3 Steps to Get Started in Your Own Business

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these tips apply to what you do as a home-based business as well

There are many different opportunities out there showing you how you too can earn extra money at all levels of experience.  Some are easier than others.

You might start with noting as nearly all require very little to no capital. They might also help you to get through difficult times.

Here are some tips to help you get started.

1) Learn a service-based business. There are many options here, including writing, photography, design, public relations, event planning, online services, and internet marketing. Each of these has its pros and cons, but the more experience you have in a service-based business, the easier it will be to transition to a business requiring your time and capital.

2) Find a job in the industry you want to start up. Many jobs in your niche have boot camps or seminars associated with them. Bootcamps and seminars take time to attend and may not pay well, but the benefits of having an established field to work in can be invaluable. You may have to use some of your new income to fund the initial start-up capital, but having an established field to fall back on will help you get to where you want to go quickly.

3) Find someone in your industry who can provide mentorship. Sometimes just a referral from someone who knows you or was mentored by someone who has prior experience in your industry can be all you need to get your foot in the door. A mentor will teach you the ropes and give you advice, but ultimately it is up to you to want to stay in that industry.

So, now you know the three primary keys to getting started in your own business, take some time to implement them. And take advantage of any state or federal tax breaks you qualify for as well to reduce your costs further. 

Many of these tips apply to what you do as a home-based business as well. If you already have a business, you should take advantage of the deductions afforded to you as an individual, as well as any breakdowns your industry offers as a home-based business. Taking advantage of all the available breaks will help you save money on your taxes, plus you will be helping to keep the economy running smoothly.

I hope you found this article helpful? As you continue your quest for wealth and financial security, Insider Secrets by Dr. W.G. Hill has all resources you should seriously consider having in your entrepreneur's arsenal. 
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