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How to Decide What Kind of Business to Start

 
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HCChris

posts: 8

Feb 23, 2012 1:48 PM ET    Quote  Report Abuse
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These are some great thoughts.

The one thing I would change is that step 7 should be much earlier, or rather through out the whole process.

I also wouldn't just read about business and entrepreneurship, just read intelligent material on a variety of subjects. You may recognize opportunities that you would never have seen otherwise. However, that said, it's important to do something that you are passionate about.

Honestly, the advice about reading doesn't just go to aspiring entrepreneurs, it goes to everyone. Want to to be a more creative problem solver and strategic thinker? Read!

I was recently inspired by an article about building bridges. You never know what will help you with a problem.



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Chris Bennett - Chief Operating Officer - Hyperion Code - A developer of productivity improving software
printisnotdead

posts: 47

Mar 05, 2012 1:03 AM ET    Quote  Report Abuse
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I absolutely love reading the comments on here, everyone has such wonderful insight! I agree with many of you, I feel like one of the most important things to remember when starting a business is ensure it’s something you love doing. Something that you’re okay staying up all night and working on and something you see yourself being just as passionate about several years down the road as you are about it right now.



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katie27

posts: 10

Mar 19, 2012 12:32 AM ET    Quote  Report Abuse
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It's what all depends on the person's interest and the funds with him, because every business requires capital or investment to go along. It's always considered to make out a good plan of what all the things are necessary and required before stepping into some business.

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lilyjin99

posts: 9

Mar 21, 2012 8:46 PM ET    Quote  Report Abuse
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That’s a very informative post! Keep sharing.



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tomlarry4

posts: 3

Mar 27, 2012 4:13 AM ET    Quote  Report Abuse
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It all depends on your skills and interest that what kind of business you want to start. You can analysis the market for knowing which business can make your profit according to your interest......



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Sell my business
nicole1

posts: 1

Mar 28, 2012 1:06 AM ET    Quote  Report Abuse
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It is indeed important to consider your interests when it comes to starting a business, It will make the experience more remarkable and you will learn to love what you do. This will somehow lead to business growth and success.



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frameless shower doors
jewelrybiz

posts: 9

Mar 29, 2012 2:15 AM ET    Quote  Report Abuse
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I don't know,I just want to start my business in china,but what should I do there?



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wholesale fashion jewelry and Starting Business in China
AshleyWhite

posts: 113

Mar 29, 2012 8:20 AM ET    Quote  Report Abuse
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There are lots of things that you can sell :) Useful stuff



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RegalSpri

posts: 6

Mar 30, 2012 12:59 AM ET    Quote  Report Abuse
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First decide what type of person you are. Are you super analytical and anal, charismatic and a dreamer, stern and to the point, etc... In my opinion, this will help you determine whether or not to go into business for yourself. If you determine that you need a partner, that opens up the flood gate for potential opportunities because more heads are better than 1!



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A Graphic Design Paradise for Small Businesses!: Logos, Business Cards, Web Pages, Stationery, Flyers, and more!
GTOptions

posts: 74

May 22, 2012 12:47 AM ET    Quote  Report Abuse
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The first and foremost thing is your likes and interest regarding the business, if it goes against your interest you would not be able to cope up because you won't be able to put that much effort in it.

 

Private Banking | Forex Options



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