Social media has gone beyond being a simple tool to boost businesses online. You can now conceive an idea, do all the research, and launch a business using your computer while sitting on … If you want to know what's happening in the entrepreneurial … Starting Your Business with Social Media – Huffington Post
Social media has changed a great deal over the past few years, and sometimes keeping up with all the changes get overwhelming especially if you are involved in social media part-time. Admittedly, from what I've gathered, many entrepreneurs are still not convinced about the importance of social media for their businesses, which can potentially be detrimental to their success based on current trends. Recently, I came across a quote on Instagram which says, “In the 21st century, there will be only two types of businesses, those that embrace digital and social media and those that cease to exist.” Social media has gone beyond being a simple tool to boost businesses online. You can now conceive an idea, do all the research, and launch a business using your computer while sitting on your couch through social media, and my aim with this article is to show you how to do so.
After determining the business venture you want to tackle, you should use a search engine such as Google and perform a quick search to see if anyone is doing what you are thinking about or something similar. Many experts believe that if no one is tackling your area of interest, it may be a good sign that no market exists, and you should rethink. Most authorities in the business world rely on the common understanding that everything that can be done has already been done, and there is no need to reinvent the wheel. Therefore, it is widely accepted that you can take something that works, put your innovative spin on it, and execute it in a different way. Furthermore, I also believe in that aforementioned school of thought, so if you do a quick online search and find absolutely nothing in the market, you may want to reconsider your idea.