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There are certain people who are born with the business acumen and they don't need the studies in the schools for them to become good business men and women in the society.It is like that as you said buddy, I understand not everyone go for business mentorship some are simply in-born with the business idea, they learn on their own to succeed.
It may not be that you must need a mentor before you can start up a business but just having experience on the business and having a general knowledge of the business that you want to start up would be adequate for you to start up a successful business.You do not just wake up in the morning and decide to start up a business and Adventure into it without knowing some things,a mentor is needed for a start up business
Yeah, starting small is way better than having to abort all your plans because of lack of enough capital. When you plan yourself well, you will end up getting enough capital to start the business, even if that means starting with a small amount.Yeah. This is right. I have seen many people aborting their plan just because they totally failed to realize the amount that ws actually required to get the bsuiness started. This is why I always believe that people should start small.
Yeah, starting small is way better than having to abort all your plans because of lack of enough capital. When you plan yourself well, you will end up getting enough capital to start the business, even if that means starting with a small amount.
Most importantly a business plan should be laid down, seek professional advice from experts and learn to be disciplined if your not. Can you share more lights on this...
That is a very good idea. Indeed it is best to have an alternative strategy just incase things don't work out as planned. That is when you will be able to deal with any challenges that may occur.A very good thing that we should try to follow and develop is building an alternative plan to the already established strategy that you have planned in case it all goes South.
Mentorship is very important and if possible learn the business from those already in the business for few months to understand how the business operates before starting the business.Most importantly a business plan should be laid down, seek professional advice from experts and learn to be disciplined if your not. Can you share more lights on this...
A.bsolutely because it is better to spend more time or research to know more about the business especially the challenges and the opportunities before embarking on the business.To me, making research about the business you wish to start is very important and it's one of the foundation of starting a business. this will helped you to have a broad perspective about how to run the business effectively and manage your resources.
That why it is very important to always do your feasiblity and thorough research about the sector you really want to go into.Understanding the market is very important so you can know the prefrence of the target customers.In starting a business it is expected you seek professional advice make a research that is survey about the business you want to invest if not you will end up investing what is not of peoples demand and is not alt all competitive in the market or end up running at lost.
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