New Journey ‍and New Hope of Prosperity for Entrepreneurs.

_{Hello Everyone. I am @shiftitamanna
From #Bangladesh}

Assalamu Alaikum everyone. Today I will be participating in a very interesting contest organized by Steem Entrepreneurs. This competition is organized by @f2i5 sir. I would like to thank him a lot because he has presented us with a business innovation competition called New Journey, New Hope for Prosperity. I am giving my opinion by answering the questions of the competition as per the demand.

_{Image Created By Canva.}

When starting a new business, many new entrepreneurs must take several steps to be successful. Entrepreneurs should have a great challenge to set up a business and achieve rapid success. It requires the patience, dedication and discipline of the entrepreneur which is a prerequisite for success for a new entrepreneur. I present four processes or methods below:

• Having enough capital for the first six months : I have seen many new entrepreneurs in my area who had enough money in hand for the initial start of their business. Because it is very important to have a realistic budget to build up a business. Because a capital will help cover the initial aspect of the business. And this is how the entrepreneurs can achieve the success of the first step of business.

• Knowing about product sales and marketing strategies : To be a successful entrepreneur, product sales and marketing strategies have to be mastered. Because it is an important matter for every entrepreneur. So by starting a business with good product services and marketing it an entrepreneur can achieve success.

source

• Building a Business Foundation : An entrepreneur should understand the proper use of his time and money to build his business foundation. And if they are used correctly, a new business can form a solid foundation.

• Hard work and endurance : The most difficult thing for a new entrepreneur is that he has to put in a lot of hard work and endurance in the beginning. Because in this case the entrepreneur has to understand whether he is physically and mentally prepared. And if the entrepreneur can keep this kind of mindset until he sees the profit of the business, then he will surely see the face of success in life.

In the early stage of an innovative business, entrepreneurs must understand the product and service. In this case, they can achieve business success by using new ideas to accelerate business in a creative way. I am giving below several innovative ideas:

• New technology business ideas : Net services are very popular in the present era. Just as it has its demand, it also has its negative side. So this technology can bring success to some new ventures in the business. For example: internet services, cyber security services etc.

source

• Green Business Ideas : Green business ideas play an important role in providing healthy services in people's living. For example, selling toilet equipment in various places, sheets can be produced instead of using harmful plastic.

• Online Service Ideas : Online has opened a door to innovation in new business. With this online service, you can start from promoting your products to delivering them to your customers' homes. Also if a useful online platform can be created through online tutorials.

The transformative prosperity brought about by this business venture is indeed undeniable. Because an entrepreneur is a person who plans his business at least perfectly and completes it successfully. It is also true that successful completion of all the tasks of an entrepreneur does not bring prosperity to the business enterprise.

Entrepreneurs have to take business risks and bring business prosperity with knowledge and skills. Also, the personal qualities of entrepreneurs help a lot in achieving success as entrepreneurs. In short, the confidence and morale needed to strengthen the success of a country's entrepreneurs will increase the per capita income and the country will be prosperous.

I would like to invite my friends @irawandedy, @mdkamran99, @goodybest to participate in this contest. Click here to go to the contest link.

<sup>I invite you to support @pennsif and @pennsif.witness to grow across the whole platform through robust communication at all levels and targeted high-yield developments with the resources available.

Click Here</sup>