Some Thoughts on Starting a Side Business in a Down Economy

Spend less than you earn doesn’t just mean cut back on your spending. It also means striving to earn more income when you can, because the real goal is to maximize the gap between your income and your spending and then use that for a greater purpose (saving for your goals).

When the economy is good, there are a lot of ways to increase your income: hunting for a new job, asking for a raise, switching careers, starting a side business, and so on. Unfortunately, when the economy is down, many of those options are much more dangerous than before – people are afraid to rock the boat at work because of fears of layoffs and the job market is pretty tight as well.

In a down economy, I believe the best way to set yourself up for more income over the long haul is to start a strong side business. A side business started today will be ready to really thrive as the economy begins to rebound and people begin to spend their money more freely. Better yet, many good side businesses don’t have a tremendous amount of startup cost, so you don’t have to put yourself at personal finance risk right now.

You can do this. Many, many people believe that they don’t have what it takes to make such a thing succeed, especially now in terrible economic times. That’s simply not true. There are many, many ways to make extra money no matter what your skills are.

First off, at first, it’s useful to think of a side business as a hobby with benefits. Don’t worry too much about choosing the activity that will earn you a lot of money.

Instead, start off by thinking about the things you enjoy doing. For example, my mother truly loves young children – babies and toddlers. Few things make her happier than rocking an infant to sleep. Thus, for a while, she’s considered opening up a very small in-home daycare, simply because she personally enjoys the experience so much.

The Simple Dollar started off as a side business in a sense. I never anticipated it would earn very much money, but I knew that I enjoyed writing and felt I was at least moderately skilled at it. It was a great way to funnel my energies into something that could help others and might potentially earn a few dollars.

What do you truly enjoy doing? Don’t answer this immediately – it’s much more effective to start a list and keep it over a period of time. Write your ideas down now, then leave the list out somewhere where you’ll routinely bump into it.

Also, it doesn’t have to be something that others consider fun. It’s about what you enjoy doing. What things do you do that leave you feeling good after you do them?

After a week or so, take a look at all of the things you’ve written down. Somewhere on that list is the perfect side business for you. The trick is finding it.

Try brainstorming a few different ways to earn money for each of the items on the list. Let’s say, for example, that you wrote down “prep sports” as an interest. Perhaps you could become a referee. Perhaps you could start a blog discussing prep sports in your state. Make a list of all of these ideas – two or three or four for each thing you enjoy.

What you’ll find is that some of the ideas sound unappealing and others sound merely okay. What you’re looking for, though, is the one or two items on the list that fill you with excitement. You’re getting close.

If you have a small handful of ideas, whittle them down by eliminating ones that would require a large initial investment and also eliminate the ones that seem like they might wear on you with a large investment of your time and energy.

What you’re left with is something with potential. It’s something that can fill your spare time with something you enjoy. It’s something that can earn you some extra money on a regular basis.

So now what? You have your idea. Now get started. Let the idea fill up your spare time – devote at least an hour or two to it each evening. Don’t necessarily seek income right off the bat – instead, figure out what you’re actually doing by learning from others who are doing similar things (the internet is a fantastic resource for this).

More importantly, try, try, and try again. Don’t just sit there attempting to formulate the perfect idea. Instead, give your pretty good idea a shot. If you fail, great – learn from it and try again. Try as often as you can.

I’m reminded of a great story I read a while back, originally told by Alison Woods:

The ceramics teacher announced on opening day that he was dividing the class into two groups. All those on the left side of the studio, he said, would be graded solely on the quantity of work they produced, all those on the right solely on its quality.

His procedure was simple: on the final day of class he would bring in his bathroom scales and weigh the work of the “quantity” group: fifty pound of pots rated an “A”, forty pounds a “B”, and so on. Those being graded on “quality”, however, needed to produce only one pot – albeit a perfect one – to get an “A”.

Well, came grading time and a curious fact emerged: the works of highest quality were all produced by the group being graded for quantity. It seems that while the “quantity” group was busily churning out piles of work – and learning from their mistakes – the “quality” group had sat theorizing about perfection, and in the end had little more to show for their efforts than grandiose theories and a pile of dead clay.

Go out there and try something. You’ll probably fail, but learn something from it. Get back up and try again.

Don’t spend hours and hours sweating over making a blog post perfect. Write something, edit it a bit so that the big ideas are clear, then share it.

