What Business Should I Start?

When people ask me what kind of business they should start, I always ask what their hobbies are. Running a successful business is hard enough and if you are not passionate about what you are doing it is even more difficult. I was listening to a Tony Robbins CD and one of the exercises was to think of ten ways to make money. I was stumped. I could only think of one or two ideas. I put it on the back burner and let my subconscious mind work it out. I love music and started to focus on ways to make money with music. Some of my ideas were: wedding DJ, making beats for Hip Hop artisits, playing in a band, starting a music blog, teaching guitar lessons, making remixes for dance studios, guitar technician, starting a recording studio, starting an independent record label, and teaching music business seminars. I’m sure I could keep going. It was hard at first, but when I focused on a passion it became easy. Think of a skill set you already have and try to figure out multiple ways to monotize that skill.

When I started my mobile DJ business I was only thinking about weddings. I have since expanded to corporate events and private parties as well as school dances. I recently bought an X box for the purpose of hosting rock band and guitar hero parties. Then I got the idea to host a battle of the bands at a local pub. This further advertised my DJ business. I have recently been asked to do custom music mixes for dance recitals. If you keep an open mind and focus on your passions and skill sets, starting a successful business becomes easier and much more rewarding. Follow your passion not your pension and the money will come. Good luck and have fun.