Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,429 members, 7,808,530 topics. Date: Thursday, 25 April 2024 at 01:05 PM

7 Surefire Tips To Start Your Own Business - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / 7 Surefire Tips To Start Your Own Business (942 Views)

A Surefire Business You Can Start With #3,000 Without Leaving Your Room / 22 Surefire Guaranteed Steps To Make More Money In Your Life / 13 Hot Surefire Steps to Start A Mobile Restaurant With Zero Capital (2) (3) (4)

(1) (Reply)

7 Surefire Tips To Start Your Own Business by opositive(m): 6:25pm On Mar 24, 2012
Entrepreneurs are not born,they are made.So if you’ve been thinking about starting your own business,fear not.Here are 7 surefire tips to lead you in the right direction;

1. Make sure there is a ready market[/b].You don’t want to go headfirst into a business and later discover that the market is saturated.Do your research.Innovate and create a new product if you can.You want to be sure that you can get a major share in the market, so that you can break even in no time.Look around you and find businesses with a space for you in the market.Also make sure that your product or service is really needed by people.Where there is a need, there is a potential business.

www.opesays.

2. [b]Learn all you can
.Now most entrepreneurs miss this step,not realizing that it’s the most essential step throughout an entrepreneur’s life.If you want to succeed in business,you gotta learn all you can about your business and business in general.Read books,search the internet,listen to tapes,watch videos, and learn from people in business(mentors). You wouldn’t marry someone without knowing them,would you? So why going into a business without learning all you can about it?

3. Choose a good business name and define your brand.Choosing a good business name is not an easy task ,as most good names are already taken.So how do you choose a name for your business? Scout the internet for ideas, name generators such as www.wordoid.com are a treasure.Take your dictionary off the shelf and dust it,you might find some great ideas in there.Also get ideas from friends and family.Be careful though, for you want to choose a name that defines your brand and what your business represents.

What do you want your business to portray,what comes to people’s mind when they think about your business? Decide on that and build your brand from there.Make sure your brand does not send out conflicting messages.

4. Do your feasibility studies and research.This cannot be emphasized enough.Research to see if it will be a profitable business.Research the location for your business,research the capital you’ll need.Are there rules or associations in your business? Research, find out all you can.

5.Create a business plan.If you don’t plan,you plan to fail.In business,this saying rings true than ever.When planning,you see all the flaws and loopholes in your idea.When planning,the benefits of your idea become clearer to you.When planning,you business comes alive on paper.Even if you won’t need an investor and only you will ever read it,create a business plan anyway.You can find free business plan templates here http://www.bplans.com/sample_business_plans.cfm

www.opesays.

6. Go global.The world is a global village on the internet.Make sure your business is seen and heard on that platform.Create a Facebook, Twitter,LinkedIn pages and a website for your business.The world is your stage,people are watching ,tell the story of your business in the best way that you can.

7. Believe. After doing all the above,believe in yourself and your business idea,even when nobody else does.You need a firm belief in yourself and in your idea to succeed.

So that’s it! I hope that was helpful.For more of this,please join me at my blog www.opesays.

(1) (Reply)

CD/DVD/USB/SD CARD Cheap From India(importers Needed) / 21 Ways Rich People Think Differently / Is It Possible To Start A Business With N100?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.