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How to Start a Business

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We’re often encouraged to think that the secret to starting is a business is to have a bold and entirely original idea. But the suggestion here is that all we really need is to LOVE something a little more than most other people do: that will be enough to help us stand out from the competition. For gifts and more from The School of Life, visit our online shop: https://goo.gl/2iDV2t Join our mailing list: http://bit.ly/2e0TQNJ Or visit us in person at our London HQ: https://goo.gl/Hm2Pyr Download our App: https://goo.gl/wKSmH5 FURTHER READING “Many of us want to start our own businesses. Public space is filled with reports of new ventures. But the reporting on entrepreneurship is heavily skewed in one particular direction: towards people who have started new kinds of businesses, pioneers who have pushed the boundaries of commerce by creating a wholly original offering, usually through the help of an innovative piece of technology...” You can read more on this and other subjects on our blog, here: https://goo.gl/P73YWU MORE SCHOOL OF LIFE Our website has classes, articles and products to help you think and grow: https://goo.gl/UEN1vw Watch more films on WORK and CAPITALISM in our playlist: http://bit.ly/TSOLcapitalism You can submit translations and transcripts on all of our videos here: https://www.youtube.com/timedtext_cs_panel?c=UC7IcJI8PUf5Z3zKxnZvTBog&tab=2 Find out how more here: https://support.google.com/youtube/answer/6054623?hl=en-GB SOCIAL MEDIA Feel free to follow us at the links below: Download our App: https://goo.gl/wKSmH5 Facebook: https://www.facebook.com/theschooloflifelondon/ Twitter: https://twitter.com/TheSchoolOfLife Instagram: https://www.instagram.com/theschooloflifelondon/ CREDITS Produced in collaboration with: Alan Jennings http://alanjennings.net/ #TheSchoolOfLife
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Text Comments (560)
The School of Life (1 year ago)
Thank you for watching and supporting our films. Did you know you can now download our free app from the IOS store here?  https://itunes.apple.com/gb/app/the-school-of-life/id1182058270?mt=8https://itunes.apple.com/gb/app/the-school-of-life/id1182058270?mt=8
Georgios Antonopoulos (8 months ago)
Just wonderful, I been tryin to find out about "best businesses to own" for a while now, and I think this has helped. Have you ever come across - Bavordcon Business Bohemian - (do a search on google ) ? Ive heard some amazing things about it and my co-worker got great results with it.
Nerko Perko (8 months ago)
Just wonderful, I've been looking for "what business is best to start" for a while now, and I think this has helped. You ever tried - Bavordcon Business Bohemian - (search on google ) ? Ive heard some incredible things about it and my partner got amazing results with it.
Erin Brandon (8 months ago)
Appreciate this informative video. Has some good points and perspectives....cheers
Jerson Ambrocio (6 hours ago)
My question is where do they get their sources and materials from and such to have a certain item? Also how?
Mobile Gaming (11 hours ago)
I just wondered how hard is it to start a business about growing exotic plants
Nate Dietrich (9 days ago)
Still waiting to hear how to start a business...
Thomas Frandrick (11 days ago)
All thanks to lutherangrants; com i received over $40,000 grant for my business startup
Ms Money Boss (14 days ago)
this is really cool!
Deborah Joy (17 days ago)
Lutherangrants,com just sent me over $45,000 from their grant schemes .I am so happy i met them .
emma simpson (19 days ago)
A must-watch for any start-up founder. We sat down with Dharmesh Raithatha, Product Partner at VC fund ForwardPartners and talked about how to hire people, go from Pre-Seed to Series A and how to test your MVP. Go give it a watch now https://lnkd.in/d_NejWK Prefer to listen to this conversation instead? Then search for our podcast Creative Capes!
Emma Simpson (20 days ago)
Hey everyone! We sat down with Dharmesh Raithatha, Product Partner at Forward Partners and talked about how to acquire your first customers, hire people, go from Pre-Seed to Series A and how to test your MVP. Thought you might be interested in watching it! https://www.youtube.com/watch?v=SKOeoMCjAXU Thanks Emma
Paul Argueta (21 days ago)
Great post! Appreciate the insight.
aphrodisiac charlie (22 days ago)
Because coming up with an original idea is FAR easier said than done...
