Sometimes
people are cut out to be business owners. Not all of them actually try
it. Some of them are scared a business will fail or not make enough
money at first to get them through until it becomes a success. Some do
try, but they fail because their ideas were copycats or were poorly
thought out. Many unique opportunities exist for business owners.
Things You'll Need
- List of your skills and interests
- Friends, family or other people to poll
Instructions
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Catalog Skills
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1
Make a list of things you already know how to do.
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2
Go to the library and look at books on those skills.
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3
Look for your hobbies that could become businesses.
Do a Survey
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4
Ask friends, family and neighbors what businesses they wish existed and which businesses they wished had competition so they could have better selection, knowledge or prices.
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5
Let them know you are thinking about starting a business and ask them to help you come up with ideas.
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6
Look on bulletin boards at stores and businesses to see what other people are doing for extra money. These could be cultivated into businesses.
Brainstorm
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7
Think about things you would like to learn more about. You could learn a new skill and turn it into a business.
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8
Write down anything you can think of doing.
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9
Visit the library again. This time, check out books on home-based businesses and business ideas.
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10
Check out books on saving money and any books on topics you already like. There could be ways to turn those topics into businesses.
Tips & Warnings
- Be sure to research competition and demand before you start your business. Make a business plan to find out whether or not it would be a profitable idea.
- After you have found an idea, put your personality into it to make it truly unique.
- Use skills you already have or could work with easily.
- Whenever possible, turn something you already do into a business. You will spend less time trying to figure it out and more time making money.
- Don't fall for "get rich quick" schemes. If it sounds too good to be true, it probably is. A lot of these are illegal, and some will even steal your money.
- Don't start a
business that requires a lot of overhead. Businesses rarely do well for
the first few years. Instead, start out in a smaller store or office
with a smaller overhead.
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