Don’t worry about being the perfect referee. Learn the rules and procedures of the game, then go out there and try it.

Don’t worry about knowing how to handle every computer repair task. Master the basics and be able to back it up with good documentation, then get started.

Most important, don’t worry about maximizing your profit. Instead, focus on enjoying what you’re doing and building a positive reputation as you learn and improve. Eventually, you’ll reach a point where you’re in demand because you’re both skilled and you have a positive reputation – and then you’ll be able to earn quite a lot.

Good luck.

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64 thoughts on “Some Thoughts on Starting a Side Business in a Down Economy

  1. Michael says:

    Good advice, thanks.

  2. Ariel says:

    I’ve considered three types of side businesses (tutoring, health coaching, and photo editing), but I haven’t done more than consider because I’m afraid that the legalities of starting a side business would be too confusing or expensive. I would have to register that business with the government somehow, and I don’t know what’s involved in that. I don’t know how to become familiar with the laws that would govern such businesses. I’m also afraid that I wouldn’t be able to handle the tax mess that comes with a business. Any suggestions for people who are paralyzed by the hassles of *starting* a side business?

  3. MJ says:

    I have thought about starting a side business in either PC repair or woodworking, but am finding it hard to figure out where to start. I fix computers all the time for friends and family, but I would never charge them. My woodworkings, I build toy boxes and things like that, but I have no real way of marketing it. Ebay is a waste of time and energy, I just wish there was an online market place outside of Craigslist.

  4. Great advice.

    I just posted this morning on my blog about this topic. My employer is forcing us to take 5 days off unpaid every 3 months so I’ll be using that time to focus on my photography which I sell online. http://www.itsfrugalbeinggreen.com/2009/03/generating-passive-income-during-time.html

  5. Chris says:

    What a timely and great article. This is exactly what I have been doing when I resigned my job in California to help out family in Illinois. While I search for the next role, I had one business idea I have wanted to try for years. Now I have the time to try it. Shockingly, I am even trying my hand at blogging to follow my trials and truibulations.

    I set a budget of what I wanted to spend and am actually trying to automate the heck out of it so when I do start working I won’t have to handle to much with it. I am have been pleasantly surprised the resources out there, even from amazon to make your life easy.

    It has been a wonderful experience so far even though it is not far in the process and the feedback I have gotten from others has been great.

    Don’t let fear stop you. Making mistakes is how we truly learn how to do things!

  6. ceejay74 says:

    I’m with Ariel; my wife is starting to take in a little mending and alterations while she’s laid off, and may make some custom clothing for people as well. Does she need to do something about sales tax? I have no idea about how that works. I don’t think you have to necessarily register with the government though, Ariel; we’ve done freelance writing and I usually just keep records of income and expenditures and fill out a couple extra forms on my federal return (Schedule SE is for the self-employed tax; Schedule C is how to report income).

    But add in a physical product like the clothing my wife is thinking about producing and I think it gets a lot more complicated…

  7. M says:

    Trent, you seem to have been reading my mind.

    I am in the same boat as Ariel.
    My husband and I love wine (it is our one and only hobby). I have been toiling with starting a side-business that not only makes wine to distribute, but also has wine-parties where customers can buy wine.

    I am finding that the state laws are very difficult to distribute wine both in-state and out of state. Not to mention, we’d have to make several batches of wine to start (approximately 10-12 batches of wine minimum) to be able to appeal to the majority of our customers. If customers do not like the dry wine (and we dont either), then we’d sit on it.

    I’m sure it’s all just road-blocks that I’m creating in my head…once those are gone, I’m sure we could start and thrive.

    Thank you for the article, Trent. It gives me alot to think about.

    ~M

  8. Craig says:

    I like your term side business as a hobby with benefits. I recently started a personal movie blog and think of it as the same way. Doing it first as a fun hobby but would of course like to one day make some minor side money out of it.

  9. Rich says:

    Trent,

    As Ariel point out, the unknowns of starting a side business can be a major hurdle. How about a how-to article explaining in detail how to register a company, etc?

  10. Ivy says:

    For those who worry about the legality, I’d simply start out as a cash or barter based business. And if things start to get rolling then legalize it (and pay someone else to help you). I mean, the government isn’t going to come arrest your wife because someone paid her $50 to hem some pants. And the IRS won’t explode because you made $300 last month repairing computers. And if the morality of that bugs you, then barter at first. Websites in exchange for free haircuts or alterations for produce from the garden.

