13 Advice to starting a business | Start a business from scratch with (almost) no money
Starting a business most of time is complicated for start up projects, there are so many things you have to consider along with your unique idea of start up with strong planning & marketing strategy. Starting of business can be done in one fine day but before that you must have been thinking over it from many of days, So lets talk about key points which we have to think before lading into battle of business competition
2. Be strong- after choosing product with details studies, don't take people's opinions or their facts studies about your business.
Example- Vivien Wong, Co-founder of Little Moons she started business along with her brother, they left job where they working before & idea of best selling ice cream has launched & having good business there,
3. Rule of business- doing business in market industry no any special magic required, be strong on fact that, business means you have to sell, anything anybody anywhere.
(Follow- Business rules, Chanakya rules for business, straight trees are cut First, cash flow, entrepreneur tips)
4. Customer calculation- In calculation of enhancing business, you don't have to add customers, you have to multiply customers with your quality products.
Note that, a happy customer can give you 10 more customers.
(Follow- Loyal customer, scalability, cloud Identity, growth rules)
5. Legality of business- this could be the basic rule rout of business, do any kind of work from which you can earn good amount of money. But it should be legal and logically ethical.
In short you can roam in society with free face
(Follow- How to take registered license for business, legal acts for business, illegal ways which is to be avoided, business lessons)
6. Social work- anybody not doing any business for charity, even NGO too has some profit ratio's, but when your business grows simultaneously charity works along with it.
(Follow- social work theory, investment ideas, How to provide service to society for its bright future)
7. Confusion about theme- sometime we have confusion about start up Ideas, the use Simple Method to brainstorm yourself that, "what I can sell?" Then you can easily build your idea.
Example- Julie Deane from UK, They started their business by making satchel which was inspired from traditional school bags & after that they enhanced this theme to bigger platform and now their business one of the best start
up in UK with renowned name Cambridge Satchel
8. Copycat Idea- don't copy anyone's style or format to start your Idea. Be real with yourself. Make fresh theme owner in market. Always note that, copying people are always stood second. So stay away from duplicability.
9. Profits Share- if you want to grow rapidly in business, then in first 2-3 year whatever you earns, use it for expansion and building of business, if you spends profit on other interests. Then definitely your graph of growth going to hamper.
10. Customer chain - there are three rule for enhancing customer ratio's-
1. Collect customers- by any terms or trick collect customers to your business
2. Maintain customers- provide good service to your customers, maintain their happiness
3. Enhance chain of customers- after collecting customer with their happiness increase your customers through existence customer, by means of Marketing.
11. Concentration- however the condition it is, don't destruct your focus from your work, problems will increase if you not paying good attention to your business that will be harmful for your final goal.
12. Solution Oriented attitude- don't work over problem reasons, work on solutions of problems Nd ways to kill it. That will enhance your attitude towards work which resultantly builds your profile.
13. Quality Service- mind that, satisfied customers is big marketer of your business, so focus on quality if your product.
13 Advice to starting a business |
Start a business from scratch with (almost) no money
1. Market study- before starting any business, first know about business, get detail survey as well as choose product depends on selling ratio in market.
Learn about basics- Stock market study? how to invest in share market? how to get good place for restaurants?2. Be strong- after choosing product with details studies, don't take people's opinions or their facts studies about your business.
Example- Vivien Wong, Co-founder of Little Moons she started business along with her brother, they left job where they working before & idea of best selling ice cream has launched & having good business there,
3. Rule of business- doing business in market industry no any special magic required, be strong on fact that, business means you have to sell, anything anybody anywhere.
(Follow- Business rules, Chanakya rules for business, straight trees are cut First, cash flow, entrepreneur tips)
4. Customer calculation- In calculation of enhancing business, you don't have to add customers, you have to multiply customers with your quality products.
Note that, a happy customer can give you 10 more customers.
(Follow- Loyal customer, scalability, cloud Identity, growth rules)
5. Legality of business- this could be the basic rule rout of business, do any kind of work from which you can earn good amount of money. But it should be legal and logically ethical.
In short you can roam in society with free face
(Follow- How to take registered license for business, legal acts for business, illegal ways which is to be avoided, business lessons)
6. Social work- anybody not doing any business for charity, even NGO too has some profit ratio's, but when your business grows simultaneously charity works along with it.
(Follow- social work theory, investment ideas, How to provide service to society for its bright future)
7. Confusion about theme- sometime we have confusion about start up Ideas, the use Simple Method to brainstorm yourself that, "what I can sell?" Then you can easily build your idea.
Example- Julie Deane from UK, They started their business by making satchel which was inspired from traditional school bags & after that they enhanced this theme to bigger platform and now their business one of the best start
up in UK with renowned name Cambridge Satchel
8. Copycat Idea- don't copy anyone's style or format to start your Idea. Be real with yourself. Make fresh theme owner in market. Always note that, copying people are always stood second. So stay away from duplicability.
9. Profits Share- if you want to grow rapidly in business, then in first 2-3 year whatever you earns, use it for expansion and building of business, if you spends profit on other interests. Then definitely your graph of growth going to hamper.
10. Customer chain - there are three rule for enhancing customer ratio's-
1. Collect customers- by any terms or trick collect customers to your business
2. Maintain customers- provide good service to your customers, maintain their happiness
3. Enhance chain of customers- after collecting customer with their happiness increase your customers through existence customer, by means of Marketing.
11. Concentration- however the condition it is, don't destruct your focus from your work, problems will increase if you not paying good attention to your business that will be harmful for your final goal.
12. Solution Oriented attitude- don't work over problem reasons, work on solutions of problems Nd ways to kill it. That will enhance your attitude towards work which resultantly builds your profile.
13. Quality Service- mind that, satisfied customers is big marketer of your business, so focus on quality if your product.
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