Now that everything is in Internet you don't really have to invest a lot of money. You don't even have to sell anything. Take blogs for example: you can make thousands of dollars in a month with Blogger blog and AdSense. Of course this is not easy and there are only few people who live on it, but it is possible. Starting cost for this kind of business is the cost of your Internet Service Provider. Actually Google provides you with all the tools you need for monitoring your business. I'm not going to write about how to use these tools and how to make your blog/site popular with crazy traffic, because there are hundreds of blogs telling you how. If you don't know how to Google them, don't start your own business. Just don't.
Here are some pointers that you should consider when thinking of starting your own business:
Be original - Don't start selling imported gadgets from China or general t-shirts with "original" quotes. Google is again your friend here. Google "buy t-shirts" and you get 418 000 000 results. "buy quote t-shirts" gives you 92 700 000 results. You really wanna start competing with this? The market is saturated, there's no room for you anymore, unless you come up with great ideas. How long has there been clothes for dogs? And how big thing they are now? Exactly. Come up with an original idea, like clothes for birds or goats (there's actually at least one store that sells clothes and shoes for goats). Something that no one has done before.
Steal... I mean loan ideas - There's nothing wrong with "loaning" ideas. Of course there's contradiction between being original and stealing but if you can't be original, steal. Check out this stolen picture which I found from the Interwebs, there's truth in it:
Think of Tarantino - he "loans" from old classic and cult movies and makes them better. Kill Bill and Inglorious Basterds, both great movies but most of the stuff is stolen from other movies. IB is actually a remake of action movie from the 70's. Another example: World of Warcraft - not much original ideas there, they just took the best ideas from other games and made them better. Steal and make it better so they can't sue you!
Prepare to work a lot for no money - All businesses take time to start up and grow. Facebook and YouTube were not made in a day. You're probably going to spend more than gain in the first few months (or a lot longer) and there are not many industries where you can make money fast and easy. If you want fast results start a appealing pyramid scheme but also prepare for the consequences!
Ok, most of these are no-brainers for you guys but hopefully this is helpful to someone. Tomorrow I will write more guidelines and tips about starting your own business. I think I call this series "Guidelines for your own business from a guy who has never achieved anything in his life". Nah, too long. "Read this and do the exact opposite" is better I think.
Comments and questions are welcome.
This cracked me up, awesome post!
ReplyDeleteBut it's so haarrrddd.
ReplyDeleteI just work selling deli meats to people a few times a week and it's all good baby.
i cant do that, last time i tried i fired myself :(
ReplyDeletei realy would like to work for myself, my only fear is: what to do if it doesnt work out for me?
ReplyDeleteYeah I agree. If you wanna make it big, you need to come up with your own ideas and be creative/original.
ReplyDeleteI'm exactly like you. Lazy and have short attention span. Should do trading. :)
ReplyDeletethinkable post... thanks
ReplyDeleteI can't do that because i'm like you, a lazy ass. But good tips, man.
ReplyDeleteEbay is useful, almost everybody has crap you don't need which at least 1 guy wants. I sold a bunch of PC games I don't play any-more. Sold Diablo 1 and 2 for 10 pound. Always a nice side-income to have.
ReplyDeleteThis is another great post. Thanks for sharing.
ReplyDeleteI am also lazy, need rich parents or a woman
ReplyDeleteBaxxmans
Very interesting post, thanks!
ReplyDelete"Read this and do the exact opposite" sounds promising. :D
ReplyDeleteyet again some awesome ideas but to be fair i think i'll just have an office job :/
ReplyDeleteBut I can. I can be original. I'll prove it world, I truly am!
ReplyDelete"Prepare to work a lot for no money "
ReplyDeletethat's the best advice you could ever give to someone, it's simple truth!! nice post
I worked for myself for a while. Well, not really, but I was an independent contractor. Didn't work out for me.
ReplyDeleteYeah, pretty much like that... I wonder what the next big thing after Facebook will be...
ReplyDeleteJust need a great idea, once you have one...there are lots of tools you can find online (and for free).
ReplyDeletePeople like buying things on the internet, its easy, safe (kinda) and fast. Just make sure you offer Paypal!
great advice, my laziness is killing me
ReplyDeleteWinning money over the internet? That always seemed so impossible for me!
ReplyDeleteWorking from home always sounds like a good idea, but not all businesses will be sucessful and then you're broke. I'll add this advice, make the decisions to be your own boss carefully
ReplyDeleteSometimes I think about working for myself. But when you have a mortgage and other expenses, you need the guarateed income a regular job has. I just have to step it up in the evenings and weekends, and build up a business in my spare time.
ReplyDeleteGreat advice!
ReplyDeletethe ebay thing is good!
ReplyDeletei'm becoming a teacher => so lots of vacations to concentrate on selling stuff on ebay.
good ideas for some decent side cash
ReplyDeleteYeah working online is a hard business! Only the best seem to work out in the long run!
ReplyDeleteI think it's a great idea for your blog to go in that direction! Maybe it can help you get motivated to quit. ^_~ I'm using it to help motivate myself. =D
ReplyDelete