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Life as an EntrepreneurPresented by Roger Pierce

(30 minutes)

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You won’t be alone! 3 Million entrepreneurs 16% of all workers 1000s of clubs, groups, associations

“Most respected occupation”

Canada’s top career choice

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Easy technology Cheap to launch Worldwide marketplace – sell anywhere

Attractive lifestyle Everyone else is doing it!

Why are people starting up?

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Wake up with enthusiasm Work with people you like Clock moves too fast Uncertainty, fears Lots of learning Satisfaction

What’s it like?

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Set your schedule & priorities Apply your passion Control, autonomy, authority Be your own boss Joy!

Benefits of self-employment

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Multitasking Risk (financial & emotional) 50% fail within 5 years Surprises

Negatives

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Forget “get rich quick” Average income: $38,000 75% self-employed are millionaires Startup Budget

= capital + 6 months working cash Cash flow is King

About money

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Do one thing only It’s all about the idea Need a lot of $ to start It’s easy

Entrepreneurship myths

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Three options to get into business:

1. Buy a business for sale2. Buy a franchise3. Start a new one

Read books, magazines & websites Attend shows, talk to people Study the marketplace to copy & improve

an existing idea

Finding startup ideas

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Good with people Communications skills Problem solving Confidence Work ethic/discipline

Success traits

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Specialize in something Plan 3 years Listen more than you talk Get advisors Allow enough time & money Always be selling

Success secrets

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Know what you want (clear goals) Build your business to serve you Automate Work with happy people Do something you love.

Your perfect business

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THANK YOU!Free advice at

NewcomerStartup.com