Starting a new business venture has a complete set of challenges and obstacles that are common to all businesses and industries regardless of the economy. If you want to speed up the process of launching your blog, I recommend setting up quick, affordable and easy website hosting with a company like Bluehost or one of the other best web hosting plans for bloggers, choosing a simple WordPress theme and working on your first post—in order to set the precedent of prioritizing your time on creating content, connecting with (and building) your audience.
Before you can receive any significant funding for your business (which we’ll talk about in the next section), you need to start building an online presence and marketing your business, as well as getting a sales process together and beginning to sell your product or service.
That’s why I’m a huge advocate of always starting a side business while working full-time , so that you can test your way into your new product or service, get feedback, validate the business idea , and start generating income before you quit your job.
If you have a fondness for taking pictures of smiling families or laughing children blowing bubbles, consider becoming a stock photographer and selling your images to a stock photo company like Unsplash , ShutterStock and iStockPhoto as a side business idea.
In this section, you need to show a clear understanding of your ideal client, the market for your product, service or solution (also have your market clearly segmented ) and an understanding of the competitive landscape, including who your competitors are and where you are in the market in comparison to them.