Write down the potential business ideas. Then research them step by step and decide whether starting this or that business is viable. Don't go in for instant hits, which are only temporary and will soon fade. Avoid also markets which are already saturated.
Once you have chosen the idea, select a trial period, setting an exact day six months or a year from now. On that day, you will analyse how your business is doing. This way you will have a clear date when you need to assess how things are going.
Focus on your purpose
When you have started the business you want, determine if it is aligned with your purpose. Do you feel comfortable with it? Can you imagine doing the same thing if times become tough? If there is a lack of alignment between the business and your purpose, research the other potential business ideas. Don’t worry: finding the right business is a long process. It can take months or even years. If you focus only on making money, you risk being more prone simply to giving it up when circumstances change, warns the addicted2success.com website.
Is your business viable?
Of course, you need to have some level of certainty that customers will buy your service. So you need to test if there will be a demand for your product. Create a website, run ads – but keep expenditure low. Within six months you will know if your product is wanted. Remember: you don’t have to make it perfect. After six months you will know if you are able to continue successfully.
If your first business doesn’t turn out to be a success, don’t give up. There are many entrepreneurs who failed at first but later succeeded.
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