Help Tips On How To Start My Own Business On The Internet


Help Tips On How To Start My Own Business On The Internet
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Help Tips On How To Start My Own Business On The Internet
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This Post Has Been Viewed 1705 Times Since Mon Jul 16, 2007 7:25 pm Posted By pacoman with 1 replies
Help Tips On How To Start My Own Business On The Internet
do you any any tips i can use to startup my own business.

i have some idea, but i want to see if you can give me any free advice.

thanks.

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Comments and replies About Help Tips On How To Start My Own Business On The Internet






:: 1 :: #11182 - Reply By entrepenur On Mon Jul 16, 2007 7:26 pm
there are mine, the make sense:

1. Find something you really love to do.

"Most people are burned out on the corporate world by the time they reach age 55," says start-up coach Jeff Williams of Bizstarters in Arlington Heights, Ill. "So, you really need to find something you're passionate about."

Consider taking an assessment test such as the Myers-Briggs Type Indicator, which is available at most community college career outreach centers. Howard Stone of coaching firm 2young2retire advises clients to start their searches while still in their first careers.

"Start asking yourself, 'What would be an ideal next stage of my life?' It could be something that's a hobby now, or a dream from your 20s."

2. Be sure there's a market need.

Finding your passion is great -- but you'll need customers. One place to start: your former employer. As corporations downsize and outsource work, you could sign on as a vendor of products or services.

3. Assess your skills.

You may think you're heading off into completely unfamiliar territory. But if you've learned to sell, develop a sales pipeline and serve customers in your corporate career, those skills will transfer well to your new entrepreneurial pursuits. Experience in marketing, finance, operations and business development is valuable, too.

4. Assemble a team.

You'll probably be working solo for a while ... but that doesn't mean you have go it alone. Find yourself a good bookkeeper, a graphic designer and a copywriter to help with sales and marketing materials. Most important, Williams says, is finding a mentor. "A more experienced business owner is critical," Williams declares. "Even if they don't know your business. Have lunch every couple months and just chat about how things are going."

5. Be realistic about money.

Many small enterprises can be started up today for a few thousand dollars, thanks to the Internet and inexpensive technologies that enable working from home. The bigger challenge is keeping your monthly overhead under control while revenue develops -- and until you know how large the business can grow.

"Don't open an office -- open a UPS store mailbox," counsels Mary Furlong, a serial entrepreneur and author of the new book "Turning Silver into Gold: How to Profit in the New Boomer Marketplace."

It's also important to make sure you have enough money to live on while the business develops -- at least six months' worth, Jeff Williams says.