How to Buy and Sell A Business
How You Can Win In the Business Quadrant
Chapter One
Before You Begin
Being Your Own Boss
It sounds like paradise-being your own boss. Owning your own
business, setting your own hours, answering to no one, even dressing
how you like. Robert Kiyosaki's rich dad advocates owning
businesses, ideally man-aged by others, for the income they generate
and the freedom they can provide. But whether you are a nonmanaging
entrepreneur or a day-to-day boss, being the owner also means taking
the responsibility-all the responsibility- for the business's
health. The success or failure of your business (and correspondingly
your personal financial success) lies squarely on your shoulders.
There are no sick days, no vacation pay, no downsizing
opportunities. A turn in the economy no longer means only worry over
job security, but worry over utter financial ruin. There are no
security blankets in the entrepreneurial world, so you'd better know
from the start if you are a Linus or a Lucy. Linus was the
intellectual of the Peanuts gang, but he required security. Lucy was
the go-getter, a s ... read full excerpt from: How to Buy and Sell A Business: You Can Win in the Business Quadrant ebook
