There are many reasons to start a business. Perhaps you’ve got a great idea… Maybe you are looking for more flexibility with your time… But most probably you would like to create true wealth, right?

But there is another influencer behind business innovation: Necessity!

In light of the recent COVID-19 pandemic and SA’s downgrade into Junk status, many South Africans might not have a job to return to after all this has blown over.

Now is the best time to start your small business.

Here’s how:

Tip #1: Research the market:
Having an idea is all good and well, but is there a market for it? And what does your competition look like? Before deciding on a business venture to pursue, make sure there will be a gap in the market for you to fill. If there isn’t , don’t give up. Simply think of something else, and start again.

Tip #2: Choose something you are passionate about:
Starting a business isn’t an overnight thing. It takes a lot of commitment and time. Choosing a line of business that you are passionate about will give you that extra edge to fuel yourself and keep you motivated.

Tip #3: Consider your strengths & weaknesses (and learn from the best)
Be honest with yourself. Pertaining to business what are your best qualities and your worst? Maybe you are an excellent sales person but you are bad with budgets? Make use of online books to help you advance the skills you need as a business owner. Few people instinctively know how to start their own thing. Be open to learning and learn from the best. Read, read, read!

Here are some books by some of “the best” that can help:
How to Win Friends and Influence People by Dale Carnegie
Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter
The 4-Hour Workweek by Timothy Ferriss
Click Millionaires by Scott Fox
90 Rules For Entrepreneurs by Marnus Broodryk

Tip #4: Dream big; start small
There is nothing wrong with having big dreams for your business. But take the pressure off for the moment. Start small. Many of today’s biggest organisations started out in someone’s home or garage. Cut your overheads as much as possible in the beginning by keeping things simple and building it up from there.

Tip #5: Get online
The age of the internet is making it possible for any size business to get a foot in the door. Make the most of what online can offer you.
 

• Get a domain name

  At Domains.co.za our tagline “It all Starts with a Domain Name” is specifically aimed at entrepreneurs and startups. Once you have your idea and name in mind, register the domain. Choosing a domain name is more important than you think, so put some extra thought into it.

• Get email hosting

  Before you can start sending those professional emails out from your domain name, you need hosting. At domains.co.za we now offer customers Email Hosting as a separate service because we realise how important it is to save costs and maintain a professional image during the first phase of starting a business.

• Get a website

  Think of your website as the centre of all your business’ current and future marketing efforts. This is where potential customers will come looking for you. This is also where other potential customers will stumble across you after they have searched for a product or service you are able to provide. Our Website Builder with its simple drag and drop functionality, allows you to build a professional looking website yourself.

Domains.co.za is an industry-leading hosting company & domain name registrar.

We are passionate about helping South Africans realise their business dreams and have developed various value-added products and services to assist small businesses in their efforts. Start that business. Let’s help!