Which business should I start ?
June 13, 2011 8:18am CST
I have a decent job which pays me much more than I would have liked and certainly more than I deserve for the work I do. However as days go by, it becomes less and less challenging. Also growth opportunities are very few. So I have decided to start my business sooner than later. At least it will give me some thrill. I am sick of the boring routine I follow. But I have failed twice at business before and this time starting afresh seems more difficult than ever before. But I have a sincere belief that through hard work and patience anything can be achieved. I have been highly successful in everything that I have done. So there is no reason for me to be unsuccessful at this. Now comes the main question. What business do I start? I know this is a foolish question and everyone here will tell me to start something that I know of. But belive me, to gain knowledge about something is easy. I want something that is unique, something not thought of before. Something which will give me a headstart over potential future competition. If only I knew what that is.....
• United States
16 Jun 11
If you want to do something that wasn't thought of already, then it's up to you to figure it out. but the best advice I can give is to stay up to date with the news. Whatever is current will be important to business because business is about helping people to get by in their life, to make things easier or enjoyable for others. You can also get new ideas and inspiration from current events, so it is always helpful to listen to everything around you.
14 Jun 11
It is better if you buy some websites which runs on autopilot and in case you succeed, then u may buy more. I have quit my job and thats what i am planning to do. But being an Indian it is quite difficult for me to buy sites becoz we cannot send money abroad easily. But still i am determined to give a try becoz in my opinion nothing like online business. Its highly profitable.
13 Jun 11
You have failed in business twice. You are in a decent job. Suggestion - continue with the job. Study extra degree if possible. Do business that may not involve more investment -- like house brokerage, insurance etc. Tell me ur date of birth, time of birth and place of birth. Let me see astrologically whether this time is good time for starting a business.
14 Jun 11
To be honest, on both occasions, it was entirely my fault. On the first occassion, I was too young to realise that I was taking steps to increase the business manifold, when the footing itself was not strong. On the second occassion a natural disaster eroded a substantial amount of investment in the form of floods and unluckily my goods were not insured. So I consider it tragic. But if Abraham Lincoln can afford to fail till he was 52 years, I am not even close to that. So there is always scope. As regards to my date of birth, it is 29th June 1976 and the time is 11:05 am. I was born in Mumbai.
15 Jan 13
If you have only a small amount of budget, you can start online business. There are many online business that can generate you income. But if you have huge amount budget, why don't you hire smart people in business and discuss everything about any business you would like to start. I am sure they will give you ideas and strategies. Try to learn how to start a new business. The business should not be unique, but the success of a new business is depending on your strategic management and marketing. It seems that your main problem in starting a new business is competition. For no competition business, you need to be hard to think to find a new business. But, to start any ordinary business you need to compete other similar businesses. So, you need to learn the strategy in competition to win your business. A successful business need not only hard working, but the right strategy.