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Which business shall I start?

by Fulvio Max

Created on: January 05, 2009

The right business for you depends of course in the kind of person you are and in the things you like to do.

Imagine if you start a business about something you don't like. Even if the business is profitable you will have a hell of a time working and doing it well. Needless to say you will lose because you will stop working as soon as you can, you hate the job, so the job will hate you and the same will be true for your costumers. I am sure you already in your life went to a store where you sweared you would never return there again, because you were so badly welcomed.

Now when it comes to opening a business you like you must ask yourself three questions: Is it profitable? Can I do it well and for a very long time?

If the business is profitable then go ahead. You already like doing it and if you can make good money with it then what are you waiting for? Every second you are here standing down is a another couple of dollar bills you are missing. Money that is somewhere else and could be in your pocket.

Now the second thing is if you can do it well. You know the professional race drivers make a lot of money and you even love to race, but unless you are a top class driver you won't go very far. Make sure you can dominate the market you are into and success won't be able to run away from you.

If you cannot do it well then just hire someone that can while you are learning it. Don't make the mistake of thinking that if you cannot do something you are doomed for life. You are not. You can learn anything you want and sure you can do also anything you want.

The next thing you must think of is whether to start an offline business or an online business. If you are already integrated with new technologies then the online must be the best for you. You will have more freedom and you are working in the profession of the future. Online business is not only for teens or very open minded people, it's for everyone that want to work with the latest technology and the latest things available on earth. You can even try some tools that will be available only some years later.

On the other hand if you want an offline business then you must be either willing to cut a lot on your freedom and you must be willing to run almost everything in the old way. This is because old brick and mortar business will soon fade to dust. The only exception to this will be the hospitals and othe

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