Fabxgurl (26 days ago)
For all the people who want to start a blog. its v important to have good emaling lists. you can try something like convertkit (https://mbsy.co/convertkit/45697602 ). it's the best one i've come across. goodluck!
Lonnie Jerry (1 month ago)
Lutherangrants/com helped me with a grant of $40,000 to finance my business .I am so grateful.
FeedbackWrench (1 month ago)
Nice video, I like the animation style as well. Good to see another YouTuber on here inspiring more entrepreneurship.
Tengku Ariff (1 month ago)
came to learn how but end up being fascinated by the animations and the cartoon style
Tư Vấn Quang Minh (1 month ago)
open a company >> https://www.youtube.com/channel/UC3HSrBQMCh6NueHKbwyPJwg
ck business (1 month ago)
how can i find out business opportunities
Vicarious Gamer (1 month ago)
I believe that you've failed to mention one MAJOR factor... It takes money to make money. Most of us are barely eking out a living. How much can one truly sacrifice monetarily to even begin a business ? And as far a jumping on a mature idea... Try being a musician. The music industry is just horrible. And horribly saturated with just bad, bad, shit. For example, I am a very decent musician. Not the most profound, but I am far better than many that are famous. I have no money, no backing, and now rid of management as they did nothing, and now right back were I began. If one hopes to become the next great is ANYONE'S goal, just forget it unless you have money or nepotism is involved. It doesn't matter how good you are a musician. Don't believe me ? All you need to do is to turn on the radio. Such shit is bursting through the airwaves. I have "done", I did not try... I DID ! After 30 some odd years, and not even breaking even, I'm done. No money, no honey. And that's all there is to that. However at the present is appears that if you're a cute girl with a weird voice, you've a better chance than many. Personally I don't like this "genre" but there you go. I like good music. And at the present there seems to be a total lack of this. However young lady, you need to keep in mind that the music moguls are nasty fuckers. If you don't mind selling your soul, this will be easier for you. Also don't forget that you may very likely be forced into unsavory sexual favors as (un)well, but hey if that's good for you then... I suppose that there are worse ways to procure that which you desire.
i have no name (1 month ago)
time to business then
James Mcguigan (1 month ago)
What microphone do you have that is so good?
gabby ocho (1 month ago)
Im only 16 but i really want to succeed in life and trying to save up to star a buisness and try to make it big
Ghost Idiot (1 month ago)
I have an idea that could fix problems with alot of gamers( not giving it out) but I'm 14 :( the idea might be tooken soon what should I do?
Boi singhn (1 month ago)
i wanna make a flim and animation company
earlysda (2 months ago)
This video gives zero advice on the practicalities on how to start a business.
nde thierry (2 months ago)
I think your video is woke
Bojack Sude (2 months ago)
I am planning to start my business this 2019. Well it's not in line with technology but I am still hoping to get a track or future here. Btw it is an art craft business. :)
Parsil (2 months ago)
This guy's voice is one of the best.
Jason Studdy (2 months ago)
This is exactly how I've lived my life so far... Unfortunately this seems more like a shitty life vs an awesome one. Work to live, don't love to work would of mad a better video idea.
Imptodec (2 months ago)
Basically, you need to take credit and you will never be able to repay it so, just work for a high paid job (doctor,engineer)
Christopher Radhyanka (2 months ago)
Well I found $4152a making system that is really working:(just go to) greatworks.club/?wgymP Great work...
Abdelrahman Khadragy (3 months ago)
Great video
Sonia Friedman (3 months ago)
I would like to share some tips which personally helped me. I hope it can help your readers as well: https://www.slideshare.net/axisbits/the-top-5-axisbits-publications-about-web-and-mobile-development-in-2018
Clayton Bridges (3 months ago)
This shit damn near brought a tear to my eye
Clayton Bridges (3 months ago)
I feel the weigh added to my brain
Hazem Karam (3 months ago)
You have the hounor that (Da7eeh) was her يكفيكم فخرا وشرفا ان الدحيح كان هنا
Thúy Aiko (3 months ago)
support local small businesses !
