You may need to adapt your idea a little differently to suit what the market will bear. It’s absolutely essential that you are passionate about the field that you want to start a business in, but thinking long and hard about the factors that will make it succeed is a sub-category you really need to consider carefully. You may need to adapt your idea a little differently to suit what the market will bear.

So, HOW do you know if a business will succeed?

There are many ways to determine this, and its certainly a lengthier subject than this simple blog post can support. Even if we could, all the signs can point to inevitable success, and it still may not succeed like you hoped. I’m somewhat of a business bio nut. I love to read, watch and hear about how anyone has found some element of entrepreneurial success. One thing I have noticed is that is isn’t always the IDEA….but it’s the person behind the idea.

There are so many variables in the success equation, but what it boils down to is the biggest factor is YOU. Here are the six, no, seven, common denominators in 99% of successful entrepreneurs:

1. Are YOU passionate about what you want to do?
2. Are YOU ready to work hard, long hours to start with? (that’s why you need to be passionate about this!)
3. Are YOU ready to turn a deaf ear to those negative comments that are sure to come at you?
4. Are YOU ready to look at all your customers as friends, even the ones that are grumbling, complaining, and making your life, well….less than enjoyable?
5. Are YOU ready to allow your business to flow into the direction that the market seems to be taking it?
6. Are YOU willing to learn everything you can about your business, and humbly seek advice from experienced entrepreneurs?
7. Are YOU willing to surround yourself with motivated, intelligent, hard-working partners/employees….and let go the dear friends and/or relatives that are NOT?

These are really the most important factors in any new business. If you are willing to put your all into it and watch what works and sells and move your business in that direction, then it would be difficult to fail.

Here are some other places to find advice and do some old-fashioned research on deciding on a business to start:

http://www.ahbbo.com/starting-business-articles.html

http://blogs.msdn.com/b/chrisfie/archive/2011/03/02/great-read-how-to-choose-the-right-business-intelligence-technology-to-suit-your-style-microsoft-bi.aspx

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Anyway, it’s finally done! At least it’s available…..I intend to continually update the resources…to the Homeschool Entrepreneur 9 Week E-Course. It’s the result of three years of research and compiling resources online to teach your teen how to start a home business. It’s nine weeks of lesson plans, M-F, to lead you from step one all the way to having and running a successful home business. Boiling down all there is to know about running a business was challenging, but all the resources for the ambitious student to continue their learning is included.

Personally, I have found nothing like it, and believe me, I have looked!! Most business courses we have come across usually include a great deal of information about business that most home business owners will never use. Then, while wading through all that information you don’t need, resources and links to what you do need is usually scarce. Of course, there are all those ebooks on how to make mega bucks doing this… or doing that….but none really gives you a foundation for managing or choosing the right home business.

So that’s what we did. We wrote a course that in a very short time you can get a home business…of your choice…up and running while at the same time laying a foundation for good ethical business sense. If you would like more information about this course, go to homeschoolecourse.com. I also offer free ads in our newsletter and our main site for your new business with every purchase!

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AND….It’s designed for the homeschool family, (and you can bring your teenagers!) but anyone can benefit. Hope to see you there! Go to Rhea Perry’s Entrepreneur Days

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I also just signed up for her Web Traffic Basics email course on no-hype ways to get traffic toyour web site.  Sign up for her course at http://www.webtrafficbasics.com. You’ll find a great deal of helpful information to help you make money online.

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