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How can you start your own business?

i wanna start my own plant and crystal shop when i’m older and iwans start brainstorming on how imma do it.

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Subject: Career question for you

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Katherine’s Answer

Two of the best resources I know of, having grown up with a family business and having run my own, are Dave Ramsey's book EntreLeadership, and this workbook: https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng
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Dino’s Answer

Hello Myah, thank you for connecting with us. Your question is a great one! To accomplish your goals, it's important to envision the career or future you desire. Assess your present circumstances and identify areas you'd like to enhance.

When it comes to choosing a career, it's crucial to discover what truly sparks your interest. Consider your hobbies and passions. What activities bring you joy? What do you love to do? These are key indicators that can guide you towards a successful career path.

In addition, when deciding on a business venture, it's essential to identify something that not only brings you joy but also contributes positively to your community. Conduct some market research in your area to find a solution that addresses a local issue. This could lead to fruitful results and make a significant impact in your community.

Furthermore, reach out to individuals who are already engaged in the business you're interested in. Their experiences and insights can be invaluable. Learn from both small and large business owners about their beginnings and the challenges they faced.

Remember, don't be afraid to take risks in business. All successful businesses have experienced failures before achieving success. So, learn from them and keep moving forward!
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Bob’s Answer

You've embarked on a specialized business journey, one that involves a unique language, distribution channels, client needs, and a targeted customer group. This business requires you to be highly knowledgeable about minerals, plants, and the optimal combinations for plant growth. It's common in this industry to take five years or more to start making a profit.

To kickstart your journey, immerse yourself in learning and networking with those you already know and educational programs that can equip you for this business. Consider studying horticulture and minerals, perhaps while working part-time at a flower shop. There are plenty of books and mentors available to guide you. A quick online search for "crystals and plants" can also provide valuable resources.

Once you've gained expertise in minerals, plants, and their combinations, your next step is to pinpoint your customer base - those who are passionate about this field. You could then seek out florists who cater to these individuals.

Initiate your business by collaborating with one of these florists. Create a concise brochure that highlights the benefits of matching crystals with plants and showcases your expertise. Include this brochure with the plants that the florist delivers to customers, along with crystal samples. Also, make sure to gather feedback from these customers. Gradually expand your reach to other customer groups, perhaps another florist. If your brochure and crystals lead to repeat orders and boost the florists' business, you can start experimenting with your pricing.

With positive feedback, it's time to approach larger floral companies that supply plants to businesses and residences. Congratulations, you're now running a business and looking for ways to grow further.

Bob recommends the following next steps:

Meet with folks now in this business. Identify trade magazines and shows you can attend to learn more.
Should your interest continued to grow, focus your education on horticulture and minerals as well as combinations of such.
Speak with florists relevant to their interest, should you be able to prove crystals with plants will increase their profits.
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