Many times I hear people asking for ideas for a business to start. My response is always the same. What do you want from your business? It’s not the idea that is going to make you wealthy or create your dream life. I’ve seen many of my friends invest in some incredible “ideas” that have a huge market and would be widely used. After hundreds of thousands of dollars and lots of bickering the business failed everyone lost out. So instead of looking for ideas for a business to start here are some time-tested ideas that will lead you to being a happy business owner. Now forget thinking about ideas for a business to start and start focusing on these 7 items.
Yes, it takes time to build, but once it is built, my business will continue to pay me a residual income, no matter what I do, because I am leveraging the efforts of my network that I have built, to create a continuous income stream for me. I don’t have to be there 70 or 80 hours a week. After all, isn’t that what it means to “own your own business”?
It is true that to start a business need good preparations. According to Robert Spiegel, author of The Shoestring Entrepreneur’s Guide to the Best Home-Based Businesses, prepare a business is like sharpen a pencil. Your business activities are not only about how sharp your pencil, but how you use the sharp pencil for your business success.
The very general rule is that you will be able to recognize a portion of your home expenses as office rent in your business. The first step is to calculate the total costs associated with your home. This should include the mortgage interest, rent, the condo fees, the home insurance, the utilities, property tax and maintenance costs. Once you have these numbers, you calculate the total amount of space used in the house for the business. This amount in then divided by the total space available in the house. The ending result is the percentage of home expenses that can be claimed as office rent. For most of the businesses we deal with, the percentage amount is usually 10 to 15%.
Your Business plan must include a way to be remarkable. Every We want to hear from you has the ability to do this. Don’t be lazy or make excuses- put work and plenty of forethought into this. After all, practically anyone can open a business or offer a service but you must go one step further. You need to go the extra mile and put in the extra effort. Don’t put in 100 percent effort but 200 percent. Find your niche and then take the initiative to be you but a you that is different from everyone else. You can sell the same products as 50 other businesses but you will have the hook that draws customers in.
The fact is that you don’t have to be perfect at these things, but if you realize early on what you need to improve on or who you need to hire to help you, then you will save a lot of nerves and perhaps money and time. Being in business for yourself is not easy. But owning a business of your own is still a big part of the American Dream after all. And you should definitely be honest with yourself and follow your heart.
To get your greeting cards into stores you will need to do a great deal of cold calling and legwork. Design a portfolio of your cards, a price list of costs and contact the buyer for each store. Small stores may be the way to start and then when you go to larger established or national chains you can show them the success that you have had in other stores.
Of course this is only Step 1 to starting a new business online. But if you are serious about starting a business then this should be your most important step!