The most profitable business understands the art of filling a unique need, starting in a fairly localized market. (Of course, with e-commerce, the term localized has taken on new meaning). But the most important feature of my answer is this: Make sure you love what you do. If not, you are simply using your seed money to purchase another "daily grind" job that doesn't make you smile when you wake in the morning. Barbara Winter, known for being "Joyfully Jobless," and for writing the book *Making a Living Without a Job: Winning Ways For Creating Work That You Love*, coaches people to pursue the things they love and make a profit doing it. Perhaps you can grab her book and get the newsletter to help direct your investment choice. Good luck!
by hbond2000 - 6 hours ago
Start a business that you enjoy doing, for example if you like to play soccer, you might consider opening up a soccer sport store. The more you like your job, the more you will be committed to it
by twentyalready?! - 6 hours ago
Our good idea may not be your good idea. Your good idea will be something that you love doing. What do you love to do? What is your passion? With your passion, do a market research to find out does your passion fills the need of the market. That will be your good idea.
by skyjoe76 - 6 hours ago
bottled mineral water...
by sepolavi - 6 hours ago
How about a McDonalds
by Andy's Mom - 6 hours ago
Overcoming Writer’s Block: Your Work Environment
As the process of writing involves concentration, you’ll find that your work environment can be the very reason for your...
How Sharp Brands Handle a Corporate Crisis in the Social Media Age
Not every organization will face a crisis. From offensive social media posts to offline crises, such as data breaches, a...
The 4 Changes That Won Me $2 Million
A few years ago, I came home from yet another day where my business meetings had nearly overlapped. I had had to pencil in...
Stop paying an allowance: A Business Rockstars Minute
Do you pay your kids an allowance? Maybe it isn’t the best way to go. In this Business Rockstars Minute with Ken...
The Agony of Defeat: Why Lost Business Reporting Isn’t Helpful
Do you get the Win-Loss report? You really ought to get yourself on that list. If you don’t know the Win-Loss, it’s the...
Feeling the Sting of Recent Rotten Reviews on Yelp?
Ratings and review sites, such as Yelp and others, have been in the news lately and not for the right reasons: Accusations...