    Sure, if it grows bigger than that yeah, it’s time to go legal… but start out simple before you spend the bucks. And if you want to take business exemptions, then yes you must be legal. But I’ve known people who’ve test run businesses for months before “going legit.”

  11. Ritter says:

    As for those wondering about registering with the govt–we just kept records and had a resale certificate (we sell used books online) and collected sales tax and claimed it on our taxes–and then the city hit us with a big fee because we hadn’t registered properly for a license. Didn’t know we had to. Had thought the resale thing was enough and our tax guy didn’t tell us if we claimed it on our taxes, we’d get city attention. $300 in fines. Not fun.

    There are small business bureaus and help online to get info on what your city and state require. Wish I had paid more attention to all of that when we got started.

  12. Megan says:

    @MJ Have you checked out etsy.com? It might be just what you are looking for.

    Trent, thanks for your timely article. I have been batting around a couple of ideas in my head over the past few weeks. Like other posters above have mentioned, all the rules and regulations seem imposing. I know it would be hard for you to go into specifics due to differences between states and municipalities, but maybe you could walk us through what you did to formalize TSD?

  13. Jonny says:

    @MJ I second the etsy.com recommendation. I’ve bought several things from them and it’s a great way to get started.

    @Ariel It’s NOT that hard to get a business started. There are tons of resources on the web, including your state website. You can easily start as a sole proprietor, if you sell something other than a service, then you need a tax license & ID as well. As far as taxes themselves, I just use an accountant…and that is a business expense, too.

  14. Scott says:

    The best way to get started, once you have your idea, is http://www.score.org. This is a volunteer organization of folks who have been in business for a long time. They hold seminars to help you get started, find out what licenses you’ll need, if you should incorporate or become an llc, you name it. The best part is the advice is FREE.

  15. The Personal Finance Playbook says:

    Just to add to the other comments. If you have potential business liabilities, you should have a business entity, but these are relatively easy to set up through your state’s Secretary of State website. Also, in Kansas City, I know the law school has a program that gives free business planning advice to small biz and entrepreneurs. If there is a law school in your area, you might check with and see if they have a program like this. Good luck.

  16. Dana says:

    Starting a business is an investment. In a way, it’s not unlike education. You pick something, give it your best, and hope all money, time and hardwork that you put in somehow pays off. There’s a level of riskiness that parallels the two ventures.

    We hardly ever say that our chosen education has failed us. Although statistically, if one looks at the number of uninspired people working in their respective chosen fields, the percent of dissatisfaction probably rivals business failures.

    But that doesn’t stop most people from getting an education. So why should the fear of failure stop someone from pursuing a business idea?

  17. Michele says:

    I sell things on eBay and have enough transactions to call it a business rather than a hobby. Just call it a business – and claim it as such on my taxes. You need to keep records of what you make and what you spend to run the business.

    Other things I’ve thought of doing – babysitting in my home, organizing people’s photo albums, doing calligraphy on wedding invitations. I agree that you should start with things you like to do. Once you do it as a hobby, you can do some work for free for friends, and once you are comfortable with that you may be able to start charging others for it.

    Don’t forget to check local laws for certain businesses. Also, an umbrella insurance policy is always a good idea.

  18. kj says:

    Good, timely post. When looking into regulations and starting a business, check whether your current employer has any rules about second jobs or other sources of income. Some may have conflict of interest clauses that require employees to get approval before doing any money making activities outside of work. State agencies and universities are examples of employers with rules like this.

  19. Bekki says:

    I’ve actually spent the last year or so considering a side business. I worked for 9 years as a floral designer and absolutely loved it. However, I had to quit doing that full-time to manage the books for my husband’s business.

    We just moved into a bigger house (having a baby any day now) and the basement has a workshop room with work benches, shelved and cabinets. The owner used it to teach painting classes.

    Anyway, I’ve always loved making silk floral arrangements for my home, and decided that now would be a good time to make them to sell! I do the occassional wedding and party on the side, but I could do silk arrangements and sell them online – plus, the product won’t die like the fresh flowers!

  20. Daniel says:

    Yes, this is a good motivational post. I have slowly been teaching myself web design for the last year or so. Still doing sites for my family members and friends as the learning curve has been long for me. But I am enjoying it, and hoping to make some revenue this year.

    I recommend the Nolo press book on starting your own business. I haven’t really gone “official” yet – but that book has a very clear outline of all the legal and tax aspects of starting your own business.

