DIGITAL STARTUP SOCIETY BLOG — Employee to Entrepreneur

Getting your business started can be the most complicated, overwhelming, and essential part of your business. Not knowing what to do or ignoring what is required to succeed can make your path to success more difficult. It can also hinder it altogether as there are many things you need to understand in the first phase of the business to be successful. Without these key components, you will likely make a few mistakes or miss a couple of deadlines as you work to get back on track.     The following are a few tips to help get your small business started...

While it's common advice to wait until you start generating money to register your business, this can lead to many mistakes and consequences down the road. Once you have a business idea, it is always best to get it registered to protect yourself and solidify your commitment to becoming an entrepreneur. In addition, waiting to register can prevent you from doing the necessary work required to be successful. For example, you need to have a business license to purchase insurance.    Here are the five steps to follow to register your small business:  Step One: Find a Business Location First,...

Wanting to be an entrepreneur and having control of your own life is the desire of many. However, it can be hard to know what businesses even to start. Thankfully, with the internet, social media, and other technology, there are many different business ideas you can get started easily from your home with little to zero start-up costs.   Here are four small business ideas to start as a new entrepreneur: Mindfulness and Meditation Coach Just about everyone suffers from anxiety and is looking for ways to find instant relief. If you have a passion for calming anxiety or enjoy...

If you want to ensure you are on the right track to becoming a successful entrepreneur, you need to pick a profitable business idea that aligns the best with you. If you don't understand or care about the concept you are trying to pursue, you will more likely create products that don't provide value or are of poor quality as you lack the desire to research or improve your skills.    The following are four essential tips to keep in mind when picking the right business idea for you:  Recognize the Life You Really Want to Live In other words,...

Finding a niche for your business to focus on is a great way to create a reliable and consistent income stream. It also makes marketing and learning about your target audience easier. A niche defines a specific group or subset audience within a larger group or topic. For example, instead of clothing, think graphic T-shirts or leggings. These are a few examples of profitable niches within the fashion industry. As you can see, breaking down your business into a specific niche makes it easier to define your target audience and better solve their problem.    Here are a few tips...