Making the decision to chase your dreams can be a frightening one. Making large changes to your life and how you live it is never easy, but by breaking the path to your dreams down into manageable goals, you can make the transition a much easier one. Achieving your dreams is possible, you just need a good plan. For more information, click the link in the description and check out my Youtube video. https://youtu.be/tUIKzTzVlFQ

1. CHASING YOUR
DREAM-WHAT'S
STOPPING YOU?
AAMIR QUTUB ACADEMY PRESENTS

2. What We'll
Discuss
Failing in something new can only be altered by trying again and
again
How an hour of learning everyday can transform your life?
Stop building a low-priced Business Model
Strengthen your business in an economic downturn
Helpful tips before venturing out
What Is Startup Pivoting?
Helpful tips for laundry business
Don't neglect market research
A A M I R Q U T U B A C A D E M Y

3. A A M I R Q U T U B A C A D E M Y
FAILING IN SOMETHING NEW
CAN ONLY BE ALTERED BY
TRYING AGAIN AND AGAIN
• Failure breaks only those who see it as absolute loss,
as an end in itself. Failure is a wild horse you need to
ride towards achievement and success;
• Successful entrepreneurs have failed many times
before achieving victory;
• The road to success is never adorned with beautiful
flowers, soft carpets, or gorgeous sights! Savvy
entrepreneurs are those who use the thousand
failures as building blocks to rise higher;
• That is why they never get tired of trying, no matter
how often they fail.

4. • Most people spend countless hours doing mundane stuff
in their lifetime, but when it comes to nurturing their
hobby or passion. What do they do?
• They atleast spend one hour doing something from which
they can gain knowledge or master the skill;
• For example: One hour spent learning about a new topic
or a new book makes you that much closer to being
respected by your boss and peers. Plus, the benefits to
your general knowledge and vocabulary will be palpable.
HOW AN HOUR OF LEARNING
EVERYDAY CAN TRANSFORM
YOUR LIFE?

5. STOP BUILDING A LOW-PRICED BUSINESS MODEL
• The financial estimates of low-cost players vary from those of traditional businesses;
• They gain lower gross margins than conventional players do, but their business models turn them
into higher operating margins;
• These operating margins are magnified by the higher-than - average turnover rates of the firms'
assets, resulting in remarkable returns on investment;
• As a result of these returns and strong growth rates, the market capitalization of many start-ups is
higher than that of industry leaders, considering the latter's broader equity base;
• However, the pricing is not a sustainable competitive advantage. Prices can change almost
instantly. Your competitor can change prices just as quickly as you can.

6. WHY DO YOU NEED TO MAKE A UNIQUE
BUSINESS MODEL?
• Moving to a new business model – such as from a product focused
to a service/solution focused one – will not provide a significant
sustainable advantage if your competitors are moving to that
business model as well;
• The key for a sustainable competitive advantage is to move to a
relatively unique business model in your industry;
• It could be an enlightening and creative exercise to work on
imagining new business models with your team.

7. A A M I R Q U T U B A C A D E M Y
STRENGTHEN YOUR BUSINESS IN AN
ECONOMIC DOWNTURN
• The stronger your business is, the less likely it is to be affected by risks —
if they do eventuate — or unforeseen events;
• Strengthening your business doesn't just involve financial management. It
also includes strategies to retain and broaden your customer base, market
your business affordably, keep morale high amongst your staff and
improve business practices;
• You should also look for opportunities to network and form alliances; this
will help minimise your exposure to risks.

8. A A M I R Q U T U B A C A D E M Y
• Attend Meetups;
• Keep networking to find opportunities and gather knowledge;
• After choosing an idea for your startup, try to look up for those people in
the industry who have already worked on the same business.
THINGS YOU SHOULD DO TO BROADEN YOUR
HORIZON WHEN IT COMES TO VENTURING OUT

9. A A M I R Q U T U B A C A D E M Y
WHAT IS STARTUP PIVOTING?
Pivoting is basically a transition in the business strategy, to navigate your
business in a lucrative or beneficial situation. Pivoting usually occurs after
feedback from either the customer or the product expert or the strategy
currentlyemployedby the company.
Pivoting is usually part of a startup because, during the initial phase, without
proper supervision, there is a chance that you might have skipped a particular
aspect, and after funding, either from an Angel Investor or a Venture Capitalist,
youwill get an overviewto do betterin a specific area.

10. A A M I R Q U T U B A C A D E M Y
LET'S TAKE AN EXAMPLE OF A
LAUNDRY BUSINESS

11. A A M I R Q U T U B A C A D E M Y
TIPS FOR LAUNDRY
BUSINESS
• TRANSFORM YOUR BUSINESS MODEL
Make a unique, tailor-made business model for your laundry
business which can differentiate your business from your
competitors.
• CREATE AN APP
Create an app where your customers can schedule pickup
timing as per their liking and choose subscription for the
same.

12. A A M I R Q U T U B A C A D E M Y
DON'T NEGLECT MARKET RESEARCH
• Before you begin the venture, conducting market research can be an effective
way to ensure there is demand for a service in your area;
• Carrying out market research will help you determine how customers are likely
to respond to your new venture;
• When you skip out on market research, you miss valuable opportunities that
will help your business in the long run;
• Successful business owners know their markets, understand their competitors’
and customers’ wants and needs, and gather all the information necessary for
their businesses to be competitive.

13. WANT TO KNOW MORE?
Making the decision to chase your dreams can be a frightening one. Making large
changes to your life and how you live it is never easy, but by breaking the path to
your dreams down into manageable goals, you can make the transition a much
easier one. Achieving your dreams is possible, you just need a good plan.
For more information, click the link in the description and checkout my Youtube
video.
https://youtu.be/tUIKzTzVlFQ