Want to Be Self Employed? How to Choose The Perfect Business Idea

Do  yearn to be your own boss? If so, you’re not alone. I encounter at least one person daily who wants to start their own business.

Unfortunately, they have no idea what they want to do. business1

Many times, they’ll say one of the following:

  • I have no skills.
  • I’m not good at anything.
  • I don’t have any self-discipline.
  • I don’t know what I like.
  • I’m not smart enough to own a business.
  • I don’t have any money to get it started anyway.

I hear this all the time, and each one of these are incorrect. We ALL have a talent. We all are good at something, and not every business needs a lot of money to get started.

Too many of us disqualify ourselves. Instead of running the race, we don’t make it to the start line to even try. How can you win if you don’t lace up your sneakers? Everyone reading this is good at something. The key is tapping into that talent. Here are a few ways to find your new business idea. Take a sheet of paper and write down the following:

Have an idea. This is a crucial first step, but it’s also where people become discouraged. They either draw a blank or think their idea is too far-fetched to become real. Facebook was started in a college dorm.  Amazon and Apple Computers both started in a garage. No ideas are off limits.  All you have to do is come up with something.question-mark

What do you like to do? This does not mean what your parents want you to do, or what your bank account allows you to do. What do you like? Do you have any hobbies? Remove everyone and everything else from  the equation. This is all about you.

What are you good at? We ALL have a talent. Some people can write. Others can draw. Some have a knack for giving advice or being a good listener. Whatever it is, write it down.

Is it work or fun? The best businesses are those that people don’t consider as work. If it’s enjoyable, a person can spend hours doing it. Not because he has to, but because he wants to. This is very important. If it’s something you enjoy, you’ll want to get better at it (and will.)

Locate the missing pieces. As you look at your list, what do you wish you had to make it easier or more fun? Is there something that would make your experience better? Is there a small niche that you could possibly fill? How can you help others who share the same passions as you to make their experiences better?

Research. Thanks to the internet, there are many ways to find out about things you enjoy and have a passion for. Are there people currently generating income doing what you do for fun on the weekends or after work? If so, how?

Go behind the scenes.  If there are people already doing what you’re doing and getting paid, it’s time to do some digging: how did they get started? Are their groups or places where these people share ideas? if so, find them and get involved.

Start small. Rome wasn’t built in a day, and neither will your business be. No one is suggesting you quit your day job tomorrow. However, many successful businesses were started on a small part-time basis that grew into full time ventures. Have patience and enjoy the journey.

Learn everything you can. The most successful people are also the most astute. If you think you know everything already, you’ll never succeed. Become a student and read everything you can about that industry. Talk to those who are successful in your field and pick their brains. Stand out from the crowd and become the expert. People are willing to pay a premium to someone who knows what they are doing. Be thatwp-1484715097552.jpg expert!

We now live in a time where businesses of all types can be started and become successful. By using a little creative thinking, you too can turn your passion into your profession. Others have done it, why can’t you?

Need more info? Pick up a copy of my new book ReadiSet Go: A Simple Guide to Establish a Successful Small Business. Available in paperback and Kindle on Amazon. Click HERE and get your copy today!

As our society faces more job uncertainty thanks to layoffs and automation, starting your own business might be important than ever.

If you want to start a business, no one will do it for you. Tap into your talents and go for it. You might be pleasantly surprised at the results.

 

 

 

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