Post # 1
I am currently a teacher at a preschool. I love the children, and love teaching but I have (for a while now) been thinking about becoming my own boss. I am DYING to try to open up my own business…
Problem is I have no idea of what…I have thought about everything: Photography company (I have some photography background) but worried I wont make money. I thought about baking cupcakes and sweets (my hobby)..Thought about becoming a wedding centerpiece floral arranger, but again, worried about not making money with all the competition thats out there…
Even thought about opening up my own small daycare…anyone have any ideas or tips?
Post # 4
i think a daycare is a good idea, or hosting kids birthday parties or something 🙂
Post # 5
I think it costs soo much to start up a new business that you need to find something you are super passionate about. Your ideas are kind of all over the place, which tells me that you aren’t 100% committed to any of them. I would advise you to carefully consider what you really want to do before investing any sort of time or money into a new business.
Post # 6
Running your own business, if you’re successful, is a $hit-ton of work. If you’re not 100% committed to it, you won’t make it, and even then, there’s not guarantee you’ll make it. The exception to this would be if you have a weekend side business to pad your income a little. Then you can afford to do a gig here and there.
Another thing to realize is that with many businesses, like floral arrangements or photography, it can take years to build up enough of a client base to have regular income. It also takes a ton of self-discipline. You sound a bit wishy-washy with your ideas, which makes me think you’re not ready to start one. I don’t mean to discourage you from starting one, but they’re all things to consider. It’s not worth taking that kind of risk and making the necessary sacrifices unless you have something you’re really sure you want to do, and you know you’re good at.
Post # 7
You all are very right…I have to decide..but its tough. 🙁
Post # 8
A good friend of mine is currently in the process of getting his own business off the ground. He has been self employeed for about 1.5 years now and is one of the most disciplined people I know (he also runs marthons). Since he started working for himself, he has not taken any vacation (much to his girl friend’s dismay). He works long hours and often takes on side contracts in his former field in order to earn some $. He just started stage 2 of his business which involved nearly $200000 in debt. It’s a scary process if you are not committed to making your businsss sucessful.
Post # 9
I would suggest a college course in business, accounting or marketing or entreprenuership are all useful topics, before you make any decisions.
Post # 10
pick one and commit. baking seems hard if youre by yourself. photography is easy to do solo. there’s also low startup cost–basically biz cards and a free website. daycare would be a good transition since you already work with kids.
if you want to keep your dayjob which i suggest since youre a new biz owner—do photography.
most businesses do fail so do your homework.
but some succeed. its 100% about passion and sweat.
Post # 11
Thanks for all the wonderful advice!