When you set out to start a small business it is because you are either short on cash or you simply do not have such a great appetite for risk. Take the time to develop your skills at either making your own music, or becoming a pro at mixing, and your side business idea of dj-ing local events could turn into a much bigger endeavor Though you’ll first need to command a solid knowledge of sound design , mixing and music production before expecting to land your first gig with this business idea, as developing an entirely new skill set is not for the faint of heart.
Your first step with starting a blog is quickly getting the technical side of things handled ( my free master course on blogging will show you how), and then both understanding what your audience craves and learning how to attract those readers online.
For example, in 2013, Hollywood screenwriter and producer Rob Thomas used Kickstarter to raise $5.7 million to finance a movie project based on the cult TV series Veronica Mars” More than 90,000 people pledged small sums of money to realize Thomas’s goal.
Whether the money comes from your checking account, a family inheritance, or funds sitting in an old money market account , using your own cash is not only popular but also demonstrates a business owner’s commitment to other potential investors, which can ultimately help win additional funding from third parties.
If you are unemployed you may be eligible for the Back to Work Enterprise Allowance (BTWEA) or the Short-Term Enterprise Allowance (STEA) If you are starting a business, you also may get extra supports under these schemes, such as grants for training, market research and business plans as well as access to loans to buy equipment.