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Advise for people who wants to start a business.

  • 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.
One of the most important advise that you can give to someone that wanted to start a business is to always speak up about their business especially when they are going through a hard time.
 
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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.
I couldn't agree more with you when you say that for anyone to be successful in business that he or she must do anything that is doing very well as specialisation in whatever you want this is one of the greatest with that one can make his or her business to become very successful.
 
I would advise people to first form a proper startegy before starting a business. You must always test the waters before you actually dive into the water. This saying matches perfectly when it is said in regards to starting business.
 
It's always good to be focused. When you are focused you will make headway easily than when you are doing many things at the same time . The advantage is that you will get to know more on the particular niche that you have chose. Do not be jack of all trades , master of none.
 
You just pointed out a good point in business and that is why specialization is very important in business. If you specialize in one single thing people will definitely see you as a professional in it
 
It is best to know your final consumer first because they are the drivers of your business. If you are good at what you do and there are not enough people to patronize you, one can go bankrupt. To avoid that, know your audience first and target their needs.
 
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.
Well that is right the goal is for you to be comfortable and not asking any one to help you out venturing into different business and doing them well will really fatch you good money
 
I always advise people who wants to venture into any business to seek knowledge and mentorship first because it will really help them.
 
The most important of this all is proper business planning ,because without these things it will be very difficult for newbie to start up a business .then money is also the most important things.
Money and plans is a welcomed one. One without this two isn't prepared to manage his or her own business long time and succeed.
 
You need a support system while you're starting a business (and afterward). A family member or friend that you can bounce ideas off and who will listen sympathetically to the latest business start-up crisis is invaluable. Even better, find a mentor or, if you qualify, apply for a business start-up program such as the ones provided through futurpreneur canada. When you're starting a business experienced guidance is the best support system of all.
 
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?.

Seriously, I always tell someone who wants to start up a new business to who wins and devil to make sure that he or she carries had a very detailed research about the business that he wants to start.
 
Money and plans is a welcomed one. One without this two isn't prepared to manage his or her own business long time and succeed.
Some people can actually claim of starting a business with $1 aspecially some motivational speaker in Nigeria, I don't know if this is really possible ,but do you believe in them ?
 
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.
1 basic advice to people who want to start a business is for them to have good plans and you able to make this plan come toreality
 
The first thing he need to do is to recognized the niche he want o occupy in the business world and being to develop himself on that niche.
 
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.
For anyone who want to start a business is a good idea starting a business help to improve your monetary value on your financial buoyancy.
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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.
My best advice to people who want to start a business is for them to go ahead and start a business but first of all make sure you must have a good plan and a good idea before engaging in any business
 
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In starting a business you have to be knowledgeable about the business you intend to do,you have to be focused, straightforward and be prudent.
 
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?.
The first step to starting a business is to carry out a feasibility studies,the study should include market survey analysis of strength, weakness opportunities and threats also factor in price of input to be used in production process.
 
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.
Well you are very right in your submission when you say that for a business to focus on a particular niche will favour them in the long run rather than then diversifying in several niche and this same scenario is playing out in several organisations that are diversifying his civil business is what are the end of the day they are not being successful but for a business that is known for a particular product become more successful than them.
 
If you will want to start the Business of any kind then I will advise you to take time and develop yourself very well around the dos and don'ts of that industry.
 
The first step to starting a business is to carry out a feasibility studies, the study should include a market survey analysis of strengths, weaknesses opportunities and threats also factor in the price of input to be used in the production process.
True. It is important to get an idea of the business environment and so many other things before diving into the business. Carrying out feasibility research helps resolves that problem.
 

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Would You Rather #9

  • Start a forum in a popular but highly competitive niche

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  • Initiate a forum within a limited-known niche with zero competition

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