Posts Tagged ‘owner’

Being unemployed is not fun as a matter of fact it’s during this time that you need the most support. One of the ways that Your Passionate Business is supporting you is by connecting with you via social media. You can connect with YPB in the following ways:

• Connect on Facebook: Receive tips and tools via Facebook Fanpage
• Connect on LinkedIn: Employee to Entrepreneur group on LinkedIn
• Connect on Twitter: Tweet with us and connect with others

YPB has been watching the unemployment trends from the Bureau of Labor Statistics (BLS/www.bls.gov). BLS just released their information about the unemployed for July 2010 and unfortunately the numbers did not improve. Both the numbers of unemployed persons, at 14.6 million, and the unemployment rate, at 9.5 percent, were unchanged in July.

This is alarming because it basically means that the status for the unemployed did not improve. Can a solution be created that would help improve the numbers? What can be done for the unemployed to improve their situation? One thing that can be done is to show them how to start a business whether it is online or offline.

A few more statistics were:

Among the major worker groups, the unemployment rate for adult men (9.7 percent), adult women (7.9 percent), teenagers (26.1 percent), whites (8.6 percent), blacks (15.6 percent), and Hispanics (12.1 percent) showed little or no change in July. The jobless rate for Asians was 8.2 percent, not seasonally adjusted. In July, the number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 6.6 million. These individuals made up 44.9 percent of unemployed persons.

With 44.9 percent of the unemployed people being on long-term unemployment benefit, one way to create a solution would be to start researching for ways to start their own business. Research is suggested as the starting point because it will help you create a firm foundation. It will help you determine what industry will be best for you to start a business in and can help you become focused.

Below are the 5 tips you should keep in mind while doing your research:

• Create a list of skills or tasks that you like to do that you could turn into a business.
• Start with a subject that you are familiar with so that you can create a firm foundation from it.
• Use resources like the public library or online information portals like SCORE.org or SBA.gov to gather information and statistics.
• Make sure that you compile all the information you gather into a document or notebook so that you can keep it handy.
• Don’t be afraid to ask for help by contacting industry experts. They could help you fine-tune your business idea and even help you get started.

Participate as a Huddle Group member
(YPB mastermind group)

You will receive guidance to start your business, access to group calls,
access to Huddle group forums, access to downloadable eBooks to help you get started,
AND MUCH MORE!

Connect with YPB via Social Media

Connect on Facebook
Receive tips and tools via Facebook Fanpage

Connect on LinkedIn
Employee to Entrepreneur group on LinkedIn

Connect on Twitter
Tweet with us and connect with others

Stay positive while developing your new business even though unemployment can be disappointing and disheartening starting a business could be your solution. This could become a sustaining factor for you. To encourage you to develop a business, below is a video of someone who started a business at a young age to help his family come out of poverty.

Using social media in your business is becoming a daily requirement to grow your business. In order to do this, time and effort is required on the part of the business owner to implement a website social media plan that is effective. Although it may require a lot of time in the beginning to setup the plan, once the plan is in place, it can become part of your daily routine.

Recently, Jerrilynn Thomas interviewed Kim Beasley on their co-hosted show, Reinvent Your Business on the BlogTalkRadio network. Jerrilynn put Kim on the hot seat regarding social media and how business owners can use it to grow their business.

One of the questions asked was, “What is social media and why should a business owner implement it?”

Social media is the process of connecting with others and sharing information via websites such as Facebook, Twitter, or LinkedIn (to name a few).

The audio below is the actual interview that you can listen to and learn more about social media and how to implement as part of your business processes.

Do you have an idea that you want to cultivate and turn into a business? Have you been working on starting up your own business? Whether you have started or are getting ready to start turning your idea into a business, there are a few tips that I want to pass on to you that can be very helpful.

The business tips are below:

• Think outside of the box when turning your idea into a business. Allow yourself to take calculated chances.
• Don’t be afraid of making mistakes. Learn from them and keep going.
• Be open to advice from industry experts who can help you develop your business.
• Always research the industry that you want to start a business in.
• If you can’t start with a support team, include in your strategy plan to gradually bring on a support team. They don’t have to be employees. You can create a support team of contractors.

As you incorporate these tips into the process of turning your idea into a business, be confident in the choices you make. If you feel that you need help with developing your idea into a business, checkout the YPB Huddle Groups.

Watch the video below to see how two college students turned their idea into a business called “College Hunks Hauling Junk”. This is a 4-year old business that has already developed 24 franchises with a goal of 30 by the end of 2009.

One of the things that those new to starting their business need help with is determine what should be the focus of their business. Your Passionate Business (YPB) help you get focused on your business as you develop it around a skill that you are passionate about.

Regardless if you are new to being a business owner or you are a seasoned business owner, YPB can help you determine what’s a good fit for you when comes to developing a business. If you haven’t checked out the services and products that YPB provides, please visit our Resources page.