How to Decide Which Startup to Invest in

Investing in startups seems to be more promising than any other type of investment, but it doesn’t work like invest in just any startup. Rather, you should pick a startup very carefully. Remember, the success depends on the right pick at right time, so before you invest in a startup you must:

• Decide on industry focus.
• Select an industry or a couple of industries that you are familiar with.
• Prefer the industry you have worked in.

The right industry matters most, because you will have the advantage of understanding the market quickly and in depth. Once you have the understanding of the company’s market, it will be easier to evaluate the merits of the company and determine whether you want to commit capital to the deal.

Knowing the industry well can also give you an idea of startup’s future and how well can it do in long term? Plus you will also have a clear idea of when to cash out!

You may also be interested to read: It’s not Just the Money You Need to Make Money from Startups.

10 Resources for Wannabe Entrepreneurs to Start With

Are you one of those wannabe entrepreneurs who is very much enthusiastic to dive into the world of entrepreneurship, but doesn't know where to start.

Well, it's not just a business idea that you have in mind; you need to prepare yourself with everything that comes on the way while setting up the business, company formation, hiring staff, marketing and sales and ultimately growing your business.

Here I have compiled a list of blogs that serve as really very good resources for starting up as well as running your business. Check it out:

1. GMSV 
2. crowdSPRING Blog 
3. Planning, Startups, Stories 
4. StartupsBuzz.com 
5. Adrian Swinscoe 
6. SmallBusinessClan.com 
7. Just for Small Business 
8. CareersLinked.com 
9. SCORE Womens Success Blog 
10. Tim Peter

Beauty Salon Business; a Hot Opportunity for Women in Small Towns

Women can compromise on anything, but not on their beauty regime, and so the beauty salon businesses are doing so well. Such businesses do well during recession even, so, if you have lately been concerned that it won’t work in a suburb or a small town, just stop worrying and start working on getting it set up!

The fact that a salon business is always a part of lists of small business ideas for small towns, will surely make you happy and worry free!

So, if you are an enthusiastic women living in a village, a small town or somewhere else in a rural area, starting your own beauty salon can be a highly profitable business idea. 

You can start it right from a spare room in your house and can start serving ladies in neighbor with low cost beautifying options and relaxing treatments. Focus of making them happy and they will do a lot of word of mouth marketing for your business.

To get started professionally, you need a lot of guidance and support and here I am sharing some really useful links that will help you start and run your salon effectively.

Fundamentals of Running a Beauty Salon 

Tips on Starting a Beauty Salon 

Top 5 Challenges of a Beauty Salon Business 

5 Innovative Ways to Rent Your Property in Chicago

The most glamorous thing about living in a big city like Chicago is that, you have tons of opportunities to do business. You can start a huge business as well as something really cool with no money in hand.

If you are serious about starting a small or micro business and have explored tons of small business ideas for Chicago, but found no success, here I have a few ideas for you.

Well, here I will discuss a few business ideas which do not require any additional money. Yes, it's about renting your property in innovative ways. So here it goes:

1- Start a small hostel by using a single two of the rooms in your house.

2- Have Paying guests.

3- Rent out your garage.

4- Rent out your other parking space.

5- Rent out your house/lawn for parties and functions.

Also check these ideas:

3 ways for earning money from extra room in house.
5 ways to make money from your property.

And yes, Chicago has more opportunities than one can think. I also wrote about starting errand services in Chicago.

Blogging is Probably the Best Business for Mommies in New York

Living in a big city like New York is a dream of hundreds and thousands of people, however, not everyone is luck enough to be there.....

So lady, if you are in New York, count your blessings and make most out of it. Doing your own business is probably the best idea. But don't worry about the investment, there are hundreds of business ideas that do not require money but your effort. Check this list of small business ideas for New York and I am sure, you'd love the idea of Blogging as a business.

It's cheap to start, is flexible enough to adjust according to your family's requirements, has a great potential and above all, you'll love the perks!

So, if you are ready, join these top mommy bloggers from New York city, and learn from their success!

You may also be interested in making some extra money for doing nothing... in that case, check out my other post about asset renting business in New York.