Mar 30
Entrepreneurs!
As you know we're a firm of solicitors in Sutton Coldfield, but we also do work for people all over the country.I've just been doing my "civic duty" posting free advice on UK Business Forum for the benefit of business men and women far and wide. I know... shucks... I'm too good!
Anyway, there are several recurring questions there and I guess if they're recurring then a few of you might have similar queries - so I thought I'd pop a few of the replies on here for your delight...
This was in answer to a query about what to expect as a entrepreneur:
"[Quoting Mattthewineman 'I perhaps do not class myself as an Entrepreneur but I have just remortgaged my house, taken out a substantial loan, have a wonderful (young) family that I want securiitiy and happiness for and with, but I will be setting up my own business from scratch. My brain is bigger than my b***s and I hope that is the right way around !?! I have had absolutely no assistance from local authourities/central goverment/business link etc in terms of financial backing but that makes me all the more determined to succeed. I am out there, working hard, today.........']MatthewIt does take balls to do what you've done - so hats off to you and to all the entrepreneurs on here. (I believe I am one of you too, for my sins, brothers and sisters!)It's kind of more of a compulsion - as you say Matthew, kinda leading from the heart and not always the head. 
I've done a number of things that have had great potential and not worked out for one reason or another - and I have to say I'm glad for the experience and I don't regret a thing. Go with your passion, I say!One small word of advice that i just read today that certainly chimes with me - from Ricahrd Branson's book "Business Stripped Bare" - is that entrepreneurs are often seized with the zeal to create and overlook (or aren't suited to) the rigours of actually managing the idea/start up business.I'd really second that thought and say that you should try to play to your strengths - and try to delegate your weaker points to the best person you can afford who is good at what they do.Anyway - good luck to you all! Incidentally, someone mentioned finance - and if you're in the Midlands there is a lot of Govt money about. I know a chap if you'd like the details." If you're starting up in business we can help you get it right from Day One - so visit the website at Harvey McKibbin Solicitors in Sutton Coldfield or call us 0121 240 9115 right now...
I've done a number of things that have had great potential and not worked out for one reason or another - and I have to say I'm glad for the experience and I don't regret a thing. Go with your passion, I say!One small word of advice that i just read today that certainly chimes with me - from Ricahrd Branson's book "Business Stripped Bare" - is that entrepreneurs are often seized with the zeal to create and overlook (or aren't suited to) the rigours of actually managing the idea/start up business.I'd really second that thought and say that you should try to play to your strengths - and try to delegate your weaker points to the best person you can afford who is good at what they do.Anyway - good luck to you all! Incidentally, someone mentioned finance - and if you're in the Midlands there is a lot of Govt money about. I know a chap if you'd like the details." If you're starting up in business we can help you get it right from Day One - so visit the website at Harvey McKibbin Solicitors in Sutton Coldfield or call us 0121 240 9115 right now...
