HOW TO CHOOSE WHICH BUSINESS IDEA TO START WITH

Well hello there!

I trust your week has gone well so far. Today, I am continuing this series on starting your own business. First, here is why the topic includes ‘start with’. I strongly believe in multiple streams of income, especially now that my eyes have opened. I encourage all women to have more income sources especially if they are in full time employment. 

However, I also believe in the power of focus when starting a new venture. Hence, I advise my coaching clients to start with one idea first, grow it into a self-sustaining business before moving on to the next. For instance, I started with hampers. Did you know I had a business called The Pink Shop? :) Then I added corporate training through Corporate Training Solutions. After a year, I started The Fabulous Woman Network. The Pink Shop is the only business I have stopped, or perhaps put on hold. The others are still active and I keep exploring new ideas under both.

Note: I had no idea of what I was doing. Errmm actually, that may still be applicable. However, in hindsight, starting one business at a time was definitely a good idea. 

Question 1: are you my hypothetical friend who has a gazillion great business ideas? I am like you too. As I type this, the following are a few of the ideas I have

• Dance studio
• Housekeeping agency
• Catering business
• Carpentry
• AirBnB
• Teaching English online, etc

I am not into any of these although for some of them, I get requests and pass them on to others. 

Question 2: are you stuck in trying to decide which one to start with? Well, let me answer with a question as apparently that is what Africans do haha! What is your low hanging fruit? Your low hanging fruit is:...Click to read the rest https://www.amaduncan.com/how-to-choose-which-business-idea-to-start-with/