Once you come up with an original business idea that you really have confidence in, there’s nothing to say you shouldn’t run with it and turn it into reality. That being said, it might not be that easy for you to jump straight in. The process you follow as an individual starting out in business will vary every time, but there are some things you may consider to get you started and prompt you on where to look next with each step.
1) Make sure you’re confident in your idea. Get some feedback from people you trust to ensure you’re not getting caught up in your own bubble. Ensure your pitch is clear so you can explain to potential partners and customers what you’re bringing to the market.
2) Make a clear link between your past experience and your end goal. You need to plan how you’re going to apply your existing skills and relevant knowledge to this new business.
3) Know your audience like the back of your hand, and hurl yourself into as much market research as you need to be extremely comfortable with the arena you’re heading into. Continue reading