mental preparation: starting your business with the right mindset!

[Usama Iqbal]

I think to make the business successful is the first thing that should be in our minds financial management is important . So we should think about financial management before starting the business. Attitude is also important factor . We should create positive attitude in minds . These are factors should be in our minds before start a business.

 

[Jlife]

Yes you're right and also anyone that is going into any type of business should try to go into a business they have an understanding about and if you do not have an understanding about the particular business they should learn it and they will succeed in the business.

 

[maventiger]

Yes you're right and also anyone that is going into any type of business should try to go into a business they have an understanding about and if you do not have an understanding about the particular business they should learn it and they will succeed in the business.

very true @Jlife not having proper understanding of a business before venturing into such business is never a wise decision. Starting a business the right way is what we all want in business.

 

[Jlife]

very true @Jlife not having proper understanding of a business before venturing into such business is never a wise decision. Starting a business the right way is what we all want in business.

okay take for example a situation in which you are going into a business newly but your competitor knows a lot about the business and they know the tricks on how to get people to patronize them and you you do not know then how will you be able to succeed ?
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very true @Jlife not having proper understanding of a business before venturing into such business is never a wise decision. Starting a business the right way is what we all want in business.

okay take for example a situation in which you are going into a business newly but your competitor knows a lot about the business and they know the tricks on how to get people to patronize them and you you do not know then how will you be able to succeed ?

 

[Nemezy]

Never start a business for the sole purpose of making money, this is the quickest way to drive away potential customers and/or get burnt out.

Also, don't put so much pressure on yourself to matter to the world. You don't have to change the world (not right away). Just focus on a need and find out how to fill that void.

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The aim of every business is to make maximum profit, any business oriented must have a goal and principle, if there is no gain in business it dose not actually make sense

 

[Philip Omotayo]

Being mentally sound is one of the effective ways of starting a business. If one is not mentally okay, to start a business is difficult. Mental readiness is the best way of saying one is ready to start a business.

 

[Ibrahim1]

As for me I believe everything you said they are all true but must of them have towards a business must not be solely based on point, If you start a business, lots of people depends on yo as an employee

 

[Seun4luv]

Put yourself in challenging new situations. Be open to finding a mentor. Think of failure as a learning opportunity. Keep a folder of your proudest moments. Surround yourself with top talent. Find time to disconnect from stressors.

 

[Shaffy]

No matter how determined and passion on is for starting a business, the end goal or aim is always to make profit.So in simple terms, if you are not averagely self sustainable when starting out, I would say you look for something that cost little capiatl but with daily , weekly or monthly returns guarateed no matter how little( Edibles) .This you can use as a stop gap before your main business break-even. Otherwise without a support system, starting a new business can drive you off before you reach its potentials.

If someone implements this strategy, you can be sure to succeed.

If you have a business that's not making profits, and you have both personal expenses and the ones brought on by the business, it will be hard to concentrate and do what is needful to succeed.

 

[Sheyemanu]

I couldn't have agreed more with you on this, when you have the right mindset towards your business, the situation will always move well for you. If you have a negative mindset of things always going wrong, then your business will go wrong too. Therefore, after capital to start up a business, positive Mindset comes next and then you are good to go

 

[BuchiBankz]

Never start a business for the sole purpose of making money, this is the quickest way to drive away potential customers and/or get burnt out.

Also, don't put so much pressure on yourself to matter to the world. You don't have to change the world (not right away). Just focus on a need and find out how to fill that void.

You are right. Most young people enter business just for the purpose of money forgetting there are other things needed apart from money, one need to create a friendly business environment that will make customers to always call again.

 

[Bright Empire]

Dont be optimistic when you want to start new business, it will help you to start the business with the right mindset.

 

[Adventurer]

Never start a business for the sole purpose of making money, this is the quickest way to drive away potential customers and/or get burnt out.

Also, don't put so much pressure on yourself to matter to the world. You don't have to change the world (not right away). Just focus on a need and find out how to fill that void.

In addition have a positive mindset, you may feel afraid when starting out but shelve your fears aside and aim high.
Don't compare yourself to anyone work at your own pace and have your own goals you want to achieve.

 

[maventiger]

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The aim of every business is to make maximum profit, any business oriented must have a goal and principle, if there is no gain in business it dose not actually make sense

@Nemezy We still see business owners and young entrepreneurs who still run their business till date not because of profit but social benefit. We have so many businesses that still cherish social benefit more than excess profit.

 

[shakky2]

starting your business with the right mindset is very essential because it is very important starting a business with a positive mind and also being optimistic about it as business preparation commence from preparing yourself mentally and physically

 

[Setho]

This your statement made me to recall that when elon musk started amazon he projected the company not to make any profits in about 2 years. That is why I'm business it shouldn't just be about the profits especially at the very early stages.

 

[FreshKaz11]

Never start a business for the sole purpose of making money, this is the quickest way to drive away potential customers and/or get burnt out.

Also, don't put so much pressure on yourself to matter to the world. You don't have to change the world (not right away). Just focus on a need and find out how to fill that void.

I like this more when you said don't think of making much profit overnight, because most people that go into business always think they could make all the profit in a day,but at the end they end up losing it all I guess.

 

[GIFTMICHAEL]

When starting up a business we should be mentally ready to carry out the business responsibilities and move the business forward. Mentally ill person can be steady running a business.

 

[Donkiz]

One of the major reason for establishing a business is making profit, which helps to ensure that the business remains viable and afloat. But profit making shouldn't take the center stage when starting a business, rather customer satisfaction and retention should be the focus, and when that is achieved, other things will naturally fall in place.

 

[Victor001]

Don't run a business using scheme of probability,try in your way to think positive about your business,the outcome or success of a business is dependent on the mindset.