Many start-up entrepreneurs limit their creativity with the “lack mentality” while some companies with potential for high-growth complain about insufficient working capital to scale their business. Choosing an affordable business, one within budget is a reasonable way to achieve progress and success.
I started small using my time and abilities. My limitations were just unreal, so are yours. Make up your mind to start now. I bet you will find the tips below very helpful;
☆ Take an inventory of your skills and knowledge.
☆ Test your product or services as a virtual company.
☆ Revise your idea to achieve low capital requirements.
☆ Avoid fixed cost and enjoy low risk with affordable one-off payments.
☆ Make a realistic business plan i. e. revenue minus expenses equals desired salary.
☆ Generate attention using free marketing tool like Facebook, blogger and public presentation.
☆ Increase your income by networking - never sell to strangers, build new relationships.
☆ Keep a part-time job for support during moments of hardship or investment.
☆ Mistakes are acceptable, do not prolong the plan - get started.
☆ Spy on successful entrepreneurs, check websites, learn fast and be a doer.
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Wow, this is quite helpful.Thanks, Ade.
ReplyDeleteI am glad you found the tips helpful. Go for it - take actions now.
DeleteLooking forward to hear more of your success stories.
Best wishes
I must also add that startup are really facing difficulties especially when it comes to decision making.
ReplyDeleteAdam Grant, author and professor at Wharton has this to say:
If no one would ever find out about my accomplishments, how would I lead differently?
Start up need to find this post interesting.
Thanks
ReplyDeleteAde.Am Learning
Fast and
Also
Working
On
Being a Doer indeed
Thumbs up Hepzibah. Stay Focused
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