What’s the Big Idea? Getting an idea for your business: It’s not as hard as you think.

MANY PEOPLE think it’s “oh so mysterious” to start a business. As the editorial director of Entrepreneur magazine, I often hear “I can’t do it” or “I have no idea what to do.” Nonsense!

Most people are overwhelmed by the belief they have to start from scratch. They think “What can I do that no one has ever done before?” In other words, they think they have to reinvent the wheel.

But unless you are a technological genius, trying to reinvent the wheel is a big waste of time. If you are another Bill Gates or Steve Jobs, then this is the way to go. But for most people starting a business, they simply need to answer the question: “How can I do something better?” or “How can I do it differently from the other guy doing it over there?”

Table of The Contents:

What’s the Big Idea?
Getting an idea for your business: It’s not as hard as you think.

Get With the Plan
How to create a winning business plan

Where’s the Money?
Finding financing to get your business up and running

Spread the Word
How to promote your business

Net Works
Setting up your company Web site

Download Instant Start-Up Guide, A Supplement to Entrepreneur Magazine

PDF version, 2.28MB, 16Pages. Provided by Entrpreneur Magazine.

THINKING IT THROUGH

Before you start a business, you have to look at what the potential is,what your product or service is,and if there is a lot of opportunity to make a good deal of money over the long run. Or is it a “hitand-run”product,where you’re going to get in, make a lot of money and then get out? That’s not necessarily a bad thing; fads have made some entrepreneurs incredibly successful. But remember, once you’re in business, one of the hardest things to do is to know when it’s time to get out, to let go. And if you guess wrong,if you try to make a classic out of a fad,you are going to start losing all the money you have

Visit Entrpreneur Magazine Official Website

Entrepreneur Magazine is a publication that carries news stories about entrepreneurialism, small business management, and business opportunities. It publishes the Franchise 500.

This magazine is published monthly, with a total of 12 issues annually. (No special extra issues are published.)

The magazine includes Sections like: Tech, Money, Sell, and Lead. It is edited by Rieva Lesonsky.

Each year Entrepreneur Magazine partners with PricewaterhouseCoopers to assemble a "Hot 100" list of the fastest growing companies in the US. The 2006 list ran the gamut, from government contractors (SkillStorm, Inc) to tech firms (Pro-motion Technology) to online travel companies (kayak.com). These companies are no more than five years old, but have annual sales in excess of $1 million. (From wikipedia.org)

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