DONT FAIL TOO READ THIS YOUR EYES WONT FORGIVE YOU.........
Do you have such business ideas? It is high time you do something about them and start your own business. You can never know how powerful and lucrative your business idea is, until you start business with it. Many successful entrepreneur such as Niklas Zennistrom (Skype owner), Mark Zuckarberg (facebook Owner) had great business ideas but never knew the ideas will take them to the point where they are now.
Procrastination and fear of starting are the killers of great business ideas. So many people have died with their business ideas which could have changed their lives for better and give them fame that can never be forgotten in the world, all because of the fear of starting.
In this article, I’m not going to reveal any business ideas to you but rather teach you how you can discover your own business ideas that best suit your lifestyle and how to a start business with them.
Tips to get your Own Business Ideas
Are you having problem generating your own business ideas you can start up with? Here are the some tips to follow to help you get business ideas:
Know Your Skill and Area of Expertise: You know yourself, skills, and things you can do conveniently. It is good to generate business ideas based on your skills because it makes the running of the business super easy. You won’t need to waste much money on training and expert consultation. Many people have regret starting business just because they made wrong decision of choosing a business idea they know little or nothing about. Come to think of it, do you think Mark zuckarberg will become very successful if he knows nothing about software and app development? So, my best advice for you is to stay within your area of expertise.
Know Your Passion: Don’t choose a business idea because of money alone, passion should be the first thing to consider ahead of money. Running a business is a great experience, but it also comes with a lot of challenges. It is only your passion for the business that can keep the business moving during the times of challenges. I have started more than four businesses in recent years, but I can tell you, it only the one I’m passionate about is doing well now. Therefore, passion is a key to a successful business.
Learn from People Doing Similar Things: Assuming you have come up with a business idea based on the two point above, the next thing you must do is to relate with people doing similar thing, to make some findings about the business ideas. I am not saying you should reveal your business idea to them because people cannot be trusted and if you do that, you may regret this action for life. What you need do is to relate with them, visit them at their leisure time, eat launch with them, and take a walk with them and so on. While you’re doing all this you will be able to talk, interact well and learn from each other. You may as well attend business seminars that are related to your business idea to know more about it. That is the secret of many successful entrepreneurs and at the end of the day; they end up coming with brilliant business ideas.
Don’t think too big: Though it good to set big business goals but at the same time one must not allow the business idea to be too big to the extent that its utilization will become a problem. Remember, it does not have to be too big to succeed in business. Many entrepreneurs started small with the aim of making some cash but things fall in place for them along the way and now become celebrities. My advice for you is to start small with deep passion for the business and sky will be your starting point.
Do research to know the profitability of your business ideas: It is necessary to painstakingly carry out research to know if your business ideas have enough customers demanding for the goods or services you want to offer. What is the essence of a business which has little or no patronage. You must ensure that the business has moderate or high demand.
Tips to starting your own business ideas
Have you come up with a business idea? Then, here are the tips to start your own business ideas:
Act fast on your Business idea: One of the most painful experiences in business is to nurse a brilliant business idea only to discover that due to your procrastination, another person has used the idea. You need to act fast on your business idea before another person discovers it and become successful with it.
Get Expert and Legal Advice: Your experience may not be enough to take your own business ideas to a promise land. Therefore, it is necessary to consult an expert to guide you. It is also important to consult a legal adviser to guide you on the legal aspect of starting the business which may include: business registration, taxation etc. You must be careful with the way you are going to relate with them, so that they will not snatch the business idea away from you.
Business Plan: After the necessary investigation and consultation, the next thing is to write a good business plan. Remember, business plan is the direction or road map for a successful business.
Register your Business: The next thing to do is to register your business and have all the necessary documents that back up your registration. This is very important because once the business becomes successful and there is no proper registration and legal documents to back it up, there is every tendency that somebody will hijack the business from you by doing the registration of the same name. This will lead to the lost of trade mark name for the business and the imminent collapse of the business.
Source for capital: Once every business strategies, business plan and registration are completed, the next thing is to source for money and kick start the business. You should set aside your capital from other money and never mix them together to be able to access the progress of the business. Also, don’t forget to pay salary to yourself as this will avoid unnecessary spending from your capital.
Take advantage of every opportunity that comes your way: As you proceed with the running of the business, many opportunities will come your way. You must be sensitive to all the opportunities that come your way because this is the one of the ways by which your business can become successful. Don’t pass over opportunity repeatedly (POOR) without utilizing them.
Don’t be distracted with the voice of the pessimists: No matter how brilliant your idea is, people will give you uncountable numbers of reasons why you will fail with the business idea. Doing business takes determination and focus. You must stay focused no matter what the naysayers are saying.
In conclusion, you need to choose your business wisely and carefully and act fast on by starting your own business. What are you still waiting for, remember procrastination the killer of those good business ideas your’re having. Therefore. start your own business ideas and be in control of your future.
