{"id":121,"date":"2015-04-11T17:54:00","date_gmt":"2015-04-11T12:24:00","guid":{"rendered":"https:\/\/brsolutions.in\/Blog\/?p=121"},"modified":"2026-10-01T17:56:25","modified_gmt":"2026-10-01T12:26:25","slug":"how-to-start-your-first-business","status":"publish","type":"post","link":"https:\/\/brsolutions.in\/Blog\/how-to-start-your-first-business\/","title":{"rendered":"How To Start Your First Business.."},"content":{"rendered":"\n

When people ask me what the best ways to make money are, sometimes I laugh.<\/p>\n\n\n\n

Not because the question is stupid \u2014 but because, well, there really is no \u201cright\u201d answer.<\/p>\n\n\n\n

The real answer is almost anything can make money.<\/p>\n\n\n\n

The first thing you have to do is change your mindset.<\/strong> You have to start viewing your skills and experiences as bankable resources.<\/p>\n\n\n\n

You have to stop underestimating your ability to help someone with what you can provide \u2014 whether that\u2019s information, a service or a physical product.<\/p>\n\n\n\n

When you\u2019re first getting started making money on your own, the best way to get started quickly is to understand the different ways you can make money, and which one will work best for you.<\/p>\n\n\n\n

Generally speaking, there are 3 ways to make money:<\/strong><\/p>\n\n\n\n

1.    Providing a service to someone<\/p>\n\n\n\n

2.    Providing information (really a subset of services)<\/p>\n\n\n\n

3.    Selling a product<\/p>\n\n\n\n

All 3 of these can be very lucrative \u2014 it just depends on what type of business you\u2019re most comfortable with, and what type of work you want to do.<\/p>\n\n\n\n

Today, we\u2019re only going to talk about providing a service. This is also known as freelancing. <\/strong><\/p>\n\n\n\n

Why?<\/p>\n\n\n\n

This is typically the first place that beginning entrepreneurs start, because it\u2019s something you can begin immediately based on the experience you already have \u2014 and it\u2019s very simple to plan.<\/p>\n\n\n\n

This is the maxim of starting a new service-based business:<\/strong><\/p>\n\n\n\n

If you currently have (or have ever had) a job, you\u2019re capable of providing a service that someone will pay for.<\/p>\n\n\n\n

In fact, for many people, the skills you\u2019re already providing to your current employer can used directly to start your freelance business.<\/p>\n\n\n\n

\u00b7        If you\u2019re an administrative assistant, there\u2019s a good chance your organizational skills will be useful to clients.<\/p>\n\n\n\n

\u00b7        If you\u2019re a web developer, you can definitely help people build projects on the side.<\/p>\n\n\n\n

\u00b7        If you\u2019re an accountant, you can help clients with their taxes, or small businesses with their accounts.<\/p>\n\n\n\n

Now, not every job can translate directly into a freelance skill \u2014 but most can give you an indication of where your strengths are. For instance:<\/p>\n\n\n\n

\u00b7        If you\u2019re a veterinary technician by day, you can\u2019t necessarily take care of sick cats at your house. But since you love animals, and are good with them, maybe you can open up a side business as a pet sitter!<\/p>\n\n\n\n

\u00b7        If you work in IT, maybe you can start managing client websites\/doing sysadmin work, etc.<\/p>\n\n\n\n

The main issue most beginners have here is underestimating the value of their services.<\/strong> I did the same thing when I was first starting my business as a test prep coach.<\/p>\n\n\n\n

The company who hired me way paying $18\/hour for me to go to houses and teach SAT\/ACT exam prep. I thought this was GREAT money\u2026<\/p>\n\n\n\n

(isn\u2019t it funny how we judge what fair pay is based on how much more it is than minimum wage, not on how much money we actually need to live?)<\/em><\/p>\n\n\n\n

One day, I was at a student\u2019s house and saw a brochure for the company I was working with on the fridge. I took a quick peek inside and I realized that the parents were paying $100\/hour for me to be there! And I was only getting $18 of that!!<\/p>\n\n\n\n

I was a little upset at first, but then, I realized this was actually a great thing.<\/p>\n\n\n\n

I was doing all the driving, teaching and consulting.<\/p>\n\n\n\n

The company\u2019s only real task was connecting me with the families \u2014 and these families had validated that the service I was providing them was worth at least $100\/hour.1<\/p>\n\n\n\n

That validation gave me the confidence to go out on my own and start finding clients.<\/p>\n","protected":false},"excerpt":{"rendered":"

When people ask me what the best ways to make money are, sometimes I laugh. Not because the question is stupid \u2014 but because, well, there really is no \u201cright\u201d answer. The real answer is almost anything can make money. The first thing you have to do is change your…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-121","post","type-post","status-publish","format-standard","hentry","category-mobile-app-development"],"yoast_head":"\r\nHow To Start Your First Business.. - BR Solutions Pvt. Ltd. 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