So what could possibly be the best business to start in 2011?
Let's first look at what the economy is like in the good old USA.
- *courtesy shadowstats.com
- “The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.”
In a nutshell what I gather from this is that there is a lot more unemployed workers than the standard government normally likes to divulge. So what this says is there are a lot of people out of work but really more importantly a lot of people not making the money they were used to making. Sustaining their currently lifestyle will be a struggle and why so many are hard on the economy.
But why even discuss?
Best Business to Start in 2011 or Best Job in 2011?
See there is a difference and one many will not want to really grasp. See, in the end people just want to make money. Let's take passion and drive out of money and people will do what it takes to make money. It's not being locked in a J.O.B. or stuck in a pure sales commissioned position.
I say do what you want and what gets you out of bed regardless of the payout but… when it comes to paying for your daily luxuries and bills let's do something that pays.
Getting a job and keeping one these days are getting harder and harder with the stats above.
Let's remove the labels and just take a look at what you want to do.
Do you want to work for money or do you want money to work for you?
Get a job if you want but remember there are lots of restrictions to your time and if you don't love it then you gotta be scratching your head to why you do it right?
Look, jobs aren't evil but there are so many advantages to running a business from time freedom to tax deductions.
So what these days are the best business to start in 2011?
The best business to start in 2011 is one that follows a couple guildines.
- You will want to be able to sell something people want. You can of course sell dirt to a dirt farmer but the name of the game is moving units or closing services. Understanding demand is critical in your business and having lasting appeal is very important. Being able to sell what people want makes life so much easier. Depending on your salesmanship skills and even copywriting skills your life in business will get that much easier. Understand your market and your days will be so much easier to make a great living.
- Get with the times and understand what are fads and what has staying power. There is a draw to hitting markets quick even if they have no future but you will want to continue building your business on some strong foundation pieces. Mix up what you target and look for stability and also high risk and reward.
- The best business to start in 2011 is obviously something that has a high end return. That's the main reason people go into business… to make some money right?
Best Business To Start – One That Has A Future
Look, I love technology and of course health and wellness is also important.
Understanding that one can actually make great money with a “leveraged” business especially one geared for the internet is one that should be clearly identified as the best business to start for men or women. If your learning proper online marketing and moving with like minded individuals then the possibility to surpassing your current income is more reality than fantasy.
The banner below is my take on the best business to start.
