KAZEY JOURNAL

7/16/2005

Starting a Business the easy way

Filed under: entreprenuership, Business — kayode muyibi @ 6:59 pm

I am a regular reader of Dane Carlson’s Business Opportunities Blog and today, my attention was caught by one specific topic titled “Get Into Motion“. The first thing that struck my mind was, “This is what people need to know”. Starting a business does not require a huge business plan, or even a huge ammount of capital to begin with.

And here is a quote of the post based on the actual content that was from Mashal Brains Blog. This was in response to a reader of his blog, stating his problem which was his inability to deal with the fears/motivations of starting a business.

Well his response is worth reading, and here it goes…........

Start small. Do something very simple in the business sense to get some positive momentum going. How simple? I might go down to a local flea market that has a lot of people flowing through on a Saturday, spend $10 of $50 or whatever it costs to rent a space, and try selling something. Anything. Go buy bananas and bottles of water at a local wholesale club and try selling them at the flea market. Sell hot wheel cars that you buy at Wal-Mart. Sell motor oil. It doesn’t really matter at the start, and it is quite likely that your first idea will not work. Spend a day walking around and see what other people are selling if you have no idea what to sell.



One of two things may happen: 1) No one buys anything, or 2) Some people actually do buy things. In either case, try playing with your prices and see what happens. Try selling different products. Try giving away certificates with the hot wheel cars and instructions with the motor oil. Just have fun with it and learn from it.



What you have done is profound: You have just started a business. Try to make it successful in the sense that, after all your expenses, you make a profit and you get paid for your time. Work at it over a couple of months. See what happens.



Now that you have started one business, try to take the lessons you have learned and start one that is a little more complicated. And just keep moving up the scale.



[If you have kids, I would suggest that you let them try a flea market business now, while they are young. They will be ahead of the game when they get older.]

{For Futher Reading}

1 Comment »

  1. Simple business sense. Problem with most people is, they won’t start if they can’t start big. So they never do anything.

    Comment by Yomi — 7/19/2005 @ 3:23 pm

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