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For those of you that own a small business, how did you get started?

Posted on 3/15/16 at 8:21 am
Posted by Delacroix
Member since Oct 2008
3985 posts
Posted on 3/15/16 at 8:21 am
I have an idea for an online business that could potentially generate a small supplemental income. However, I have no idea where to start.

Are there any books, websites, blogs, etc., I should read?

Should I get my idea trademarked first? Any advice on what to do/not to do? Literally any advice would be helpful. TIA
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41464 posts
Posted on 3/15/16 at 1:11 pm to
I'm gonna need to know that idea in order to help.
Posted by Azazello
Member since Sep 2011
3179 posts
Posted on 3/15/16 at 1:16 pm to
All you need here

from a lecture at Stanford Business School
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8355 posts
Posted on 3/15/16 at 2:26 pm to
Maybe read Personal MBA
LINK /

I find that people who obsess over trademarks and hiding secrets never actually end up getting their product off the ground. Get the damned thing prototyped and get it making money asap then tweak. That's my 2 cents for what it's worth.(1 cent no doubt)
Posted by Big_Sur
Member since Nov 2012
1115 posts
Posted on 3/15/16 at 5:10 pm to
quote:

obsess over trademarks and hiding secrets


This. It is highly unlikely your business idea is so revolutionary that someone is going to steal it and make it big. Success is in execution, not in ideas.
Posted by Saint5446
Member since Jan 2014
823 posts
Posted on 3/15/16 at 10:06 pm to
Started by doing something in my field that wasn't a conflict of interest to my full time job during my spare time. Did everything on my own at first, including payroll, labor, admin, etc. Boss at full time job took an interest and we ended up partnering on both gigs. Don't waste time trademarking shite like others did, just start doing whatever it is that is going to make money for the business (legally of course.)
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 3/16/16 at 5:26 pm to
My wife and I saved enough money and bought the previous owners out. Let me tell you, it is a headache dealing with local government on your permits, fees, and registrations.
Posted by LSUShock
Kansas
Member since Jun 2014
4908 posts
Posted on 3/16/16 at 5:42 pm to
You really have to just do it. I pulled the trigger a few weeks ago on an app idea I had and we are in the discovery process right now. I was lucky enough to have a close mentor who specialized in app development/generation, but until I made the leap, my idea was worthless. Everyone has ideas, execution is everything.
Posted by Fbohn1
Member since Jun 2009
213 posts
Posted on 3/17/16 at 1:29 pm to
Follow Ramit Sethi - also could join one of his courses, Earn1K or Zero To Launch. Look into it if you're really wanting to follow somebody/have some framework.
Posted by JoseVargasTX
Heath, TX
Member since Sep 2011
718 posts
Posted on 3/17/16 at 1:31 pm to
You get to a point where the passion and want to work for no one else but yourself drives your every moment and you make it happen.
Posted by Big_Sur
Member since Nov 2012
1115 posts
Posted on 3/17/16 at 6:15 pm to
quote:

app idea


Your app remains worthless and will remain worthless no matter what you do. Apps are not a business, more like a lottery ticket.
Posted by LSUShock
Kansas
Member since Jun 2014
4908 posts
Posted on 3/17/16 at 8:37 pm to
You sound miserable, but thanks for the added motivation. I've actually thoroughly enjoyed the pitching process and convincing people the idea that used to just exist in my head is exactly what you claim it isn't, a viable business.
This post was edited on 3/17/16 at 8:40 pm
Posted by Giantkiller
the internet.
Member since Sep 2007
20221 posts
Posted on 3/18/16 at 7:58 am to
quote:

For those of you that own a small business, how did you get started?


You need money before you can do anything.
Posted by Delacroix
Member since Oct 2008
3985 posts
Posted on 3/18/16 at 11:18 am to
Well I pulled the trigger and bought my domain name. Now it's time to get to work! I'm excited and scared at the same time. But thankfully I wont be losing much if I'm unsuccessful.
Posted by LSUShock
Kansas
Member since Jun 2014
4908 posts
Posted on 3/18/16 at 12:19 pm to
Awesome man! Just try to stay the course. I'm only a few weeks in, but it's definitely a mental grind. For me, it was worth the initial investment to know whether or not my concept could become reality. I would rather fail and know it didn't work instead of never try and always wonder. Best of luck.

Also, know that their is literally a SaaS for every possible thing you could need. You definitely don't need to be a tech guru.
This post was edited on 3/18/16 at 12:22 pm
Posted by Iosh
Bureau of Interstellar Immigration
Member since Dec 2012
18941 posts
Posted on 3/18/16 at 12:23 pm to
quote:

Should I get my idea trademarked first?
You trademark a name or a logo, not an idea.

You might be thinking of a patent, but I would advise anyone against trying to patent their "online business" idea. The USPTO has spent the last two years shoveling those into the furnace under Alice v. CLS.
Posted by Delacroix
Member since Oct 2008
3985 posts
Posted on 3/21/16 at 7:22 am to
Do you have any good online resources to help out with coding? I need some basic features that I cant seem to find through google searching
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8355 posts
Posted on 3/21/16 at 9:47 am to
You're doing development? Are you a dev by trade?

Pluralsight, YouTube. Pluralsight has a service where you can pay for help also.


Also in regards to logos and things like that. Fiverr.com is excellent.
This post was edited on 3/21/16 at 9:53 am
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