How To Prepare To Own Your Own Business

I was doing some research for a webinar that had to do with sticking to a business, being an entrepreneur, etc.  I came across this excellent blog post by Peter Shallard: Why you should quit your business and get a real job.

I thought this was going to be a “wake up to reality!” post, but at the end I was surprised and delighted with the twist.  This is a MUST READ.

James Altucher: 40 Alternatives to College

I love James Altucher’s work. Here is a very interesting slideshow he did titled 40 Alternatives to College.

It’s cool to think about all of these things, but as a dad of a girl who’s not that far away from college I’m not sure I’m behind all of them (at least, not for her). But many of these receive an enthusiastic AMEN! from me :)

Create $4k/month in five days…. tell me it ain’t possible!

Before you read this article, realize that the idea, and polishing the idea, will likely take you more than five days… but the point of this article is that you don’t have to take years to create this type of income.  And many people can quit their 9-to-5 if they can create this much money.  OR, keep the 9-to-5, and simply experience a different type of financial mindset!

From Tim Ferriss’ blog, written by the brilliant Noah Kagan: How to Create a $4,000 Per Month Muse in 5 Days (Plus: How to Get Me As Your Mentor)

New Degree: Check. Lots of Debt: Check. Now, what are you owed?

There is an article on my local news website about the new graduates and the poor job market.  To poor salt into the wound, they talk about student debt.  What a great mix of topics!

The fireworks and stories start in the comments (read them here).

So, you went to school.  Great.

You got debt.  I guess a necessary evil.

What did you major in?

What did you do during school to land a career-job after you graduated?

I see is people are majoring in something that doesn’t pay a lot but incurring a lot of debt.  The math is simple but it is ignored.

I also see people not doing anything career management related until they get out of school.  And then, living with their parents, or with their new small family, it gets more serious.  You can’t hide behind “I’m too busy because I’m in school… I have a test coming up!”  That is an artificial environment.

One of my favorite tips I heard was to start an ebay business, whether that was related to your career path or not.  Starting your own business will teach you so much… SO MUCH.

The big question is, does society, or your school, owe you anything?  Or is it time to get to work on your career?