Luis Chavez (3 months ago)
who wants some sushi? {\__/} ( • - •) / ⊃🍣 1 like = bite; 1 sub to our channel = sushi+rice cracker
Luis Chavez (3 months ago)
who wants a cake? {\__/} ( • - •) / ⊃🎂 1 like = slice ; 1 sub = full cake with milk
THE OAKLEAVES (3 months ago)
Very good advice. I wouldn’t say follow your passion though (no offense). I would say get curious about things that are at least interesting to you that you can see yourself doing and then as you get better at it you’ll begin to love it. Even though you still can fall and get hurt. I love the School of Life because they’re so much more structurally sound in their perspective and advice than much of popular Christian belief. This is a long way of saying that I’m entering my 10th year in running my own business as a Tree Surgeon (Certified Arborist) and this video is very true. If you’re looking at starting a business I’d recommend offering a service first and learn business principles first hand and then improve and specialize the better you get at something within that industry. That’s what gives me motivation to keep going. I fell out of a tree yesterday and now my head is spinning in ways to move forward in my industry that doesn’t require me to get up 100ft. In the air just to keep the business doors open. Thank you School of Life for giving me great new thoughts to help me on my journey for contentment and actual progress.
Mentrix (4 months ago)
If I would know what I should do to get rich and life a life where I'm not gonna cry when I'm broke I will directly take action I would full time whit no problem but I'm still in highschool currently 14 years old and on this age you need to get a job on my school so idk what to do many peaople want to live there life's in a store where you get paid 10 dollars per hour but I'm not like that please help me😕🤔
Michael Svoboda (4 months ago)
Ha! Is it Simon Sinek behind the mic?
depité senatè (4 months ago)
I want to start a fast food restaurant but I don't know where to start
Gürkan Koç (4 months ago)
Good
AnatomyOfStuff (4 months ago)
this taught me nothing i needed to know lol i was expecting how to physically start a business
Gray Man (4 months ago)
This is one of the most powerful messages on business that I have ever heard. This comes after six years in business school and 12 years of working in the business world. The wisdom and insight of this video is incredible, and is even more strongly delivered by the understated tone and animations. I'm glad that I found this now, I don't think I would have appreciated this treasure years ago. Thank you for this! Start with the why!
The School of Life (4 months ago)
What a lovely message. We're so delighted - especially given how deeply involved in the business world you are. You might even enjoy this book of ours: https://www.theschooloflife.com/shop/how-to-reform-capitalism/
James Velasco (4 months ago)
Excellent presentation I don't usually comment on videos that I watch but this video got my attention straight to the point and clearly explains everything I like how you explain it, very informative keep up the good work I suggest make more animations like this to make your videos more interesting to watch.
TheBlack Enterprise (5 months ago)
That is a good informative video. We also have a number of our own videos that we did, and are starting out on wanting to genuinely help people grow their businesses as well. We are seeking new ideas and hope that individuals can give this sort of genuine advice. In the event that you got some time, take a peek at ours and inform us everything you think.
Jake K. Austin (5 months ago)
For all of you trying to start your own business, I have that one of the best ways of attracting new customers is animation videos. ENGAGING videos. You can learn how to do it by yourself at animation.tk Really Recommended. And according to the site, these lessons won't be available till the end of the month so hurry up! visit animation.tk
YMILLI (5 months ago)
Thats bs, business is all about money love comes later
One of the biggest steps in life is to start your own business. To bring your idea to life have to take certain steps: https://ied.eu/starting-business-step-step/
A. Soonachan (5 months ago)
This was beautiful
Oh K (5 months ago)
Big time entrepreneurs like Garyvee would agree with this!!! It’s 100% accurate
Apentogo (5 months ago)
im a woodworker and aspiring blacksmith now ive found out that the place i moved to is no place for those things. how do i start a business with those skills? so i can move somewhere so i can start a business using those skills? i have no money coz i live of my parents and no home base to "operate" from and i have nothing but these skills and knowledge! utterly nothing! which i really come to realise now! ive spent 7 years studying on my own attaining all kinds of skills and knowledge regarding handcraft work. i was planning to now use these skills in to the fullest now that i have the space to do so and make some money with said skills. but im "suddenly told" no! i have spent 7 years studying tirelessly old handworks and made most of the tools and work utensils myself but now.... am i supposed to throw everything i am, everything i own in the trash? WHAT THE FUCK DO I DO!?!
Btissam Ahmad (5 months ago)
الدحيح
David Dietrich (5 months ago)
Good point about mature industries, I feel these get overlooked all the time
Grave Kennet (5 months ago)
There was an ad for "Free Training", it was about this New Zealender who started his own company and stuff, i watched the entire thing thinking it was the video, only to realize it was an ad....
