Welcome to UJAMAA Business Co-Ops, a place to connect with fellow UJAMAA members and grow.

Start networking and developing business relationships with fellow UJAMAA members towards a common goal of growing your business. Learn, develop, hire and ask questions about business. Sign-up »

Already a member?

Remember Me

Avatar of latik

latik

This user hasn't shared any biographical information


Thank you to all you for signing up to the network.  I would like to give a brief explanation of what this is all about on a broad scope.  If people want to make any contribution to the development of the network please let me know.

Networks are social structures made up of nodes of individuals, groups, or organizations that are consciously or unconsciously connected to one another by common interests or attributes. Network building is a process that fosters, cultivates, and develops these connections and relationships in order to maximize the potential for people to actualize a shared intention. The use of social media in network building dramatically increases the breadth and scale of networks, allowing for innovative and sometimes unpredictable outcomes to emerge.

Three types of social change networks have been identified: the connectivity (emergent) network which connects people to allow easy flow of and access to information and transactions; the alignment network which aligns people to develop and spread an identity and a collective value proposition; and the production (action) network which fosters joint action for specialized outcomes by aligned people.

We would like to focus on these three aspect of networking to build this network.  We encourage all you to please make this your home and lets build this network like it is our extended family.  Hopefully we can make it into something great all suggestions are welcome.  Thanks to all.


 

The leadership then was at least clear about where they stand.  Today we don’t have leaders that is clear about where they stand.  The lack of understanding of our culture has lead us into a position of inaction and lack of mobility.


Becoming your own boss is an attractive idea and many corporate people are taking the plunge in the direction of starting their own companies, could this be the way of the future US Economy?

 

Leave a good job to start a business? I did it. So can you.

November 29th, 2011

By: Alan Cleaver

Did you ever read a news article that reminded you so much of yourself, it was almost eerie? Well, that’s how I felt after reading this article on “Why Are Americans Leaving Good Jobs to Go Solo?”

Every single quote resonated with me. I felt like these people were living my life and speaking my thoughts. Get out of my head, Internet!

But seriously…this article makes several really important points about new trends in the U.S. job market that are pointing toward more people deciding to start a business.

  • According to the Kauffman Foundation, the number of new businesses in the U.S. is growing at the fastest rate in 15 years. This is good news on many levels – even though unemployment remains stubbornly high (9.1% nationally), every single new business is a potential bright spot and a potential source of new jobs.
  • Most people who decide to start a business are not doing it because they can’t find a job. “Lack of employment options” is a factor for only 4% of new businesses. What this means is that the kind of people who decide to start businesses are the kinds of people who have plenty of career options – skilled, educated, motivated, ambitious, well-connected professionals. If corporate America can’t keep them happy, these people are going to go out and create something for themselves. That’s what I did – I resigned from a good job at a Fortune 500 Company, with excellent benefits and a 401(k) match, and I don’t regret it for a second!
  • Most new business owners are “midnight CEOs” who start their companies while working at the day job. Just like we’ve written before about the “rise of the moonpreneurs,” if you want to start a business, often the best way is to start something on the side while you still have a full-time job (and income and benefits). Contrary to the popular image of entrepreneurs as a bunch of risk-taking cowboys, the truth is that most new business owners are prudent, pragmatic and careful about risk. They want to make sure the new business will succeed before they give notice at the day job. (I did this, too – I worked as a freelancer at night and on weekends for over a year before I finally pulled the plug on my corporate job. It was a great way to build up savings, make contacts and gain confidence in my new venture.)
  • Most small business owners don’t want to get big. Not everyone wants to be (or is cut out to be) the next Steve Jobs or the next Google. Most small business owners interviewed in the article said that they were happy to stay small. The article featured an interview with an attorney who left a big law firm to start his own solo practice. He said, “My goal is to hit a certain income level and stay there – to make the same as a corporate lawyer for less work.” I can totally relate to this. I’m a sole practitioner freelance writer, and I love having a payroll of one. Maybe someday I’ll want to form a larger team or even something approaching an “agency,” but for now I’m thrilled to just be doing my own thing, on my own terms, with my own clients.

Some economists argue that these types of small businesses are not really creating value for the overall economy – they’re not going to grow and create enough jobs. To these economists, I say: “Who cares?” What if 10 million Americans quit their hated corporate jobs in order to start successful solo businesses? What if all 10 million of those people went on to earn an average of $10,000 a year (after taxes and expenses) more than they used to make in the corporate world?

That would be an extra $100 billion of annual discretionary income getting pumped into the economy – not a bad little stimulus package – and presumably, an extra 10 million corporate jobs would be freed up for people who might enjoy them more than their previous occupants.

So if you want to quit your job to start a business, even if it’s never going to grow, by all means, go for it. Don’t worry about the naysayers – we don’t all have to aspire to be the next Google. Sometimes it’s enough to just carve out a way to earn a good living, while working on your own terms, leaving time to go jogging on a sunny Monday afternoon.


[easyrotator]erc_65_1349406132[/easyrotator]

 

testing