Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Starting own company/business?
How do you go about starting your own company/business?
I'm 18 and i'd like to have my own business someday and i might as well start now :) Any tips?
4 Answers
- AE NLv 51 decade agoFavorite Answer
Do something that you have passion for, and prepare for it with classes in school, and get a mentor!
Good Luck!
- Anonymous1 decade ago
Starting a business requires a lot of work and dedication. You cannot start a business this week and expect to be earning a good profit next week.
Employees tend to have a "job" mindset whereby they worked this week, so they expect to see results this week (i.e. a paycheck this week).
In business, you don't see results like that. Take, for instance, starting a new restaurant. You'll first have to choose a location. The most successful restaurants have their own location, with their own parking lots.
If you wanted to open a restaurant like that, you'd spend a couple of months looking for the right location. Then you'd spend thousands of dollars for an architect to help design the plans with you. Then you'd spend thousands of dollars getting your plans approved by the local authorities.
And then, after all that, you'd be approved to spend hundreds of thousands of dollars on hiring a firm to actually build your building. And after that, you'd spend tens of thousands of dollars to install the interior decorations.
And then you'd spend thousands of dollars hiring employees and training them, as well as having them prepare for the grand opening.
And then, after over a year and spending over a half million dollars, you'd be ready to open the doors and start earning your first dollar.
I say this to illustrate my point: businesses take time and money up front to develop. In the longer period of time, this time and money invested up front will pay off.
But businesses take time to develop!
It is not like being an employee where you get instant results, meaning work this week, get paid this week.
Business is not like that. It takes time to reap the rewards.
I hope this helps.
- Anonymous1 decade ago
A online travel website is something to seriously consider. I prefer not to post a link here or provide details here in the answer. Locating the link with all the info and how to contact me is easy.
- ?Lv 45 years ago
it depends to your skills , or to your diploma that you got, you can't do anything , what's the field that u r good in ??? computing , electronic ?? idk