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Home» Entrepreneurial Advice » I want to start a business, but I don’t know what type of business to start…

I want to start a business, but I don’t know what type of business to start…

Posted by danfurman - January 18, 2010 - Entrepreneurial Advice, Success
4

I get asked about this all the time – people want to start a business, but they don’t know what type of business to start.

Here’s what I would do… in the next six months, make it a goal to make some money. Not start an official business, but just make some money. In other words, figure out how you can make some money doing/selling/offering something.

It doesn’t have to be a lot of money or anything profound, either – it can be setting up a table at the local flea market or doing computer repair on Saturdays. Use your talents, use your imagination; but go make a few bucks some way, some how.

Then, once you do that, try and make some more money. Maybe change directions. Maybe improve on what you did. Maybe do something different. Whatever. But go make some more.

And go where that leads you.

4 comments on “I want to start a business, but I don’t know what type of business to start…”

  1. Avatar Sharon says:
    January 19, 2010 at 11:34 am

    What an interesting approach. I think it’s a good way to go about it. Have you ever done any sort of coaching or consulting with that kind of process?

  2. Avatar Dan Furman says:
    January 20, 2010 at 8:10 pm

    Hi Sharon,

    Usually people at this stage don’t need any kind of consulting or coaching – they’re way too small and just getting started. More of what they need is a push 🙂

    I do know several entrepreneurs that I worked with who started this way (including myself really.) A good example is a guy I know very well who started by just making extra money selling jewelry out of a suitcase – 15 years later, he owns a jewelry store with seven-figure annual sales.

    I’ve always been a fan of “doing” over “planning”. I mean, a little planning is ok, but people tend to overplan. Hard to argue with making a few bucks at a flea market to start one on their way 🙂

    Dan

  3. Avatar ENOS says:
    May 7, 2012 at 10:19 am

    Hi Dan i really like your aproach,think i should start something small and see how it goes,just to give it a try.Your really have helped me thanks so much.

    Thanks

    Enos

  4. Avatar TIRO says:
    March 30, 2016 at 5:50 am

    thanks I will start something

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