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Business Management: Start Firing Your Boss

April 12, 2012 | Comments: 0 | Views: 112

Getting employed is probably the easiest thing to do after graduation. This is normal for most people since our parents taught us to study harder so we can get stable jobs in the future. Is employment really determines a roadmap to success? You better think twice. Working for a boss is typically like being trapped in a prison cell. Absolutely no time and financial freedom. If an employee gets sick, no company will give you a paycheck for lying in bed the whole time. Business management teaches us to own our time and develop our leadership skills. The beauty of business encourages us to get out of our comfort zones. However, many people fail to plan on how to escape the tyranny of their bosses. Remember that people don't plan to fail but they fail to plan. If we take a look at the history of successful people, they knew how to plan. Those people have already seen their companies' growth even before they became successful. We all know that visualization is not enough to reach short and long-term goals. Planning and execution are the two main ingredients of success. It's better to figure out the reason and methods of doing the business.

Start planning. Most people want to get out of their workplaces and dreaming of becoming the boss. Unfortunately, when we look closer, they are still working for their bosses. Why is this happening? Simply because others fail to plan. Some don't even know how to do it. Others just say they can't. It will never be easy to escape from our comfort zones since most companies usually guarantee success. Why prolong the agony? There are ways to achieve it without you being trapped in the rat race environment forever. Can you retire before you die? No one can work forever and even your boss knows it. A wise and potential entrepreneur is willing to take risks. This person will decide to start building a business. It is better to make a little preparation before leaving. Manage your current budget for your potential business. Think about the maintenance costs, materials, location and staff. Can you cope up with monthly business costs? If yes, it is good to think about leaving your company on a specific date. Don't think twice and remember that we cannot serve two masters at the same time. Again, don't be afraid to take risks.

Research. Have you done your homework? Make a little research about your industry. Consider your products and services. Take time to realize your target market. Others fail in business because they always want everyone to be in their target market. We cannot force people to use our products but there are ways to find out what they truly need. It is best to study your industry and analyze which products have higher demands. Doing this allows us to add more to our product or service. Try to take a look at price differences too.

Execute. To become an effective entrepreneur, you need to turn your decision into action. Build your business now and forget about your boss. Start investing. Study your potential profits and losses in a year. It is also good to determine your return of investment in a certain period of time. Find time to manage your business and you'll see the rewards sooner. Don't be afraid of learning new ways to bring businesses to the next level. We must always be open for changes.

To know about the company and my industry, click this link.

Gary Y. Santos is an entrepreneur and coach. Please feel free to reach him at 09173806770. Please do not hesitate to send him an email to

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Source: EzineArticles
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