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How to start my own business ?

How do I start my own business?

business entrepreneurship
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Anthony’s Answer

Hello,
Please, note the following, regarding how to start your own business :-
1. Identify the type of business.
2. How much interest you have in the business.
3. The amount of capital needed.
4. Much knowledge, concerning the business.
5. Favourable marketing conditions.
6. Favourable government policies.

Best regards.
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Rebecca’s Answer

Hi Nikki, thank you for your question. I am glad to hear that you would like to be an entrepreneur. Have you thought about what industry you would like to start your business?
Below are my suggestions:
1. Think about the industry you have interest or you have strength
2. Analyze the industry, e.g. the entry criteria, competition status, any substitute or alternate?
3. Study industry relevant courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Establish the business online if possible
Hope this helps! Good Luck!
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Katherine’s Answer

A helpful book to read is Dave Ramsey's EntreLeadership.

And a helpful workbook to go through and see how it applies to you is here: https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng
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