What do I need to succeed In a business?

[Kane]

If you want to succeed in business, you should want it badly. If you don't have intent, you will never succeed. If you already have intent, you need to work hard. Only hard work can make you successful. If you already have these qualities, you need a business idea that can work for you.

 

[jeffreyebonapacia27]

for your business to be successful it must be carefully studied before starting. Nowadays you should be sure of what you are doing especially when it comes to money because when you go bankrupt you will eventually be miserable.

 

[Caali]

A lot of things are needed to succeed in business. The list is infinite. But the only thing that matter is “Perseverance”. Your continued effort to do or achieve something despite difficulties, failure, or opposition - that is what defines you.

 

[Quert]

I believe that everyone is capable of succeeding in life, its just that not all of us knows how to use the skills we have. I guess what lacking on some business that fails are consistency and perseverance, I believe a businessman should have this two characteristics to succeed in life.

 

[Caali]

Business is all about 1% Idea and 99% execution. There are many great ideas which have fallen flat due to lack of execution. Many people will say that try to start a business in your interest areas and you will definitely succeed. But according to me, a business is basically finding a solution to a problem, be it your area of interest or not. If it is your area of interest it will be the best case scenario but literally doesn’t matter.

 

[Usama Iqbal]

Everyone want to make his business successful. It is not easy to start a business and then make it successful . There are many factors that make a business successful . If you want make his business you should have knowledge about it. If you want make some products . You already know what kind of products are the demanding in the population. From this you can make your business successful.

 

[Kiko]

Genuine need. True business opportunities meet needs or solve pain points people have in their lives. The best way to discover these needs and pain points is by being intimately involved in a particular field or industry. Credible experience. Knowing the products, services, and problems in an industry not only helps you avoid the pitfalls of trial-and-error learning, but it also gives interested parties the confidence that you’re the right person to build this business.

 

[Gilead]

To be successful in any business, firstly you need to do the feasibility study of the business idea . After that you need a solid business plan to put all necessary things in order.

 

[Chizfab]

The first thing is having a business idea, write out your business plan, carry out market research, ensure your product is accessible in term of location, advertise your business. Do not forget to register your business legally. Finally, you need to have a passion for the business. Good luck.

 

[iamgroot]

Find out the income of your business. This thing is very important, you need to have simulations or projections of what you expect from your business, but remember it all still depends on your work and your business plan. But by this point you should know that the income in the industry you entered or what we call your potential income is more or less. To be sure, the target potential income based on your projection should be more or equal to the amount you invested. Thats it, you earn. But remember, it will still remain a projection if you do not take action.

 

[RETIRED SINNER]

We all know that owning a successful business is a very difficult thing, many people go into businesses with much enthusiasm, with the hope of being successful but they end up failing, some seems to be doing the right thing but results where not encouraging.
What do you think is needed to make a business successful?

However, surprisingly enough, 80 percent of businesses started by experienced businesspeople succeed. Now why should this be so? The reason is because experienced businesspeople know what to do. They know how to purchase their products and their services. They know how to negotiate with their suppliers. They know how to raise money. They know how to negotiate leases. They know how to sell and to market. They know how to manage their finances. In other words, experience is the key. In order to start your own business and succeed, you have to learn how.

 

[Zevin]

Businesses need capital, without capital, your business will never materialize. You need skills and knowledge to do business, if you do not have skills and knowledge, your business will never become successful. Business is not a one-man show. You need a team of highly skilled individuals who work jointly to make the business successful.

 

[Felixko]

there are so many ways in succeeding in a business but the most importance things are: doing more research about the business you want to start, consider the location of the business and taking good decision about the business. All these mentioned above can help an individual to own a successful business

 

[Cee C Chriss]

Knowing the nature of the business matters,it should be lucrative enough and if it's something you can handle at your own at any cost. Your capital too is involved,to know the size of business to set up. State your budgets,to direct your parts. Mostly strategies to carry each task involved.

 

[Divulgence]

Starting a business requires analytical thinking, determined organization, and detailed record-keeping.
It’s important to be aware of your competition and either appropriate or improve upon their successful tactics.
You’ll almost certainly end up working harder for yourself than you would for someone else, so prepare to make sacrifices in your personal life when establishing your business.
Providing good service to your customers is crucial to gaining their loyalty and retaining their business.

 

[Ifective]

Before you start a business, you must have prior knowledge as to how to run the business in order to succeed. One way to succeed in a business is through research. Make research on the product you are selling and make sure you are well aware if customers have reject such product in the past and look for better ways to attract customers to the product.
Also, we need to target the right market. Don't direct a product meant for the youths to old people

 

[Eren Jaeger]

Just start small first. Then see if the business your doing is profiting good. After that evaluate and if you like your business then continue with it.

 

[mizzzlotam]

Constantly evaluate how progress in your business. Assess your business ( what are my doing right and wrong) in a weekly basis. Then improve on it. Make sure you are solving a need in the environment where you operate.

 

[MarieArie]

We all know that owning a successful business is a very difficult thing, many people go into businesses with much enthusiasm, with the hope of being successful but they end up failing, some seems to be doing the right thing but results where not encouraging.
What do you think is needed to make a business successful?

To succeed in a business, you have to have some certain requisite of knowledge. You need to understand the power of customer service, you need to understand the importance of people management, your staff and your customers. You need determination as well as self control.

 

[Chibson]

If you want to succeed in business, there are many things you will do. First of all you need to understand the kind and scope of business you're going into.
You must be patient in business and also understand the kind of value you are giving to the people.
Tenacity is needed here and determination. You need to be competitive enough and understand what competition means.