In business how do you find the perfect business opportunity? It might seem complicated when you are starting out but there are some basic rules you can follow to find the right business niche for you. This is a beginners course for any young person who is starting out in business or even an older person who is starting out in business for the first time.
Let us start with the golden rule. What are you interested in? There is no point in spending the next 5 or 10 years managing a business that you do not enjoy. Are you interested in sports? No? Well what about reading? List half a dozen things that you are interested in. Surely you can find 6 hobbies or interests that interest or stimulate you?
Okay, now we have narrowed it down to 6 possible business avenues. Now go on the search engines and see what the competition is like for each of your niches. This is especially important if you are thinking about creating a web business. See those little adverts on the right? They are called sponsored links. You have to pay to be there. How many pages of adverts are there? Scroll down and go the next page of sponsored links. Count the number of sponsored links per page...