| "how not to fail" Don't do this to yourself. You cannot guarantee immediate success when starting out especially when you have no prior experience running a business. The first thing to keep in mind is that failures don't matter as most likely you will fail at a few things anyway. The important thing is to learn from failures and keep moving forward. This is not a motivational speech but the facts of business. So if you keep a defensive attitude, you will be disappointed. Mindset is hard to change but you need to work on it. Don't think about failures but only look at how you can keep working towards your goal of a business. Not my quote but for every 3 pointer that Michael Jordan scored, he missed 100s others which no one will remember. So it is ok to fail but use the failure as another step towards success if you believe and work towards it. Ok now some more practical advice :) - Learn to Sell. If you cannot learn how to sell, you cannot run a business. Forget about everything else. To learn how to sell, learn how to listen to people's problems and issues and see if you have a solution for that. Start with anyone you know. Selling is not just making money but convincing someone. - Do you really want to quit your job or can you start this on the side ? I personally would favor going all in but only when you are ready to an extent. Are you really ready for going cold turkey ? Perhaps not yet. Can you start on the side ? - So you have a few ideas. Ok that is a start. But ideas need execution. And to execute, you need to identify your target market/customers. It may take a lot of trial and error to understand your specific target market. You need to start looking into validating the idea by starting small and executing the hell of out it. - Start with a niche. Very focussed. If you try to sell to everyone, you will sell to no one (and no, amazon did not start that way. it took years before they become the amazon of today). - Are you willing to risk it all at some point ? Are you scared of failing ? If yes, you may want to reconsider being in business. I hope this helps you. |