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Do not lose hope, and don’t be hard on yourself if you are really trying your best

Take stock and objectively assess your own skills or get others to help you with this - you specific skills that can point you in a broad general direction. Family might not want to hurt your feelings so they might give you wishy-washy answers. Ask former colleagues or a boss or people who have seen your work for a more objective assessment. This assessment might point out that you are very technically competent, or very good with your hands, or maybe you are a master programmer or expect cake baker.

Next try find needs that overlap with what you are good at: If you are good at programming, find people who need the type of programming you can do. If you are good at baking cakes, ditto. Within the broad category, try to find a niche that not a lot of other people attend to. So within baking cakes, focus on low-fat cheesecakes delivered late at night for people who have munchies. Within programming, find something that you can train to be very good at.

Then find the most efficient want to give those clients the best solution in a way that makes you money.

If you are thinking small, look at the Facebook marketplace or classifieds for ideas. If you are thinking bigger, look at some of my other posts for more details on starting a business

 

[lioralace]

Even though I was working hard, there have been times when I felt stuck. I found that taking a step back and getting honest feedback from people who had worked with me as well as from family members helped. I now have a clearer idea of my true strengths thanks to that. After obtaining that, I began to match my abilities with actual needs in the world. My goal was to solve a problem in a way that made sense and was profitable, not to invent the wheel. I've discovered that thinking big isn't always the key to success; sometimes, it's more important to think clearly and act consistently.

 

[Pookie]

Let’s not forget that starting a business is always risky, even in a stable country. Look at the stats! Most businesses fail before they are 3 years old. Stability can give you the false idea that it’s “safe” to invest in a business.

Use the “unstable” situation to your advantage. Plan your business carefully, and eliminate excessive risk.

Try to start a company that:

makes money from day 1 (taxi)
Requires little to no investment (services business)
Can be quickly liquidated or relocated in case of trouble
Immune to economic or social trouble (pub)
In any unstable country people need their basic needs met. They need to eat, they need to move from A to B, they need someone to repair their belongings, etc.

Start to think along the following line of ideas:

Taxi & transportation (people, goods)
Small restaurant, pub or street food truck
Teaching and coaching (languages, instruments, computer courses, etc)
Beauty & hair salons
Repair shop
If your country is isolated, it probably means that operating a business is hard. But if you learn how to do it, you might end up doing very well due to lack of competition. Figure out what it takes to operate safely, and then you will be good to go!

 

[Treborika]

Actually operating businesses in an economical strained country is very stressful so to speak. ln such cases one must conduct a vivid research on what kind of businesses would actually materialise on such strained economically areas. For me l can urge that the most essential kind of businesses ought to do very well in anywhere. For instance the business that deals with the supply for food products an really thrive in such kind of environments.