Starting a Business You Know Nothing About

Posted by sundaydriver under Strategy
From http://www.powerhomebiz.com 4245 days ago
Made Hot by: Big Business Boogaloo on April 15, 2013 12:09 am

Every business guru will tell you: start with what you know. You will have a greater chance of success if you know what you are getting into. But what if you want to try out something new that is drastically different from your present career or your realm of experience? Should having no knowledge of the business stop you from pursuing it?

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Comments

Written by ivanpw
4243 days ago

If you asked me, the answer is no.

I didn't have the knowledge entering the business I am in right now. I learn along the way. And yes, sometimes things just backfire.

But that's entrepreneurship, right?

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Written by Entrepreneurosaurus
4243 days ago

Hi Nach,

Way to thumb your nose at convention. In fact, there are a few examples of very successful entrepreneurs who started new businesses based on no knowledge of the business they were entering and guided only by passion. For example, Mark and Stacy Andrus, founders of Stacy's Pita Chip Co. knew nothing about the the food business when they bought their first food cart. Now, the successful snack company is a near staple of the popular snack industry.

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Written by tcamba
4244 days ago

Things like this are kinda risky. Since you don't know anything about the business. Don't start a business without studying it first but don't overstudy or focus on what if's try it out but be wary. Thanks for sharing in BizSugar!

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Written by BizRock
4245 days ago

Starting a business is within the reach of almost anyone who wants to take a risk and work hard.There are plenty of good reasons to run your own business.Very helpful,thanks.

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