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One of the greatest obstacles faced by thousands of returning veterans who are transitioning back into civilian life is in finding long-lasting gainful employment, according to Kevin Humes, the President/CEO of American Veterans Alliance/American Alliance for Disabled Veterans (501 C-3) and co-founder...
Negotiation is something that home-based or other small business, business opportunity or franchise owners need to contend with, like it or not. Unfortunately, far too many of them think it is okay to just wing it. They don't take the time to refine their skills in this area. As a result, they are doing...
If you’re a mom (or even a dad) who is currently making the job of raising kids your full-time job and who is also wrestling with the idea of buying a business opportunity or franchise, the recent raging and politically charged debate about what constitutes a “working” mom may hit close to home. Personally,...


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Resource Center > Article
Solving the Entrepreneur Equation
23 May Posted by: Kathleen C Lanza
in Start Up

If you’re an entrepreneur who is marketing a home-based or other small business opportunity or franchise to others, making the investment of time and resources into any prospect is somewhat of a risk.  And let’s face it, your hard work doesn’t always pay off when someone you thought would be a good fit isn’t.  Now there’s a resource that you may want to check out and even recommend to your potential clients that can assist them in making the best decision possible when it comes to business ownership.

In her new book “The Entrepreneur Equation: Evaluating the Realities, Risks and Rewards of Having Your Own Business,” business strategist, author and blogger Carol Roth slaps aspiring entrepreneurs with a reality check that you don’t often see in today’s "you can do it if you just try hard enough" culture.  In his forward to the book, New York Times bestselling author Michael Port puts it this way.  “Most books on entrepreneurship are written from the perspective that anyone and everyone can do it, and it’s super simple if you just follow these three easy steps.  However, anyone who has built a remarkable business knows the truth.  There are no three easy steps…,” he writes.

The goal of Roth’s book is not so much to discourage anyone from becoming an entrepreneur.  However, it does provide individuals who think they have what it takes to make it in business today with the tools they need to make the right call.  Suffice it to say, if your prospect reads this book and still feels confident that buying and starting a home-based or other small- or medium-sized business opportunity or franchise is a good idea, then they’re more likely to make it.

Roth is an expert at raising issues and asking questions that will prompt any aspiring entrepreneur to take careful stock of whether or not the fact that they can own a business is enough.  Let’s face it, just because someone can doesn’t necessarily mean that they should. 

Driven by the concept of self-assessment, Roth’s book prompts the reader to take careful inventory of such critical issues as his/her fitness for entrepreneurship, motivation, timing and personality.  She then goes on to enlighten the reader about key factors that should also impact decision-making such as whether or not the business in question is the right fit, as well as the overall risks, issues and rewards of entrepreneurship.

Roth is also a frequent radio, television and print media contributor on the topics of business and entrepreneurship.  Her blog entitled Unsolicited Business Advice was recently named as one of the Top 10 business blogs online.  If after reading and availing themselves of her sage wisdom and advice on the subject of owning a business your prospect is still on board, you’ll be just one step closer to ensuring your gamble on them is a sound one.


Related Blog Posts
3 May Posted by: Kathleen C Lanza
in Start Up
An article on Monday’s Businessweek.com points out that business ownership among entrepreneurs between the ages of 55 and 64 is up significantly over the past 15 years. And although there is some degree of speculation as to why that is, one thing is pretty clear, as explained by Ting Zhang, an economist...


18 Apr Posted by: Kathleen C Lanza
in Start Up
VetPower.org is a new non-profit charitable organization that gives America’s veterans the opportunity to start their own home-based or other small businesses, business opportunities or franchises. Founded by Kevin Humes and Frank Campanaro―two...

8 Mar Posted by: Kathleen C Lanza
in Start Up
If you’re an entrepreneur with a great idea but you’ve exhausted all your personal resources for startup funding―as well as your friends and family―it might be time to look for an angel investor. Angel investors are wealthy individuals who are willing to invest anywhere from a couple of hundred thousand...

27 Feb Posted by: Kevin James Culp
in Start Up
SCORE mentors deliver FREE, confidential, valuable advice for your business needs. Whether you are a start-up or an existing business, our mentors will help you reach customers and achieve your goals. A nonprofit association dedicated to encouraging the formation, growth, and success of small business...





Ed Lewellen is the Senior Vice President of Talent Acquisition for Employers Edge, Inc., a company that uses its own highly successful and proven business model to improve the performance of other companies―coaching,...
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