If we are talking about the best business to start why would I go into a Yoda like phrase of “Start Within”.
Well, there are a couple of reasons why but let's focus our force… Okay… I'll cut the Yoda talk.
Best Business To Start – Increase Your Personal Value
Regardless of the business most successful ones are run by highly motivated people who have succeeded in their past life
experiences. Be it from real estate to stock trader the person driving the ship, the captain, normally has some special skills they have developed over time that allows them to be successful.
Of course you will have the ones that have no skill set except have a ton of money but that in itself has it's own particular traits. Being an investor takes a lot skills that most people don't have like for one… Balls.
If your new to working for yourself and you have always had someone “boss you around” and your looking for an outlet I would highly recommend before you start looking for that best business to start to go ahead and start to invest in yourself.
You need to figure out what makes you tick. Having passion for a business goes a long way. Sure it's not necessary but most businesses fail because of the lack of cash flow but if you have a passion for your industry you will stick in for the long run.
The only other way around build a business where you don't have a passion for it is if it's sustainable. So that it can grow and eventually take on a life of it's own while being for the most part cash positive.
Best Business To Start – Mindset Shift
Most of us who have come from an 8-5 type job have been condition to work for 2 weeks or say 4 months then get paid one time. This is the delayed gratification window we have learned to except. Put in your couple weeks of company time by trading your time for their money and you will get paid.
This works for the large portion of the population. But not for the Entreprenuer.
Working for yourself has many pros but then again there are some cons.
1) Just because you put in your time as a home business owner doesn't mean your getting paid.
2) There is no one else to blame but yourself for your own failures in business.
Because of the 2 points above, there are more, one should figure out that the common denominator is that YOU are the center of your business.
Best Business To Start – Start Your Own Engines
So before running out there trying to fix your sinking financial ship by plugging it with paper money why not invest in your self and learn what makes a home business run for you.
1) Staying cash positive
2) Having resources for advertising
3) Mentally tough enough to go through the hard down cycles
I teach home business owners how to run a home based business by learning how to get funding. It's hard enough to build a business but it makes it worse if your putting in your own money. Playing the waiting game for your business to grow can't be fun.
The fire that burns most businesses down is the inability to pay for the common business expenses AND the advertising costs. So then what do most do? Most will cut their advertising cost and hope their business sells itself.
You will want to future proof your business. Learn to mentally condition yourself to NOT FAIL. I know hard to say but growing that thick skin and attitude of never failing will take you a very long way.
Throw in the ingredients of knowing how to advertise will then get you to where you need to go.
I would highly recommend if you are building a business online and want to do it correctly to graduate from my 7 day Internet Lead Generation Bootcamp. It touches on mindset and business advertising.