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Prepare For Disaster

There may be an instance where you hire a person for a very important position, but the person simply resigns - after all the money you spend on them during the training process. This situation can be very stressful, but you can reduce your stress by being prepared.

You should be mentally geared for such developments and take them in stride. Be prepared for emergency situations. When it comes to your employees, make sure that every one of them is cross-trained in at least 2 other departments.

Business Realities

Always submit a proposal to a prospective customer after taking into account the cost of the employees involved in the project and the investment in providing the product or service, with a little margin. Consider the cost of labor and material.

But, in spite of this, if the contract goes to some other company and at half the price you quoted, this is a reality that you will have to live with. Just like you can't please all the people all the time, you will lose customers to competitors sometimes.

If this happens to you, it isn't total disaster - simply the cost of doing business. Don't be afraid to learn from the loss of a customer - ask them why they chose the other company and figure out what you can do to get their business the next time around.

Attitude

As an entrepreneur, a lot of your success (or failure) will have to do with your attitude. It's easy to be optimistic when things are going well, but what do you do when things go wrong?

By keeping a positive attitude, you are mentally expecting success. If you have other employees, keep in mind that their mindset about the business and how things are going will be greatly dictated by the way you react - to everything.

Finances

To pay your employees and vendors in all circumstances is truly one of the toughest parts of being an entrepreneur. Sometimes, your only option is to use some of your savings and invest in the company to bridge the gap. If this is the case for you, try to find alternate sources of financing, such as a small business loan or a loan from relatives.

If all else fails, consider a home equity loan or second mortgage.

Gradual Success

Sometimes entrepreneurs meet with big-time success overnight - but this happens only rarely. When it comes to entrepreneurship, be diligent and persistent, and you will eventually enjoy the sweet smell of success.

With full time jobs becoming a thing of the past, more and more people are becoming entrepreneurs whether out of desire or necessity.

It requires a whole different set of skills, and a different outlook than being an employee, but by knowing where you are strong and where you are lacking, you are empowered to seek help in the areas you need it before it "comes back to bite you".

1. Independence

You can't be an entrepreneur if you are constantly depending on someone else. You have to be willing to stand on your own two feet. In handwriting, Independence shows in three ways.
Where the capital I, when used as the Personal Pronoun, is either just a straight stick, or a straight stick with a horizontal bar top and bottom.
Independence thinking or independence of ideas, going your own way regardless, shows in very short stems on the lower case "t" or "d."
Self Reliant - this one speaks for itself. It shows in the underlining of your signature. If you don't do that now - start! It's always a positive no matter what you want to do in life.

2. Intuition

If the entrepreneur expects facts in front of her before making every decision, she will be left behind. Intuition, that gut feeling that you just "know" is right, is essential.
Intuition shows in breaks between letters in script. If it's all printing, this is not intuition.

3. Imagination

Creativity is too complicated a trait to give as part of this list, but imagination is one component of it.
Imagination, especially when it comes as the ability to think outside the box (often imagination + independent thinking) is shown in large upper loops on b,h,k,l and lower loops on j,g,y.

4. Initiative

Always a positive trait, the ability to recognize opportunity and move towards grasping it.
Initiative is shown in the strong rightward swing of the end stroke of a lower case "t" substituting for the t-bar.
It also shows in a strong forward swing of the "hump" part of the lower case "k" or "h."

5. Ability To Be Objective + Ability To Be Responsive

Both of these are needed by the entrepreneur.
The ability to be objective and not be consumed by emotional reaction is shown in an upright slant.
The ability to be responsive is shown in a forward right slant. How can anyone have both? Well, yes that's the tricky part, but a slight right slant shows the best of both worlds - the ability to be empathetic and respond to people, plus the ability to keep calm and make rational decisions.

6. Lack Of Caution

Caution, as shown in handwriting, is an inhibitor. Too much caution can be crippling.
The slant as mentioned in #5 will prevent foolhardy impulsiveness, so a lack of the caution trait would be good for the entrepreneur.
Caution shows in a long, flat stroke at the baseline before lifting the pen from the page at the end of a word/ letter formation.

7. Honest & Integrity

An absolute necessity for anyone and especially someone who's reputation translates into business or no business.
Honesty is shown in circle letters (a, o, the circle part of g and d) with no loops or hooks. Just clean, clear circles.

8. Clear Thinking

A clear head, the ability to see right though all the "garbage" and get to the important point.
Clear thinking is shown in a lack of lead in strokes in letters i.e. when putting the pen to paper the writer starts with the actual letter formation itself, not with a curvy, or straight, lead-in stroke.

