Why do you want to start a business at all? Is starting a business really for you? Up until the recent recession and after, we suggested that you start a business of your own only if you have a real passion and commitment to getting out on your own and then doing what you have to do to make it happen. Unless you are very lucky or rich, to start a business of your own can be tough going for a lot longer than you might anticipate.
Today, there is another group of people who likely need to start a business of their own–those in their late 50s, 60s and 70s who simply cannot find work and are not in a position to retire just yet. Those are the people who have sent out 200, 300 or 400 resumes and gotten literally no response in the job market. For them, their only alternative is to get that new business going and move into the black as quickly as possible and achieve financial independence once and for all.
Another group who we have identified and salute are young people, teenagers and those in their early 20s, who simply need to start a business, any business, to help make ends meet for the family. There are a lot of terrific businesses that they can launch, such as a lawn mowing business, yard clean-up/weeding business. We own another website related to the swimming pool and spa business. It is remarkable the number of business people we have interviewed for that website who go their start in the business as teenagers and have simply continued in it.