How to Start a Business

We at The Entrepreneur School are all about starting businesses that require little start up costs.  One way to search for these types of businesses is to pay attention to what your friends, family, and colleagues are asking about, are discouraged about, or need help with and see if you can assist them for a small cut.

One need I see over and over is helping people sell things online.  I come across people quite often who are cash-strapped and would be greatly assisted financially if they could sell or rent something they own.  Take something as big as a house, condo, or apartment.  Do you know anyone losing sleep over their inability to sell their house?  Instead of trying to sell the house in a down market, why not try to rent it out and let someone else pay your mortgage?  Well, there are many people who don’t know how to list their place on Craigslist or on a rental site.  I have rented out my condo twice only using Craigslist.

Or what about some extra furniture.  I just got married and had some furniture I needed to sell.  It took very little time to sell the items on Craigslist.  I recently sold an unnecessary wireless router on eBay.  And I even advertise my violin playing online through Google Ads.

Do you see the business opportunity here?  Pay attention to your friends and family and what they need to sell right now.  Help them sell or rent something they own and take a 10 – 20% cut of the sale.  No start up costs.  Very little risk.  A nice little addition to your income stream while you help out your family and friends.

Send me a reply comment if you need help selling or renting anything you own in the Atlanta area.

Related posts:

1. New Business Idea – Insurance Consultant
2. New Business Idea – Sleep Management
3. Five Ideas to Get Your Business Going
4. Need an idea for a business? WhyNot?
5. How to Know If Your Business Idea Is a Home Run + How to Decide Which Project to Green Light or Do You Have a Hog?

1 Comment

1.   Low Risk Entrepreneurship As a Retirement Plan | The Entrepreneur School Blog | Soul Hangout   |  Wednesday, 21 July 2010 at 8:48 pm

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