If you want a business but don’t know where to start, think about monetizing your passion.
By that I mean, find out what it is that you like to do in this world (golf? personal finance? knitting?) and parlay that into a business.
Here’s somebody who turned a passion (and talent) for jewellery made from twisting little silver-plated wires into a $600k+ p.a. online business that teaches others how to do the same!
That’s why I recommend that you start today …
… whether you have any idea what/how to start your business or not, start by writing a blog.
It can tell others how to do whatever it is that you do (if you are already an expert), chronicle your own journey to ‘expertness’ (great way to get started, even if you don’t know much about your passion at all), or it can simply be a collection / review of others who are experts.
Down the track, you’ll have enough randomized blog entries to create some of your own information products … all neatly reviewed, scrubbed, and honed with the volunteer assistance of your readership.
What do you think I’ve been doing with this blog all of this time? 😉
Seriously, if you think this is hard, check out this story of a 9 y.o. who decided to (successfully, I believe) help pay for his own heart operation by writing/selling an e-book:
http://steve-olson.com/9-year-old-helps-pay-for-own-heart-surgery-by-publishing-estory/
Inspirational, true story even without the business/money lesson that I had to wrap around it!
what if you’re in a profession where there are conflict of interests from opening a business, or your expertise is very niche? I guess find a new passion? This isn’t so easy.
@ Ill Liquidity – Depends whether your job is moving you TOWARDS or AWAY from your Number. Maybe you need to wash dishes and build your business, instead? 😉
Wow, what a great story. Thanks for including us .This is truly a heart warming story.
maybe. the whole sacrificing lifestyle for a maybe chance is hard to stomach.
ill liquidity says:maybe. the whole sacrificing lifestyle for a maybe chance is hard to stomach.
Adrian is not talking about a maybe thing here. He is trying to put all who listen to his advice, onto a track which will lead you to where you wish to be in life. That concept always involves a small sacrifice,(i.e. Putting off a few luxuries in life for a time period),and some research,and education. Adrian is trying to provide that education,while you provide the research into what it is you wish to do in life.Do you wish to be a fisherman? Then you do your research and see if this can provide you with the (seed income) to achieve your dreams . This won’t be a one step and your done. It will involve multiple avenues of income coming in(developed by you)to achieve your goals.
sure. I’m all for making cash. just need it spelled out to me cuz I’m kind of dense. Thanks 🙂
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