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Do you play a musical instrument well enough to teach it to others? How about taking your skills at producing music or sound design and teaching others as a service-based business idea based on your experience? Private music instructors in all disciplines charge upwards of $20-100/hr (or more depending upon skill and experience), and you don’t necessarily have to do them in person, either. This makes for a great side business idea that can channel your passion for music into profits.
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Entrepreneurs create their own future—they own it! Think of all the new technology and ideas that have come to life over the past few years. Those were all once just an idea but entrepreneurs brought those ideas to life. Yes entrepreneurship is Life. Entrepreneurship is a way to bring your passion to life as you help make people’s lives better.
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The only difference? You won’t have someone who you can lean on to help you through it. Set a recurring calendar event (every month) to add your newly acquired accomplishments.
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Should I consider a partner who has complementary skills or who could help finance the business? The keyword here is niche. Pick a narrow lane, and own it. I’ve struggled with this myself, trying to sell more products than we can possibly keep track of.
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Not to worry—online thrift shops and consignments stores, like thredUP, are just one model you can follow to achieve that goal. There are other businesses that crawl through sites like eBay to find cool, unique, interesting objects, then present them in compelling ways. Good copywriting and a strong brand can go a long way to separating you from the crowd here.
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Last Name * VoIP Phone Guides Is 2015 the Year You Become Your Own Boss? I think the biggest killer of new ventures is good ideas. A good idea sparks the imagination, causes the founder to invest heavily in a dream, and much of that investment goes into building filters to bad news, which ensures you will be way too overconfident and prevents you from transforming a good idea into an idea that works. The end result can get pretty ugly, and usually involves uncontrollable crying. (That’s right. Real men cry.) As an idea man, I have learned the hard way to distrust my ideas. Better to start with some problems worth solving that I am uniquely able to address and build a simple MVP prototype with no expectation that it will work. Then find out what is wrong with it, fix it, repeat.
This is a very useful post, especially for newbies. Refrigerators This is perhaps the biggest mistake of all. Don’t be that friend who talks and talks about starting a business for years and never does anything thing about it.
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