|
Awarded by American Institute of Small Business
Why work for turkeys when you are an eagle? How can you soar like an eagle when you hang around with eagles? Don't scratch for worms in the earth like chickens when you are meant to soar into the blue skies and rule it.
If you have been harboring your dreams of owning your own business, you can realize it now. You can build a SOHO business, in 27 days, with low capital by participating in a proven business system franchised from American Institute of Small Business (AISB).
Why be a Sohopreneur?
At last, you can be your own boss, with no one over looking your shoulders all time. Finally, you can do all the things you think is best for you. As a Sohopreneur, you can be financially independent, build multiple streams of income, have a high self esteem and maximize your talents and resources.
The Rich versus The Poor
Statistics showed that by the age of 65, only 1% of the population are rich, 4% are financially independent, 5% are still be working, 36% are dead and the remainder, 54%, are either broke or dependent. Depending on a single income source as an employee is a risky business. When you work for someone, you are either be replaced, displaced or misplaced. Your company can be downsized, right-sized or worse, capsized.
You have a choice whether you want to be an employee for the rest of your life or take control of your future, be your own boss. Many believe there is no choice. Actually, there is a choice. However, they are afraid to make that choice. Some people are chasing their entrepreneurial dreams, some are living out their dreams now while the rest have no more dreams. Most people have the herd instinct. They follow the majority – be work for others. That is why the majority are either poor or middle class. They know what the rich do but they do not do what the rich do.
You too can be an sohopreneur if we make two basic assumptions: (1) You can find some money as a low start-up capital and (2) You have a burning entrepreneurial desire.
New Business Survival
If you venture into a new business, can it survive? According to the US Small Business Administration (SBA), 50% of small businesses failed in its first year of operation. 95% failed in the first five years of operation. Many also lost their homes and life savings.
Why do new businesses fail? According to SBA, the key reasons are (1) lack of experience and (2) lack of training. American Institute of Small Business (AISB) believes strongly that current training programs available in the market do not meet the needs of business owners today.
Sohopreneurial Qualities
Do you have the qualities required of an sohopreneur? The intrinsic characteristics of an sohopreneur are: (1) You love to make money (2) You have bigger dreams than others (3) You are success oriented (4) You work harder than most people (5) You are better at something than most people (6) You take risks differently from others (7) You are proud (8) You respond to challenges in a positive way (9) You learn from your mistakes and (10) You have high level of integrity.
According to Center for Entrepreneurial Management , successful sohopreneurs possess the following characteristics: (1) One or both parents are self-employed (2) They have been fired before (3) They are in business at a young age (4) They are usually the oldest in the family (5) The majority of them are married (6) Most of them have bachelor degrees (7) They are very sociable i.e. high EQ (8) They are well organized and (9) They are highly competitive.
A Sohopreneur is a person who will work 16 hours a day to avoid working for someone 8 hours a day. The mindset of an employee is how not to lose (how to maintain your job) whereas a Sohopreneur's mindset is always how to win. Sohopreneurs do different things and they do things differently. They love challenges. You too can be a Sohopreneur.
Sohopreneurial Driving Forces
Why do people want to become Sohopreneurs? The main driving forces are (1) To get rich (2) To prepare for retirement (3) To supplement income (4) To use business as tax shelters (5) To occupy their spare time (to pursue their hobbies) and (6) To further a common cause for their family.
Other Sohopreneurs have personal reasons for building their own business. Among the personal agenda are (1) They want to prove or increase their self worth (2) They want to escape working for someone (3) They want to have flexible working hours and (4) They want to stop taking orders from turkeys.
Why Business Fail?
Why do businesses fail? According to studies conducted by AISB, the main reasons are (1) Lack of training (2) Lack of experience (3) The business is in a sunset industry (4) Owners do not understand customers' needs (5) They do not know their product (6) Poor management (7) Insufficient capital and (8) They expanded too fast.
