Saturday, August 29, 2009

Being an entrepreneur

I have been talking to a few people and it seems this recession has certainly put people in a different frame of mind. Thinking in new ways and definitely embracing the idea of being an entrepreneur.

For example one person I spoke to is considering branching out into being a consultant,another wants to start his business as a sole trader and yet another already started the process of registering her business. I myself, having lost my job but even before that my mind has been intrigued with having my own business and doing something that I like.

Funny enough,it is only as I am typing this, I realize how much I enjoy writing this blog(or typing,if we want to be literal) and researching ideas about what topic to write on. It's something I enjoy and I make the effort to write as often as possible because it gives me a purpose and a sense of enjoyment.

Hmmm....so much for that. In researching I found there there is an online website called Entrepreneur with lots of valuable information. Firstly, when starting a business, a Business Plan is imperative before going anywhere. It's not just good enough to have a business idea and run with it(well, maybe run with it yes, but following the process it needs to succeed).

There is also a local body here called NEDCO(National Entrepreneurship Development Company) Limited. It is a State Owned Company set up to assist any citizen over the age of 18 in the start up or expansion of a small and micro enterprise in Trinidad and Tobago. This is where one of my friends went for information and started her process.

Another source for me is my brother. I can always ask him as well, since he is also trying to get his business off the ground. So, my plan is to tackle the Business Plan process and probably enlist my hubbie in that since he knows about Business Plans from his previous studies.

They say a recession is the best time to start a business.......I hope to find out.....


Cheers,J......

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