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	The Top 10 Questions You Should Ask Yourself Before You Start Your Own Business by Susan Dunn Momentum Coaching
Astrology, Tarot, and Self Improvement for the New Age.

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The Top 10 Questions You Should Ask Yourself
Before You Start Your Own Business
by Susan Dunn

According to Lillian Katz, aka Lillian Vernon, founder of the $258 million direct-marketing company.

1. Do you have the necessary commitment?

LILLIAN VERNON'S COMMENTS: To succeed, you must feel passionate about the work you have chosen. Lukewarm enthusiasm will not sustain you through the challenges you will face in a start-up business.

2. Are you prepared to work extremely hard?

LILLIAN VERNON'S COMMENTS: Launching your own business demands long hours of labor. Are you sure you want to give up a good part of your social life: your weekends, golf games, and vacations? For your developing business to succeed, you will need to focus all your energies on it.

3. Do you have the mental stamina and concentration to meet the demands your project will impose on you?

LILLIAN VERNON'S COMMENTS: If your attention flags, you may jeopardize your venture.

4. Do you: a) Accept new ideas easily? b) Treat other people's ideas with respect? c) Make decisions right away?

An entrepreneur must be open-minded, flexible, and able to respond to new ideas.

5. Are you prepared to spend time analyzing a problem and finding a solution?

LILLIAN VERNON'S COMMENTS: No matter how carefully you plan, you are bound to run into an unforeseen problem now and then. Be prepared to cope with such a situation.

6. Are you ready to commit to the long term?

LILLIAN VERNON'S COMMENTS: A company's success is never an overnight miracle. That is one reason you must be absolutely certain that you love your work--there will be a lot of it.

7. Do you have adequate backup resources?

LILLIAN VERNON'S COMMENTS: Banks and other financial institutions seldom lend money to startup businesses. Will family members or friends invest in your company or tide you over during a rough patch?

8. Are you good at concentrating on detail?

LILLIAN VERNON'S COMMENTS: Often, no one but you will be able to take care of small items. An entrepreneur's life is not one of ideas alone.

9. Are you ready to sit down and write a careful analysis of your business prospects?

LILLIAN VERNON'S COMMENTS: Without a best-case/worst-case scenario to guide you through the first years, you may be in for an unpleasant surprise or two. Be aware and be prepared.

10. Are you an optimist by nature?

LILLIAN VERNON'S COMMENTS: Mistakes and setbacks are bound to occur. Can you learn from your mistakes without getting derailed or discouraged?

This piece was written by Susan Dunn, M.A., Clinical Psychology, EQ Coach and Certified Teleclass Instructor, Momentum Coaching, who can be reached at sdunn@susandunn.cc, or visited on the Momentum Coaching.

Copyright 2000-2003 CoachVille, LLC.

Susan Dunn, MA, Clinical Psychology, The EQ CoachT, Susan Dunn, MA, cEQc, The EQ Coach™, Susan Dunn. Bringing the power of Emotional Intelligence to YOUR life through coaching, eBooks, and distance learning. Midlife, retirement and transition coaching, career and relationships. Email for free EQ ezine. Want to be a certified EQ Coach? Email for information on this fast, affordable, comprehensive, no-residency program. Products available for licensing to build your practice. Visit the best ebook library on the Internet - EBook Library.

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Last updated May 23rd, 2004

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The Circle of Life -- The Zodiac Signs and the New Moon's Journey
By
Rebecca Brents

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Karmic gifts and talents

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Unexpected Miracles : The Gift of Synchronicity and How to Open it
By
David Richo