How do Sohopreneurs ensure they are successful in their SOHO businesses? The criteria are 5D's – Desire, Diligence, Details, Discipline and Determination. What challenges do Sohopreneurs face? (1) Unpredictable income. There are either feast or famine (2) There is a risk of losing money (3) They work long hours (4) They work very hard (5) They have to adopt a different lifestyle (6) Stress levels are very high and (7) There is more responsibility to shoulder.
Many complained they have no time to attend courses or start their business. “No time” type of people are only employees with one job. Those who can find time, “Got time” people, are Sohopreneurs who own multiple businesses.
AISB Diploma
The American Institute of Small Business (AISB) had for many years researched into a system where you can build a business in just 27 days. You can learn and apply American business technologies in a eight-week experiential format. In the interactive workshop, you will model American businesses which started with low capital and grew into MNCs. You will also learn how American businesspersons who started from garages, kitchen tables, attics, dormitories and small rented offices and became multi-millionaires. At the end of eight-week AISB program, you too can build a SOHO business.
How do you start a business? There are four ways: (1) If you are born lucky, you inherit your family's business (2) Buy a franchise (3) Buy an existing business and (4) Build your own SOHO business.
What kind of business do you choose? Where do you source for business opportunity? AISB has a work plan for you to determine at the workshop.
Training Methodology
How do AISB train you? We apply androgogy (adult learning) and employ a variety of methods. In workshops, we use lecturettes (mini-lectures) and screen videos (e.g. How to build your own business, How to sell, How to speak). We also use local business as illustrations. You will be shown a video on Singapore award-winning businesses. There will be numeral case studies using American and local businesses. You will “thoughts shower” in a group setting and present your case. Team games are played as learning gems. The final module is a business project where the group will present to the whole class.
AISB Manuals
You will be given two priceless thick cover AISB Manuals “How to Set Up a Small Business” and a local copy of Sohopreneur Business Qwik Guide.
What is in AISB Manual Volume 1 ? The chapters cover: How to start a home office, How to franchise a business, How to form a company, Difference between copyrights, trademarks and patents, Legal contracts, How to find a lawyer, How to market research before you build a business, How to locate your business, How to forecast sales, Where to find money and How to keep your accounts.
What is in AISB Manual Volume 2 ? The chapters cover: How to advertise successfully, How to create PR free-of-charge, How to set up an impressive website, How to market through the internet, How to buy insurance, How to manage your staff, Small business tax, How to develop a business plan, How to purchase and How to draft effective policies.
SOHO Businesses
Industrious examples of American businesses who started soholly are: Larry Page and Sergey Bin started Google in a Stanford University dormitory, Bill Hewlett and Dave Packard who started HP in a Palo Atlo garage, Ben and Jerry who started their ice-cream business in an abandoned gas station, Mrs Fields who started baking cookies in her kitchen, Michael Dell who started Dell computers in his dormitory room, Mark Kay who started peddling her cosmetics at home parties and Hugh Hefner who invented Playboy in a small rented room with just a typewriter and a bottle of Coke.
Graduate Benefits
What benefits do AISB graduates get? You will get to join the HardKnockers Netwebbing group where you develop yourself further through talks and meeting others. You will also received success coaching via telephone, SMS, email or face-to-face coaching. If you participate in our future courses like Diploma in Training, NLP or Stress Management Consultancy Certifications, you will receive loyalty discount.
Additional video screening includes “How to buy a business” and “How to sell a business”. You will also learn 101 business you can build and 101 ways to promote yourself.
In addition, you will be entitled to attend a one-day NLP workshop: Sparrows into Eagles - The NLP Persuasion Technology.
Investment
The AISB Diploma in Entrepreneurship Sohopreneur program is conducted over an eight-week period. Lessons are held one day or its equivalent per week for eight weeks. There will be a graduation dinner. The normal investment is S$2888. Early bird discount for available at our previews. Please call our office. Apart from the graduation dinner, there will be no additional cost. All manuals, materials, tools and the AISB Diploma will be furnished.
We salute your sohopreneurial spirit. We look forward to meet you in our intensive Diploma in Entrepreneurship Sohopreneur program.
|
