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10 Questions to find a business idea that is a perfect fit for you
Written by: Alvah ParkerArticle Overview: So you want to start a business but you are sure what kind. Here are 10 questions to ask yourself so that you can narrow your focus and identify the right business for you.
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10 Questions to find a business idea that is a perfect fit for you
1.What are your values? What are you committed to? What must you do in order for you to be you? What do you do that you have endless energy (passion) for? If all your life, you have loved to explore and you remember exploring even when you were 6 or 7 years old, then that is a value for you.
2. What are your strengths? What do you do well and really enjoy doing? What can you do so well that you do it almost perfectly every time you do it. Use the book Now Discover Your Strengths with its online strength assessment written by Marcus Buckingham and Donald O. Clifton.
3.What is your behavioral style? How do you behave under stress? What is your natural style? It is easiest to work using your natural style. Adapting takes energy. Find your behavioral style by taking the 15 minute assessment at .
4. What are your interests? What are your hobbies? What do you read? What do you do in your spare time?
5. What are your talents? What have you developed in yourself just naturally that sets you apart from others?
6. What are your skills? What are you good at that you enjoy and could develop more. Find lists of skills in books such as The Three Boxes of Life and What Color is Your Parachute?.
7. What businesses do you see that interest you? Do some market research to acquaint yourself with the variety of possible businesses. Interview business owners to find out what they do and how they do it.
8. What ideas do you have right now? (Sit quietly with your answers for 1 through 7 and see if something jumps out at you. This should be done in an open, relaxed state. Leave lots of time so you won’t feel pressured. If nothing comes up for you, leave it and come back to it at another time.)
9.Do you need your business to support you totally or are you looking for supplemental income? What is your target in dollars (or your currency)?
10. Will this business idea produce the revenue you need? Will this business idea allow you to lead the life you want to lead?
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Related Forum Posts
Re: Contact Information
- Another idea would be to have an email form in place to accept "ticketed" inquires (if people are afraid of spammers seeing their email address). However, I hate how some sites try to persuade you out of sending an email by bombarding you with lists of "Frequently Asked Questions & Answers" as I find they're rarely helpful.
Re: Helping a Grade 5/6 student make money fast
- Mowing, doing simple yard work tasks, etc. are all good ways for this age group to earn money. The thing I've noticed with kids is that they're more computer savvy than when I was that age. So, moving to a more technical side of making money might be a good idea.
Yard work and the like is definitely the easiest way to start. If their parents allow them to use their equipment, then the only cost is gas, which can be paid for by the money coming in. If they do a good job, then they should be able to find more clients simply by word-of-mouth.
Selling stuff on eBay is a possibility. I wouldn't role out starting a blog. Granted, their writing won't be perfect, but a lot of adults' writing isn't the greatest either. As long as they can get the general idea across, then I see nothing wrong with it. And, if they're just being themselves and letting people know who they are, as they should, then I would think people would be very understanding about their writing skills. I wouldn't expect a 5/6 grader's writing to be perfect, and what they have to say might still be useful and helpful for someone.
No matter what direction they take, having the support of their parents is critical. There's the obvious financial aspect, but they also need to be encouraged as well. There's nothing better for a kid that age than to hear words of encouragement from their parents and to be supported with whatever they want to do.
Re: Best Banks for Small Businesses?
- I agree that it's best to check around. When starting a new business, I think it's best to find one that has no fee business checking.
It's a good idea to establish a relationship with your local banker. They often times determine whether or not you get a business loan. Shop around for the best rates. Don't be afraid to move your business to another bank if you find the fees growing or if you find it's not business friendly.
Business idea validation
- Hi fellow starters,
I'm currently looking for business idea validation from starters (i.e. entrepreneurs) specifically. My business idea is about helping people find professional help such as accountants, lawyers, bookkeepers, etc faster and easier.
1. How do you find your accountant, lawyer?
2. Do you go online searching for these professionals and call them for initial screening?
Thank you in advance for your feedback.
Jed
Re: Twitter List and Hash Tags?
- This is a perfect example of hash tags. Thanks a ton.
Sometime, I need to have enough patience to get the perfect thing.
Robert
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