I want to do this!

Start my own business

submitted
3 items in album:
  • Sparkle16
    Sparkle16 Doing 1 cheers 2017-08-17 22:40:39

    initially my business idea was a traditional brick and mortar marketing business where i also took commision on sales. i have wanted to do this for many years but never have. i have decided today i wont be doing this anymore as the risks involved are too high. the capital needed is vast and there are alot of components to the business that i still dont think i even understand and that could go wrong. and i just dont want to do it any more. ive always loved the idea though but it also means slow growth and no freedom to travel the world.

    so i have decided to go back into the online world where the opportunites and possibilites are endless and the risk is so much less.

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  • Sparkle16
    Sparkle16 Doing 1 cheers 2017-08-16 22:41:14

    would like to clear all my debt before investing money into my business idea. luckily its not a big debt

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  • ikpeme
    ikpeme Doing 0 cheers 2017-08-13 16:46:16

    I want to start a business but I don't know what type of business I can do.. Any guidance on how to start?

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    • morningsun
      morningsun 0 cheers 2017-08-16 11:38:29

      @ikpeme I would think it's important to first know what kind of business you want to start. In the beginning it can be a lot of work so I personally believe you need to do something you will keep doing even when it's tough.... So what are your interests and what are you able to do...? Do you need to learn more (read a book, youtube, school....?) How much money do you have as a start? Do you need to raise money or take a loan? Do you need space at home and/or do you need a webpage? Can you do it alone or do you need to get help from friends or hire people?

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  • chandran
    chandran 0 cheers 2017-08-12 05:02:20

    Please tell me what kind of bussines can be done?

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  • scottadlhoch
    scottadlhoch 0 cheers 2017-08-05 04:49:15

    What kind of business, you want to start.

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  • Sparkle16
    Sparkle16 Doing 3 cheers 2017-07-26 20:17:07

    i know exactly what i want to do, been wanting to do it for years but put it off due to lack of resources, finances, knowledge and confidence. but i am still determined to do it. alot of people have talent but no motivation. alot of people have motivation but not enough talent or knowhow. but they find a way to make it happen. figure it out, be resourceful. get help from family, friends, trusted advisors and learn as much as possible. there is no failure in trying. the only failure is when u give up. i wont give up on this dream of mine. i can make it happen despite my fears. feel the fear and go for it as long as i have planned and prepared as much as i can and sought the advice of others. also figure out the financial side of things. i want this so bad.

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  • Inspire
    Inspire 2 cheers 2017-07-13 18:43:15

    Yes -where to start?

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    • scooterbird
      scooterbird Doing 0 cheers 2017-07-26 17:09:54

      @Inspire I'd recommend first getting in touch with an accountant or a lawyer - they can suggest the best way to set up your business so you don't incur taxes or liability.

      At the same time, if there are others in the business who won't be your competitors (say, in a different city), contact them and ask them what things that they did.

      Both of those are things I'm doing now.

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  • WingedThing
    WingedThing Doing 2 cheers 2017-07-13 11:24:51

    I have dreams every night that I'm running my own business...

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  • chrisoconnell
    chrisoconnell Done 0 cheers 2017-07-12 18:16:04

    I've done this!


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  • scooterbird
    scooterbird Doing 1 cheers 2017-07-10 04:49:56

    Okay...two other company owners have agreed to talk to me over coffee sometime. Going to discuss best practices and operations...still in the discovery phase of this. There is time to back out.

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