In my last post on this topic I mentioned that I had two business ideas in mind and that one was quite practical from a small business point of view and I hoped to have a preliminary website up and running within a few weeks from that post.
As it turns out I have discovered that setting up a small business takes a lot more effort and is much harder than you originally expect when you have the idea. This was for several reasons which include
- When you have no experience in website design doing it yourself feels like a mammoth task
- I know hiring someone else to do it for me would be the easy solution however I would like to prove there is demand for my product before spending large amounts of money on it
- It is easy to set up a website that looks like it was built at home but learning enough html / css to make it look decent takes time and effort
- There are things you need to do which you do not even consider at the start
- One such example is a logo for your website
- For anyone looking to make their own logo I suggest Paint.net. It is a great, free tool with lots of free instructional material
- Also I do not recommend using those free logo maker websites. They do not look great and often they wont give it to you for free unless you register with them
- The time taken to get your product perfect will always be longer than you expect
- If there is one thing I learned from my investment banking days is that perfection in the product your provide is the best reason for people to come back to you
- Unfortunately perfection or as close as you can get to it takes time
- I could have had my website going more than a week ago if I was willing to compromise on the standard of my product however I want to build a good reputation so am willing to put the time and effort into it
I will keep updating this thread and hopefully soon I will be able to announce the launch of my small business (my new target is to launch by mid August - my original target was first week in July)
This was a good suggestion that you put up here...dude…..hope that it benefits all the ones who land up here.
ReplyDeletefast growing business ideas
Thanks for the comment. I still haven't set up my business for several personal reasons which I am rather disappointed at.
DeleteThere is this perception that a great idea will get you the whole way. I am really starting to discover that you need a lot of things to line up if you are going to continue in your day job AND have a business on the side. The other alternative is to quit your day job and commit all your time to the business venture which I admit is something I am not willing to do just yet.