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Book Summary Preview :
How To Make Big Money In Your Own Small Business

By Jeffrey J. Fox
Vermilion, 2005
ISBN 0091900166
150 pages

The Big Idea

Today, more than 25 million Americans own small businesses and millions more dream of running their own. The fact that a lot of people dream of owning a small business is no surprise as the average income of small business owners is above $400,000.

Author Jeffrey Fox uses his own experience to share to readers the secrets to having a profitable and successful small business. Whether you’re just starting out or have had the business running for years, this book is for you.

 

There Is a Lot New Under the Sun
New ideas pop up in the market on a daily basis. You can always think of new products to sell, new marketing and sales strategies to use, or new ways to make a customer happy. Ignore people who rain on your parade by telling you that your idea as been done before.

One Difference Between Yes and No
If you are looking for new business ideas, seek out the ideas that big corporations have dismissed. Often, corporations will throw out innovative ideas at the slightest critical comment because corporate executives are afraid to take risks.

Sources of New Business Ideas
Still looking for a new business idea? You might try looking:

  1. Within yourself (what do you do well?).
  2. Within your family (family business).
  3. Within your current company.

You can also consider:

  1. Providing ethnic products.
  2. Healthcare services.
  3. Buying a franchise.
  4. . . . . . . . .

 
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