Tuesday, November 22, 2011

How to Start a Business without Personal Expertise

The right business could be a natural extension of your skills, education, and training. You can start a business based on what you know, what you are good at, and what you can do very well.

You may be a whiz in the kitchen and your family and friends have always complemented you on your delicious cupcakes. Using your baking skills as a startup point, you start a cupcake shop where you create and sell your delicious cupcakes.

You may also be very skilled in programming, and so you decide to use those skills to start a business creating apps for various businesses.

However, what if you don’t have any strong skills that you can parlay into a business? You don’t cook well; you don’t know how to program; or you don’t know how to design clothes.

Here are your options if you don’t have any stellar skills that you can use for your business:

Find and use opportunities that are available.

Not all business owners start a business doing something they love or are skilled in. Many stumble into their businesses because they saw opportunities in those businesses. Others choose their businesses because they saw immense growth potential in them, or they find ways to improve the current offerings that can blow the competition out of the water.

Taking care of business at home

Learn the business.

You can learn anything as long as you are willing to put in the time and effort. There are a lot of opportunities to learn something. Read books and industry publications about the business you are interested in. Check if there are classes available in your community. Search the Web for information as well as online communities of industry players and other business orders. Network and talk to other business owners. Better yet, apprentice and work in these businesses before starting your own to give you a first-hand look about the business.

Tap into your inner strengths.

You may excel in something else that you may not even know yet. You may not have the talent in designing wedding clothes, but you may have a knack for organizing things and keeping everything in order that a business in wedding planning may suit you best.

Hire or partner with someone with the skills.

If you don’t have the talent for programming but excels in networking, you can work with someone who has the talent and start your own software development business. The other person will work on the technical jobs while you focus on finding clients and getting the name of the business out there.

Use outsourcing.

Another option is to outsource the more technical requirements of your business. The key is to be able to manage the outsourced workers, ensuring quality of results and consistency of output.

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