Need advice for starting a new business

I want to start a business as I see it as the only way to make large quantities of money but problem is i dont know what to start a business on and how to actually go about making it, anyone have any advice for it?

 

What does the business entail? You can start by creating an outline of ideas in relation to the business and expand from there. Before anything else, it is best to have a plan.

 

I run a small business that generates about 10k a month by myself. I did all of it on my own and here is what I learn.

1. The most difficult part is finding something people would pay money for. I make money off software and affiliate marketing, for example.
2. Once you have that something you know people want to pay money for, you have to build an audience. This can be done in many ways. You can join forums related to what you are selling, advertise, create a website, and more.
3. Expanding and managing your business can be challenging. Try not to change the rules of the game so much so as to not get your customers lost in new processes every time. For this, design something solid from the start.

 

3 Ways To Come Up With A Business Idea - Alex Hormozi #shorts - YouTube

You are at like level 1, choosing what you want to do. Great but basic advice is to do something that's relevant to you, if you can't answer the question "Why me?" then it's a bad idea.

Pick the market, move on and stick with it, there's like 300 steps to making a business don't get stuck ont he first step.

 

Agree with all of these bar #3 - nothing wrong with disruption so long as you get the UX right.