Find a bailiwick...Retail, Design, Accounting, Construction Law, Healthcare...then find a service you do better than everyone else. The options are everywhere. You must pick one thing, then go about being the best at it.
2007-07-11 08:58:55
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answer #1
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answered by Helena Handbasket 3
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The first thing to do would be to decide what kind of business you want to start. Then develop a very solid business plan. Most of the companies that fail, fail because they either don't have a good plan, or don't have enough financing.
You might consider working in the field you want your business to be in, for a few years, to learn the real world and its pitfalls before you start your own business.
2007-07-11 09:05:15
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answer #2
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answered by Judy 7
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You may like to consider internet business as the investment cost is much more lower.
There are a lot of internet business models you could consider of (e.g. buying and selling domain names, affiliate marketing, auctions, selling digital or physical products, creating paid newsletter or websites and many more).
With a proper system setup and correct web marketing strategies, you could start to earn some passive income.
Find out more from the link below. It will tell you how to setup a successful online business step by step regardless of your experience and background. It will also tell you what are the reason behind each step, how you could go about doing it and where you could get the necessary resources free or at a low price.
Hope that it will be helpful to you.
2007-07-11 15:18:24
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answer #3
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answered by Anonymous
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First, write a business plan. I presume you are in college. It's an outline of everything you have to do. From Selling, how you will pay for your business and liabilities. Good luck
2007-07-11 08:59:18
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answer #4
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answered by Anonymous
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When you start your business the biggest problems comes in surviving the initial months or years till the time you have ahuge financial backing. Doing online business is something which you can do to start up as that way you tend to be globally connected plus the initial investment is also low.
You can start by going ecommerce depending on whether you want to sell a product or service. In case of a product you can sell on amazon or ebay plus you can have your own FREE online shop or store by going to http://www.theexpomart.com
If you do not have any products to sell they are many wholesalers on the internet from where you can buy or negotiate that you will buy when you sell.
The best way to remain in the long run is to cut the cost gain from your experience and then venture out in a big way.
2007-07-12 03:03:22
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answer #5
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answered by fashion Guru 2
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You should do some research, and check out www.chanceofalifetimeinterview.com it might not be of your taste, but it might be one of the best things you'll ever stumble across. I own my own business now and LOVE it, you woulden't believe the tax write offs, I can write off a trip to jamaica! The founders have thought of Everything, more than you or I could ever think of - Every obstical, pitfall, loophole, downfall - Every set back and came up with ingeniousness. Check it out you might be glad you did.
2007-07-11 09:27:18
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answer #6
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answered by Anonymous
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Have you ever thought about a "Restaurant Delivery Service" ? Its an off-set to what Domino's has started. Dont you wish you cashed in on Domino's when they started there pizza, pizza delivery.
Arent you tired of pizza, pizza being delivered all the time ? Dont you wish you could receive restaurant meals delivered to your door ?
Dine-In Delivery Inc. is a low cost restaurant meal delivery franchise. Deliver meals from nationally name restaurants to homes, hotels, and offices.
If you're interested contact me and I'll send you the information.. bjgonzales77@yahoo.com
2007-07-11 19:54:19
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answer #7
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answered by Gonzo 2
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all the necessary info that you need will be at your local library.
God bless you and your family.
Saint Bernard Breeder in Indiana since 1977.
2007-07-11 09:06:09
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answer #8
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answered by Indiana Colts Fan 3
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You're right. Most start-up companies do fail within the first five years. I'm a network marketer. My father has been combining internet and network marketing techniques for the past 12 years with wild success, and we work with an organization of extraordinarily successful people. Needless to say, I've grown up around self employment. It's all I've ever wanted to do as well. I'm not here to pitch you, so I'll only mention what I do in passing. - I am currently part of an extraordinarily rare and exciting opportunity to people looking to start their own business. I market a product that is to the nutrition industry what Microsoft was to the computer industry 25 years ago, and we're having a lot of fun running our own businesses.
There are two things you must look for that are the greatest factors in determining your success. First and foremost, find something that interests and excites you. Excitement breeds passion. Passion leads to success. People who are passionate about the things that they do are willing and able to go the extra mile to secure success for themselves. Secondly, you need to learn how to spot an opportunity. When you start your own business, you're going to be pitched to by EVERYBODY and their brother. You need to know *what* to look for to recognize a good opportunity when it is presented to you. Businesses that are successful today were made successful because they were built upon an opportunity. Something that gave them an edge over all the others. Namely, look for opportunities in growth. - The growth of your company is the key indicator.
Really analyzing a company should really be similar to the way an investment analyst would look at various companies in terms of investing in their stock. However, in your case, you’re not looking at income protection. – You’ve got to grow an income! So any stock that’s just piddling along at 5% a year, you’re never going to grow an income with.
When you want to make money by investing in stocks, you don't invest in Microsoft or Coca Cola. Why? These are both extraordinarily successful companies that are doing very well. - But they are no longer experiencing growth. They're safe, reliable investments if you want to protect your money, and they'll give you a modest amount of growth. But you will never grow a huge nest egg. If however, you could've invested money in Microsoft 25 years ago, when the company was experiencing rapid growth, you'd be a multimillionaire today.
Take a company that’s growing 5% a year. In order to double your income you’d have to work 20 times better than the average distributor for a year, or work for 20 years. - Just to double your income! The truth is, most of us aren’t 20 times better than average. I know I’m not! Because average is just that, the majority. So the trick is getting involved in a company where the majority have successful, continually growing businesses.
Now keep in mind most of my information pertains to network marketing and marketing companies. I love to help people. I know that the information, the knowledge, the opportunity that me and my organization have is better than *anything* you'll find elsewhere. I'd love to help you more. I'd like to send you an email, we're here to help anyone interested in starting up a business. Could I get your email address?
God bless,
Grace
http://www.gofor-goji-juice.com/goji-atlanta.html
2007-07-11 11:11:48
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answer #9
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answered by thebestberry 1
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