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Starting a business requires no experience.
Perhaps the more important question is: how likely am I to succeed in a new business with no experience?
This question also begs a definition for the word "experience". By experience do you mean work in a similar job role (ie entrepeneur) or in a similar industry?
I do not believe you need to have worked in the same job role or industry to succeed in a new venture. However, success will probably heavily depend on having had experiences and strengths that are somehow relevant to the enterprise eg the technical, sales, marketing, or financial skills that may be required for the specific line of work you are commencing.
technically you can start a business even though you don't have any experience in running a business as long as you have the passion, you are ready to take the risk and learn from it and lets not forget the capital. It doesn't need any expertise neither being a degree holder. Of course you can't manage a big business easily so you have to start small. As you go along in doing your business you will earn the experience you need.
Yes you can start a business without any experience.
An entrepreneur needs passion, enthusiasm and dedication overall things. There are lots of successful stories about people who started a business with no real life experience and you can follow their guidance and suggestion how they managed to do so.
Ofcourse I suggest that you start a small medium entreprise, something you can manage of our own, which involves less investment and bares less risk aswell. If you succeed in achieving your investment cost, then go for expansion.
I encourage you to do more research on the type of business you are interested in, see what are barriers and opportunity that lies ahead. Having experience by working for someone's business and working for your own business is not the same in my opinion.
Hope this was helpful.
To start a buissness..First you need to do a market research and Find which buissness will suit you and help you make revenue. Its better if you try to get a job or work part time in the buissness which you like to put . So Experience plays a major role.You need to know about how to do marketing for the products or service which you provide.
Business without experience go in loss in the initial year and go out of business.
Thanks for inviting me while i agree with experts answers
My simple answer is, Hire experienced staff and definitely you can start a new business without experience.
Sure if you have knowledge and have done research on the business you wanted to getin as anyone had to be get into business or job initially with no experience only and our hard and smart work and our dedication pays later. Thanks.
Of course you can. If you identify your "strengthes" and invest in them.
Well my answer is simple yes you can start a new business with no experience the way to do it is like hiring a senior under your team and start working with him
Yes it can be done with the help and support of one or more expert in the field to share the knowledge and experience
