I want to have my own business

Philippines
January 9, 2013 8:22pm CST
I've been thinking lately that after school, I really to want to have a boss. I want to have my own business/company. Great idea right? but the problem is, I don't know what business I should start. With limited resources and capital, I'm thinking about, coffee shop, bars, restaurant, and merchandising. I need help. What business can you think of?
3 people like this
11 responses
@ARIES1973 (11426)
• Legaspi, Philippines
10 Jan 13
Hi val! There are many things to consider if you want to start you own business. But basically, you should go with what you love doing. The place, the customers to be, the capitalization and lot more. If you can be able to make a plan, there are some lending institution where you could borrow fund to start with. Although this is not a very good idea. Still saving on your own before you start is the best thing to do. Food will never go out of fashion. Have a nice day!
1 person likes this
• Philippines
10 Jan 13
Hi! thanks for the response:) I have been thinking of business that is in line with the food industry but as a small scale business woman, I think food is not yet suitable for me because I'm thinking about the cons such as food is perishable which would mean loss for me.. Maybe in the future. Any other business you have in mind?
• China
10 Jan 13
I decide to do my own business when I am around 30.Now I am too young to begin with it.I still need to accumulate the experience,the fund and the connections.So if you want to do-it-yourself,you should think carefully about it.What kind of business you want to do?What is the budget?What about the scale?All the questions I give here are just for your reference and when you make your mind to do it,it should be a tough process to prepare well for it.Anyway,wish you success in the near future. Have a nice day.
1 person likes this
@rog0322 (2829)
• Cagayan De Oro, Philippines
10 Jan 13
Hi, You should consider the place where you are in. What is needed and what is in demand there is very crucial in starting out a business. If you want to go into competition, be sure to offer the best service at the lowest possible price without bankrupting yourself. I can't make suggestions, I am not into your place unless you go global, which can be very daunting at first glance. However, small steps do make a mile so go for it, just try to look around and see what is needed by everybody.
• Philippines
10 Jan 13
I'm thinking of a business that would cater unique services to the market. I wouldn't want competition especially that most businesses are already established. Unique and interesting to the market is what i'm going for.
1 person likes this
@natliegleb (5175)
• India
10 Jan 13
its just a matter of time and keep putting in your hardwork and perspiration and also make sure you have the desired resource to start it up
• United States
11 Jan 13
Good luck, find something that you love doing. Because, you will be doing it most of the time. If, one loves what they are doing. They are more willing to do it. I would start by just writing up a business plan. There are many web-site that have example one. Believe me, it will help you a lot. There are a lot of little thing people don't even think about.
• Philippines
10 Jan 13
Go for what you love and really like to do. Its always have a business that you yourself can appreciate
1 person likes this
@Bhebelen14 (5194)
• Philippines
10 Jan 13
Good to know that you already thinking about your future business now, that's a good sign of a good future. I think you should start in a small business which need a little capital yet has a good income you can start on networking business whose selling a good products and can able to get a good commission. Or you can also look for someone or relatives who wants to have a business line like you and be their partners in this case you do not need a big capital because of the partnership. Good luck
• Philippines
10 Jan 13
Thank you Belen. I was thinking about that but I thought twice because of the things I see in movies like when relatives owns the same business it doesn't work because they put first their family relationship which may happen in the real world. I would want some help from them but as partners? I really don't know about that..
@flagella08 (5065)
• Philippines
10 Jan 13
im thinking about it too but i found something better and productive. i have invested my funds from my savings in the bank to a reliable investment site online. just PM me if you're interested. im enjoying what i am reaping now.
• Philippines
10 Jan 13
really? okay. I'm gonna talk to you soon.. Thank you:)
@asliah (11137)
• Philippines
11 Feb 13
hi, i think that everybody wanted to have their own business because they can profit alone and you will be the boss all the time,but the most problem is no enough budget to open or to build an own business,i hope that this year i could push my dream to have my own business.
• Indonesia
29 Sep 15
Perhaps online business will suit for you. THere are so many business online that you can do without much resources and capital. YOu can start it by become re-seller of any product. Restaurant and merchandising is great business, but you have to prepare everything better
@ZoeJoy (1392)
• United States
10 Jan 13
What about non-perishable foods? I read through your replies and it sounds like you are leaning towards the food industry. It does need to be something unique and trendy. Umm... You could make healthy granola bars or breakfast on the go bars and sell them in coffee shops. That way, you won't need your own shop in the beginning. Also, you could get a website and sell through your website. It is a great idea to be your own boss and start your own business. If you keep this as your goal and stay focused, then you will get through all the obstacles. Here is an idea - 'Breakfast-on-the-go' bars with inspirational and motivational saying on the wrappers. Something that offers people energy and inspiration to start their day. Be positive. Think of the possibilities. Stay focused. And you will accomplish your goals and dreams. All the best to you.
• China
10 Jan 13
I alos want to have my own business, because that is free, now my problem is i have no money to start a business, if I have enough money to start a small company, I will do something related to trade.