Well have you been itchy nowadays about starting your new business. Has it been a long many years since you have been working for other people and I guess this is the time to start working for yourself.
Now being an entrepreneur is not an easy task. Exactly how do you go about it?
I have been reading around quite a lot nowadays …mostly through the net. I have been trying to find out some very stupid ideas of doing a business and this is one article which I loved.
Here’s the link :
No doubt a few of them would stay with you for a long time. But hey ..they have been tried out and the innovation angle is now lost. You can utmost roll them out in some different form. It isn’t bad, if you can work it out in some other form.
Next I was trying to find some great business ideas that didnt do that good at the ‘box-office’. Here’s a link
So if you are trying to think up in terms of facebook or myspace.. I guess the time has run out. It can only be innovated to suit something else.
SO why not first look inside and first list down the different avenues on which you are good at.
Here’s a list though a not-an-exhaustive one:
Sales/marketing
Manufacturing/procurement
Logistics
Planning
After Sales-Service
Advertising
Accounting
Administration
Management
Execution
Technology
These can together constitute the very basic functions of most businesses. So the first thing one should do is to list down the activities that one is good at. Remember the activities stated earlier and try to understand your strengths or weaknesses in each of those listed. Grade yourself and award points :
a) novice >> 1 pt
b) intermediate >> 2 pt and
c) expert>> 3 pt.
After you have completed the chart and rounded off your points, check the total. If the total of your points stands between 16 and 21, then you stand a good chance of starting your own business. Below 14 would basically mean that you need to pick up knowledge or experience in some of these activities.
Or otherwise, you need to find other organizations/agents who would help you plug in your weaknesses in those activities. An example can e an accountant or a freelance salesman. It may also mean that you would need to team up with someone who has some positive qualities In the ones you lack. That would make for a great combination.


There are no responses yet