Getting rid of any blocks you may have is the key ingredient to starting
a successful business.
Here are some questions I get from clients who are looking to start a
business along with answers:
Q - What is the number one mistake people make when starting a business?
A - Starting the wrong type of business. In other words starting a
business that doesn't allow the person to utilize their natural talents.
Q- What is another mistake people make when starting a business?
A- Starting off under capitalized.
Q - What if some one doesn't have enough money to start a business but
really wants to start one anyway?
A - There are things you can do if you don't have the money to start a
business like putting together a business plan and approaching people
you know that have money who believe in you to help capitalize the
business. Also, if you have already started a business under capitalized
and you are struggling, put a business plan together so you can see
what your business is missing and fill in those positions with qualified
people after you get capitalized.
I suggest one should rise these questions before starting a business:
- Do I want to be an entrepreneur (all risks considered);
- Do I have products or services to offer?
- Is there demand for my products or services on the market;
- Do I have the resources and skills to serve my customers?
Great points you got there and i want to add another one:
Start a business without a proper business plan- Business plan may be the most important thing when starting a business, it brings full view on the business including costs, market share revenue forecast and many more very important details.
TerjeSannarnes | Window Shopper |
10/29/2010 - 6:14 am
Show Replied Text…
Great points you got there and i want to add another one:
Start a business without a proper business plan- Business plan may be the most important thing when starting a business, it brings full view on the business including costs, market share revenue forecast and many more very important details.
Also I would like to give beginning enterpreneurs one advice. If you have been working for a long time and see no results you should either to stop working and try something new or change business strategy. If you have started business recently and it dosn't bring you a revenue an action should be undertaken for improvement purposes. Often it is important to stop in time and try something new. If things go well you should develop and make business competitive.
netekspert | Performer | 10/30/2010 - 1:30 am
waynearln | Contributor | 10/29/2010 - 4:51 am
TerjeSannarnes | Window Shopper | 10/29/2010 - 6:14 am
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