Hello everyone, I’m 22years old. I don’t really have any specific skills just a bit of everything. Working with small businesses owner where I’m studying everything from him. Looking for maybe some ideas where should I concentrate to become entrepreneur. Thank you. Don’t be to strict.
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What business are you shadowing?
Marketing and sales will serve you well. If you want to run your own operation, driving traffic and converting traffic to dollars are going to be the core of your operations outside of delivering the service. If his business has been around for a while, look at ways you can improve his processes and systems. Is he taking orders and invoices on paper? Get invoicing software. Does he spend 2-3 hours doing the same repetitive tasks? Automate it. Is he an expert in something valuable? Create videos around it and start a channel. Is he documenting expenses in a journal? Get a bookkeeping software and do it yourself. Tons of opportunities to learn skills you’ll need when you start your own thing
It’s not often talked about, but there are certain management and people skills that you ONLY get from working for someone else. My suggestion is to put that 30k into an investment fund for a solid 5 years. When I meet other business owners, the ones who never worked for anyone else are very easy to spot and tend to be very difficult to work for.
Solve a specific issue in his business that applies to his industry then sell it to the industry.
Find what you love and understand and make the business around that. Anyone who tells you otherwise is probably secretly miserable.
Go online to your local tax foreclosures going up in your local area. Properties get auctioned off. They can start from $1,000 or more for down payment just to enter, which if you don’t win you, get your money back and I’m sure you can find 1 for 30k. Depending on the state of foreclosure, you can flip it and either rent it or sell it for more than you paid. Just my $0.02