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Don't Wait for Perfect Moment

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Submitted By kee78
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DON’T WAIT FOR PERFECT MOMENT,
TAKE THE MOMENT AND MAKE IT PERFECT
SEPTEMBER 2015 SEMESTER
________________________________________________________

COURSE CODE | : | BPME 6023 | COURSE NAME | : | NEW VENTURE CREATION | PROJECT TITLE | : | DON’T WAIT FOR PERFECT MOMENT, TAKE THE MOMENT AND MAKE IT PERFECT | | | | | | | |

Introduction
“The time will never be ‘just right’. Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.” Napoleon Hill
When it comes to many things in life, we tend to wait around for that perfect timing in order to go for the new venture. The problem with this mentality is that it sets us up for disappointment, stagnation, and failure. There is not necessarily a perfect time or day for anything. However, there is a better way, a way to take action now, to move forward and to start the new venture instead of merely dreaming it.

1.0 Don’t wait for perfect moment 1.1 The Economy
Some of the most common fears about starting businesses relate to how “the economy” is doing. Most people see it as a big setback. If the economy is in a lull, many would be entrepreneurs assume that now must necessarily be the wrong time to get started. This belief is reinforced by nay-saying politicians and journalists who exaggerate even the very worst economic news.
An entrepreneur should see difficult economics time as an opportunity. The biggest fortunes were made during recessions. In prosperous times businesses pop up like lilies in the spring time, only to be brutally mowed down with the first signs of economic instability. See building a business in uncertain socioeconomic times as an opportunity to learn, to fine-tune the craft.

1.2 Uncertainty
Another fear that stops entrepreneurs from

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