One of the hardest things about starting a business is coming up with a business idea. Sometimes ideas are plentiful they just aren’t rational. You see other business people and you wonder how do they do it? How did they come up with that idea and how are they so successful at it. These business people seem to be as ordinary as we are but yet they have a business and we don’t.
Coming up with an idea is not so easy. You don’t want to start a business that is in direct competition with established businesses unless you can offer potential customers something more. If there is a shortage in the industry that already has established business, if there is more demand for the businesses than the businesses can supply your likelihood of succeeding is good if you can offer comparable goods and services.
If you have a skill that you can offer as a service, a service that is in demand you could have a low cost starting point for your own business. If you want to go into a completely different direction than what you are skilled at then it starts with questions and never giving up on the idea of having your own business. Thinking daily about what type of business to start will help you find the answers you need to determine what type of business you want.
Questions you may want to ask yourself: Do I want employees? If you don’t want to manage employees or you only want to manage 1 or 2 employees this helps to define the type of business you want. Do you want to interact face to face with customers daily? Do you want to work in retail? Do you want to travel? Do you want to sit at a desk or move around? Do you want to work from home or have a physical business location? Do you want to buy inventory and resell it? Do you want to build something? How do you want to spend your working hours? Do you want to work mornings, afternoons, evenings, weekends, holidays, seasonally, 5, 6, 7 days a week? Quality questions require quality answers.
Defining what you want will help you determine what type of business you don’t want and either way you will have a starting point. So start asking questions.