TRENDING NEWS

POPULAR NEWS

Want To Start An Ebook Business. I Need To Find An Idea

Is it a good idea to start your own business?

Here is the deal… starting your own business is like going to war.Between the competitors, legalities, formalities, employees, taxes, changing markets, etc… it can be quite the headache.Think about it like entering into a battle.Is it wise to run into battle without a weapon or armor? No…Is it wise to go into business without any support, mentors, resources, and experience? No…However, you will never win the battle if you do not try…So to answer your question… is it a good idea to start a business?Absolutely! But if you’re going to do it, do it right.The most important thing you must understand is that advertising is an essential part of any business.In this next paragraph, I will give you your first piece of armor…As soon as you start your business, start advertising. You need to figure out how much it costs you to acquire a customer and make a sale.Let’s say you spend $2,000 on a billboard by a busy highway near your city.For that month, track your increase in sales and even ask your customers how they found out about you.Now just do the math - how much did you profit after spending $2,000 dollars?Let’s say your billboard got you 10 customers… that is $2,000 / 10 = $200 per customer.If you sell carpet cleaning services and average $300 per sale, you just made $100 per customer ($1,000 profit) and got exposure for your business!This is how the majority of businesses succeed… and if you do this, then YES, starting a business is a good idea!After a while, you can simply continue optimizing your advertisements and keep experimenting until you get more customers at a lower cost.You may not get it right in your first try, but do not give up! This is what entrepreneurship is about.Oh, and if you want to minimize your chances at not getting a return, work with a professional media buying platform that makes the entire advertising process easy.Good luck to you! I wish you all the best.

What kind of business can i start with 20,000?

This is just my opinion. If I had $20,000 that I worked hard to save, I would not want to risk it all on anything. That being said, I started my own business for $100 and it has done better than I ever dreamed of. I got the idea from an Ebook called, "How to Start a Business on a Shoestring". It is full of great inexpensive business ideas. I don't know if it will help you, but I love it. I don't care if you purchase it or not, just giving a recommendation. I bet it would help you and it only costs $10. The website where I bought it is:

everythingebooks.weebly.com

TRENDING NEWS