Saturday, January 2, 2010

How to get started

Nobody of us is born a business genius. I wasn't and I suppose you weren't either.
Someone who has never cared for business, economics, self employment and so on may find it hard to get started. I have currently read about two girls who were thinking about opening some sort of goa-indian style store (yeah whatever). You could tell from that article two things:
1. The girls had not the slightest idea of running a business.
2. If they really open that store, they are very likely to fail

Now you might think: Hey, wait a minute, wasn't this blog all about making money without great effort? Wrong. Being self-employed, and most of my advises rely on that, is rarely effortless.
I named it indie guide, because I like the do-it-yourself idea of indie music and how everyone is able to be part of it. But nevertheless, the typical indie career as, say, a musician doesn't just happen over night. You need to practice your ass of on an instrument, then practice with your band mates, play gigs, record and so on. So being an indie rock star is pretty cool, but it involves work nevertheless. That's how the indie guide is meant.
The bad news first: You need some basic knowledge about business and economics.
The good news: It's really not that much, and once it grabs you, it may even be interesting.

So I made up my mind, and here are some potential first steps for you:
-Learn how the economy works. Understand how big companys earn their money (try to understand their business).
-Keep yourself up-to-date with trends, and think about how they can affect you and potential business plans (important, this means any trend whether it is climate change or people in western countries becoming more and more overweight)
-read the paper daily or constantly check some news and ecomony related websites (RSS feeds will help keeping you up-to-date)

Remember: Don't take things to seriously. Maybe most important of all:
Never value money other than as a tool to make more money - the only problem money can solve is debt. There are so many things that make life worth living - keep your eyes and mind open and you will see.

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