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Posted by yilaiwl6879
 - January 27, 2011, 03:07:45 AM
e in place. The return on investment depends upon the nature of business. Initially the returns may be slow. Even after the investments have been made You are not allowed to view links. Register or Login, there should be enough cash left to sustain the family. There should be sufficient financial backing so that in case the business does not take off well or the profits are too slow and low You are not allowed to view links. Register or Login, the daily expenses are met. The difficult situations can be managed in case there is an alternate source of income. Also You are not allowed to view links. Register or Login, it increases the risk taking ability of the person. PassionAnother very significant element for the business to be successful is the passion. The person must be passionate about the line of business that he has chosen. The passion drives the person to achieve perfection. The person will start showing laxity towards his work if it is not of his liking. One must remember that in the own set up there is no body to show the stick and make us work. It is only and only passion which can get us going. Family supportFamily support is of prime importance when it comes to keeping the morale high. A new venture may see set backs, failures .It might even be successful. When the business is at a raw stage people seek psychological, financial support from their loved ones. The family should not make the person feel guilty in case theyilai:
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