Wednesday, March 5, 2008

Running Your Own Business - Chris Ritter

Despite being 20 years old, this did a good job in breaking down what has to be done in starting a business. This went into detail about how to get loans, what type of people to look for into who you would want working for you, and what makes an efficient manager. After reading this, it made me second guess into any thoughts of starting a business. You seem to have to put in a lot of your own money and make sure you reach the right type of consumer. Also, the legal parts seems to be risky. I read about layers and chances of being sued, even if it wasn't my fault and the fault of a person that worked for me. What I didn't realize is how possible it can be to think of a product. I could already take something that has been created and make it more appealing by offering more advantages like appearance or a lower price. This also covered things that have already learned like budget sheets and assets. There were only two problems I had. The first made me believe this to be sexist. When it was time to describe a manager, all I read was he this and he that. And, I always read business man and never a business person. I don't think the words she or woman were used in this book. I also didn't understand that I would only need to know a little of what I was selling. I would believe that I would be better off to know everything possible about a product and for sure more than any customers of mine may know.

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