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How do you actually start a business?

I'm interested in being a business man as one of my career choices. but...How do you set it up? How do you get it started? What do you do first? What do you focus on specifically?

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Micheal’s Answer

Hello fellow Floridian. So everything Rebecca said is good advice. I would reiterate competition and also add demand. I'm not sure what you're looking at starting but the best advice is know your market, competition, and cost. I would also say have a good competitive advantage, offer them something unique and needed that others don't. For example, you start a cleaning company that charges a subscription fee instead of fee for service. Certain amount of cleans per month with tiers to the things you offer like a silver, gold, and platinum package. Then also you can say all your cleaners are background checked, and even say they will wear body worn cameras for added safety. If your in someone's home it protects you from liability and adds trust as well as a fairly simple niche. Hope this helps.
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Rebecca’s Answer

Thank you for your question. I am glad to hear you would like to become an entrepreneur. Have you thought about what business you would like to start the business?
Below are my suggestions :
1. Think about what industry you have interest or you have strength
2. Do some analysis on the industry, e.g. entry criteria, competition status, any alternative or substitute, etc.
3. Attend some courses relevant to the industry and management course.
4. Work in the industry some time to understand operating model and establish people network
5. Start the business online first if possible
Hope this helps! Good Luck!
May Almighty God bless you!
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