Elizabeth Jimenez (5 months ago)
What's up with the reptilian eye at the beginning?
BirdForWord (5 months ago)
this is pretty shit tbh
Eric Allen (5 months ago)
I'm also trying to start my own business just need help I know a whole lot about home improvement just need a few more things to start please help https://www.gofundme.com/drivers-license-business-license
Jonny Chitwood (5 months ago)
A British accent on how to start a business should've been my first sign this video was going to be a waste of life. For reasons unknown, we correlate a British accent with intelligence, but from a practicality standpoint, how would a Brit know the finer details of opening up a business in the United States? From licensing issues, zoning laws, business banking, taxes and hiring, there's real details to opening a business that entrepreneurs are trying to figure out. But good to know that technology is a booming industry, who would've guessed? Of course, a man with a British accent knew better than everyone
the aussie (5 months ago)
I'm wanna be like pablo Escobar
pearl lee (5 months ago)
Get business education, learn on your own and you may need lots of library time, learn the requirements via online class, your state office and resources, it is not some tip or few hours or a throw up a website with metatags for seo and get money and your in business, you have to learn entity differences due to fed reserve rules and tax code and legal stuff and it is a lot from there. it is a lot and it is not buying some biz plan and skipping half the work. if you got the money--go buy a franchise. if you don't then you got work and time to use and this is a chunk of you investing in yourself. and yes you have to meet with government people in person so choose how much and choose how well informed you ought to be before hand. i wrote a biz plan before, i know the limitations of it. i read biz books in a library including a shortcut to this or that biz and started one on the cheap that can be successful with a no debt policy but lots of time can go into that and you buy your inventory and you make your materials if you don't have the money to pay for it and you market the hell out of it and it is a drag at times and you get depressed and you have to uplift your mood and you fall on your face quick because that is the real business world for everyone who succeeds and if you screw up like going bankrupt in the casino business when the odds are in your favor, then your in the wrong biz or your a failure at business in general. i read about business owners who failed and picked themselves up again because that is real world, not the art of the deal--skip that. Being a negogiator is not the same as being a real solid business owner who has everything on their back. excuse me while i go back to study--oh sometimes you look for used books for cheap price because some subjects stay the same over time and you have to know it--so if your software fails--have a plan D and this if for disaster or when shit starts falling apart...you have to do papaerwork, you ahve to have it on hand and i am only talking about the begininng. my shit fell apart when everyone who could support backed out on me when investors wanted to meet with me and were offering $25k to start with, i wrote a successful biz plan--on welfare, on food stamps, on ssi but had no daycare for some of it and that meeting was critical and i had a government dept. signing onto the biz plan already before the meeting because they liked it that well. working 9-5 and getting a paycheck and buying some DFY online site that makes money? easy but if you don't have money it is a whole different ball game and it is very hard to play and win and know your only going up the economic ladder to working poor or to middle-class and there is a huge climb. 9-5 and buying a franchise, you have to learn about that and maybe more than you think...but you might have to start working 2 jobs or have to hire family or friend quicker than you think or maybe if your lucky and understand loyalty you might find a very good employee who will be there for you if your there for them and this is business when your cutting your teeth, but if your in the wrong type for you--you're going to fail so you have to have a open mind and be able to look at yourself and the parts you don't like--that's a winner in business. now go read Harvey Mackay.
Jonathan Allison (5 months ago)
intrinsic motivation > extrinsic motivation
Thabang Maabane (5 months ago)
I hate the voice over and the animation sucks. Don't wanna be that guy, but do better work than this.
Bart Dijkstra (6 months ago)
fun money largely mother grip busy violate helpful recovery potential
Will_Bone_0 (6 months ago)
there's not one thing is this video that shows you "How to start a business."
Spot On Tutorials (6 months ago)
Check out my wideo I show you the real way of starting a successful business.
BossesNBusiness (6 months ago)
https://youtu.be/cPkiP-fpRdI
Ben Cone (6 months ago)
This garbage didnt tell me shit on how to start a business.
Spot On Tutorials (6 months ago)
Check out my wideo I show you the real way of starting a successful business.
