In these days of job scarcity, more and
more people are realizing that one of the best alternatives to unsuccessful
efforts at finding work is to stop looking for jobs that aren't there and
consider creating one. Lots of education advocates will tell people to go back
to school to get more qualifications – and this is a good idea for some people
(especially if you didn't finish college) – but the fact is that even graduates
with masters degrees are having trouble finding work these days. This is
because the economy is in recession and jobs across all sectors and
demographics (except for a few niches) are extremely scarce. A better educated
workforce won't fix the economy – but newly created jobs will.
Starting a new business isn't nearly as
difficult as most people think. The hardest part – other than coming up with a
great idea – is finding enough funding. For this, the options are limitless.
Personal savings, loans from friends or family, bank loans, etc., are just some
of the many options available to those seeking to raise capital for a new idea.
It's important to accurately estimate the amount of money required to get the
business off the ground and – ideally – it makes sense to put aside enough
money to keep the business going for a year (giving it time to become
profitable).
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| Interesting Desk Workspace |
Two approaches you could take to find the
right idea are (i) Try to think about something a lot of people near you
want/need (unless you plan on doing it online in which case geographic distance
is irrelevant) – then come up with an economical way to fill that need. (ii)
Find something you're naturally good at or that you have a natural interest in
and find a way to make it profitable. Either way, there's never been a better
time to come up with a great idea and find financial independence!
CEO
OrionExchange.com
Skype: OrionExchange
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