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Get a job working in a very similar business so you can. learn all there is to know about running that type of business. See if there are books written about them over and over. Also, talk to other business owners who run the type of business you want to start. Ask them for tips and the best way to run that type of business. Maybe you can hire them as a consultant to help you start your business. The more knowledge you can gain before you start a business, the better chance you have of making your business successful. 3. Look at your financial situation. Do you have enough money in savings to cover all of your personal and business expenses for at least one full year? If you do not, you are asking for trouble. Nearly all businesses do NOT make a profit their first year in business.