Posted in Mindset, Planning

Should you start a business just for the money?

It’s like asking if you should do everything in your power to hate your life. Why would you do something you don’t enjoy just to make money. As important as money is, it’s never going to make you happy. Money just amplifies who you are and what you’re feeling, do you really want money to amplify how crappy you feel?

Instead, think of the things you like to do. What are your hobbies? What would you love doing if money wasn’t a factor? And grow from there.

Make a list of things you love doing

Don’t stop and think if people will pay you for doing something. If it’s something you love doing just write it down (just make sure it’s legal). Ask friends and family member for help if you need to and get as many things on the list you possibly can.

Now it’s time for research

Now that you have a few ideas, find out if anyone else has built a business around them. Don’t worry about the market being over saturated the more businesses in your niche the easier it is to get clients.

Try not to focus on the bigger brands with huge factories, if baking is your thing try starting a small version of the business from your home. If it’s a service based business like computer repair of website building look for some prospect in your area.

Test run

Many people paint themselves into a corner by jumping into a new business with everything they got. After a while, you might find out you don’t like it, or that you would enjoy doing something else more than what you’re doing now. Taking your small business for a test run will allow you find out want you like or dislike about it.

Don’t worry about friends and family that get on your case for taking your time. If they don’t have what it takes to start a business they shouldn’t have the hubris to pick on you.

I hope you found this post helpful, if so like it and share it with your friends. And while you’re at it, check out my ebook ‘level up your business’ a guide to starting your own business the right way.


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