Start my own business

China
December 25, 2009 1:51am CST
I have been working as employer for two years. Now I want to start my own business. Anyone who can share some ideas and experience with me? I have been trying to work out an idea but It seems very difficult for me.
1 person likes this
11 responses
26 Dec 09
Congratulations ! I am also very interested to start my own business. I am planning to start a online business as soon as possible time i can. Can you share your experience about any online business that is possible to start alone. Thanks to all.
1 person likes this
• China
28 Dec 09
I want to start my own business too. I have specialed in appreal and present. And I export our productions to other countries. I think if you will start yourself own business and need some experience, you can be online to talk to me. I will try my best to help anyone in business.
• Philippines
26 Dec 09
In starting your own business you must first find your niche. You must know your target market. Analyze your business' strengths, weaknesses, opportunities and threats. You must do research and benchmark your business with other firms selling the same products/services within the vicinity. Lastly, you're business must revolve around your comparative advantages and strengths. If you're products has the lowest price, then you're promotion must center affordability. Hope that helps,
1 person likes this
@CJscott (4184)
• Canada
25 Dec 09
http://www.fortunenow.com/public/images/areyouwalkingbrochure.pdf Read that and get back to me. It is for the Network Marketing Industry, the options are endless, the income is limitless, if you are willing to put in the work. But, read that, then tell me what you think. Cheers.
1 person likes this
@warvial (1154)
• Singapore
25 Dec 09
I think it would be good for you to share with us what kind of business you had in mind and how you would like your business process to be. For eg, 1. platform: a physical shop or a small company or an online shop or? 2. manpower: only you or with a partner or you will be hiring someone to help you with your business or? 3. customer base: a selected range of people or anyone or? 4. type of business: selling of products or services or manpower? 5. resources: eg, capital, extra fundings, bank loan, equipment required etc It would be good if you can think through the above.
@vandana7 (57186)
• India
25 Dec 09
Hi alexfeile, only you can decide which business would be most appropriate for you, considering your qualifications, knowledge, surroundings, financial requirements, and sources of finance. Any guidance from us can come only after this. :)
@drakesuyat (1064)
• Philippines
25 Dec 09
when i was 22years old and working as an encoder im really jealous on my employer during that time coz at the age of 30, he already owns a company and earning very high! that experience made me set a goal that at the age of 30, il have my own business. mindset somehow helped that at exactly 30 years old, i have my own internet shop which i use as an office as well for my pc sales and service. patience is the key. first in saving money to come up with the initial investment and second in waiting for the return of investment. during that time, i invested around $6000 and my first month gross income: $4! second month $9. and on the third month with the help of word of mouth from our first customers, my gross income: $1000. from that time on, i never had any gross income lower than $2000 a month! i almost sell my computers on the 2nd month alone but ive decided to give it at least 6mos before i go to next plan but fortunately, it booms!
1 person likes this
• Philippines
25 Dec 09
I was once an employee before but I realized that I wasn't meant to work for that job. So, I have decided to have my own business wherein I don't need to compromise myself in following the rules and regulations of that company. I was not really happy there. Now, I believe that my private online English teaching is really cool for me. I am the boss of my own job. Aside from that, I also stood up my own little store. In your case, you should follow what your heart desires. if you are not happy with your job anymore, then quit. There's no point staying on something which you are not happy with. Just try and see for yourself if it really fits you. I am sure it will become successful too.
• Thailand
25 Dec 09
Well, two years is yeah considered a little bit too inexperienced yet to start your own business in my opinion. Though you can try though but of course, do your research in anything you wish to start on. If you think it won't make it then take your time. Maybe you need time to truely access yourself on what you are good at and then start up. Of course you have to be willing to take all the risks of starting your personal business but I trust it will be worth it.
1 person likes this
@OYGAK2005 (371)
• Saudi Arabia
25 Dec 09
hi...alexfeile ...congratulation in started your own bussiness it is really a big step in you life and also a nice begining...i have no experiences about this side but i believe there many people wwil give you valuable advices...good luck with your bussiness....
1 person likes this
• United States
25 Dec 09
I guess it really depends. What type of business are you planning on? I know that home based businesses are the easiest in terms of starting up because other traditional businesses cost a lot of money just to open. I actually know some people who own businesses, both traditional and home based. It really depends on the type of business you want to open. Please give us more details on what you are planning on doing so we can help you out more =]
1 person likes this
• Philippines
26 Dec 09
What is your idea anyway? How can it be difficult? Tell us your idea and from there I'll give you my ideas also. But I'll give you something to think about: sole proprietorship is definitely hard because all the works will be done by yourself. But it is much more flexible because you can get help, financial help that is, from anyone. Unlike when you are in a partnership or a corporation, you need to seek approval from the other owners which you can decide if you are a sole proprietor.