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Anonymous
I'm currently in my early thirties and working full-time, but I find myself increasingly drawn to starting a side business that I can eventually rely on. What are some initial steps I can take to embark on this journey?
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Hey there, that's awesome that you're looking to start a side business! Here are some friendly tips on where to start:
Evaluate your skills and passions: Think about what you're good at and what you enjoy doing. Starting a side business that aligns with your skills and passions can be a great way to stay motivated and make it feel less like work.
Research your market: Look into your potential customer base and see if there's a demand for your product or service. Check out your competition and see what they're doing well and where there might be room for you to differentiate yourself.
Make a plan: Develop a business plan that outlines your goals, target market, marketing strategy, budget, and timeline. This will help you stay organized and focused as you move forward.
Set up your business: Decide on a business name, register your business, and obtain any necessary licenses or permits.
Create a website and social media presence: Establish an online presence by creating a website and social media accounts to promote your business and reach potential customers.
Start small and stay focused: Don't try to do too much too soon. Start with a small offering and gradually expand as you gain traction. Stay focused on your goals and don't get too distracted by shiny new ideas.
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Billy
13 Apr 2023
Development & Acquisitions Manager at Real Estate Private Equity
1) Identify what you want to do
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2) Ask around to see if your intended target market is keen to p...
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Hi, I think you can first conduct a comprehensive review of your current finances and also to brainstorm how and what your business would be depending on your skills and interest. You could read more with this article! Hope it helps!