How To Start A Business When You’re Not Experienced

If you’re someone that has always wanted to push their income and enjoy a little more freedom when it comes to working, then you may be looking for answers. You head to work and you do your job, but you know it’s not something that you really want to be doing. At the same time, you know that the money you’re making isn’t quite where you want it to be. You’ve heard lots of positive things about being self-employed and making a range of income streams this way. But you know nothing about business, so you’re not really sure how you’re going to go about this. Well, you’re about it. It may seem impossible to start a business when you’re not experienced, but it isn’t. Here are five options that can help to get you started.

Work For Free At First

First of all, you should think about working for free. On paper, this may sound counterproductive - but it’s the opposite. You want to launch a business but you’re not sure how you’re going to do it. You don’t think anyone will buy your services or will want to work with you. Or you want to know what it’s like to run a business. So work for free. Offer your services for free to build up a client base and testimonials, that you can then use as your experience to start charging for. Or if you’re looking to launch a product, intern with someone you respect to learn the ropes a little before you go out on your own.

Do Something On The Side

This next idea is something that you can combine with the above point, or do in its own right. You’ve probably heard all about side-hustles and you want to do your own. So go for it. Be sure to find something that you’re passionate about and believe in. Because when you’re working on it alongside your full-time job, it’s tough. So you have to love it to be able to stick to it and put the work in. Then, when things are starting to take off, you can leave your full-time thing and won’t have to worry that you didn’t have experience before - because now you do.

Start A Franchise

You don’t have experience and you’re worried about that, so why not trade off of an already established name? Starting a franchise can allow you to do this. Whether you find an available home care franchise, see a gap in your local area for a fast-food place, or do something different, trading off of their brand name is a way to overcome this. Your lack of experience won’t put customers off because they see the brand name and trust the reputation first and foremost.

Go Into A Partnership

Finally, you could also think about going into a partnership. So you may not have business experience, but you’re probably passionate about the thing you want to do. You may also have some other kind of talent that you can bring to the table. By teaming up with someone that does have experience, but lacks in whatever you can offer (even if it’s putting the money up), you’ve got a win-win!

1 comment:

  1. I agree that working for free is a great way to gain experience. Often it's a great entrance into a job as well.