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Manish Kumar Aggarwal

Founder, The Mindfood Chef

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What do you do today, if you have start a new business? What do you suggest to a new entrant with minimal capital and experience?

staring own business

Topics: entreprenuership experience financial freedom risk self employment
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    Don Ruch

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    Apr 25 2012: I am retired but if I had a chance to start over I would most definetly get into the medical feild. More and more people are becoming elderly and fewer babies are being born today. The life span has improved so the balance has been tiped and we need more doctors, nurses etc... We have a severe shortage in the medical feild as it is.
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    Varlan Allan 10+

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    Mar 27 2012: Knowledge is your best friend. Know you market, know your product, know your demand, know you costs, know yourself. With little capital you will have great difficulty if any mishap comes about. You must learn about what you are planning to do. Going into business is not going to be good for you if you do not know anything about it. one tip. plan out your costs and your possible losses...then if you are getting at least 20% return then you are doing good business.
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    Fritzie Reisner 100+

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    Host
    Mar 26 2012: You might look for free online resources, even online short courses, for people who want to start their own businesses. There are surely many books on this subject as well at your closest library..
    Another thing you might do is talk to people in your city who are independent entrepreneurs to get their advice.
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