FAQ: What Business Should I Start?
Essentially, you need to figure out which business will provide you with a purpose. So many people are quick to jump into business to leave their 9-5 job, but end up dreading the business they're running because it turns out to be more work than their original 9-5. You have to realize that running a business is not as glorious as people make it out to be. This is why it is important that even when you are not making money, the business still fuels you in other ways (purpose).
Write down a list of all the businesses you would like to start.
Write down the different ways you would make money from each business.
Write down what it would look like in a day of running the business.
Would you like to do this every single day?
Would this make you happy?
Will this fuel your energy?
How much money can you make from each business?
How fast will you be able to scale each business?
Will each business allow you to live the work from anywhere lifestyle (if that is something you're aiming for)?
What is the lifestyle you want to have?
Which business can help you get there?
^ These are just a few questions to answer to help you decide which venture to pursue. Alternatively, when deciding which business to start, look into the supply and demand in your community. What product or service is in HIGH DEMAND? Do you find that a tax service business is in DEMAND amongst your community? Is a home cleaning business in demand? Keep in mind that the business you start does not have to be a full-time gig. You can start and run a business as a side hustle for extra income if that is your business objective. 🤗
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