Are you one of those who are stumbled for words when asked what business can you start? If so, then this post is for you. Read on!
In the previous post, I mentioned that if you want to start an online business almost NOW, then you need something that you are already skilled at. For example, if you want to be an online piano teacher but don't know music or how to play the piano, you will take a much longer time to start this business. So, to start an online business, you need to know NOW what you are skilled at, so that you don't need to spend as much time to start the online business. Okay, so the question what are you good at?
To do this assessment, you will need pen and paper (if you are the traditional type) or device to type into (if you are the digital person). Let's get started.
Step 1: Ask yourself what you are good at and write them down.
If there is something obvious that you know you are good at, then write it down. Though, this is not the end to the steps. GIve yourself around 10 minutes to think. If nothing comes out, then go on to the next step. If there are lots of things that you come up with, then feel free to take more than 10 minutes to write down ALL that you are good at.
Step 2: What qualifications/ certifications do you have?
Have an ACCA in Accounting? Then accounting is obviously one of your skills. Even if you feel that your colleagues are better accountants than you, you are a certified accountant and that's credibility to it.
Step 3: What are the requirements for your current job?
When you applied for your current job, there was a set of requisites in the job advertisement. You must have met them that's why they employed you. Even if not, you would have mastered them by being in the job. Write down these requisites as skills that you have.
Step 4: What are your hobbies?
You spend quite some time on your hobby, and you enjoy doing them ya? Why not try to make money through it as well.
Step 5: Write a detailed log of what you do daily.
What do you do daily? Write them down. You may find the table below useful for you.
In the remarks section, write down something interesting about that activity (if any), or what people comment about when you do such stuff (if any).
Step 6: Log down your history.
What did you do previously? Make a list of what you have been through previously. If you do not want to miss things out think through in chronological order (e.g. at 7 I went to Primary 1 and did ......, then at 8 I did....., all the way to now). List down things that you were milestones or what not everyone would have done e.g. went to school, set up a booth for Science week in school, did volunteer work at the hospital, sang at church choir, choreographed at dance festival in school, run a charity project, organized dinner and dance for company, etc.
For each activity that you have listed, write in the remark section what skills were needed and accomplishments you were proud of. You may like to use the table below.
Step 7: What help do you always offer to others (even for free).
Do your friends always ask you for help for similar things? For example, are you a bargain king or queen, and everyone asks you if there are any bargains right now. If so, then that's a skill! Write it down!
Step 8: Look into your dreams.
If you think this is something mystic, NO IT ISN'T. For this step, list down things that you want to do, but never had the chance to do it. Also, list down your dreams (what do you dream of having/ doing).
Step 9: Ask others what you are good at.
Steps 1 to 8 are all on self evaluation. By now, you should have a lists of items that you know you are good at. Now it's time to see if there are any blindspots. The first step is to ask people who know you well. Ask them what do they think you are good at. Make a list.
Once you got the list, reflect on what they say. Do you agree? If no, strike it off. If yes, keep it! Don't take what others tell you as it. You need to decide for yourself, because YOU KNOW YOURSELF BEST and YOU LOOK OUT FOR YOUR OWN INTEREST MOST. And, if these are not true, then you need to make it true starting NOW.
Step 10: Take personality tests.
Take an online personality test. Go do a search. There are tons of free personality tests. Do one, and see the results. The results usually tell you what you are good at, what careers are suitable for you, and so on. From here, see if there are additional skills that you can add to the list.
Once you have completed the 10 steps, you would have a list of items/ skills that you are good at. Take a look at this list. Narrow the list down to 5 to 7 items.
You may be wondering why don't we keep it to just 1 item. We don't have so much time to do a number of things right?
Well, with the list, it's time to do a market research to determine the 1 item that you would use to start a business.
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