1. Every person use what he/she has studied on career development. When a
person graduated in college, he/she starts to find job to earn money for the
everyday living. He/she starts to earn and save money to buy his/her needs and
wants. There are people who quit on their job and just start their own business.
People choose to start their own business because working in a company brings
more stress than running their own business. There are also some people who
choose to work in a company because of the thinking that a business is like
Most businesses don’t succeed because owners have lack of knowledge on
running a business. That’s the reason why people don’t dare to try establishing
their own business because they think that they’ll just waste money and common
thing that happen is they just find a company wherein they can work.
If you want to establish your own business, the first thing you need to do is to
motivate yourself. Nothing will happen if you just think about other businesses
that fail, it’s still up to you how you will run your business to make it successful.
2. You definitely want to run a business that you like. For example, you love
clothing; you may then want to start a clothing business. You need to be sure
on the type of business that you like and make sure that you got knowledge
on the products or services that you sell. You surely won’t enjoy selling
products or offer services that you don’t like and the possible thing that will
happen is you will quit doing your business. When you choose the type of
business (products or services) that you like, you also need to have reason
why you like it. Most people choose the products or services that they sell or
offer because of the numbers of stores in their area. For example, there are
only few stores in your area that sells clothes; you will definitely want to start
a clothing business.
3. You will more likely choose a business that you have knowledge about. Having
knowledge about the business that you will establish will be a big help on
making it successful. For example, a customer asks you about a certain
product, you can immediately answer the questions and you can provide lots
of information about a certain product. If you don’t know what to say about
your product to your customer, the possible thing that will happen is your
customer will transfer to other stores that can provide an answer. Your
customers will definitely trust you if you provide additional tips or advice
when they are buying clothes on your store.
4. The next things that you need to think about are the obstacles. Before you
decide on the business that you like, think about the number of your
competitors on your area. For example, you plan to start a beauty product
business but there are already lots of stores that sell beauty products in your
area. The possible thing that will happen is you won’t be able to sell many
products because your competitors already own the trust of the people in
your area. It will definitely be hard for you to make their customers yours. You
also need to check the place where you will put up your store. Make sure that
you establish it in a place where there are lots of people like near the park or
much better if you build it in a city.
5. After you chose the business that you like and after you thought about the
obstacles, the next thing you need to think about is when you will start it. You
need to set a timeline for your business. If you set a timeline, you will
definitely be motivated to achieve your goal and get it done on the given
time. If you just think about it and you are not sure when to establish your
business, there are times that you will become lazy and forget about your
business. If you are busy on other things, you will sometimes forget about
your other plans especially if you are focused on other things. All you need to
do is mark your calendar on the day that you plan to start your business. In
that way, you will stay focused on it.
6. When you plan to establish your own business, you need to have a budget.
Your budget can tell if your business is possible to be established or not. But
before you set a budget, you need to know how much it will cost you to build
your business including the products that you will sell. The more you invest,
the more money you will earn. Also, make sure that you gain profit on your
investments. You also need to look for suppliers. For example, you are
planning to sell clothes, make sure you have a supplier of clothes.
7. This is the thing that you need to have in order to be motivated on starting
your own business. If you gain support from your friends and family
members, you will definitely be focused on achieving your goals or dreams. If
your family and friends support you on your plans, they will definitely give
you a hand or will help you to achieve it. Sometimes family and friends can
even support you on your financial needs. Sometimes it is hard to focus and
dream about something if no one supports you. So it is important to gain
support on what you want to do.
8. If you enjoy reading this post, feel free to comment your thoughts below.
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