  21. Cathy says:

    This is absolutely true. How we get out of recession is to start innovating. When we start innovating is finding where there is a need. Innovation starts with small businesses and individuals with ideas.

  22. Neal Frankle says:

    I should start a business providing career counseling to financial advisers! (Maybe that’s not a bad idea….)

  23. Cyllya says:

    I’ve been trying to work on a video game business, but the products take forever to finish! :P

  24. Kim says:

    I’m starting a travel agency. My hubby and I have a goal to equal his income in 3 years with a number of side streams of income. We plan to use the first 5K per year for our vacations and the remainder to be split equally between emergency fund, college savings , and retirement savings (we already save 14% in 401K, but every bit counts).

  25. Brandon says:

    I saw this coming, so I started about 5 side businesses several years ago. Everyone talks about it, but it’s true…mutiple streams of income is the only way to stay above water some times!

  26. Trent,

    Great article. My wife and I started a small business about three years ago. We began it out of our house…just as a side business. It is now a great blessing and is all we do. We have the flexibility to work as hard as we want even in this economy. Personally, I would shy away from MLM type opportunities. Our service is a monthly membership service – I highly recommend looking into a residual type business that allows you to create a service and build on it. The internet is a perfect place to provide this type of business model. Create a service that helps people get through the rough times. Provide something that inspires them and price it so that you can have many clients. Don’t try to make a lot off of few…make a little from many. It will add up…fast!

    It’s hard work, but so worth it!

    God Bless,

    Matt Sullivan

  27. mona says:

    Great tip!!! I could make baby quilts to sell on Craig’s List or Ebay. I love making quilts – I have already bought a ton of fabric – before I started reading your blog – and maybe someone will want to buy them. Thanks Trent!

    I envy you so much living in Iowa. I left 6 years ago and miss it every single day.

    Thanks for the blog!

  28. Andie says:

    Trent,

    Great post! While side businesses are not a “get rich quick” scheme, they can provide significant income. I started freelance writing from home 7 years ago, and now have a 6-figure business.

    The thing about businesses is that you work super hard to get the ball rolling, then after a couple of years, the business starts working for you. And as you know, at home information businesses have almost *no* dedicated overhead. This makes them easy to start and not super risky.

    Home businesses rock!

  29. Chef says:

    Wow – started reading and was thinking there wasn’t much for me here, then you mention referee. I love sports and have thought about that in the past, but never gotten into it. Solid post.

  30. Stacy6 says:

    Trent, I can’t begin to tell you how much I appreciate this article, especially the pottery class example. I’ve been selling on Ebay for the last few years, but it’s been more and more of a hassle, so as of Monday I’ll be renting a small space at a local antique mall. I love treasure hunting, and this will let me focus on the most enjoyable part of the job/hobby. What you’ve written here is amazing encouragement to diversify my efforts and try lots of new things. From the bottom of my heart, thank you.

  31. JP says:

    Trent, great post! I completely agree that this is a great way for a person to secure a better future. In fact, some friends and I just started our iPhone software develoment business in your neighboring state – Nebraska!

  32. Studenomics says:

    I have been blogging for a few months and I have a question for everyone; do you consider this to be a side business? The reason I ask is because I find it to be more of a passion/hobby. There are so many blogs out there and so few earn any real money. I find that many people get into blogging thinking that they will make some incredible amount of money when in reality it takes forever to get that first google payment.

  33. Very inspirational post. I’ve been thinking about starting a side business for a while. I want to make homewares to sell online. I keep putting it of because I don’t have time to make anything. You’ve reminded me to make an effort to make some time!

  34. Great article! Some people think you have to start a business full time and quit your day job – starting one part-time is a great suggestion. Thanks for the helpful info!

  35. Laura Jo Richins says:

    I love to learn. I read books and blogs, attend seminars, and listen to CDs. When I signed up for a membership in a new online education resource, http://www.iLearningGlobal.tv, I was doing it to education myself for my virtual assistance practice. What I found instead was an incredible resource that my entire family started using.

    Because of that, I decided to market this online resource to other families. Now we offer a 52-week program small business training package that brings the world’s experts into the business via HD quality video over the internet.

    I’ve now created another business that is a win-win for me and for the people I work with.

    Thanks for your great post!

