BE YOUR OWN BOSS

If you want to start a business but don't know where to start, don't worry--you are not alone. In fact, given the new economic reality of our time, more people than ever before have found the "job" they thought was waiting for them doesn't exist. Others have come to the conclusion that they would rather create work they love, constructed to fit with their own life goals. No matter what the motivation is to be your own boss, you can start today.Wouldn't it be great to be able to quit your job, be your own boss and earn a paycheck from the comfort of your own home? The good news is that with a little planning and some start up money, it is possible! Here we'll examine some important steps to follow when starting your own business.

How To Get Started

1 Take a Stand for Yourself.
If you are dissatisfied with your current circumstances, admit that no one can fix them except for you. It doesn't do any good to blame the economy, your boss, your spouse or your family. Change can only occur when you make a conscious decision to make it happen.

2 Identify the Right Business for You.
Give yourself permission to explore. Be willing to look at different facets of yourself (your personality, social styles, age) and listen to your intuition. We tend to ignore intuition even though deep down we often know the truth. Ask yourself "What gives me energy even when I'm tired?"
How do you know what business is "right" for you? There are three common approaches to entrepreneurship:
Do What You Know: Have you been laid off or want a change? Look at work you have done for others in the past and think about how you could package those skills and offer them as your own services or products.
Do What Others Do: Learn about other businesses that interest you. Once you have identified a business you like, emulate it.
Solve a Common Problem: Is there a gap in the market? Is there a service or product you would like to bring to market? (Note: This is the highest-risk of the three approaches.) If you choose to do this, make sure that you become a student and gain knowledge first before you spend any money.

Moving beyond the remit of identifying the best personnel and developing that potential to its fullest, our specialist Associates offer detailed analysis and evaluation of organisational systems and procedures to help maximise effective performance and mitigate inherent risks.

3 Niche It Down – Who is your Ideal Customer?

Before diving into the nuts and bolts, you need to precisely identify who your ideal customer is. Ask yourself this crucial question: who is the person that is actually going to buy from you? The clearer the picture you can get in your head of a representative target customer, the better everything else will flow – including product selection, marketing, and branding.
Before you spend money, find out if people will actually buy your products or services. This may be the most important thing you do. You can do this by validating your market. In other words, who, exactly, will buy your products or services other than your family or friends? (And don't say. "Everyone in America will want my product." Trust me--they won't.) What is the size of your target market? Who are your customers? Is your product or service relevant to their everyday life? Why do they need it?

4 Creating Your WebsiteI kind of mentioned this in step 1 but this is probably the most important aspect. A website is essentially the location of your website i.e. where people go to find you. Don’t be intimidated in any way by this because websites are free and easy to build these days.
Once you have your website you now have your business setup. In comparing it to a traditional business you now have your foundation. Your next job will be to build your website from the ground up with your helpful content which will lead to traffic.

5 Generate Traffic

Speaking of traffic this is step 3. Once you start consistently building out your website you will begin to receive some traffic. This traffic will be made up of the people who are interested in the help that you can offer them regarding a certain topic or issue.

6 Monetize Your ContentOnce you have a decent amount of traffic coming in you can now monetize this traffic also known as making money online. This can be done in a variety of ways such as running display ads, product recommendations etc. There are many ways to make money from your website and they will work for you as long as your content can help people.

Putting It All Together

All of the steps I’ve just outline are pretty much simple in nature but they are some technical aspects that go into running a successful business online. This is why I recommend the training provided at wealthy affiliate to get you started on the right path. You can actually get started with this training for free.