Thursday, March 6, 2008

Im a 15 yr old boy and have decided that I want to start a business what should I do and where should I start? -

I have alot of ppl who are interested in working for me in order to make some money, but what should I do in order to make some good money so that I can not only pay my employees well, but by having more employees, will on my own make a lot of money. What are some ideas to help me get started as I m in a bit of a hole.Any help would be much appreciated :)

You re going at it BACKWARDS. You first identify a NEED that you can fulfill, then you form a business to fulfill that need. If all you have in mind is make some money , you don t have a business. You just have greed . ---Kasey C, PC guru since Apple II daysWhere there s a will... I want to be in it.

I admire your motivation at such a young age. The first step is to understand that you can t go into business with the goal of paying your employees well. You must first think of what is best for you, what you like doing and what you re good at and the rest will follow if you do the proper research. It depends on so many things and the only way to learn is to start small. My advice is to start with a very small business first with no employees just to get your feet wet and then you can be more prepared to move into other things when you are ready. For example, a dog walking business or cutting lawns. Another way to get your feet wet is to volunteer at a place where you can learn how a particular business operates. I m assuming that you don t have a work permit yet at your age but when you do, work for a business that you would be interested in having one day. Preferably one where the owner will be nice enough to show you the ropes and the business has a reputable history. Good luck and I wish you well!

wow, for one, i admire you for having the interest at such a young age!first,assess what kind of business would you be happy with..does it have something to do with crafts, food, service, et cetera. second, how much are you investing in it?third, where will you put it up? make an inventory or a rough study as to what your community needs. who are your probable consumers? know what they want. can you provide it for them?in our place, there are many small restaurants being opened and closed in just a few months.. though food is a need, probably the enterpreneurs overlooked the fact that not all may be willing to spend on first class service, et cetera..i think those are the basic things..besides loading up on stuff from business mags and books.good luck!im interested in small business myself. ;-)

Why everybody is asking this kind of questions - money is one of the least crucial aspects of your life

Excellent!!! I can share ideas with you whenever you have a chance on the chat, so let me know.Jose T QuirozMy Natural Diamonds Intmynaturaldiamonds@yahoo.com

>>>

 

Home Posts RSS Comments RSS