The first rule of starting a business and becoming self-employed is to love what you do. Just as parents with children, entrepreneurs spend countless hours starting, growing and maintaining their businesses. Without a love of the game, many small business owners tire and give up before they even get going. Many good ideas and great resources are available to assist entrepreneurs in transforming passions into an ongoing business.
If you have in-depth knowledge or a defined skill obtained through education, experience or a combination of the two, you have a business opportunity. Others may be willing to pay you to teach them what you have learned through hard work and dedication. Start by offering your services to a target market you think would be in need of your specific area of expertise. Some examples would be to teach dance, music or art. Business-related activities could be in areas of writing and communications or in marketing and public relations. Whatever your skill, there is most likely a market for you to educate others.
Information and Communications
Information and communications in any form are vital to individuals and businesses. If you have a skill for compiling information and effectively communicating that information to others, a business opportunity awaits. Some entrepreneurs have used their communications skills to start websites or publish weblogs either for themselves or others. Another opportunity would be to provide communications services to small business by publishing newsletters or providing public-relations services. Use your specific skills in communications to brainstorm on how you could best help others.
Business opportunities should be fun and you should have a passion for what you do. If you have a passion for leisure activities, start a business helping others have fun. One idea would be to offer yourself as an event planner. Start with small parties to get your reputation established and build on that foundation. If you also have a passion for your community, market yourself to local businesses and community organizations to organize fun community events or fundraisers. Think of what leisure activities you enjoy, then match that passion with a business opportunity others would pay you to start.
Business and Professional Services
Small business owners have a problem. They are required to be experts in every aspect of their business operation. If you have a unique skill or talent that could free a small business owner to focus on higher revenue-producing activities, offer your services as a way for them to put more money in their pocket. Some examples would be to offer bookkeeping services, payroll services or administrative support or information technology consulting. The service could even be as simple as a courier service. Whatever your unique professional skill, it can be offered as a service to another busy professional.