What do you need to do to someday own your own business?

Owning your own business

Everything in this answer is accurate to some extent but, the first thing you need to do to someday own your own business is: decide the day on which you are going to own your own business. Once you make the decision, commit to a course of action and you will own your own business.

Unless you make the decision, none of the things mentioned below will make you a business owner.

Get a general business degree.

Make passable grades.

If your university has a "entrepreneur track", or small business-related courses, take them.

Go to work for someone else in the field you want to eventually go into. You may like it. On the other hand, it may not be all that it's cracked up to be. Work 2 or 3 years at least in the field.

Get a mentor. Preferably someone who has done the small business startup thing before.

Hang out your shingle before quitting your present job, if possible. Or be prepared to work another unrelated job while you're getting started.

After startup, join the chamber of commerce or another networking group.

Read Guerilla marketing or another sales book geared toward making sales on a shoestring. Without sales, you WILL fall flat.

Have your free website with ekwa and start your business with no cost today.

Specific questions ? Just ask.

More input from WikiAnswers Contributors:

  • Time and a lot of patient

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You don't need a degree to start a business. You do need to learn about marketing, business math, etc...

Do research in the industry you want to be in and make sure there's a big enough market for you to make money in.

You could join a network marketing company, heaven-knows there's enough of them out there! But you still want to do the research anyway just to make sure you're going in the right direction.

For more info, try the SBA (Small Business Administration). They have classes, mentoring (via SCORE) etc.. Good luck:-)

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First answer by tara hartley. Last edit by Aptitudo. Contributor trust: 4 [recommend contributor]. Question popularity: 235 [recommend question]


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