What? Start a Business Now?

Posted on November 25, 2009

 Phoenix landscape Welcome to dasmah’s new website!  Paul, Judy, and I are very excited about the versitility this new site will provide for us as your accounting firm.  We hope that you will check us out more often!  We promise to have fresh, new content to keep you posted on the latest news whether it’s business, taxes, or just great ideas to help you become more successful. 

We’d also like to give HUGE THANKS to Blue Helm-  they have been the driving force behind this project. We recommend Brad Rowberry, Chad Mustard, and Emory Cook to any of you that are looking for a fresh look for your business website or if you want to understand how using social networking can be used to build and grow your business.  Check them out, they always have innovative,  new ideas!

I’ve recently been drawn to a magazine called Success.  I have absolutely loved the ideas, help hints, and inspiring stories that  keep business owners or just regular folks focused on what’s really important.  I learned by reading Success that “more than 40 percent of Americans that were surveyed considered starting a business since the economic downturn, and 75 percent [of those surveyed] believe new entrepreneurs will do the most to revive the economy.” However, only 44 percent of those 75 did something about it.

But then guess what happened to that 44?  Thirty-seven percent became overwhelmed with the fear of failure and stopped moving forward with their business plans. That means that only 7 percent of entrepreneurs actually find success.  So what’s holding these dreamers back to making it a reality?  I believe it is a feeling of being overwhelmed with all the logisitics a new business is faced with, “even more than the fear of failing” says Success

Here’s where dasmah can help.  We’ve helped many of our clients turn their dream into a reality by pointing them in the right direction, doing a little hand holding with organization, and taking the stress out of  their accounting woes.  They in turn have been able to concentrate on what they do best; and so far, so good with each of them. 

If you are one of that 44 percent, believe in yourself to make the next step.  Here’s a great place to start: check out SBA.gov/smallbusinessplanner, then give us a call!

For additional inspiration, I recommend an article by Michael Arndt I recently came across in BusinessWeek telling about some of America’s most promising start-ups.  BusinessWeek will be ”adding more profiles on a regular basis” so they suggest checking back often. Their goal is to “showcase promising companies before they become household names”.  For me, this was fascinating to see that American ingenuity is alive and well and if you think about it, we are in the perfect storm in our economy to get started in some of the home businesses available.

Here are some additional personal finance sites to check out. 

Mint.com helps people pay off credit card debt, create a personal budget, and understand investing and save for retirement.

Geezeo.com helps you create a budget and suggests ways to improve spending habits.

By: Rachel Larsen – dasmah Productions, Inc.

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