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I'm looking for some advice from people who have set up a business or have knowledge of setting up a business. How do you find an idea for a business? Is it an easy thing to do? Do you have to be creative to be an entrepeneur? I know that a few tips are to research, but what do you research and where? Any help will be great.

2006-12-12 02:28:59 · 11 answers · asked by likeablindman 1 in Business & Finance Small Business

11 answers

This is a more "general" approach to your question, but I think it has some merit.

Consider the demographics of our country... We are a population that is rapidly aging, so the number of over-60 people living in the U.S. will increase dramatically over the next 30-40 years, at least. SO... That said, start thinking in terms of what product or services you can offer to senior citizens. What will they need? How can you make their lives easier, more enjoyable, etc?

2006-12-12 02:32:13 · answer #1 · answered by Anonymous · 0 0

I have started several businesses from home and as for ideas, I just always stayed ahead of market trends. I made excellent money at some, but when the trends changed, I had to as well. I always kept an eye on the baby boomers, because they are your largest market and have the most disposable income. But I wanted something that was beneficial to everyone, so I wouldn't be limiting my market, even though the boomers are the best market.
I chose the one I am in now because it is a product that the boomers are all over because they are looking for health and anti-aging, and this is really working for them. I also chose this one because of the integrity of the owners and their constant improvements to really help us market this product.
They charge $35 US to get you up and running, you purchase one case of product and get a free website as well as all the tools you need to show you the way. It's a real team effort and their training and mentoring are second to none. The compensation plan beats any other in the industry with bonuses that I have never seen with any other company, so you start earning an income right away and when people see results, they get excited and work harder.
I have found this to be the best business I have ever worked.

2006-12-12 16:18:39 · answer #2 · answered by Anonymous · 0 1

Well, I'm not quite sure what your interest is in, but my husband started out 10 yrs. ago working with a sub- contractor doing fences. When this friend had passed my husband could not give up doing the work. He became a sub- contractor for himself. He works under another company, but as he did more and more fences his name came notice instead of the companies name. My husband then got business insurance and hired a couple of people to help him do jobs for the fencing company that gave him jobs. His name was getting even more popular. Homes that he put up fences for did not recommend the company that recommended him instead. He started putting out business cards with a company name for himself. We run the bussiness in our own home at this moment. Actually we will probably always do this since it is a fencing business. The only other thing we had to learn about was how to do our taxes. Which wasn't very hard at all. Like I said I'm not exactly sure what kind of business you are interested in, but here is one tip you may want to go by!!!

2006-12-12 10:54:31 · answer #3 · answered by no.#1 Mom 4 · 1 0

Generally you can get some great guidelines and info from Small Business Bureau and Chamber of Commerce. First you need to decide what your strengths and interest are. Then decide if there is a market or need in your area or if it can be developed on-line to reach out further. Develop a business plan and mission statement. You'll also need to figure out how much start up is going to cost and factor in enough to be able to pay bills and marketing during start up and lean times. It is critical you do not try to go day to day. It could take up to 3 years to get going, perhaps longer.

2006-12-12 10:39:53 · answer #4 · answered by father of 4 husband of 1 3 · 1 0

I have an online/offline retail business. We sell hundreds of products and also have many well-know partner stores including Barnes and Noble, Sony Music, Office Max, Eddie Bauer and more.

My website is:

www.jewel.mychoices.biz

Check it out and if you are interested in a franchise we can discuss it further. There is a link on the top of the page you can use to contact me or you may send me an email if you prefer.

All the best.

2006-12-12 12:24:46 · answer #5 · answered by Anonymous · 0 1

A cell phone car alarm installation service business.
Perfect for those cars without an On Star system.

2006-12-12 10:38:46 · answer #6 · answered by Double O 6 · 0 0

hi! , i can supply u branded clothes , if u hv good links in sydney or where ever u r in australia. that includes BRANDED (t shirts, sleeveless tshirts, briefs etc) companies are (nike ,rbk,addidas,etc)
good luck

2006-12-12 21:46:26 · answer #7 · answered by pickypankaj 1 · 0 0

Start selling stuff !

2006-12-12 10:31:05 · answer #8 · answered by cry baby gator 4 · 0 0

Ebay, also http://www.mylot.com/?ref=Iamh4b1t

2006-12-12 11:09:10 · answer #9 · answered by Anonymous · 1 1

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