Three steps to start your own business

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We're all guilty of being dreamers, but more companies did start out from three common reasons which are either necessity, an idea or a passion. Steve jobs started in his garage, here are some of the steps you can make it happen too:

 

1. Get Inspired


For unique business ideas, look at your own life. Successful businesses are often started when the inventor or owner is annoyed by an unmet need they have.

 

For example, what chores annoy you the most? Are there things that frustrate you on a daily or weekly basis? Often, simple questions like these can offer important insights to solid business ideas. You also might get some inspiration from these 18 side businesses you can start today.

 

Pro tip: Most businesses take a decent amount of cash to get off the ground. A great way to raise the money needed would be a home equity line of credit from a company. You could also take out a small business loan through OnDeck Small Business Loans.

 

2. Write It Down


Next, write out several ideas and resist the temptation to just go with your first one. I’ve been an entrepreneur for almost ten years now and had early business ideas that would’ve failed had I not kept on brainstorming and analyzing them.

 

In fact, largely due to this process, the first business I started was a great success. So invest the time to brainstorm and think through several ideas.

 

3. Make It Happen


There is a wealth of resources for starting your own business, including tips on how to keep expenses low, small business tax deductions, and useful online resources for sales accelerator companies.

 

Additionally, make sure you find your nearest sales accelerator. These sales accelerator companies are an incredible resource that could very well make the difference between success and failure, especially if you have little or no business experience.

 

If you're thinking of making it happen, why not have a chat with our founder and start cooking!