Entrepreneurship

Entrepreneurship
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Selling your Software Company is the most important transaction you will ever make. Mistakes in this process can greatly erode your transaction proceeds. Do not spend twenty years of your toil and skill building your business like a pro only to exit like an amateur. Below are ten common mistakes to avoid:

1. Selling because of an unsolicited offer to buy - One of the most common reasons owners tell us they sold their business was they got an offer from a competitor or more often these days, an Indian company looking to buy a customer base in the United States.

Business In A Time of Scams

You should be careful about choosing a business. After all, investing in an entrepreneurial venture can make or break you. It can ruin or make your reputation, place a big dent on your bank account or enlarge it and do something to your self-esteem that a therapist cannot. So when faced with an online business opportunity, should you make a go for it or should you run in the opposite direction? Here, we try to make sense of what makes a good online business opportunity and how you can decide for yourself if it's right for you:

Online means just that.

Dissecting the Life Coach Phenomenon

All coaching is, is taking a player where he can't take himself.
Bill McCartney

Life Coaching is not new.

Life Coaching as a profession started in the 1980s. Then, it catered more to executives or managers. Now, this profession has developed to cover a lot of areas from helping people choose the right career options to managing difficult personal or professional relationships.
By now you have probably heard the rumours, eBay is banning the selling of digital products from its auctions with immediate effect as of march 31st 2008.

The reverberations to this announcement are being felt around the globe, from this shocking and deft move by eBay. All over the internet ebook sellers are in a state of panic and desperation as to how their internet businesses will survive such a culling.
If you are like most people who are thinking about being a life coach, then you are not doing it for the money. You want to help make this world a better place and that is awesome. However, money is a natural part of being able to help more people with your business and life coaching can be a great way to create multiple streams of income. You don't have to put into action all the income streams I mention.
If you are homemaker or a young mother who wants to earn but does not want the hassle of a full time job, then free work at home job is a good opportunity. Some of the fastest earning opportunities on the Internet today are home-based data entry.

Most companies have realized that if they outsource their projects online, they can save thousands of dollars which goes in maintaining office staff for the same.

Don't Become a Life Coach

Don't become a life coach unless you know exactly what you are getting into and why. If you want to be your own boss and help hundreds or thousands of people move forward with their lives, then being a life coach may be the job for you. However, there are a few questions you should answer. Sort out your thoughts and plans before you take the plunge.
One of the most challenging aspects of selling a healthcare information technology company is coming up with a business valuation. Sometimes the valuations provided by the market (translation - a completed transaction) defy all logic. In other industry segments there are some pretty handy rules of thumb for valuation metrics. In one industry it may be 1 X Revenue, in another it could be 7.
The World Wide Web is a ripe place to do business, which probably explains why millions of people flock online to find out which one presents the best possible internet business opportunities. However, when there are literally hundreds of offers currently available, it's often extremely difficult to determine which ones represent the real thing and which ones are pure exaggerations.
Hey! When you finally decide to go for it, please don't do what Christy did. Christy Brainer, one fine day, left her secure job as a librarian and decided to start up a life coaching business of her own. The young lady was enthusiastic, but her sense of planning was poor. Unfortunately in a couple of weeks she had to start hunting for a new job because her life coaching business shut down even before it could officially kick-off!

Well, let's not get into the details of how and why it all happened.
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