We are living in an exciting time. There are so many opportunities, that there’s simply no more excuses for not starting a business. You don’t need much money, much time, much experience. All you need is the motivation to start. Your first venture will probably not succeed, but that’s really fine. Get the fear of failure out of your head and just start it. There’s not much risk in a small first time business. Here’s some tips to get started:

1. Don’t over-think it. You don’t need a written business plan, or every detail of how you’ll do it worked out. You’ll figure it out as you go, and that’s OK these days.

2. Don’t spend any money to start it. It’s actually very easy to start a business with less than $1,000. So many services are free or almost free. Before you pay for something, ask yourself how you could do it without money.

3. Get some partners. Figure out what you aren’t good at and partner up with some people who are. It doesn’t matter if you only end up with 20% of the company. It’s your first go. It more about learning and getting the ball rolling than making money on this one. You’ll also learn from your partners, which has immense value in itself.

4. Start now. Not next month.

Categories: Uncategorized ~ Trackback