New Business Ideas – Here Are 5 For You To Consider
As an aspiring entrepreneur you may be struggling to come up with some new business ideas.
Within this post I am going to give you 5 new business ideas, some maybe ones that unleash the hidden talents and knowledge that you already have.
Others will be ones that you may need some mentoring or training to achieve success. That’s ok because as an experienced home business coach I can guide and help you every step of the way.
Before I reveal some new business ideas I feel that there are a few things I need to go over.
Having a great idea for a new business does not mean that it will work. Bear with me for a moment. I don’t mean to sound negative but I need to address some some issues that are foundations to creating a successful business.
> Research – You must do some market research to see if there is a demand for your business, product and services.
You should look at this in two ways. The first is to determine if there are people actively looking for what you have to offer, known as the hungry crowd. What you offer can be broken down into either a product or a service.
The second thing to consider is your competition. Analyse your competitors…
- How many are there?
- What are they offering?
- How good is their customer service?
- How much do they charge?
- What is their following?
- How much traffic to they get to their websites?
- Maybe sign up to their newsletter to see how they go about things and get the download on their offers?
Gather all this information and then work out a way that you can do it better. This will make you stand out from the crowd and attract people to your business.
> Belief – You have to believe in what you are doing and that you will be a success. If you have not got this from the start then you are, as they say, “flogging a dead horse”.
Total belief equals success as it will shine through in the actions that you take. People will pick up on your positive attitude and in turn will believe in you and your business.
Commitment – You have to 100% committed. One of my mentors has a saying “Don’t treat your business as a hobby as you don’t get paid to do a hobby”.
You must have a plan of action, a strategy, a daily method of operation and a desire to make this thing work. Without commitment you will lose interest, find excuses and ultimately fail.
Work Ethic – This follows on from commitment. If at first you have to work all hours then do it. If you say to yourself “I’ll do that tomorrow” then guess what tomorrow will never come.
You have to ask yourself “how much do I want this?” Your results will reflect this.
I thought I would just mention these things to enable you to form a really good foundation for you new business venture. So as promised it is time for me to give you some new business ideas to think about.
5. New Business Ideas That You Can Start Straightaway – Oh yes and they can all be run from home!
New Business Ideas – 1. Local Business Consultant – If you are a professional business person then you can leverage your experience and knowledge and pass that onto the local business community.
All businesses have problems to overcome. This could be their marketing strategy, they may need help with their social media or need content written. You could be their solution.
New Business Ideas – 2. Handyman or Service Provider – What are you good at? It could be a virtual assistant, administrative work, internet services, graphics, website building, decorating, plumbing, electrics, gardening or cleaning. What is it?
There are lots of people who either need these kinds of services or are willing to pay someone to do them.
In fact a friend and business colleague of mine started a cleaning business back in the UK. He started at zero customers, spent some time canvassing the local area and built his business up to around 300 clients that he served on a monthly basis.
By doing this he built a valuable business, it became his asset which he then went onto sell for some very good money and then he emigrated the the sunshine!
New Business Ideas – 3. Freelancing – Now you may or may not of heard of freelancing. Freelancers are usually highly skilled people who are say, graphic designers, web app developers, writers, bookkeepers, video producers, bloggers e.t.c.
There are many websites or portals that you can register on and offer your services. Then what happens is people like myself who need specific tasks done for their business employ freelancers.
In the internet marketing world it is called outsourcing and I use the services of freelancers myself for my business.
You can offer your services to anyone in the world. As a matter of fact I have a very talented lady who is based in South Africa for all my graphic design. I am either based in the UK or Cyprus and it is just a matter of jumping on Skype, discussing a project and then she gets on with the task in hand.
New Business Ideas – 4. Blogging – A personal favourite of mine. I have been a prolific blogger for the last 6 years. It was my main strategy when I first started internet marketing.
If you like writing it is very enjoyable and it can be very lucrative. In fact blogging has enabled me to earn in the region of $30,000 in one month.
Blogging is a very low cost business model. All you need is a domain name, a platform to blog on and my recommendation is WordPress, and a laptop, PC, tablet or even smartphone.
Blogging enables you to establish yourself as an authority in your chosen niche and you can monetize you blog in a variety of different ways. I have a resource that I have written called “Your Blog Content” which is a guide to help you produce 6 Figure Business Blogs.
New Business Ideas – 5. Affiliate Marketing – A term that you may not be aware of. Basically affiliate marketing is where you promote other peoples products and services and when a person takes the action of purchasing the product you then receive a commission.
When I decided to start an internet business, affiliate marketing is what I decided to do. I joined an affiliate marketing training program which gave me the tools and resources to start a profitable affiliate marketing business from scratch.
Affiliate marketing is where most people start because in my experience it is a platform that leads to the creation of your own independent business. You learn the ropes here because there is much to learn.
Mark Ford’s Affiliate Marketing Recommendation
The digital marketing and affiliate marketing educational company that I recommend, providing products and services that you can learn to promote online, can be looked into more yourself as a part of your research by clicking here for more information.
New Business Ideas – Closing
So you arrived on this webpage looking for new business ideas. I have shown you 5 options that you can start today and with very little financial outlay. If I can help you further then you can connect with me at any of the options below this post.
In whatever you decide to do, I wish you every success in running your home business from anywhere in the world from your laptop or other media device, just as I do.
Home Business Lifestyle and Blogging Coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace.
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- Blogging Boss Ebook
- Blogging Niches
- How To Start An Online Blog
- Home Business Entrepreneur
- Blog vs Website
- Blogging For Money For Beginners
- Home Business Coaching Part 6
- High Ticket Affiliate Programs
- Affiliate Marketing Products To Sell
- Affiliate Marketing Training For Beginners