Lance Hood and Richard Parker Present How to Reach Your Goals and Become Financially Independent Purchasing Businesses
Released on: April 28, 2008, 1:39 am
Press Release Author: Success Insiders
Industry: Financial
Press Release Summary: Purchasing undervalued businesses at a reasonable price can be very profitable. Buying a business that's already up and running is a great shortcut to accelerate investors on path to financial independence while eliminating many of the risks involved in startup.
Press Release Body: The key is finding businesses with the least amount of effort and for a very reasonable price.
SuccessInsiders.com Co-Founder Lance Hood recently interviewed Richard Parker and he learned some great ideas that can help anyone reach their full potential of financial freedom by going into business with the least amount of investment while eliminating as much risk as possible. The ideal is to get a good solid business and turn it into a great business. With applied skills, it will be possible to build substantial value and increase the earning power exponentially. There are a few procedures that should always be followed when deciding to go into business.
. Become educated from information provided by advisors. . Self inventory - What are your strengths and weaknesses? . What is your passion? What area do you want to go into? . What are the restrictions - How much time is required? Do you want the ability to travel?
Richard Parker advises people to remember that being an employer is different from being an employee. As a potential business owner there is no room to beef up strengths and downplay weaknesses. Going into business does not allow the luxury of getting on the job training; the goal is to make sure that the money which has been invested is not wasted. The beauty of purchasing existing businesses is that they are not as expensive or involved as people may think. Owning a business is well within reach of the majority of people who want to go into business for themselves.
Richard Parker is the founder of Diomo Corporation and author of The Art of Buying a Business and How to Buy a Good Business at a Great Price. He has been featured in The New York Times, Entrepreneur Magazine, The Street.com and was an Inc. Magazine Entrepreneur of the Year nominee. He is a featured expert on to http://www.successinsiders.com/ where you can read his bio, ask him questions and attend his teleseminars.
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This Press Release has been submitted by PREasy.com
Research, Investment, Buying Business, Business Brokers, Chambers of Commerce, Making Money, Building Wealth, Business Skills
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