9. Persistent

It has been said that 80% of businesses that fail do so because the entrepreneur gave up too soon. There are several traits which show someone who will keep on going. Persistence is just one.
Persistence shows in a counter clockwise knot which can appear anywhere, but frequently can be seen as a connected t-bar, in the formation of the bar in a capital H or A, in a lower case f and sometimes by itself in place of the word "and."

10. Self Motivated

And lastly self motivation. No-one is going to push the entrepreneur to get his work done. No-one is going to complain if he skips some things he doesn't like to do. But his business will suffer.
His motivation to succeed and his ability to get himself going is shown in a strong, heavy t-bar - heavier than the rest of the writing.

These are just some of the entrepreneurial traits, but some of the most important.

If you're starting on your entrepreneurial journey, I wish you well.

If you are concerned about the economy and your financial future, you are not alone. The world economy connects us all, regardless of where we live, where we shop and who we work for. When this global economy blooms, we all potentially benefit. But when it declines, we all potentially suffer. The key word in both statements however, is potentially. Because regardless of how all-encompassing the world economy is, we each, to varying degrees, control our own destinies.

Turmoil in the international financial markets invariably leads to problems in our own financial markets. So if you work for or are affiliated with a company that does business on Wall Street, or if it's traded there, global financial problems will have a direct affect on your company, and on you. Unfortunately, there is little you can do about this-other than to work elsewhere-because the forces at work are well beyond your control.

Conversely, if you work for yourself, you still face potential threats, but you have more control over the outcome. One of the things we're seeing as we approach the 2008 Holiday Season is increasing tension in our domestic economy. Many analysts are predicting that this year's holiday retail sales numbers will be at an all time low. Circuit City, a huge and very successful company, has declared bankruptcy because it can't pay its bills. News like this causes people to tighten the hold on their pocketbooks. Even if they're not directly affected, they reign in spending and assume a far more cautious outlook.

This all comes back to your privately owned small business. Even if you're self employed in a bricks-and-mortar business-that operates on Main Street, not Wall Street-it is quite likely that the economic tsunami will reach your doorstep as well. Frustratingly enough, there's not much you can do about it.

But we as a nation are entrepreneurial problem solvers. Like our fathers did before us, we face challenges, and overcome them. As you face these financial threats, consider options that will allow you to rise above the fray. Look for a business you can run from home, but that gives you global reach. Find an online opportunity that provides systems, training and support. Look for a solution that can provide long-term financial security and freedom for you and your family. As you consider these options, you'll know what's right, and what's not. Follow your heart-and trust your judgment.

Steps to Business Success
Interested in your product! - If you decide to start your own business, has also been proven that if you see something that you are interested or have expertise to choose as a hobby or interest you much more success. The drive and self-discipline that you need to, you will be maintained through the difficult early years to be much stronger if you wake up every morning and are ready to work on your idea. We allrecognize the importance of work ethic and look forward to when you arrive at your job and suggested to take place, it is banal and boring, it is likely to be successful and profitable.

Vary your work - how you contribute to the boss "many hats" - complete many different roles at first, until you have enough set up to employ others to get help. Women are known for their natural ability to several prestigious task, and it is this variation that will keep you from too bored. They are no longera work slave - stuck behind your desk working for someone else - you have the say! It is also important that regular breaks - have not lodged through your work lunch break, a pause and then updated in order to work. If you spend most of their time sitting at your desk, try to walk for 10 minutes - it can offer you with planning the afternoon and use the blood pumping!

Flexible Working Hours - Another bonus to be your own boss is that you select when you make an hour. If you findwork best in the morning, then try your alarm clock earlier similar, if you rather a night-bird continues into the evening. With childcare and family responsibilities can be great to work when the rest of the house is quiet. Run your own business, you can fit your lessons to your lifestyle. Internet companies, for example, for many women who have family commitments and need flexible working days need perfect balance

Be self-discipline - it is all too easy todiverted when you work from home. Often friends and family expect you to freely available - for a person or chatting on the phone, something that would not be expected when you work in an office. Try to put aside a work area - away from distractions, such as: the family, the dishes, the coffee and pastries, etc.
An answer phone, so you can notify friends when it suits you, and a business phone can be helpful to prevent interruptions.

Customer service - BusinessSurveys show that business women at the customer service and support, and one of the most important means of achieving that Excel easily accessible. Whatever your business does or sells, it will have customer inquiries, must answer quickly and efficiently. A well-run company needs a phone, an answering machine, fax machine, e-mail address, an address (no PO Box number - many people do not trust that it should) and all these communications will be reviewed throughout theDay.

Twice as many men as women in starting their own business, but the world is changing and women are "the glass ceiling" in the business world. With determination, confidence and faith in the ability of women to a very successful entrepreneur, and together with their hard efforts and career winnings come satisfaction.