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Make Teaching Your Business
Is there one person living in a western capitalist economy who has not once dreamed of starting their own business, even if it was for a fleeting second. There are plenty of reasons why people would want to start their own business, these include 1) Be your own boss, 2) work your own hours, 3) build your Assets and most probably the last and most common reason 4) make a lot of money. The above reasons are very compelling however the reasons preventing people from starting their own business are just as compelling, this main reason is risk.
However when you start a business there should be no risk. This goes against every business idea of all time, greater the risk, the greater the reward but that is not necessary so. When someone buys someone else's business they are buying a job, when someone buys a franchise they are buying a job. This involves risk, normally your money which, for most people is a limited resource. This is the risk, if the business you buy (or franchise) fails you lose the business and the money, that is the risk. I understand there are many different businesses scenarios however I will make ...
... mention of them later in the article.
When people start a business they always create, be it whether you create a product which people want, create a service which people want or creating accessibility to the general population of a certain product or service. This is secret when you create, you risk nothing because the item you create can always be reproduced. Business fail because the thing that is been created is something the general population do not want or are not willing to pay for. You should not risk a limited resource, ie money on something that you can create. Sure you probably need money to create a lot of things, but you should risk little and create less. Let the business build up the money and reinvest in the creation process. This is why some big businesses are able to put a lot of money into a project, the company is exposed to risk in name only. This is because money for a big business is an unlimited (as it will be budgeted for) resource.
This is the reason why businesses fail, they place to much of a limited resource into creating. A successful business uses the creating to build wealth, not the wealth to create. One way to do that is have unlimited wealth or use a tight budget. Most people do not have unlimited wealth so I will talk about a tight budget. I am going to talk about using the tightest of budgets, nothing,
Something that people can create that cost nothing is their skills, I am talking about tutoring/teaching. Most people have a skill that they enjoy and that they feel other people would like to learn. When you share knowledge you create knowledge as now instead of one person having that knowledge, two people have it, the knowledge is doubled. Every school is an institution that creates knowledge. As the teacher is paid to create the knowledge, so should the tutor be paid.
One way to start your business is to go to Knackshare if you want to teach something, Knackshare is a perfect site. This connects those who want to learn to those who want to teach. You teach whatever you want to, you negotiate with the student what you will teach, the place you will teach and the times you will teach, as well as your price. This will all be part of the negotiating process. You will create knowledge via teaching a totally unlimited resource, you risk nothing but you can gain everything.
About Author:
I am interested in education and the free market to fuel creation.
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