That is a very interesting question with no definitive response. As, do this!! I’ll offer 3 suggestions to answer.

• What will you do for free? What is your passion? The money will follow your passions
• What is our hobby? (again passion) Is there a path with what you like to do? Can what  you enjoy ‘make a business?
• Solve a problem!! There are soooo many examples of things that irritate you. What if: what irritates you, irritates others, like 1000’s of others?Research to see if others have an answer. If there are answers available, can you make a better answer? Cheaper? Easier to use? If there are (truly) no competitors– develop an answer//idea that will solve that problem and then research the size of the market.  (A $1,000,000  company will take the same amount of effort and time as a $5,000,000 company) 

Google us at www.cooksoutsourcingnetwork.com find our $100 deep research process

It’s easy to become one! Difficulte to execute!!! Couple of hints. Solve a problem. Is your idea to solve that problem have a large enough market to develop a profitable business? Be prepared for the Startup Grind!! That first 12-18 months are incredibly stressful, time consuming, and an outflow of (startup) dollars. Do you have your family support? Do you have enough cash on hand to be without income for 4-6 months? (You will need that security blanket…one less thing to worry about)

Google as at www.cooksoutsourcingnetwork.com we offer multiple answers/suggestions/pros and cons on - How to become an entrepreneur?

A more telling question - Why do you want to start a small business? If it is for money? - I hope not! Less work? Nope! Less Stress? Nope. That is only the beginning of Why? Some facts to evaluate - As I start a small business; can I actually run a business? Is there a demand for my idea to solve a problem? Do I have a written (achievable) goal? Do I have my family’s support?

You can start a business by testing your hobbies, to see if there is a market.  What are you passionate about? Can you share/teach that passion? Then the money will follow you.

Google as at www.cooksoutsourcingnetwork.com we have multiple hyperlinks talking about the pros and cons of starting a small business

Hmmm An easy internet search; yet frustrating on answers.  If I may?  What is your skill set? What are your core competencies? That is the beginning of ‘demand’. Can your skill set, core competencies solve a problem that someone will buy?

If you are an artist, sell your art-commission or lithograph. If you can AI program, bingo. If you are a great carpenter, begin a workshop. It is the ‘demand’ of what you can provide to a large enough market with a price they will buy.  If you wish to go beyond your present skill set, perhaps not the best option-as others may have not only the same skill set, but experience also.

Google as at www.cooksoutsourcingnetwork.com we offer multiple answers/suggestions/pros and cons on startups/1st to market/pivots

Geesh, that is a tough question without us really discussing your skill set or considerred core competencies. If you really want to start a side gig…can you convert your hobby into a business? Is there something you are so passionate about, and already a volunteer or your passion can extend to others - the money will follow.

I may suggest you Google us at www.cooksoutsourcingnetwork.com to educate yourself on the pros and cons of a side git or starting a small business

I’m going to address this with a wider, bird's eye view. Repositioning your question to a more accurate illustration. - Why do businesses fail? The 3 mail failure lessons to learn:

#1 The business does not solve a problem that the buyer will pay

#2 The entrepreneur's mindset

#3 If #1 and #2 can be reconciled-Is the market large enough to expend stress, monies, time and personal sacrifice? 

Google as at www.cooksoutsourcingnework.com to read up startup/1st to market/pivots