You could say I’m digitally-biased”, but I give love to the ideas that can be scaled/automated infinitely. There are several characteristics that make a business idea more likely to succeed; consider the tips below when coming up with your business idea to increase your chances of success. As you can see from the scoring above, Samantha’s best business bet based on her criteria and priorities is Swim Lessons (31 points). If you’re crafty and enjoy creating products, a DIY business is a great way to start your first online business. Imagine the cost of your capital, water, vs the price when you sell it. Although you need quite big amount of capital to start but it is actually easy to get your investment back. A large chunk of your investment will also go into advertising your new business.
Many of the greatest business ideas have actually been taken from recreational …