Find your passion!
To be successful as an entrepreneur you have to do something that you love. Some will tell you that they started a business because it landed in their lap or they were convinced by someone, but if you are not passionate about it, I promise you will not fulfill your dreams. So how do you find your passion?
The easiest thing to do is make a list of the top 4 things you LOVE to do. Make sure it is something you enjoy so much that it makes sense to get paid to do it.
My list is:
1. Party Planning
2. Event rentals
3. Entertaining others (lots in this category)
4. Baking
Now take each item and think clearly about what would be involved to build that type of business.
Do you want to wake up every day and do that same thing? If you answer no, then delete that idea and continue with the others.
Do you need a studio, office space or storefront?
Do you need employees or can you do it alone?
Does it cost a lot to start or can you grow it bit by bit?
Would your local area benefit from this?
After you have answered the top questions, if you think you have the ability to continue, then do some research on your type of business. Does anyone else have your idea? Are they successful?