Tips for successful business

[Ralphjoe]

Really important points, if I would add anything it would be to butress your first point, learn first earn later. Each business or venture need to pick up from somewhere so one would do good to learn how best to earn

Learn first and earning later is one of the best points that he has outlined in this article and it is very true that the best way that anyone can make money or make his business to become successful is by focusing more on knowledge than even the capital.

 

[Shigobad20201]

If you lack the knowledge to get going through business, it will be nice you seek mentorship to expand your knowledge on the business you have in your radar.

Discipline is very important aspect if you want to be succesful in your business and you must have knowledge about the business you are aiming to start before venturing into it.

 

[Richard92]

The business that you intend to do will determine how you will source capital for it. If you do not save any amount of money, you can take a loan to finance it.

Tips of successful business you have a plan before starting a particular business because you need to have good source of capital.

 

[Ub40]

There are so many tips for successful business just as mentioned above. One must lay a very comprehensive plan on ground before going into any business, be it offline or online. Another thing I always add is not to do business because others are doing it, but because you have passion for it. That is my opinion.

 

[Grandeur]

Learn first and earning later is one of the best points that he has outlined in this article and it is very true that the best way that anyone can make money or make his business to become successful is by focusing more on knowledge than even the capital.

Although, one needs to consider also the capital as it would be demotivating if you are only working and getting little profit after you have planned so much.

 

[GIFTMICHAEL]

Discipline is very important aspect if you want to be succesful in your business and you must have knowledge about the business you are aiming to start before venturing into it.

Yes, the knowledge must be there for the person to take it far when it comes to managing a business. When the knowledge isn't there, their is no how the entrepreneur will make it far.

 

[Ralphjoe]

Although, one needs to consider also the capital as it would be demotivating if you are only working and getting little profit after you have planned so much.

You are very right as a capital that is needed to start up a business is very important for you to be very big so that the business can be earning some very reasonable profit in the long run.

 

[ahmedo24]

Yes, the knowledge must be there for the person to take it far when it comes to managing a business. When the knowledge isn't there, their is no how the entrepreneur will make it far.

Capital to an extent if one is Patience you could get it and even start as little as you can but if you don't have the knowledge about the business and you have the capital and you're likely going to lost out from the business.

 

[Grandeur]

You are very right as a capital that is needed to start up a business is very important for you to be very big so that the business can be earning some very reasonable profit in the long run.

It depends though, I just feel that one should start small whatever type of business you wish to start so you can be able to tell how it works without just concentrating on the profit if you start big.

 

[GIFTMICHAEL]

Capital to an extent if one is Patience you could get it and even start as little as you can but if you don't have the knowledge about the business and you have the capital and you're likely going to lost out from the business.

Yes, it isn't all about the capital alone. We ought to have understanding around the business which we choose to keep it running for long time.

 

[Ralphjoe]

It depends though, I just feel that one should start small whatever type of business you wish to start so you can be able to tell how it works without just concentrating on the profit if you start big.

I believe this advise concerning starting a business small so that you can be able to understand it very well it's quite a very sound one and I believe that if everyone can start a business small then they will have a better knowledge of the business as it grows done starting the business very big which will be will be very complex to understand.

 

[Immilash]

Tips for a successful business
There are many many tips for a successful business but there is one thing I want you to know and understand you can never succeed with out you failing is a must failure

 

[skyliequiz]

When things get tough on your entrepreneurial journey, you have to make a commitment to keep pushing forward, despite the discomfort and anxiety that comes with the following steps. You will achieve success if you feed your huge vision with perseverance and the mindset of "only forward."

 

[Grandeur]

I believe this advise concerning starting a business small so that you can be able to understand it very well it's quite a very sound one and I believe that if everyone can start a business small then they will have a better knowledge of the business as it grows done starting the business very big which will be will be very complex to understand.

Exactly, starting a business big would only bring complexities because there are many things about a business one would most likely not be aware of until the business starts.

 

[Sotherefore]

The business that you intend to do will determine how you will source capital for it. If you do not save any amount of money, you can take a loan to finance it.

Yeah getting a loan can be a source of getting money to start up a business but what are we going to do about the risks that involved in getting a loan to do anything, what if we are not able to pay it back ?

 

[Razor1911]

Yeah getting a loan can be a source of getting money to start up a business but what are we going to do about the risks that involved in getting a loan to do anything, what if we are not able to pay it back

Getting a loan these days is not a problematic task like before, you go to a bank and apply for the loan. Submit your all necessary documents and you will get your money after verification is done. also there are some private companies who provide loan for businesses

 

[Dot]

Youre points are good but generic. Its not all about the motivation its about trying different ways to market, experiment with your clients or viewers learn what works and doesn't and fix it quick!

 

[Heatman]

As of my experience with business world my best tips and advice are :
# Learn first and earn later.
# In business a good mindset matters.
# Don't wait for the right time or else you will lose. opportunity with your clients.
# keep journal every time you attend seminar.
# Follow someone who is smarter than you.
# Have daily,monthly goal.
# Always dream big.
Wish you all the best !

Seriously, it's one of most important ways to work on your business by making sure that you carry out business research every now and then for the benefit of your business.

 

[Sotherefore]

Getting a loan these days is not a problematic task like before, you go to a bank and apply for the loan. Submit your all necessary documents and you will get your money after verification is done. also there are some private companies who provide loan for businesses

It is just easier to get a loan now, I guess because of technology and digitalization, you still need a collateral if you are thinking of getting a reasonable amount of money as a loan from bank or other organisation.

 

[ahmedo24]

Some of these organisations that make loan very very easy to access do charge highly exorbitant percentage profit which is not ideal for starting a business or growing it.