Start with the least amount of money possible. Some people say they need a certain amount to start, and I say you need a half of that or a third of that. That gives you the biggest return. If you put all your eggs in one basket, it's harder to adapt when you need to. Unless it's very capital-intensive, you don't need much money.

It's not always going to be smooth sailing or everyone will do it. If you have something people want, it should be the perfect recipe for success.

True prosperity isn't something you take from the world: it's something you share with the world.

Try to find if something out there is similar. If it's already being done, now you need to find out if you can do it better or cheaper. If you have a good product and no one's buying, improve it and tweak it.

It doesn't matter if you have the greatest product in the world if no one will buy it. Have an idea of where your customers will come from and how to get to them. Partner with blogs and magazines that target that audience. If you partner with them, hopefully you won't have to spend money on advertising.

When I have an idea, I share it with everyone. People say someone will steal my idea, but it's not like I invented something that will replace the toilet. I tell people to get their feedback. Will they buy it, help me improve it, or tell me it's already been done? If someone else is excited, he or she might buy into the business.

Google AdWords help with targeting people. Social media makes it easy to find people. A lot of people write blogs as a hobby. Others do it to make money. Instead of advertising on a blog, do a revenue share where you give them a 10-percent share for the business you receive.