3 answers
Hannah
Student
Yuma, Arizona
1
Question
Updated
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At what age did you start learning about how to start out your own business and when did you start it What are some tips that you can give me to succeed and make it easier to start my own business in the field of healthcare? ?
I’m a middle schooler and I’m 13 years old
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3 answers
Alireza Poostindooz
financial consultant
41
Answers
Isfahan, Isfahan Province, Iran
Updated
Alireza’s Answer
I can provide you with some tips on how to start your own business in the healthcare field.
Identify a need: Look for gaps in the healthcare industry and identify areas where you can provide a unique solution. This could be a new product, service, or technology that can improve patient outcomes or make healthcare more accessible.
Research the market: Conduct market research to understand the demand for your product or service, the competition, and the regulatory requirements in your area.
Develop a business plan: Create a detailed plan that outlines your business goals, target market, marketing strategy, financial projections, and operational plan.
Seek advice and mentorship: Reach out to professionals in the healthcare industry, such as doctors, nurses, and healthcare administrators, for advice and mentorship. You can also join entrepreneurship clubs or attend business workshops to learn more about starting a business.
Build a team: Assemble a team of professionals who can help you bring your business idea to life. This could include healthcare professionals, business experts, and technical specialists.
Secure funding: Determine how much funding you will need to start and grow your business. You can seek funding from investors, banks, or government grants.
Remember that starting a business can be challenging, but with hard work, dedication, and a strong support system, you can achieve your goals. Good luck!
Identify a need: Look for gaps in the healthcare industry and identify areas where you can provide a unique solution. This could be a new product, service, or technology that can improve patient outcomes or make healthcare more accessible.
Research the market: Conduct market research to understand the demand for your product or service, the competition, and the regulatory requirements in your area.
Develop a business plan: Create a detailed plan that outlines your business goals, target market, marketing strategy, financial projections, and operational plan.
Seek advice and mentorship: Reach out to professionals in the healthcare industry, such as doctors, nurses, and healthcare administrators, for advice and mentorship. You can also join entrepreneurship clubs or attend business workshops to learn more about starting a business.
Build a team: Assemble a team of professionals who can help you bring your business idea to life. This could include healthcare professionals, business experts, and technical specialists.
Secure funding: Determine how much funding you will need to start and grow your business. You can seek funding from investors, banks, or government grants.
Remember that starting a business can be challenging, but with hard work, dedication, and a strong support system, you can achieve your goals. Good luck!
Debbie Morton
Business Consulting
68
Answers
Phoenix, Arizona
Updated
Debbie’s Answer
Hey Hannah! That's an excellent question! Small businesses are indeed the backbone of our economy, offering immense growth potential and numerous opportunities.
I started my entrepreneurial journey quite young, babysitting kids in my neighborhood. Whether it was weekend babysitting or summer gigs, I had ample experience thanks to being the eldest of four siblings. This gave me the confidence to ensure a safe and nurturing environment for the children I looked after. Later on, I ventured into the world of accounting, which became a solid support system for my family.
The first piece of advice I'd give you is to choose a business that aligns with your passion. Once you embark on this journey, your business becomes an integral part of your life. Everything you do reflects on your reputation. Running a business often means long hours and the need to adapt swiftly to industry changes and regulations.
Start by identifying industry networks that can support you in your journey.
Here are some key steps to guide you in setting up your business:
1. Conduct market research to understand your potential customers and competition.
2. Write a comprehensive business plan that outlines your strategies and goals.
3. Secure funding for your business through loans, savings, or investors.
4. Decide on the ideal location for your business.
5. Choose a business structure that suits your needs.
6. Pick a catchy and relevant name for your business.
7. Register your business to make it official.
8. Obtain federal and state tax IDs for legal compliance.
Remember, every successful business started small. With passion and perseverance, you too can build a thriving business. Good luck!
I started my entrepreneurial journey quite young, babysitting kids in my neighborhood. Whether it was weekend babysitting or summer gigs, I had ample experience thanks to being the eldest of four siblings. This gave me the confidence to ensure a safe and nurturing environment for the children I looked after. Later on, I ventured into the world of accounting, which became a solid support system for my family.
The first piece of advice I'd give you is to choose a business that aligns with your passion. Once you embark on this journey, your business becomes an integral part of your life. Everything you do reflects on your reputation. Running a business often means long hours and the need to adapt swiftly to industry changes and regulations.
Start by identifying industry networks that can support you in your journey.
Here are some key steps to guide you in setting up your business:
1. Conduct market research to understand your potential customers and competition.
2. Write a comprehensive business plan that outlines your strategies and goals.
3. Secure funding for your business through loans, savings, or investors.
4. Decide on the ideal location for your business.
5. Choose a business structure that suits your needs.
6. Pick a catchy and relevant name for your business.
7. Register your business to make it official.
8. Obtain federal and state tax IDs for legal compliance.
Remember, every successful business started small. With passion and perseverance, you too can build a thriving business. Good luck!
Katherine Avery
Run a music studio and teach private music lessons; teach college-level religion classes
222
Answers
Spanish Fork, Utah
Updated
Katherine’s Answer
Two of the best resources I know of for running a business are:
Dave Ramsey's book EntreLeadership (useful but can be intimidating to read...take it slow and just let your first exposure be a broad picture of how things could be...you would probably want to come back to it several times over a few years and you'd get more out of it each time),
And this workbook (https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng).
You could also try playing Robert Kiyosaki's online game CashFlow and seeing what you learn from it (https://www.richdad.com/promotions/cashflow-classic-evergreen).
Dave Ramsey's book EntreLeadership (useful but can be intimidating to read...take it slow and just let your first exposure be a broad picture of how things could be...you would probably want to come back to it several times over a few years and you'd get more out of it each time),
And this workbook (https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng).
You could also try playing Robert Kiyosaki's online game CashFlow and seeing what you learn from it (https://www.richdad.com/promotions/cashflow-classic-evergreen).
Please note that the workbook provided in this answer represents a religious perspective on the subject matter.
Sharyn Grose, Admin