  36. I really like the idea of thinking of a startup as a hobby, unfortunately venture capitalist probably won’t… lol

  37. Thanks for the good advice. Steve Pavlina recently said something similar in regard to blogging, you get better the more you do so don’t strive for perfection, just keep plugging away.

  38. Matthew S says:

    Wow, I guess I’m going to have to go against every other comment on your post so far. In the context of your article, your advice makes sense. If you’re content with a hobby with benefits (It will possibly morph into your future job if you’re successful) then great. If you want to start a business to become financially independent, then I would maybe suggest another route. Playing around with a hobby as a business generally does not make anyone wealthy. Research, research, research and hard work generally make someone wealthy. I’m not there, but I speak for others who have done it. You have to know your market, your suppliers, your potential customers and your plan for growth if you want to become monetarily successful.

  39. Gabriel says:

    This is exactly the message that I try to convey in my small business blog. Too many people sweat the details and let opportunities pass them by. It’s best to just give it a try, learn some new skills, but mostly to have fun!

  40. Kevin says:

    Great post for the time we are in these days. We starting our side business and it has provided the income that makes ends meet.

  41. Kevin says:

    Great post for the time we are in these days. We started our side business and it has provided the income that makes ends meet.

  42. Suzanne says:

    I thought this was a great post–inspiring, motivating and, most importantly, detailing how I myself could do it. Thanks!

  43. viola says:

    For all you that want to sell handmade items, try Etsy. The listing fees are only $0.20 per item, and then you pay a fee when it sells. I think it’s 3.5%. There are a lot of other people on it, and they do widescale advertising to bring people to the site.

    If you want to turn a hobby into a business, you have to 1) have something or some idea that is unique and 2) be very passionate about it to keep going.

  44. TheHolyFatman says:

    I was recently laid off and in a fit of boredem/desperation I took a job with a small business owner in my area (after years of commuting for 4 hours daily!) I went to Art college over ten years ago for Fine Art Photography and never thought I could ever do i as a living. NOW–that I have some money saved, can manage my funds and my child is nearly in college, the job I took was with an established wedding photographer. This has jump started both my husband (also went to art college) and I’s interest in doing alternative things with Photography together. We have a FULLY functional darkroom that has remained largely unused due to lack of time and the interest in film as a “dying art form” has gotten to a point that people are willing to pay for the novelty of film work as opposed to Digital imaging. We still do digital, but we are equipped enough to do film work as well with little or no overhead investment.

    Working with the Professional photographers in an official capacity has taught me the basics of the market and what people are looking for. I’m completely content with doing this and will have a great time being my own boss for a change!

  45. christine says:

    Continuing ed and community colleges have classes on starting small business.

  46. christine says:

    Continuing ed and community colleges have classes on starting small business.

  47. Steve says:

    Starting small or part-time makes sense in many situations, reduces risk, and hopefully eliminates or minimizes the need for debt. Highly recommended. Some don’t have that opportunity though as they have lost their jobs. Even in that situation starting up small with what you know can be a way to avoid debt and get started. The thing that keeps people from pursuing financial freedom is just not taking the first step. As you say, just do it!

  48. Mark says:

    Good proactive ideas Trent. Once a person loses their job, it becomes more difficult to even consider running their own business. They are usually emotionally downtrodden and not in a position to take much of a financial risk. In addition, self-employment activity could interfere with their ability to draw unemployment compensation. Your article is a good reminder to be looking ahead. One never knows when their financial rug may be pulled out from under them- especially in the current economy.

  49. celeste says:

    that story wasn’t originally told by Alison Wood — it’s from the book Art and Fear.

  50. Nancy says:

    I have been a full time secretary and part time pet sitter for many years now. I do the pet care before I go to work, on my lunch hour and after work and weekends.

    My suggestions: NEVER let your business interfere with your full time job (i.e., don’t take calls, make flyers, etc. on company time or be late or have to leave early because of it). Be prepared to use vacation days if you have to during busy times. Tell your family and friends what you are doing and why. That way, if you can’t attend EVERY social function or have to bow out of some commitment that you normally do, they won’t be upset with you. Do an excellent job – word of mouth is the best advertising. And take care of yourself!

  51. I agree that now is the best time to start a side business, especially an internet based business. I talk about options on my blog for home based business opportunities that actually work after you put in the hard yards. Great post Trent.

  52. Dawn/FFL says:

    A few people need to start a side business that provides confidence and research to those who are unsure if they should start a small business.

