Questions

I have a six month old daughter, and I have always wanted to start a business. I am thinking that now is the right time since I am not committed to a full-time job.

Great question.

I would recommend paying attention to your needs that are not being currently met in the online market place. Is there a service or product you wish you had that would help new mothers and fathers?

What ever the business you choose, make sure it is one you have intimate knowledge and experience in. Often times you can get caught in a fantasy of what it would be like to be in a business and not really focus on the reality of what you could actually accomplish.

So, with that being said, choose a business you have a passion for, have direct experience in and most important, never invest more than 30% of your savings into your business.

I have seen countless start ups do this and suffer. Starting and running a new business is a big gamble.

Good luck out there and congrats on your new family addition.

Sandy R.


Answered 10 years ago

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