A Guide for Women: How to Come Up with a New Business Idea | BUSINESSUITE online

A Guide for Women: How to Come Up with a New Business Idea | BUSINESSUITE online: "Even the most motivated female entrepreneur can struggle with deciding on the right business idea. If you want to become self-employed, but are not sure what type of business you want to start, it helps to consider the following:
What do you want to get out of the business?
What is your passion?
 What are you good at doing?
What would you like to learn to do?"

Whether you just want to be your own boss, or become financially independent, the road to success starts with a sound idea. It is important that you are honest about your strengths and weaknesses when considering becoming an entrepreneur, and no matter what business you start, it also helps to be resourceful and have strong networking skills. But before you decide, you do not have enough business smarts or skills to become an entrepreneur, it is important that you read books and articles about the prospective field or about business in general.

Conventional wisdom says that you should choose something that you are passionate about and that you are fully committed to growing the enterprise.  Starting your own business will require time, energy, and sacrifice. If you choose something that does not interest you or are not particularly fond of, you will find it harder to succeed. To determine this, ask yourself the following questions:

• What do you do in your free time?
• Do you have a hobby that could be turned into a business?
• If you could have any job you wanted, what would it be?

The next step is to ask yourself, what are you good at doing? Your talents might be obvious to you if you are a musician, artist, or photographer. If you already have a profession, you might want to start your own private practice.  And maybe you have a hobby, like dressmaking or hairdressing that you know you could market. But what if your talents are less obvious?

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