Whether you’re an entrepreneur or an employee or student or anyone, it is very much important to know how to strata business. Most want to start a business but unfortunately, there is noting basic knowledge of how to start a business. So here its Everything You Need To Know Before Starting A Business. Let’s start!
5 Things To Consider Before Starting A Business
Starting your own business is like a dream like everyone has. It’s like waking up every morning and doing what you love. But unfortunately, only a few of us really become a real businessman like us. For those who want to quit their 9 to 5 job and start their own business then for them only here are 5 things to consider before starting a business or you can say everything you need to know before starting a business, or you can say everything you need to know before starting a business.
- Business is not FUN
Lemme start this with a story real life story. One of my friends started is own business just after graduating. He knew nothing about business. He was unaware of what and how to start a business. Every once in a while, we sat down together and watches movies. Mosty when he asks me about what movies to watch I recommend some business movies something like Wolf of the wall street. So as we watch the movies, he gets excited about how starting a business will soon make you a millionaire and so rich and powerful. Because of this as he graduated, he started a business by investing every money he has. He took all his money and at last, he failed.
Why did he fail in business? Because he took business as a fun stuff. At first, business will look like a cool stuff and interesting thing but as time passes and you get to meet weird clients, you’ll see that business is not a cool stuff. But instead of all of this, there are some moments in business that are very much fun.
- Don’t Confuse Entrepreneur with Businessman
Ther is a common misconception that before starting a business, you’ll to invent something new. Which is not true at all, in fact, chances are that your new idea might fail. The best way to start a business is to take an existing business idea that is working good, add some your flavor to that business, and start it out. Because this business idea is already proven to work, all you need to do is put the hard work and you’ll most likely to succeed. ]
One example of this you can see in Apple and Other Companies. What Apple introduced it’s notch the other smaller than Apple copied that idea. Apple is quite a big so for them implementing new ideas is must but smaller companies can’t risk doing so, so that’s why they just copy the existing working idea.
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- You don’t need a lot of money to start a business
Traditionally there was a need for some amount of money to start a business. But in this era, the thinking that you need money to start a business is not true. There are many exAMPLES OUT THERE to see that you don’t need money to start a business. Most e-commerce business like drop shipping don’t need money to start. Online businesses like youtube, blogging, selling courses are some businesses that don’t need money to start.
You don’t need any money at starting of business as in the beginning, you’re the manager, you’re the accounter, you’re the ceo and salesman of your business.
What matters only are the results
There is a difference between businessman and employees. The thinking of employees is that if you work hard, the hour you work the more you’ll earn but this concept is not true in business. If the businessperson thinks that the more hard work and more hours you spend in business, they’ll earn more then this is not true. Because in business your clients don’t give a s*@t about how hard you work. All that matters to them is how the work is done by you and is it good that other business like you.Ideas are worthless without execution
We all have some ideas that might change the world but at the end of the day, we just forget that or have it written on a paper. The ideas that you have in your head might is a billion dollar idea but that idea is nothing without execution. I hope you like Everything You Need To Know Before Starting A Business