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  • #979210
    samarth
    Member
    • Total posts: 1
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    Hi All,

    I have always wanted to start a business of my own. But it has not materialised. I think I have always lacked that experience or guidance in starting one.

    I am hoping I will find some inspiration from this community to start a business of my own. I am also looking for some guidance and support from others here.

    My background:

    30 years old
    education: Masters in health administration, Bachelors in Alternative medicine
    Work experience: Aged care, Alcohol and Other Drug Services, Health Promotion and prevention and Alternative system of medicine.

    Regards

    Sam

    #1112809
    Rowan@quaotic
    Participant
    • Total posts: 712
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    Hi Sam, what is it that makes you want to go into business for yourself? what particular area do you want to specialise in? with your skills there are a heap of opportunities for you out there, you just have to narrow them down.

    Let us know a bit more about where you want to be and what you want to do and there are many people here who can give you great advice.

    #1112810
    Geronimo
    Participant
    • Total posts: 237
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    Hi Sam,

    Starting a business is a lot like having a baby. The first couple of times you’re never totally ready, and you will learn on the job. Therefore, you just have to jump. It’s the quickest way to learn.

    Understand that there is no shame in trying and failing. With what you learn, you will do better the next time.
    As a practical consideration however, put your toes in the water in a manner that doesn’t require loans and significant financial outlay if possible. You want to be able to fail without it destroying your financial future.

    Just jump.

    #1112811
    Past-Member
    Member
    • Total posts: 1,815
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    Dear Sam, I suggest you find something that you are passionate for, or at least interested in, for a business. There’s going to be a lot of long hours initially, so you need to like it. This may, or may not, be related to your current skills.

    I have no financial interest in this book, but I recommend it – The Flying Solo book is really worth purchasing and reading. http://www.flyingsolo.com.au/book

    Something will spark your interest and then you can put the legal and practical steps in place.

    Find something you love.
    All the best.

    #1112812
    4N_Man
    Member
    • Total posts: 122
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    Hi Sam,

    Good on you for wanting to have a go. Business is very rewarding but can be very difficult in the early years. Best advice I can give is – approach business in a very rational frame of mind and get lot of advice. You don’t say where you live but I’m sure there are plenty of people out there who can assist you. I’d suggest you call your local Business Enterprise Centre (BEC) and talk with them. Also look for local networking groups and pop along. You’ll get good advice that will save you time, energy & $$$, you’ll meet good suppliers and who knows, once you put it out there a great opportunity will probably arise. I know in my networking group most business people are very happy to help newbies get going.

    Good luck mate,

    #1112813
    Divert To Mobile
    Member
    • Total posts: 2,751
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    Hi Sam,

    Welcome, this is a great place to get some motivation and support. Ask and you shall receive.

    Steve

    #1112814
    Robert Gerrish
    Member
    • Total posts: 1,274
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    Hi Sam

    It’s terrific to have you here. You’ll find the community to be a very generous and sharing group…I look forward to seeing you around the boards!

    Robert

    #1112815
    Mark Jeffreson
    Member
    • Total posts: 36
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    Hi Sam

    I’m a newbie here too and this is my first post.

    There is a wealth of information to be found both here, in the public domain on the internet, and in the miriad of support services that may be found in local councils, community and industry business groups, Business SA and so on and so on. Just Google some key words and start surfing.

    Could I just submit that one of the fairly obvious barriers to starting your own business is risk. That is essentially the depth and temperature of the water into which you dip your toe. Before leaping in, therefore, I’d suggest you counter those risks by doing some basic business planning (there are guides and how-to kits available), and establish a lifeline to wherever you’ve come from. This may take the form of securing a return to your former occupation, or having a reliable option or 2 for alternative employment or business to turn to in the event of failure.

    All the best with it!

    Mark

    #1112816
    tonyk
    Member
    • Total posts: 1,430
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    I think the first thing you need to do is find out what you’re passionate about, and then do as much reading as possible on what it takes to turn your passion into a viable business. Best luck with it all :)

    #1112817
    The Hobbit
    Participant
    • Total posts: 309
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    tonyk, post: 125934 wrote:
    I think the first thing you need to do is find out what you’re passionate about, and then do as much reading as possible on what it takes to turn your passion into a viable business.
    Dead right, whatever you choose you will have to live and breath it for at least the first five years, so it had better be something you’re passionate about. And lots of research and planning; but most of all be realistic. No surveys of just family or friends. Remember your friends are usually your friends because they have similar interests therefore they will tend to like the same things as you plus they’ll want to be supportive.
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