The COVID -19 virus is changing the way people work all around the world. Can we embrace this pandemic as a challenge to consider unexplored opportunities?
Maybe it is time to launch a new home-based business. The first thing you need to do is figure out what type of business you want to start. You might find ideas for your own business by reading the stories of other amazing startups.
- Investopedia compiled stories from successful business launched by young entrepreneurs, one as young as 9 years old. You can read this article here.
- Another good article was written by Mike Michalowics of Entrepreneurship Made Simple, who wrote a web article entitled “The 37 Greatest Business Ideas for Young Entrepreneurs.”
- The Khan Academy of Free Online Learning is a tremendous resource that offers a long list of ideas for starting a business.
- Be sure to also visit our business ideas page. You can also take our business idea quiz to help you find a business that matches your personality.
Once you have decided what kind of business you want to start, you need to take time to make sure you understand the components of what it takes to build a successful business. Here are some good resources for that:
- The Brian Hamilton Foundation has created Starter High, which they describe as “an online, self-paced course for middle and high school students where they learn the basics of starting, running, and growing a business. Students learn everything from developing an idea to getting their first customer.” This course is free of charge.
- Kerry Hannon, writer for AARP, wrote a great nuts-and-bolts article that will help you explore some of the basics to a successful home business. While not all these tips may be relevant, her light, easy-to-read tips are worth giving some consideration and build on your own emerging ideas, begin to outline the steps you want to take. Read Ms. Hannon’s article here.
- Sujan Patell, an entrepreneur and marketer as well as cofounder of Web Profits, amassed a collection of free resources for entrepreneurs in his web article, “15 Free Online Learning Sites Every Entrepreneur Should Visit.” Some of these resources are geared towards people already immersed in the world of business, but there are many valuable websites here that will give you any needed information from business management, computer skills, finance, web marketing and many more avenues to help you expand your tool belt.
- Be sure to also visit our blog and our young entrepreneur resources page. You will surely find some advice you can use.
You now have some ideas, tools and resources to get you started taking your idea and shaping it into your own marketable home business. I hope you are motivated to get busy!
Heed the words of Nolan Bushnell, the fabulously successful entrepreneur who created Atari: “The critical ingredient is getting off your butt and doing something. It’s as simple as that.A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.”
Good luck rising entrepreneur!
Photo by Andy Beales in Unsplash
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