What & How's to start a business
1. How much money do I really need to start a business?
Contrary to popular belief, starting a business doesn't require a massive investment. Many successful businesses have been launched with minimal upfront costs. For instance, my journey began with under $500, and I went on to earn hundreds of thousands of dollars. It's more about creativity and resourcefulness than a hefty budget.
2. Where should I begin if I'm new to this?
Starting something new can feel daunting, much like learning to tie your shoes for the first time. The key is to break down the process into manageable steps. Each small task builds towards the bigger goal. Our case studies and interviews, like Graham's story of earning $160,000 a month working just five hours a week, provide clear roadmaps to guide you through the initial stages.
3. What if I’m not an expert in my field?
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Expertise isn't a prerequisite for success. My own blog started before I had made any money from home; I shared the experiences of others who were successful. Being resourceful and learning from those who have achieved what you aspire to is often more valuable than being an expert yourself.
4. What if I fail?
Instead of worrying about failure, consider the potential for success. Embrace the possibility of achieving your goals and learning from setbacks. Failure is a stepping stone to success, as Thomas Edison demonstrated with his numerous attempts before inventing the light bulb. Adopting a mindset of persistence and learning will lead you to eventual success.
5. How can I manage if I need a regular paycheck while building my business?
It's crucial to maintain your current job until your new business can match or surpass your current income. I built my business while managing a full-time job, pregnancy, and a family. You don't have to abandon your job; instead, focus on growing your business on the side until it can replace your regular income.