{"id":800,"date":"2016-11-30T09:35:11","date_gmt":"2016-11-30T09:35:11","guid":{"rendered":"https:\/\/www.getsmarter.com\/blog\/?p=800"},"modified":"2025-09-23T14:58:50","modified_gmt":"2025-09-23T12:58:50","slug":"starting-my-own-business","status":"publish","type":"post","link":"https:\/\/www.getsmarter.com\/blog\/starting-my-own-business\/","title":{"rendered":"How do I go about starting my own business? | FAQs"},"content":{"rendered":"<p>Are you wanting more information on starting a business, but aren&#8217;t sure where to start?<\/p>\n<p>Most <a href=\"https:\/\/www.getsmarter.com\/blog\/become-entrepreneur\/\" target=\"_blank\" rel=\"noopener\">Entrepreneurs<\/a> will tell you to begin with the technical aspects, like registering your new business and choosing a defining name and logo. But until you have your first sale and money coming in, you haven&#8217;t really started.<\/p>\n<p>To kick off a new business, your first step is to come up with a <a href=\"https:\/\/www.getsmarter.com\/blog\/risks-involved-starting-business\/\" target=\"_blank\" rel=\"noopener\">small business idea<\/a>: a good or service that people want to pay for.<\/p>\n<div class=\"related-programme-block\">\n<div class=\"related-programme\" onclick=\"window.open('https:\/\/www.getsmarter.com\/products\/uct-small-business-growth-and-management-online-short-course', '_blank')\">\n    <div class=\"row\">\n        <div class=\"col-12 col-md-11\">\n            <div class=\"related-programme__school-logo-container\">\n            <a href=\"https:\/\/www.getsmarter.com\/universities\/university-of-cape-town\" target=\"_blank\" class=\"related-programme__school-logo-link\">\n                <img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2018\/09\/UCT_logo.png\" alt=\"School Logo\" class=\"related-programme__school-logo\">\n            <\/a>\n            <\/div>\n            <div class=\"related-programme__copy\">\n            <a href=\"https:\/\/www.getsmarter.com\/universities\/university-of-cape-town\" target=\"_blank\" class=\"related-programme__school-name\">\n                University of Cape Town (UCT)            <\/a><br>\n            <a href=\"https:\/\/www.getsmarter.com\/products\/uct-small-business-growth-and-management-online-short-course\" target=\"_blank\" class=\"related-programme__programme-name\">\n                Small Business: Growth and Management online short course            <\/a>\n            <\/div>\n        <\/div>\n        <div class=\"col-md-1 related-programme__chevron-column\">\n            <div class=\"related-programme__icon-container\">\n                <img decoding=\"async\" class=\"add-btn\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/themes\/blog\/assets\/icn_arrow-circle_right.svg\" alt=\"Read More Icon\">\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n<\/div>\n<p>Watch Gareth Cotten, Head Tutor for the University of Cape Town <a href=\"https:\/\/www.getsmarter.com\/products\/uct-small-business-growth-and-management-online-short-course\" target=\"_blank\" rel=\"noopener\">Start and Manage a Small Business online short course<\/a>, as he talks you through the steps to starting a business in more detail.<\/p>\n<div style=\"text-align: center;\">\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/ONuqDA3DwMI\" width=\"1100\" height=\"600\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p style=\"text-align: left;\"><em style=\"text-align: left;\">Transcription<\/em><\/p>\n<p style=\"text-align: left;\"><em>When starting a business, most people will run you through the pragmatic technical aspects that you need to do like registering a company, signing up for tax, that kind of thing. In reality, starting a business is about having a client and having your first sale, so if you have come up with a product or a service and you have been able to present it in a way that other people want it, and are prepared to pay for it, and you can actually close that first sale, that\u2019s when you have a business. Not when you have registered it or have a fancy name and a fancy logo. When you have your first sale and have money coming in, that\u2019s when you have your first business. So to start one, come up with a product or a service that people need and which people are prepared to pay for. It\u2019s that simple.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Got a small business idea? <\/p>\n","protected":false},"author":74,"featured_media":19889,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[122,130],"article-format":[],"class_list":["post-800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-career-advice","tag-business-management","tag-entrepreneurship"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How do I go about starting my own business? | FAQs - GetSmarter Blog<\/title>\n<meta name=\"description\" content=\"To start your own business, you first need to come up with a small business idea: a good or service that people want to pay for. Learn more in this video\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.getsmarter.com\/blog\/starting-my-own-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do I go about starting my own business? | FAQs\" \/>\n<meta property=\"og:description\" content=\"To start your own business, you first need to come up with a small business idea: a good or service that people want to pay for. 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