Just go out, and do it. People over complicate the idea of business. People tend to think start ups or small businesses operate like a government bureau with strict rules, and regulations. Look at a small business from the POV "Its easier to ask for forgiveness than to beg for permission"

TRP is not the place for this kind of discussion. TRP is about sexual strategy, not business strategy.

Here's some red pill advice about it. Usually a guy wants to start a business, so he buries himself in books, talks to a lawyer about what licenses and gotchas he needs to worry about, gets some insurance sorted out, and adds his best friend (who is also clueless) as a partner. This is what I did a couple of times. It's a very emotionally satisfying way to waste your own time and money. You really feel like you're doing the right thing all the way to nowhere.

When the rubber hits the road, a fledgling business is more like an alien parasite, just some weird glob of pulsating flesh, than a beautiful cathedral built from a blueprint. Far from being all planned out, the glob has absolutely no idea what monster it is going to eventually grow into. All it knows, is it needs to eat. In those beginning stages, its only function is eating. It may well be completely unlicensed to eat according to the state's legislation, but it doesn't care. The glob eats, and it grows.

Meaning, instead of trying to theoretically foresee things, your new business needs to bite some chunks off whatever you think it's going to feed on. Right away. That's because this aspect is what determines everything else. The only muscle you absolutely need in your glob of alien goo in the beginning is the client-getting muscle, and nobody cares how you pull it off and did you have a proper business license or not when you did it. Once there's something to chew on, you start building the rest of the body, adding better teeth, more exoskeleton armor, adding new globs where you can, etc.

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Starting a business is fairly easy. Building a successful business is extremely difficult. Someone might be able to give you a general guide, but it won't be enough information. Start buying books on Entrepreneurship and take lots of notes.

You'll need to do an assessment of your business idea before you even get started.

Marketing analysis- Who are your customers and how can you reach them?

Pricepoint analysis- What is the market price for your services?

Breakeven analysis- How much profit you need to cover your expenses

ROI- What's the return on your investment?

Competitive analysis- Who are your competitors? How are they successful? Is the market over or under saturated?
How will you compete? Price point? (walmart) or Differentiation? (apple) Differentiation requires high quality. Your customers see the value in your product and therefore are willing to pay more for it.

One of the most important things you must do is write a business plan. This isn't just for investors or lenders. It's to help you understand what you're doing. Include profit/loss projections for 2 years.

This is very general. Hope it helps.

I mean nothing. I don't know the different types you can register for, which provides protection for your personal assets like a house, car etc.

Starting a corporation insulates your personal assets, unless you get a loan that you personally guarantee.

Went on the internet, downloaded some materials and started studying. Fast forward couple years later I'm in a big city, working for a big corporation and making six figures.

How did you do all this, but now fail to understand the basics of business? Do the same thing - get studying!

It would be great, even in a sticky post, where experienced businessmen can offer advice, preferable link to somewhere, that will teach those of us that don't know anything about starting your own business.

With all due respect - what's in it for me? It would be a load of hand-holding and a big stack of effort, most people who you try and help will never have the guts to actually do anything anyway. There will be endless questions like "yes, but that's a risk so I don't want to do it because it won't pay me in the meantime, how can I get rich without risk? PS I have no money and no skills and I don't like hard work."

There's actually plenty of help already out there on starting a business, no need to do it within TRP.

hey mate would you give more details about what field are you in and what certification are you getting?

I am a web dev and while I do fairly good, my goal is to someday run my own business or at least getting into contracting (very lucrative in some big cities in Europe)

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Hmm, interesting... If your not savy enough to figure this out alone, I strongly suggest investing in consultants, advisors, and liability insurance. Business professionals worth a shit don't put their livelihood in the hands of amatures, this is true for you, and anybody who may not hire you.

I don't do business with dreamers, I do business with professionals, this /ask_Reddit screams unprofessional.

Good luck brah!