hi everyone, I haven’t had much time to be in the CR lately but I just logged on and this thread caught my eye.
ames,
that story is truly amazing! Thanks for the chizuk!
anonymisss and anyone else considering starting a business,
you are walking a thin line. On the one hand you don’t want to jump in and invest money without any idea whether there is any business plan at all but on the other hand if you worry over every possible obstacle you will never start.
My advice is don’t worry about the economy (revenues of small businesses have been improving since February according to a wall street journal reporter on the radio) and don’t worry about the million other things that can go wrong – deal with each one as it comes up. But do have a plan, even an inforal one, but it has to be raelistic – what am I good at? Is there a lot of demand for this product or service at the price I plan to charge? How and where will I advertise? Do I have the required skills and if not can I hire someone with those skills and still be profitable?
Another very important point – only take advice from your rav or from those who have run successful businesses. Someone who never opened a business may see all the risks and not see the potential so they may scare you away from doing this with the best intentions.