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Karen Wardle
  • Total posts: 363
John Debrincat, post: 27834 wrote:
The key thing that I would recommend is to write a business plan and develop a budget you can afford. Over the last few years I have seen hundreds of new online businesses start. The successful ones had a business plan and most of the failures did not. A lot of the advice that has been given in this stream is very good but it all comes down to a PLAN. I know that it is easy to say and harder to do but just write down your ideas and get a few trusted friends together and critically review the plan.

I agree, you need a plan. I would try to find some experienced business people to review it though and not just count on your friends. Friends are good, if they have business experience, but even then sometimes they are reluctant to say what they really think as they don’t wish to hurt your feelings or criticize you.