What you like can fuel ideas for businessQuestion:
I am looking to start a business. I have the money, and I'm ready to work hard, but I don't have ideas. Where do you find ideas, and how do you distinguish a business opportunity that you will succeed at?
A successful business idea should pass several personal and business tests.
Michael Glauser writes in "Glorious Accident: How Everyday American Create Thriving Companies" about how ordinary people came up with business ideas and made them work.
"People succeed because they know the terrain, seize the opportunity, radiate zeal, work with tenacity, give mind-boggling service, build a powerful team and get more from less to succeed," he wrote.
The entrepreneur and professor toured the nation taping stories. One is about Mary Elten Sheets, founder of Two Men and a Truck in Lansing, Michigan.
After 20 years of marriage, she was left with a daughter in college and two boys in high school. To make ends meet, her sons bought an old pickup and earned money helping people move.
After her sons left for college, the phone kept ringing for their moving service. She decided to continue the business by hiring movers to work for her. Then she began franchising the business: she has 77 in 22 states.
Her lesson: "Do something you really enjoy because this isn't a dress rehearsal."
Here are some ways you may find the idea that suits you.
Just jump in on a small scale when you find one that fits the majority of your goals and talents, then give it all the enthusiasm you can muster.
Bill Bryan is a counselor with the Service Corps of Retired Executives. SCORE offers counseling, workshops and seminars on small business operations. You can reach Bryan through SCORE, 515 N Court St. 815-962-0122, for information and appointments.
SCORE is a registered trademark of the Service Corp of Retired Executives
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