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Scottaculous
habitual line crosser



Registered: Mar 2001
Location: On a plane

quote:
Originally posted by get nyce
Business Intelligence


I'm in this sector, and it is recession resistant. When belts need tightening, go to the guy who can give you all the info in order to make the tough decisions.

BTW, some good advice in here so pay attention.

Old Post Apr-23-2009 14:41 
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EarnYourKeep
LIT



Registered: Dec 2001
Location: twentyonetwo

quote:
Originally posted by echosystm
A real business man only knows enough about these things to pay the right people to do it for him properly. A real business man specialises on his area of expertise, not being a jack of all trades. If, however, you want to work for someone ELSE... then you should just choose to specialise in your area of interest. Degrees are only really useful if you want to work for someone else, or you have to go to uni to learn such things (eg. medicine).


Not to threadjack but I disagree here.

A real business man is a jack of all trades. If your focus is on a single area or segment then you are an asset to a larger company. Think google engineers, great for development, horrible in making sound business decisions. If you own your own business, you need to know all arms of it in order to be successful.


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Old Post Apr-23-2009 15:08 
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Joss Weatherby
Banned



Registered: May 2008
Location: The Pacific Northwest, of course

quote:
Originally posted by get nyce
Not to threadjack but I disagree here.

A real business man is a jack of all trades. If your focus is on a single area or segment then you are an asset to a larger company. Think google engineers, great for development, horrible in making sound business decisions. If you own your own business, you need to know all arms of it in order to be successful.


But you also need to know when things are too big for you to handle directly and when you need to cede responsibility to someone who might know those specifics better and can handle the work load while you focus on the rest.

That was the problem at the last place I worked, it was so small that the partners tried to do everything themselves and would not relinquish responsibility to anyone else. That will be their eventual downfall because they can't do any of the other things well in the first place...

Old Post Apr-23-2009 15:29 
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EarnYourKeep
LIT



Registered: Dec 2001
Location: twentyonetwo

Then you've selected the wrong business plan in my eyes. If anything falls outside of what you can handle, you've learned that you no longer are running an entrepreneur business and have moved into a small business enterprise. Both should have very different core business plan models.


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Old Post Apr-23-2009 15:46 
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Joss Weatherby
Banned



Registered: May 2008
Location: The Pacific Northwest, of course

quote:
Originally posted by get nyce
Then you've selected the wrong business plan in my eyes. If anything falls outside of what you can handle, you've learned that you no longer are running an entrepreneur business and have moved into a small business enterprise. Both should have very different core business plan models.


Thats not what I meant, I mean most anyones goal is to eventually grow their company to something larger. Its recognizing that its not a one/two man show anymore.

When you are limiting obvious growth then you need to realize that you have to take on people to handle increased responsibilities that you could not possibly handle alone.

Obviously taking on things you can't handle with your limited resources at the start is not a smart idea in any venture, business or otherwise.

*edit*

I also never intended to imply this is something I wanted to do strictly on my own. I have a business partners for two of the ventures, and they have been in low-level planning stages for a couple years now. Now is the time to move.

Old Post Apr-23-2009 16:10 
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squirrelly
The Phun Nun



Registered: Oct 2003
Location: In the Shower

Business degree is crap.

People with Masters degree's in Business are applying for secretary positions for $8 an hour.

Better off saving money, starting small in a business and working your way up. You're going to have to do that in business anyway.

It's a cop-out.

Go to school for something more recession-proof than a BA in Business.

Old Post Apr-23-2009 16:50  Poland
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samochod
Guest



Registered: Not Yet
Location:

College degrees are for the most part for people who want to work for someone. That's not to say people who have college degrees can't own their own business. Standard progression is: college > work in a particular field > then use that experience to start ones own business.

Without reading any of the posts in this thread I'd say most would find your plan to start a business a bit odd, since a degree while nice is going to put you in a hole of debt, which you'll will end up having to work for someone to pay off your loans.

If you want to get a degree in a particular field of business because you love and excel at it then great, but I get the feeling your motivation for such an endeavor is based on naive assumptions that working for yourself will make you happy. It be like going to acting school so you could own a mansion in Hollywood.

Old Post Apr-23-2009 17:23 
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Joss Weatherby
Banned



Registered: May 2008
Location: The Pacific Northwest, of course

quote:
Originally posted by samochod
College degrees are for the most part for people who want to work for someone. That's not to say people who have college degrees can't own their own business. Standard progression is: college > work in a particular field > then use that experience to start ones own business.

Without reading any of the posts in this thread I'd say most would find your plan to start a business a bit odd, since a degree while nice is going to put you in a hole of debt, which you'll will end up having to work for someone to pay off your loans.

If you want to get a degree in a particular field of business because you love and excel at it then great, but I get the feeling your motivation for such an endeavor is based on naive assumptions that working for yourself will make you happy. It be like going to acting school so you could own a mansion in Hollywood.



College is basically free for me...

I am more worried about the investment of my time.

It's also not so much that it will make me happy, I mean I hope it does... It's more so that I have a lot of ideas and I have the talent and resources to get them out there and I hope provide a living for myself. I figure its something I just need to do, school or no school.

I was just wondering if school can help with these endeavors... but from what most of you are saying it is a "no."

Also I have experience in the fields, most involve software/web development, which I did professionally in a 9-5 job for 3 years and freelanced for the four or five years prior to that.

Old Post Apr-23-2009 17:37 
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infinity HiGH
groovin



Registered: Oct 2001
Location: west side T.O

You have access to college courses for free?

Old Post Apr-24-2009 04:44  Poland
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Sushipunk
Flickering, I roam



Registered: Sep 2006
Location: Chateau Verdafloor

quote:
Originally posted by infinity HiGH
You have access to college courses for free?


I assume he means his parents will be paying for it


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Old Post Apr-24-2009 04:50  Australia
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Joss Weatherby
Banned



Registered: May 2008
Location: The Pacific Northwest, of course

quote:
Originally posted by infinity HiGH
You have access to college courses for free?


My grandfather left all his grandchildren a substantial amount of money for college education.

But only for that... Also my cousin said it might only be for post-graduate education. Eitherway, silver-spoon, spoiled brat, etc...

If I have the means I should exploit them though, thats been my theory.

Old Post Apr-24-2009 05:22 
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Sushipunk
Flickering, I roam



Registered: Sep 2006
Location: Chateau Verdafloor

quote:
Originally posted by Joss Weatherby
My grandfather left all his grandchildren a substantial amount of money for college education.

But only for that... Also my cousin said it might only be for post-graduate education. Eitherway, silver-spoon, spoiled brat, etc...

If I have the means I should exploit them though, thats been my theory.


Apologies then, I stand corrected


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Old Post Apr-24-2009 05:25  Australia
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