Mark Gilbert (6 months ago)
thanks
I’m 13 years old but I plan to open a company in the future...my dad is against it but I don’t care cause it’s my future..I’m studying so hard everyday cause my goal is to be wealthy and the family on my father’s side alway judge my mom’s family cause they’re poor..I love my parents but I want to make a name for my family. Wish me luck please 😊
Spot On Tutorials (6 months ago)
Check out my wideo I show you the real way of starting a successful business.
Stefanie Fenstermacher (6 months ago)
thanks
слов'янський (6 months ago)
this says how to start a business but i'm pretty sure it's just saying what a business is!!!!!!!!!!!!!!!!!!!!!!!
Mr. T Mr. T (6 months ago)
I knew it. Nothing that could help you. Just a dump animation and dude who can makes you fell in sleep.
Mr6LINE (6 months ago)
Sub the page 💯🌊🙌🏾 Nice videos
The AJ Effect (6 months ago)
Anyone can start a business. In fact, my YouTube channel is a business. All you need is some staff, organization, and courage
Maytane Winner (6 months ago)
Love what you do!
Saosaq Ii (7 months ago)
I thought school of life was about philosophy but I guess they also do some other shit
Here I am thinking about what video to make next and I ended up here - thank you, empowered me greatly!
Varun J (7 months ago)
Starting a business may not be for everyone. https://www.cata-lyst.xyz/blog/starting-a-business-or-not
Sadly LA California Kid (7 months ago)
Step one :move out of California 😂
sonny palms (7 months ago)
this isn't HOW to start a business but WHY to start a business. None the less, great video.. awesome message!
Bernard Chu (7 months ago)
thank you i learned a lot from this video
Kevin Humphrey (7 months ago)
Create content thank you
Amaan Iqbal (7 months ago)
ay yo whatys up man
jonathan candelario (7 months ago)
Am doomed there is nothing I love to do
Chris Hall (7 months ago)
Find something else that someone is doing and do it better. Very simple.
Literality The Best (7 months ago)
u a butt
Alex Pogrmic (8 months ago)
Many thanks, been searching for "business ideas for entrepreneur" for a while now, and I think this has helped. Have you heard people talk about - Bavordcon Business Bohemian - (just google it ) ? Ive heard some incredible things about it and my friend got excellent success with it.
Hudson Smith (8 months ago)
This was no;t helpful!
Mark Hughes (8 months ago)
Many thanks, I have been researching "what type business should i start" for a while now, and I think this has helped. Ever heard of - Bavordcon Business Bohemian - (Have a quick look on google cant remember the place now ) ? Ive heard some super things about it and my buddy got amazing success with it.
John Smith (8 months ago)
This was great, thanks, been searching for "great ideas for business" for a while now, and I think this has helped. Have you heard people talk about - Bavordcon Business Bohemian - (search on google ) ? Ive heard some great things about it and my work buddy got great success with it.
Jason Jordache Go (8 months ago)
For those who needs help with their business you can get hot leads for free! realwealth.hotleadsfree.com
Calico Bunny (8 months ago)
I would love to make a cartoon business. With a team of animators and everything. I have the story in mind and how the characters would look like, but I have no idea how to start a business. As of right now I’m still doing research.
nunu nunuu (8 months ago)
Who else is here because they tired of being broke
Adie Cannon (8 months ago)
I'm so happy I found this video! Thank you! ^_^
stop singing your sentences, its irritating
Duncan Dixon (8 months ago)
This did not match the title
Merel Aartman (9 months ago)
Unfortunately this is not how it works. I know a woman who owns a business who plans horse trips and cares for the horses. She was very passionate about this but she has no sense of how to run a business. She can't afford proper food for the horses and is almost bankrupt. Don't start a business if you don't know how to manage a business.
ZachAndChar (9 months ago)
who are some good youtubers to follow who have started a business? it's really hard to search on here so any reccos would be great! my husband and i are in the very early stages of starting out on our own and love to hear from people who have already gone through it (either successfully or not). Feel free to reach out, and we have a couple videos of our venture together (with more to come). https://youtu.be/ApEQ5b9Tgcw
Joey Slithos (9 months ago)
For parent(s) wanting a business ideal. Here is a amazing one! http://discoverytoys.com/Joel7035741 it’s a toy business by selling kids toys, and also you get discounts! So it’s a win win!

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