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The Would-Be Entrepreneur’s Handbook


Money Magazine:

The last day of a recession is the best day to start a business, the saying goes. So tackle the 10 steps in this guide now – and be ready to ride the rebound when it comes.

Step 1: Interview yourself for the job

Step 2: Have a cushion

Step 3: Leverage your expertise

Step 4: See what the customer thinks

Step 5: Write a winning business plan

Step 6: Pick your advisers carefully

Step 7: Make it official

Step 8: Chase the moola

Step 9: Lure customers, on the cheap

Step 10: Go 2.0

For more details, go here.

Photo by erwinbacik.

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Comments

  • ya know…i never would have agreed to this post until recently. seeing how many people including my brother opening up their own business in a recession and being successful at it, and then watching my fiance play the stock market and making money on business’ that you never would have thought would advance…it’s amazing. now not everyone will always’ have this great of luck i’m sure, but it still proves that there is money to be made in a recession.

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