Topic: Some things to consider before starting a business - page 6. (Read 2213 times)
I think given this topic the analysis is too superficial! You can invest your own money wisely, you can spend a little time and get a good project. The main thing will depend on the profitability of your idea and the demand for it! Good luck!
You must also add here that lean on the Lord is the best thing to do, ask him for everything that you do and ask him if your idea will be great or nah. I'm sure, if you trust in the Lord, everything will be succeed
if you are doing a job you do not know You should accept that you are taking the priority risk then the work and the history and the sales policy The lower the prices of our business should be so high that you are always in a job you do not know is inevitable
That’s why there is a saying that goes on to say that when your hobby is a business you can make it a success because you are always happy doing something that you really love.Exactly. If you have much interest in what you're doing then everything will comr smoothly and naturally. Don't force it. If you can, deal in a business that you're fond of. It's going to be a lot easier. Don't think about the profit first since that will eventually come if your business grows
1. Do not invest your own money
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
First of all, you said that you have to start your business without investing your own money and rely on partners contributions which is not possible for all those trying to start a new business because when it comes to money no one will trust you to invest his money.
The other point is the one about working hard, maybe at the beginning of your project you have to do all the work by your self, but you have to think about the time when you start making good income and enjoying your time as well.
1. Do not invest your own money
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
To start a business, you should have your own money. Do not borrow from lending institutions or from people with interest. What if your business didnt work well? How will you pay your debts? Next ask yourself, are you ready to have a business? Are you ready to face any risk or problems you will encounter as a businessman? Know your passion and interest as your guide to what kind of business you will put up. Ask for experts advice.
money is the most thing that we should have before we starting a business but I think there is any business that will not require money to start. and if the business related to our real life, then yes, it needs money to start. but if the business related on the internet online, then I think there is any business or jobs that don't need money to start except the internet connection.
there are a lot of things that we need to prepare to start a business in online or offline and we need to have money just in case if for some urgent situations. before we started, we need to take a look the opportunity of what kind business type that we want to start, is there any chance for us to grow our business, and how about our competitor and the market of the product that we want to sell.
1. Do not invest your own money
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
To start a business, you should have your own money. Do not borrow from lending institutions or from people with interest. What if your business didnt work well? How will you pay your debts? Next ask yourself, are you ready to have a business? Are you ready to face any risk or problems you will encounter as a businessman? Know your passion and interest as your guide to what kind of business you will put up. Ask for experts advice.
if you are doing a job you do not know You should accept that you are taking the priority risk then the work and the history and the sales policy The lower the prices of our business should be so high that you are always in a job you do not know is inevitable
That’s why there is a saying that goes on to say that when your hobby is a business you can make it a success because you are always happy doing something that you really love.
You should assess the status of the economy first hand. Create a business plan, with the complete idea of what your business would be, your staffs, your target market, location, the competition, your knowledge and expertise in the industry where your business is align, how to legally structure it, the financing which total project cost and emergency funds should be included and prepare techniques to make people draw their attention to your business because marketing strategies are essential in this world full of entrepreneurs. Also, keep in mind that your business shall grow, expand and upgrade.
1. Do not invest your own money
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
,,,Usually, in doing any business, we should prepare for everything, like you had mentioned above and the common things are the knowledge and the capital amount for the business. Actually, preparing is the best strategy for any plan that we wanted. Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Do study or maybe make some research about business. Make plans and list all the needs. Set your mind for your goal to make thing complete. And most important is financially prepared to make your business become real and successful.
Create a marketing strategy. Focus on that strategy to ensure your plan will flourish. Be realistic with your aims and as much as possible never be involved with debt. Be dedicated and committed to your pursuit, this is not for the faint of heart.
if you are doing a job you do not know You should accept that you are taking the priority risk then the work and the history and the sales policy The lower the prices of our business should be so high that you are always in a job you do not know is inevitable
That’s why there is a saying that goes on to say that when your hobby is a business you can make it a success because you are always happy doing something that you really love.
for me the things that need to be considered in the business is to prepare capital, marketing, profit and loss business, risks in business, and business competition.
the most important thing before starting a business is the ability to be able to motivate themselves in the face of all obstacles and temptations while running the business. Because starting a business will not be as smooth as we expected, because the law of the jungle also takes place in the business world. Who is strong is he who wins, and who is weak will be eliminated. If you have a little creativity and motivation, you should start learning first.
Surely starting a business is not easy, there are many things that need to be prepared before starting a new business. The following are some of the things that should be considered for your business preparation considerations:
1,type of business entity 2,Your Largest Competitor 3,Target Pas 4,Business Plan Mature 5,Company Name 6,Source Funding 7,Certification and Document Legal
1,type of business entity 2,Your Largest Competitor 3,Target Pas 4,Business Plan Mature 5,Company Name 6,Source Funding 7,Certification and Document Legal
The most sweetest thing one can start a business is having it financed from a money that is acquired for free. What i am trying to imply is that since bounty campaign can make you earn bitcoin for free through your bounty token rewards, then you can already have a capital for you to start a business. So when you have already the money, planning and having a business plan is already essential.
if you are doing a job you do not know You should accept that you are taking the priority risk then the work and the history and the sales policy The lower the prices of our business should be so high that you are always in a job you do not know is inevitable
The most important thing before we run the business, of course we need capital to start. This capital can come from various sources, for example from own savings, loan capital, or from investors. Knowing the need for capital will be better because we already estimate the initial cost and business operating costs, so you are not confused in managing business finances.
1. Do not invest your own money
Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Everything you said is true and right, in business the most important thing is to focus on our goals and do not despair when losing, make a loss as a lesson for success and profit. Since most businesses are risky, seek partners. So, if things do not go all the way, you will not go bankrupt because of the start-up funds, and not pursued debt.
2. Work hard
If you are not willing to work hard, overtime, forget personal gain and health, then entrepreneurship is not for you. At first, you definitely will not be able to pay employees, even if the employees are cheap. So, your employees are your own.
3. Use the latest technology
New technologies such as software and data storage with small companies are able to compete with large companies. Take advantage of low cost technologies on the market.
4. Respect the time
Rate the money in your time, for example Rp20 thousand per hour. This will help when you have to make a decision: If a store charges Rp10 thousand for shipping every week, and it takes you 2 hours to go to the store itself, then pay for the postage from the company, because it is cheaper.
5. Realistic
When creating a business model, look around and look for a successful example of the business model you want, then learn. If you can not find, whether you are an incredible genius, or your business model will not work in the real world.
6. Sell excess, not price
You start a business, you are naturally frustrated marketing it. But, if you compete on the price, you will end up selling at barely or even under capital. Master the skills of communicating with customers, to explain that your product price is higher because it has a better value
Thanks for your information.
I think what you say is true.
many things to consider in starting a business.
if you want to successfully do business honestly, prioritize the service of the results.
if the service is good then the results will follow.
profit loss is also taken into account.
I think what you say is true.
many things to consider in starting a business.
if you want to successfully do business honestly, prioritize the service of the results.
if the service is good then the results will follow.
profit loss is also taken into account.
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