Right now everything is in front of you. Before you dive in, I would check a few things.
What do you like to do? There are businesses you could get into and quickly find that they don't suite your personality, your desires, your temperament.
What skills do you already have? If you already have certain skills and talents, why not take advantage of those in your business? So maybe you like to write, or create graphics, or you're a programmer - those are all skills that can lead you to a profitable business.
How would you spend your time if you weren't working? Surprisingly, a good number of people have turned their passions into a business. Sometimes it works, other times it backfires . . . but right now you have the ability to steer the subject of your business in any direction you like so take advantage of your many, many choices.
Finally, every business should begin with market research. You need to understand what potential there is for profit, where that potential lies, who will be your competitors, who (and where) is your audience, what are the problems and opportunities in the market, etc. Find out as much as you can about the environment you'll be working in so that you can maximize and focus your effort and resources on things that will give you a good return for your time and money invested.
The very best to you,
Steve
P.S. Save your money for later when you have a working business idea and a proven business model. You will have time to scale and ramp up your business later and the cash will come in handy at that point.
What do you like to do? There are businesses you could get into and quickly find that they don't suite your personality, your desires, your temperament.
What skills do you already have? If you already have certain skills and talents, why not take advantage of those in your business? So maybe you like to write, or create graphics, or you're a programmer - those are all skills that can lead you to a profitable business.
How would you spend your time if you weren't working? Surprisingly, a good number of people have turned their passions into a business. Sometimes it works, other times it backfires . . . but right now you have the ability to steer the subject of your business in any direction you like so take advantage of your many, many choices.
Finally, every business should begin with market research. You need to understand what potential there is for profit, where that potential lies, who will be your competitors, who (and where) is your audience, what are the problems and opportunities in the market, etc. Find out as much as you can about the environment you'll be working in so that you can maximize and focus your effort and resources on things that will give you a good return for your time and money invested.
The very best to you,
Steve
P.S. Save your money for later when you have a working business idea and a proven business model. You will have time to scale and ramp up your business later and the cash will come in handy at that point.
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