Before Starting a Business - Introduction

"Before Starting a Business" is a short course that will teach you what things you have to keep in mind before you start a New Business step by step.

This is a step by step guide of "What you should do before starting a Business"?

Starting a new business is like jumping from a airoplane with parashutte and hoping that parashute will open. Statastics don't favour in starting Businesses.
Unfortunately 99 out of 100 new businesses fail before its 5th Anniversary and those which survive again 99 out of 100 businesses fail before its 10th Anniversary.

There are so many books, articles and literature is written on how to start a new business, what things to keep in mind, tips for new enterpreneures, successful enterpreneruships.....and many more....But according to me, the reason why 99 out of 100 new businesses fail is not the improper business skill or lack of experience in business.

But it is something different. According to me the reason why most of the new businesses fail before its 5th Anniversary is because they have not taken proper precautions before starting a New Business.

They have not done what to do before starting a Business. In fact they don't know which things to keep in mind before starting a new Business.

I have seen so many people who have started their business with a Borrowed Seed capital because in the Business, Investing and personal finance books they have read that, Spending in Business is an Asset because you are developing an Asset. So any loan that you are taking for your Business is a Good Debt. This is the power of Leverage and so on.

Well, this is true that, if you take a debt for Business than it is a Good Debt. But the statement is not properly written. The statement is written for established Businesses means the statement is true once your Business is satteled. But the statement is not in anyway true for Start up Capital.There is no where in literature written that to start a Business you require borrowed Money. Actually to start a Business you need to raise the Money.

So this is a one common mistake that people do before starting a Business. They start their Business with borrowed Money.

There are so many other mistakes that people do before starting a Business.

This short Course will teach you what exactly you should do before starting a Business so that it Never fails. If you want to beat the statistics of new Business (Al most failure) than you must complete the following short course.


Here are the Lessons on "Before Starting a Business" -

Lesson: 1) Getting Out of Debt

Lesson: 2) Stay Away From New Debt (Stop Borrowing Money....NOW..!!!)

Lesson: 3) Build an "Emergency Fund"

Lesson: 4) Start Regular Savings & Investing

Lesson: 5) The Most Powerful Force in the Universe - The Compound Interest

Lesson: 6) Monthly Passive Income >= 2 * Monthly Expense (Financial Freedom...!!!)

Lesson: 7) Write a Succesful Business Plan

Lesson: 8) Build a "Business Fund" & Start a Business

Lesson: 9) Control Your GREED & FEAR (Stay away from Greedy as well al Fearful People)

Lesson: 10) To earn Money Versus To Raise Money

Lesson: 11) Understand The Company - Myths Versus Reality

So the above lessons will teach you what to do before starting a Business. Once you learn and master the above lessons you are ready to start your Business without any Worry.....!!!!!!!