By this time in our series, you should have identified your passion. If not, you’ll need to take time and go back through the exercises designed to help you do that. If you still don’t find your answer, ask the people who are closest to you what they have observed makes you happy while you are doing it. Keep at it until you figure out what you are passionate about and can create a business with.
The next step is to think about how you’re going to build a business around that passion so you can love what you do all the time.
There’s a lot to consider. Are you going to sell products that you create, or products that someone else has manufactured? Are you turning your hobby into a business? Who will be your customers or clients? How will you reach them? Will your business be based on the internet or will you have a what is often called a brick and mortar business, meaning a physical location in an office, warehouse or storefront? Do you have the skills to stay in business or do you need to learn some new things before you start?
You can see that there are a lot of questions you need answers to before you can move forward. With that said, I’m a big believer in just jumping in and going for it once you know what you want to do. However, what you are jumping into will differ with different types of business.
The organization called Junior Achievement has provided a list of questions for you to consider while trying to decide how to build your business. We will be discussing some of these questions as the series continues, however, there are some things that you will need to find the answers for yourself. There will be a resource page at the end of the series with links to some organizations and blogs that can help you learn what you need to know to start a business.
Do you already have answers for any of these questions?
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As I said, there’s a lot to think about. If you aren’t willing to take the time to consider these questions and do the research to find answers, then you might want to reconsidering starting your own business. In order to be successful in business you must be committed to doing whatever it takes to make it work.
The focus of the Empowering Teens and Young Adults to Develop an Entrepreneur Mindset series is going to be on developing an internet business. Most of these questions apply to internet business, however, they may not all apply to the business you want to start. Making it happen is on the internet is easier than building a brick and mortar business.
In each post for the rest of the series we will be considering information that you need to know to find answers to some of these questions.
Have you been able to answer any of these questions for yourself yet?
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