Bill Bartmann Lecture Series – Part 2 – Bill Bartmann asks, Is Business Ownership Right for You?

How do you really know if being in business is right for you? How can you be sure that people will be willing to pay for your product or services?

Tulsa, OK - Bill Bartmann continues his lecture series by asking his students if they are right for business ownership and if business ownership is right for them. Bill Bartmann said, "There are many things to consider if you are thinking of going into business for yourself."

There are several basic questions that people considering entrepreneurship need to ask themselves. Bill Bartmann wrote the following questions on the board:

Is there a need for your product; is there a customer base?

Are consumers ready for you; do they share your passion?

Do you have enough money?

Are you ready to assume some risk?

Are you confident in yourself and your idea?

Have you done the research?

The students were instructed to answer the questions, thoughtfully. After allowing some time for them to consider the questions and their answers, Bill Bartmann said, "Think about how much money you will need to have saved and how much you will need to borrow. Will you borrow from friends or family? Will you go into a partnership? Or, will you attempt to obtain business lines of credit?"

Bill Bartmann also advised his students to seek the support of those around them. "Remember, as you succeed, others will succeed with you; if your business fails, you will take people down with you. It is important that everyone involved or affected by your business be considered," Bartmann explained.

This part of the lecture series was concluded as Bill Bartmann made his final comments, "Do lots of research; educate yourself; find out more about what you don't know. You will learn that there are a lot of things that you are not even aware that you don't know. There will be things you haven't thought of to learn about. What you don't know that you don't know can be most crucial to your success in starting a new business."

Bill Bartmann is the creator of the Billionaire Business Systems is an online course that takes entrepreneurs through building successful businesses, from getting started to expanding a business, even in tough economic times. Visit http://www.billionaireu.com to sign up for the course.