How do I start a business with no experience?

How do you start a business with no experience? Maybe you haven’t worked in a job, other than maybe a temporary job in school. Becoming an entrepreneur, doing a start-up, and being successful is not as easy as it might be portrayed in Entrepreneur or Fast Company, or Inc magazines. They highlight the .1%, not the 95% who didn’t make it.

My suggestion is that you shouldn’t start a business just yet, because you really need to have a lot more experience working for someone before you start your own business.

Starting a business is hard. You have to know a lot about business, taxes, employees, marketing, organization, etc. Yes, you can learn a lot about these things at school, taking the appropriate courses, but as the saying goes, “in theory there is no difference between theory and practice, in practice, there’s a big difference.” Truer words have never been spoken.

Now a lot of people are going to jump all over me saying “you don’t need any experience, just do it! There are many examples of people who did exactly that and succeeded.” Right. And for every one of them, there are 100 you don’t hear about who tried and utterly fell flat. You don’t want to be a statistic.

Better to spend a little time working in the work world, figuring out how things actually function, and then go into business. You will have a much greater chance of success, plus you will have made some important contacts that can help you. Remember: networking is essential to business success.

Best of luck to you. For more information about becoming an entrepreneur (starting your own business) take a look at CEAnow.org

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