How to Start a Business: Steps on how to Start your own business
Some people have brilliant business ideas but they never turn it into business. Starting your own business is a must if you want to be financially secure especially at this time ...Some people have brilliant business ideas but they never turn it into business. Starting your own business is a must if you want to be financially secure especially at this time when job security is becoming the thing of the past. Entrepreneurship is the solution to the challenges of unemployment that is shaking the whole world since the last global economic crisis. Many people have realized this fact and they are willing to start a business but keep procrastinating. The problem these set of people are having is neither lack of business ideas nor start-up capital but lack of courage to start the great business ideas in their mind. You need to know how brilliant and good the business ideas in their minds are and the great profit potential that the business ideas have.Do you have such business ideas? It is high time you do something about them and start your own business. You can never know how powerful and lucrative your business idea is, until you start business with it. Many successful entrepreneur such as Niklas Zennistrom (Skype owner), Mark Zuckarberg (facebook Owner) had great business ideas but never knew the ideas will take them to the point where they are now.
Procrastination and fear of starting are the killers of great business ideas. So many people have died with their business ideas which could have changed their lives for better and give them fame that can never be forgotten in the world, all because of the fear of starting.
In this article, I’m not going to reveal any business ideas to you but rather teach you how you can discover your own business ideas that best suit your lifestyle and how to a start business with them.
Tips to get your Own Business Ideas
Are you having problem generating your own business ideas you can start up with? Here are the some tips to follow to help you get business ideas:
Know Your Skill and Area of Expertise: You know yourself, skills, and things you can do conveniently. It is good to generate business ideas based on your skills because it makes the running of the business super easy. You won’t need to waste much money on training and expert consultation. Many people have regret starting business just because they made wrong decision of choosing a business idea they know little or nothing about. Come to think of it, do you think Mark zuckarberg will become very successful if he knows nothing about software and app development? So, my best advice for you is to stay within your area of expertise.
Know Your Passion: Don’t choose a business idea because of money alone, passion should be the first thing to consider ahead of money. Running a business is a great experience, but it also comes with a lot of challenges. It is only your passion for the business that can keep the business moving during the times of challenges. I have started more than four businesses in recent years, but I can tell you, it only the one I’m passionate about is doing well now. Therefore, passion is a key to a successful business.
Learn from People Doing Similar Things: Assuming you have come up with a business idea based on the two point above, the next thing you must do is to relate with people doing similar thing, to make some findings about the business ideas. I am not saying you should reveal your business idea to them because people cannot be trusted and if you do that, you may regret this action for life. What you need do is to relate with them, visit them at their leisure time, eat launch with them, and take a walk with them and so on. While you’re doing all this you will be able to talk, interact well and learn from each other. You may as well attend business seminars that are related to your business idea to know more about it. That is the secret of many successful entrepreneurs and at the end of the day; they end up coming with brilliant business ideas.
Don’t think too big: Though it good to set big business goals but at the same time one must not allow the business idea to be too big to the extent that its utilization will become a problem. Remember, it does not have to be too big to succeed in business. Many entrepreneurs started small with the aim of making some cash but things fall in place for them along the way and now become celebrities. My advice for you is to start small with deep passion for the business and sky will be your starting point.
Do research to know the profitability of your business ideas: It is necessary to painstakingly carry out research to know if your business ideas have enough customers demanding for the goods or services you want to offer. What is the essence of a business which has little or no patronage. You must ensure that the business has moderate or high demand.
Tips to starting your own business ideas
Have you come up with a business idea? Then, here are the tips to start your own business ideas:
Act fast on your Business idea: One of the most painful experiences in business is to nurse a brilliant business idea only to discover that due to your procrastination, another person has used the idea. You need to act fast on your business idea before another person discovers it and become successful with it.
Get Expert and Legal Advice: Your experience may not be enough to take your own business ideas to a promise land. Therefore, it is necessary to consult an expert to guide you. It is also important to consult a legal adviser to guide you on the legal aspect of starting the business which may include: business registration, taxation etc. You must be careful with the way you are going to relate with them, so that they will not snatch the business idea away from you.
Business Plan: After the necessary investigation and consultation, the next thing is to write a good business plan. Remember, business plan is the direction or road map for a successful business.
Register your Business: The next thing to do is to register your business and have all the necessary documents that back up your registration. This is very important because once the business becomes successful and there is no proper registration and legal documents to back it up, there is every tendency that somebody will hijack the business from you by doing the registration of the same name. This will lead to the lost of trade mark name for the business and the imminent collapse of the business.
Source for capital: Once every business strategies, business plan and registration are completed, the next thing is to source for money and kick start the business. You should set aside your capital from other money and never mix them together to be able to access the progress of the business. Also, don’t forget to pay salary to yourself as this will avoid unnecessary spending from your capital.
Take advantage of every opportunity that comes your way: As you proceed with the running of the business, many opportunities will come your way. You must be sensitive to all the opportunities that come your way because this is the one of the ways by which your business can become successful. Don’t pass over opportunity repeatedly (POOR) without utilizing them.
Don’t be distracted with the voice of the pessimists: No matter how brilliant your idea is, people will give you uncountable numbers of reasons why you will fail with the business idea. Doing business takes determination and focus. You must stay focused no matter what the naysayers are saying.
In conclusion, you need to choose your business wisely and carefully and act fast on by starting your own business. What are you still waiting for, remember procrastination the killer of those good business ideas your’re having. Therefore. start your own business ideas and be in control of your future.
Comments
Post a Comment