  53. Great advice– starting a side business will pay dividends now and in the future.

    I am a big supporter of this approach– it has saved me many times.

  54. Great post, Trent. Starting a home business is the way to go. The Internet really levels the playing field. I like your attitude of not waiting for things to be perfect, just get in there and start at it. I learn something new each month about doing things better with my websites.

    You are a positive voice for all of us. What a great topic at this time of our lives. Nice job, buddy. You always come through with important and timely pieces for us.

  55. Carrie says:

    I just published my first iPhone game created as a side business for the past two months. It was quite rewarding, plus it enhances my resume too.

  56. Yours Truly says:

    Thanks for this article! You (and this exact post) were the motivation for me to finally start my own blog. It’s going to be kind of like a weekly column where I just talk about things (and money issues) that I learned.

    Thanks again, and keep up the great work!

  57. KeptWench says:

    etsy is excellent and it has many resources on site to help folks who are new. You can’t use it to resell commercially made stuff but for folks like the woodworker and the seamstress, selling their own products, it’s great.

    The Small Business Administration has tons of free info on how to start a business. Nolo Press as mentioned above is one of the best publishers I know for books on a home biz.

    The advice re starting up by bartering or cash only to start with is very sound. If you get big enough, then yes, definitely go legit. It’s a lot less hassle in the long run IMO to try it out first.

  58. Noble Duncanson says:

    Trent, I’ve been reading a lot of articles like this from you and others – I finally got in touch with my friends and offered to repair, tune up, and clean their bikes. I’ll get a chance to play with some other models of bikes, fix them up, spend time with my hobby, and in return, instead of paying me in cash, we’ll be trading for beer, food, car rides, and who knows what else. This is great! They’re well pleased to draw on me rather than drop $50 to have it done by a “professional” and we’re not exchanging money but batering for other goods and services. Thanks for the advice. Eager to see how it turns out.

  59. Bridgit says:

    I think its great that you are motivating others to start their own businesses on the side. I read numerous posts in which individuals were scared away from the prospect of owning their own businesses due to the legalities of it. I see many folks posted good responses including visitng wtih SCORE. I wanted to add another resource that I think most folks will find invaluable, your Secreatry of State. Just google your state and you will find information that generally tells you step by step what you need to do. I have owned businesses in Minnesota and Montana and both were very easy to set up. Google your state, for example – Montana Secretary of State, and you will go right to their site and be able to get started. Don’t let fear stand in the way of your dreams.

  60. Thanks! I loved the potty class story – I majored in ceramics at uni, sold all my stuff in an exhibition a bit after. I hope to go back to it one day.

    For now I’m turning an interest hopefully into a little side income, my passion for practicing EC and helping other families discover elimination communication part time to reduce their need for and use of diapers.

    I want to help reduce the masses dumped into landfills every day!

    Charndra

    P.S. Practicing EC with our babies has saved us literally hundreds if not thousands of dollars, too.

  61. I love this article because I and many of my friends have started side businesses. This economy is the time to do it. To learn new skills and to set up a side income that will grow over time. While I write and own income-producing real estate, I have found that network marketing with a credible company is a great way to learn business skills and begin a side stream of income. I am so glad that I have found your blog.

  62. Good post.

    In any economy, a good business idea that is executed properly will thrive.

  63. I love this article, because having started a couple of businesses, I can relate to how difficult it was to start my first. With my first (which is also my most profitable) business (consulting), I had a really tough time figuring out how to start it. Between the legalities of forming a business, getting clients, etc., it was overwhelming.

    In retrospect, I’m so glad I did it, because having my own business has truly changed my life. Not to evangelize too much, but it’s completely changed my paradigm, and has allowed me to make more money and have more flexibility than I ever had as an employee.

    One of the most gratifying things about being a consultant is helping others. Starting a business can be really difficult, so I also started a blog (http://www.StartMyConsultingBusiness.com) to help others get past their fears, and teach people the specific steps (as well as tips, tricks, & tools) for starting and running a successful consulting business.

    It’s easy to be overwhelmed with a new endeavor like starting a business, but you need to start somewhere, and perhaps more importantly, you need to start before you’re ready (I actually have a blog post specifically about this).

  64. Great post. I used to be checking continuously this blog and I am impressed!
    Extremely helpful information specifically the final phase :) I take care of such information much.

    I was seeking this particular info for a very long time.
    Thanks and good luck.

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