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Advise for people who wants to start a business.

Trexxxy

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If you provide a particular service it will do you a lot of good if you just focus on a niche

If you provide a service,

People will take you more seriously if you have an area of specialty, and you'll make more money.

And it doesn't mean you are limiting yourself (incase you were thinking this)

What you're doing, is getting more clarity and precision.

Hope you understand?.
 
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If you provide a particular service it will do you a lot of good if you just focus on a niche

If you provide a service,

People will take you more seriously if you have an area of specialty, and you'll make more money.

And it doesn't mean you are limiting yourself (incase you were thinking this)

What you're doing, is getting more clarity and precision.

Hope you yo
I don't quite understand your point. Are you saying it is better to venture into a service based business instead of product based? Or you are saying it is better to have a particular area of expertise in the business so as to attract more customers?
In any case, it is always good to be an expert in one field, but at the same time, one should try to expand his skills horizon. Wouldn't you agree?
 
  • Address excuses. Countless people dream of becoming entrepreneurs, but they never do.
  • Absorb everything. Listen to what others have to say—friends, family, experts, even yourself.
  • Be a solution.
  • Keep it simple.
  • Count the costs.
  • Imagine yourself with zero money.
  • Earn while you build.
  • Speak up about your business.
 
Focusing on a niche can not be overemphasized in Business. This will let you to be specialised in your area of interest and be a professional in what you do. As prospective entrepreneur or Business owner you need to also learn to how endure patience because most of the time Business is not always Rossy as some will make you to see it.
 
Know yourself, your true motivational level, the amount of money you can risk, and what you're willing to do to be successful. Choose the right business for you. Be sure there really is a market for what you want to sell. Research your competitors. In fact, given the new economic reality of our time, more people than ever have found the "job" they thought ..
 
If you are just starting a business you must understand that starting and getting to the top requires sacrifice, hardwork, consistency, Never be discouraged in time of little profit and return, getting started is always like that. Understand that marketing and innovation is key to business growth
 
You are right, before starting a business, one must understand the importance of the products you want to sell, this can be achieved through a serious market analysis or survey, do make sure to create a business plan as regards your budget and resources and follow it with discipline. You can as well create a website to showcase all you have, you can advertise via facebook sponsored ads as well, just like an ecommerce.
 
To be successful in business, what ever you do make sure you do it well. At the same time its not wrong to diversify your ways of making money. That you are good fashionistas should not stop you from venturing into other profession that will fetch you good money.
 
If you provide a particular service it will do you a lot of good if you just focus on a niche

If you provide a service,

People will take you more seriously if you have an area of specialty, and you'll make more money.

And it doesn't mean you are limiting yourself (incase you were thinking this)

What you're doing, is getting more clarity and precision.

Hope you understand?.
Read and buy a lot of courses before you proceed.
Be sure to know how much capital is needed to start the business, and how much gain you would be generate from the capital after investment.
The location or mode of advertisements should also be consider. You can't start a business without thinking of mode to advertise the business.
 
Yes i understand, having something that add value to your life and that of others should be your major focus for your business. If the Services you claim to render adds no value to anyone, no one will patronize you.
 
Aim to start small and grow big, this will give you chances and opportunity to learn along the way. Avoid unnecessary expense when you are still growing the business. Learning how to market your products with spending a fortune. Learn how to hire slow and fire fast to avoid plunge of the business. Have a mentor to guide you in your business, this is very important because at some point you will need insight of someone ahead of you.
 
Yeah, l agree with what the states. Providing essential service in the business world is now gaining much value because most services are in high demand now. And also as a good entrepreneur, you shouldn't focus much on your current niche only but also try to understand relating niches so that you can grow your niche in anytime when the need arises.
 
For starting business you must have good land on best locations where you can imagine that your business will run to great side.second is what business you are starting.Is it going in demand , is it trending most , mostly people follow trend so if we start business according to trend so it will give best profit and good result.some major points to be considered than everything will go proper.
 
If you provide a particular service it will do you a lot of good if you just focus on a niche

If you provide a service,

People will take you more seriously if you have an area of specialty, and you'll make more money.

And it doesn't mean you are limiting yourself (incase you were thinking this)

What you're doing, is getting more clarity and precision.

Hope you understand?

It's understandable to niche down, but in my country, it doesn't work.

I've worked with a lot of people who don't care about what you specialise in, especially if it's not popular.

An SEO specialist in my country will be out of job so far, it is better to consider and be a digital marketing expert.
 
If you provide a particular service it will do you a lot of good if you just focus on a niche

If you provide a service,

People will take you more seriously if you have an area of specialty, and you'll make more money.

And it doesn't mean you are limiting yourself (incase you were thinking this)

What you're doing, is getting more clarity and precision.

Hope you understand?.
  • Build
  • Business World
this is a great question. I think one of the best pieces of advice I could give someone is to say: ‘There is no failure, just feedback. Do the best you possibly can in every area of your business, but when you make a mistake, just learn from it. There is no failure, just feedback.
 
Before you begin a business you must have aquired a knowledge that will be used to keep the business going on.
That should be a set objectives with plan for the proposed business to come to reality.Without plan skills or professionalism can not run a business.
 
If you starting a business you have to understand the kind the business you about to start, you should always make a research about the business to know the idea about the business, it is very important to have the idea about kind of business you want to venture into,
 
Dear we didn't clearly understand your explanation whether you are telling someone or you are asking about some advice. But here are some tips for newly business persons. Most of the people have dream to become an entrepreneur but they don't do so. If you want to succeed then you must listen other members of the family, friends and experts persons if you want to succeed.
 
Develop a powerful message. Focus on the customer and fully understand the market. Try to start small and grow. Understand your own strengths, skills, and time available. Surround yourself with advisors and mentors. You need a mentor. Write a business plan.
 
Starting a business is not as easy as people think of it. Many people thinks is quite easier to start one ,and that's why they enter into it without adequate preparation ,and in the end they lose out from it.
There should be a well written business feasibility plan ,which should be followed strictly.
 

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Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
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