No one ever said it was easy being an entrepreneur. Whether you're in the early stages of your statrup, just secured funding for your startup or you are ready for product launch, there will always be those three components when you ask yourself if this whole entrepreneur thing is worth it. Instead of giving up and throwing-in the proverbial white towel, this forum will help in giving you all the motivation you need to achieve your result.
Through technology, our world has become progressively more interconnected, and has created the potential for hundreds of different business ideas.
Being a successful entrepreneur today is all about generating multiple sources of income. The title “serial entrepreneur” is tossed around with ease because the internet has created an avenue through which we can find endless ways to make a living. Those who diversify their revenue streams will help ensure their chances of success without necessarily overburdening themselves.
Through technology, our world has become progressively more interconnected, and has created the potential for hundreds of different business ideas. That said, here are five business ideas that you can launch from your living room.
Online language tutor
Services such as Skype that offer free face-to-face communication instantaneously with anyone in the world have created a market for online language tutors. There are countless startups that offer language lessons by matching native speakers to eager learners. Most of these sites don’t require you to speak the language of your pupils.
Join one of these sites and teach for a few months. This will allow you to build experience and credibility as a teacher. Then break off from your matching agency and start your own private lessons. This will allow you to set your own schedule and price!
Start a blog
The most important rule when starting a new blog is to pick a niche subject that attracts a good readership. If you are a decent writer, this shouldn’t be too hard, and you can also enlist one of the countless copywriters out there to write your content for you (for pretty cheap!). Once you fill your blog with quality content that attracts a solid following, there are many “affiliate marketing” programs where companies like Amazon and Google will pay you to promote their products or services.
This idea may take a bit of an initial investment -- especially if you are paying a writer. However, once it gets going, it begins to pay for itself and will only grow from there.
Fulfillment by Amazon (FBA)
This program through Amazon basically allows you to run an ecommerce operation out of your house. Amazon writes, “You sell it, we ship it,” meaning all you have to do is connect with a customer, and Amazon takes care of all of the packaging, shipping and handling. They even store your products in their warehouses. This is a great way to help you scale your small business with professional help from one of the industry leaders in ecommerce.
Become a translator
If you are fluent in another language, it is easy to connect with firms that are looking for professionals to translate documents and audio for their businesses. Most of these businesses have employees that learned the language in school, but the companies want someone with cultural knowledge as well as fantastic language skills. The more obscure the language is, the more you get paid!
Crypto, crypto, crypto. It seems to be the talk of the town these days, and it’s for a good reason. People all over the world are making money trading cryptocurrencies. So what’s the catch? Truthfully, there really isn’t one. These digital assets are highly volatile and do not behave like normal securities. Before investing in cryptocurrencies you should do an ample amount of research, and never invest solely based on someone else’s opinion.
Opportunities are everywhere in this world. If you aren’t where you want to be financially, that’s on you. The five business ideas above are only a handful available to you. Not only that, but you can launch them all from the comfort of your living room.
Twenty percent of small businesses fail within their first year. Entrepreneurship is no walk in the park. In fact, the amount of new businesses that fail exceed the number that succeed. That’s why it’s more important than ever to create a unique product or service that helps you stand out from the rest.
However, don’t be discouraged. If you believe in your business, passion will prevail. On average, 75 percent of small-business owners are confident in their company. And why shouldn’t they be? They’ve turned their passion into profit. Yet, keep in mind it’s important not to be overly confident. Instead, take things one step at a time. Typically, 20 percent of small businesses fail in their first year, 50 percent in their fifth year and 70 percent after a decade of being in business.
A number of factors play into a business’s closing, such as location, the current market, cash flow and more. The number of reason most small businesses fail is due to cash flow, and California cities such …
Mark Elliot Zuckerberg is an American computer
programmer and Internet entrepreneur. He is a co-founder of Facebook, and is currently its chairman and chief
executive officer. Zuckerberg
launched Facebook from his Harvard
University dormitory room on February 4, 2004 with college
roommates and fellow Harvard students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. The group then introduced Facebook to other college
campuses. Facebook expanded rapidly, reaching one billion users by 2012. During
this time, Zuckerberg became involved in various legal disputes brought by his
friends and cofounders, who claimed they were due a share of the company based
upon their involvement during its development phase. Early
Life Mark Elliot Zuckerberg was born on May 14, 1984, and
grew up in the suburbs of New York, Dobbs Ferry. He was the second of four
children and the only son in the educated family. Mark’s father, Edward
Zuckerberg, is a dentist and mother, Karen Zuckerberg, is …
Étienne Arnault was born on the 5th of March 1949. He is a
French business magnate, an investor, and an art collector. Arnault is
the chairman and Chief Executive Officer (CEO) of LVMH, the world's largest
luxury-goods company. He is the richest person in France and the fourth richest
person in the world according to Forbes magazine,
with a net worth of $75.5 billion, as of March 2018. EARLY LIFE After graduation, Arnault joined his father's company,
in 1971. In 1976, he convinced his father to liquidate the construction
division of the company for 40 million French francs and to change the focus of the company to real estate.
Using the name Férinel, the new company developed a specialty in holiday
accommodation. Named the Director of Company Development in 1974, he
became the CEO in 1977. In 1979, he succeeded his father as president of the
company. CAREER In 1984, with the help of Antoine Bernheim, a senior
partner of Lazard Frères, Arnault acquired the Financière A…
Gates is an American business magnate, who co-founded Microsoft, the world’s
largest personal computer software company. He consistently rank in the top
list of the world wealthiest people, he is one of the world best known
entrepreneur of the personal computer revolution. He is also the world most
generous philanthropist, who has donated over $28 billion to charity. Here are
his top 10 rules for success. 1.Have
you are going to start a company you need so much energy that you use to
overcome your feeling of risk. At the beginning it’s going to look so scary
especially given that you don’t have any experience as in the case for most
startups, you are going to make a lot of mistakes but if you have so much
energy rushing through you, you will be able to overcome your mistakes and that
of your team, you will also be able to guide your team into achieving the
desired result because energy is contagious. 2. Have
a Bad Experience: Bill
Gates is a college dropout who d…
We were just about to start our meeting on what next to post when one of our colleague came in with Forefront magazine and showed us this very inspiring story about overcoming problems in life. Here is the content of the story.
As hard as it may be, more problems might actually mean a
closer window of opportunity. There is a saying that every single thing happens
for a reason and whatever does not kill us makes us stronger. A story by Alijo Sylvester.
The story goes like this: A young woman went to meet her mom to tell her about her life
and how things are so hard for her. She was about giving up and had no idea how
she was going to make it. She was fed up of fighting and struggling. She complained
of how after a problem, straight comes another one. Her mom called her to the kitchen. She filled three pots with
water and put them on fire. The first pot, she placed carrot, the second she
placed egg and the third she placed ground coffee bean. She let them boil without saying a word. In abou…