In life, either you have business opportunities or you have jobs for work, or some other freelance work opportunities as well as some volunteer social work activities.
It all depends upon what kind of personality type you are and what you are inclined and passionate about in life. Everyone may not be suited for business and it definitely is not for the faint hearted. It involves risk to lose your money or to make a lot of money.
Few people and personalities are made for entrepreneurship.
It just runs in their blood. On the other hand, few are made to do jobs.
Both are right in their own way. The bottom line is that you should choose carefully what you are made for and how committed you can be with your business venture even in the times of adversity.
We will focus more here on general and upcoming variety of opportunities.
All have their own pros and cons…
The first one is expensive to risk. It may range from USD 50K
to USD 50 Million.
The second online business opportunity may require a small investment but a lot of hard work, time, sweat and perseverance. Again a very hard to find a success combo.
The third is safe but will provide only limited income.
The fourth one for those only when you are not focused on much earning.
What should you do. Well the choice is yours. And entirely yours.
But I can help if you opt to ask....
Therefore, I advise all to base their decision on the three main pillars
· Meaningful – to you (with passion) and to the customers
· Manageable - you should be able to sustain and maintain it for at least 10 years of your life time
· Monetizable – you should be able to earn from it from USD 1000 to USD 100K every month in the future
If these aspects hold true in any business, you are on the road to success.
Six Sigma also emphasizes to base your decision on some facts and hard data. So here comes the role of business feasibility study which helps you to provide a better projected insight about the future of the business.
Whether brief or detailed, whether only in the mind or on paper, there should be some business feasibility in place. But if you are just doing it as a hobby and you don’t want profits, then of course forget about it.
Please also note that when the word ‘business’ comes to your mind, you should think clearly and should automatically think ‘profit’. No business is a business if there are no profits, it will soon die its own natural death.
On this page, we will bring you some recommended third party opportunities which you can review based on your own passions and interests and which you can invest to start your own business.
Stay Tuned. And keep visiting this page for updates...