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Check This List of Businesses for Your Next Small Business Featured

Check This List of Businesses for Your Next Small Business "Ideas waiting to be had"

After all, as the CEO of a startup, I have to think like an entrepreneur. I have to be concerned with the next big thing. And the next big thing is software. How you are going to get your money back is going to depend on how well you do it.

The trick here is that there are many different kinds of software in the world:

1. In the open-source world, everything is free and open for anyone who wants to use it (think Linux).

2. In the enterprise world, everything is owned by one company or another and licensed to third parties (think Microsoft Office).

3. In the enterprise world, everything is paid for and sold by one company or another and licensed to third parties (think Oracle).

4. In the enterprise world, everything is bought and sold by one company or another and licensed by third parties (think Microsoft SQL Server).

5. In the enterprise world, everything is paid for but not sold/bought by any company/third party (think SAP).

Starting a business as a part time venture

Unquestionably, the most powerful way for a person to acquire wealth is to start a business. This may be true even as an online entrepreneur. But it is also true that only a tiny number of people make it as such. For this reason, the reason for this list is to highlight potential businesses each entrepreneur should consider starting if he or she has no other reason to do so. For example, one entrepreneur may want to set up an online store. Another could want to open a non-profit organization in his or her community. Yet another may have an idea that is too big and too risky for his or her current company, but may be willing and able to take on the project; again, just as long as he or she has no other reasons not to start a business.

Starting a Business at Home

In this article, we’ll take a look at the best ideas for being a startup in the home.

We’ll start by asking ourselves: what kind of business do you have in mind? Does it have to be a business? Maybe it’s just an idea that you want to pursue without having to worry about finances.

At this point, I’d like to remind everyone that many of these ideas could potentially be considered as a lifestyle business. What do I mean by that? Most people who are going to start a small business at home will be making most of their money from their own free time and effort. In other words, most people who read this article and decide to start their own small business will not be afraid of doing nothing all day every day — they won’t have any real time constraints or real responsibilities.

So if you are considering starting your own small business at home, it doesn’t have to be something you can afford right now (although we would say keep your eyes open for opportunities that come up). If you pay off your debt before starting your own small business at home, then yes, it is likely that you could eventually get some extra income out of your entrepreneurial venture.

Starting a Business with your Local Community

I would like to conclude this series by asking a rhetorical question: “What is the most important thing a small business owner or entrepreneur needs to know?”

A very good answer would be: “Never forget that you are an entrepreneur, not a business owner.”

This means that your first priority is to make the most of your time and resources in the current situation, and not let it get away from you.

You have, after all, only one life — don’t waste it trying to do everything. The same applies to your next business: use your time wisely, and be careful not to waste too much of your precious resources on tasks that are not as critical for growth as they are for survival. I can only repeat: never forget that you are an entrepreneur, not a business owner.

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Scott Koegler

Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers. 

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