How to start a Business? 8 Important Tips
How to start a Business? 8 Important Tips
Now the question is how to start it and how to face so called start up problems and which is the better way to start it and weather I should start it or I should have partner. If I should start alone then what all things I have to prepare for it or if I have have partner then what all things we need to learn so many questions will arise in mind before you start. So clear your mind and think what really you want to do and what all points you need to consider while starting up a business? Here are some crucial points which you really need to know before you start it
1) Why you want: Ask this question to yourself that why you want to start? Have a clear vision of your goal and weather you want to start it to earn money or you want to start it to solves the problems of the people or do you want to prove your capability to others or is there any other reason. Ask yourself and be clear about why you want to start business.
2) Motivation:
If you are not motivated or not inspired by what you are thinking and what you want to do in your life then there will be no use of starting business because motivation must be needed for business it’s like oxygen if you don’t get motivated then you can’t breathe in business. Motivation brings daring and daring brings confidence, confidence brings positivity and positivity brings the good result.
3) Capital:
The so called blood of business. If you don’t blood for your business then think how can you work on it, take up a job and do part time business or do night shift jobs but do available for your business timing but somehow have a cash flow if you don’t have money in the initial stage do arrangement for business blood, if you have partner then the main person who can run the show will be in business and the rest co-founders can take up a job to support the business financially.
4) Time:
Initially you hardly get time for business because of some commitments of life so you don’t get time you have to create it, the first 3 to 5 years it will be very difficult to set up the things on the right track. Why it’s difficult because initially most of the people won’t be having the financial luxury so you have to find time on weekends, nights some time in holidays like you get to enjoy festivals etc.
5) Not for money or fame:
It’s about self satisfaction it’s about creating what you have dream t, it’s about solving problems, it’s about making impact in the society and more over it’s about achieving impossible things in life.
About boss: First be an employee for your own company then your employees will make you as boss by seeing your valuable contribution to the company.
6) Impact on the world:
Every business will have an impact in on the world, it may generate employment and serve to the society and it may also spoil the environment as well. You decide what type of impact you want to create in the society but one thing you remember that the thing which do good for society will live for long time.
7) It’s really you:
Ask yourself that is it really you? Is it you really wanted to be? The unbalanced life, the personal scarifies, the number of energy you are putting into business. Have an idea that what would you like to see in your company after 5 years. What amount of opportunity will it set up for me and once everything sets up then the amount of time and the opportunity will open up for you is just unimaginable and you will have a huge transformation in your life.
8) Have good partners:
If you want to have partners for a company then choose the partners who can share success with you. They are the real brand for your company and the best partners will change the world the way you have imagined with them.
These are some important aspects which you need to have a deep look and work on the basic things, which will give a strong base and a strong stand for a company in the market.
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