HOW TO START YOUR BUSINESS: 5 SIMPLE RULES
1. Between wealth and own business is not worth an equal sign
Where does any business start? You will never guess – with desire, of course! But as you know, the devil is in the details. If you only want to improve your financial situation, then it still does not follow clearly that you need a business. For example, any of the “shuttles” on the market is a businessman, like the grandmothers who sell seeds. But this alone does not make a person rich
On the other hand, by working for hire you can get a very good salary. One of my friends, a young man, has a salary of 180 thousand rubles a month. Moreover, business trips abroad, expensive hotels, company cars. Does he need his own business, with his headache and risks? I’m afraid not. Try to make a career in a large corporation.
2. Its business is always a risk, but not always a success.
There is a brutal statistic that claims that two thirds of companies are closed in the first year of operation; of those who stayed, two thirds close in the next year. That is, only 10% of firms have a chance to survive in two years. Of course, there are firms that open only to immediately close
Another statistics: before you find a profitable business, you will have to try an average of five to seven times. Be prepared for repeated defeats. Worse, the most lucrative projects involve serious risk. Less risk – less margin
3. Successful business is always innovation.
The main thing in the project is the idea. Any successful business is always an idea that distinguishes it from others. Of course, you can open a kiosk at a bus stop and trade, like hundreds of others, chocolates and beer, but you won’t succeed in business. You can not go to the business in the tail. If you see an innovation that can make money, cling to it. Learn it, explore
Good advice: innovation in your city is sometimes something that in another city is a well-known business. Almost everything new is forgotten old, or just little known. Study business in other cities and countries, pay special attention to what is not in your city yet. It is even easier, because the idea has already proved the right to exist. There is no interesting idea – do not even bother. Ideological competitors just gobble up you
4. For the start-up business, the money you need is the minimum;
There is an opinion that for your business you always need a good start-up capital. In most cases this is not the case. If, of course, you want to open a restaurant – yes, you need a lot of money. Most of the world famous businesses started literally from kopeks. Examples: Microsoft, Macintosh, Coca-Cola, Kodak, Google, and many others.
If you start the right business, then he starts to feed himself soon enough. Your task is to hold out for a short period of time, two or three months, on a starvation diet. As a rule, in a quarter it will already be known whether there is a prospect, and whether it is worth continuing the business, or whether we should cover it
5. If money is needed for a business, they will definitely be found.
Well, if the circumstances are such that you need money – you can always find it. The standard search pattern is relatives, friends or fools. The last in our country a huge amount, do not believe – ask Mavrodi. If friends do not want to just lend money – offer them a joint business. If that didn’t work either, I’d be in your place if you need a business at all. But exceptions are
If you consider yourself a genius – take a loan from a bank, now it’s easier than ever. Only the loan you need to take is correct. This means that you should not pay monthly, but at the end of the period. You can still win the city or regional competition and get a solid tranche from the authorities. But here you need the ability to write business plans, but it is not for everyone to do. You can simply come to a rich entrepreneur with the idea of investing …