How do you start the idea process? “MY OWN BUSINESS”

Many people believe starting a business is a mysterious process. They know they want to start a business, but they don’t know the first steps to take. . . . . .
Understand that business startup isn’t rocket science. It isn’t easy to begin a business, but it’s not as complicated or as scary as many people think, either. It’s a step-by-step, common-sense procedure.

First step: Figure out what you want to do. Once you have the idea, talk to people to find out what they think. Ask “Would you buy and/or use this, and how much would you pay?” Determining what you want to do is only the first step. You’ve still got a lot of homework to do, a lot of research in front of you. One of the most common warnings you’ll hear is about the risk. Everyone will tell you it’s risky to start your own business. Sure, starting a business is risky, but what in life isn’t?

One of the best ways to determine whether your idea will succeed in your community is to talk to people you know. If it’s a business idea, talk to co-workers and colleagues. Run personal ideas by your family or neighbors. Don’t be afraid of people stealing your idea. Just discuss the general concept; you don’t need to spill all the details.

Hopefully by now, the process of determining what business is right for you has at least been somewhat demystified. Understand that many people around you won’t encourage you (some will even discourage you) to pursue your dream. Some will tell you they have your best interests at heart; they just want you to see the reality of the situation. Some will envy your courage; others will resent you for having the guts to actually do something. You can’t allow these kinds of people to talk you out of starting your business or influence you to stop your journey before it even begins.

What will you lose if things don’t work out? Don’t risk what you can’t afford. Don’t risk your home, your family or your health. Ask yourself “If this doesn’t work, will I be worse off than I am now?” If all you have to lose is some time, energy and money, then the risk is likely worth it. Van Nuys Offices

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