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Imitator entrepreneurship.
Imitators are entrepreneurs who use others people’s business ideas as inspiration but work to improve them. They are willing to think of new ideas and work hard, yet they start by copying others. People who are imitators have a lot of self-confidence and determination.

Imitator entrepreneurship
An imitator entrepreneur is like combining and imitator with a hustler. They have a bit of each other’s personality they are willing to think of new ideas and work hard, yet they start by copying others. They have a lot of self-confidence and determination. They strive to improve and also be the best in other people’s business ideas and inspirations

What are the key characteristics of imitative entrepreneur?
• Focus
• Constantly working on product improvement
• Adopt successful innovations
• These entrepreneurs take relatively lower risks
• They avoid unsuccessful innovations
• They imitate the successful works of the innovative entrepreneur in their activities.
Advantage of Imitator entrepreneurs
• They have fast product distribution
• Price reduction approach
• It limit potential loses because less money is spent on research, strategies etc.
Thank you for reading my post.
I remain your able coach CEO@ Fabrics by Yemia

Types of Entrepreneurs (Trading Entrepreneurs)

Trading Entrepreneurs are those who undertake trading activities. These entrepreneurs do not concentrate on manufacturing activities. They give more emphasis on distribution and marketing of goods. They identify potential markets, create demand for the product and influence people to buy the product.
Trader does the act of buying and selling with business intentions this aspect of entrepreneurship can be well harnessed if you don’t have startup capital.
This aspect of entrepreneurship is more of a middleman who deals with profits that comes from selling the product. This can be land, agricultural product, pharmaceutical products, electronics etc.

A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for themself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset.

Characteristics of trading entrepreneur
• Trading involves frequent buying and selling of commodities.
• Short term Gains
• Focus on making more sale

Benefits of trading entrepreneur
• You are your own boss
• You are more focus
• Your work from anywhere
• You become more versatile
• Excitement.
Thank you for reading my post
Your truly CEO @ fabrics by Yemia

Types of Entrepreneur (Internet Entrepreneur)

According Wikipedia, an Internet entrepreneur is an owner, founder or manager of an Internet-based business. The internet entrepreneur is someone who is looking at the vast power of the internet to start or grow a business. An online entrepreneur is someone who makes their living selling a product, service or information online.
Internet entrepreneurs are individuals who are familiar with the culture and technology of the Internet and are able to apply their knowledge to sell products or services via the Internet.
The internet provides individual entrepreneurs and business organizations with an inexpensive means to offer documents and software to a worldwide audience.
Commercial Web sites fall into two basic types:
Paid sites offer subscribers proprietary information for a fee
Free sites attract users with interesting content, then make money through advertising or sales generated through the site.
How to Become a Successful Internet Entrepreneur
• Work On Your Mindset be ready for the change and work for the desired change
• Identify what you want and be committed to achieving it
• Make sure you do your research don’t just jump in because people are doing it. I really believe in training and retraining
• Let there be plan or road map for the desired business
• Be connected to the internet because your business is web based
• Spend money on paid ads. It is important for your business growth. On and off data gang cannot do internet business, you don’t know when a client will pull a call through.
• Don’t get tired. You will get there.
Benefits of internet business
1. You work from
2. Be your own boss
3. All you need is laptop, internet and little startup cash
4. No income limit
5. You don’t necessarily have to have a product before you can sell. You can be a link between a seller and a buyer
Best online ideas
• Become a drop shipper
• A blogger
• Start a clothing line
• Become a web designer
Thank you for reading my post.
CEO @Fabrics by Yemia

Types of Entrepreneur (Scalable Business Entrepreneur)
Scalable startup entrepreneurship can be seen as a business model where an organization is established on the basis of a unique idea. This has to do with everything that ranges from creating a plan to all the way up launching the business.

A scalable entrepreneur takes an innovative idea and searches for a scalable and repeatable business model that will turn it into a high growth, profitable company
A scalable business can be any company that has the potential to grow rapidly and acquire a large market in a short time

Characteristic of a scalable entrepreneurs

• They are vision drivers. They belief in their visions and they understand that if you don’t believe in the future of your business you can’t grow.
• They have strong business team. They ensure they work with people who are smarter than them and who also view thing in a broader perspective that they are
• They run low customer acquisition cost. This is because to make money you have to spend money, but you work at spending as little as possible in acquiring customers. After all, the lower your customer acquisition cost the higher your profits!
• A scalable business distribution channel is simple and in expensive. The business must be structured in such a way that it’s able to deliver its product quickly, conveniently, and cheaply, even if it’s a physical product.
• They have high customer retention rate. They offer services that keep people coming back for more. They focus on customer retention and reduce the revenue that comes from losing customers. They understand that there is no business without a customer
• They have a low cost of maintenance style


How do you build a scalable Business?
• Start with a scalable and realistic business idea
• Build a business plan that will attract investors
• Let your business be open-ended and open to continuous improvement
Thank you for reading my post. I remain your humble coach CEO @ Fabrics by Yemia

Type of entrepreneur (Social Entrepreneurs)
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs.

What are the types of social Entrepreneurs?
• The Community Social Entrepreneur. This entrepreneur seeks to serve the social needs of a community within a small geographical area. These entrepreneurial initiatives could be anything from creating job opportunities for marginalized members to building a community center
• The Non-Profit Social Entrepreneur These entrepreneurs are focused on social, not material gain, meaning they prioritize social well-being over traditional business needs. They reinvest any profits into the business to facilitate the further expansion of services

• The Transformational Social Entrepreneur These people are focused on creating a business that can meet the social needs that governments and other businesses aren't currently meeting

• The Global Social Entrepreneur These entrepreneurs seek to completely change social systems in order to meet major social needs globally

Characteristics of Social Entrepreneurs
• They are of good of good conduct and they take credit for making a change
• They are creative, visionaries and they set goals for the actualization of this goals
• They are goal seeking
• They are passionate about their dream and vision
• They are confident
• They are great planners
• They never give up
• They are risk takers
Thanks for reading my post. I remain your able coach CEO @Fabrics by Yemia

Type of Entrepreneur
Hustler entrepreneur
Another type of entrepreneurs are the hustlers. This are People who are willing to work hard and put in constant effort into their business or vision. They often start small and work toward growing a bigger business with hard work rather than capital. Their aspirations are what motivates them, and they are willing to do what it takes to achieve their goals
A hustler has the commitment to get ahead no matter what the challenge may be. They are open to creativity and resourcefulness as it pertain to the success of their business.
Characteristics of a Hustler
• They are kind hearted and genuinely interested in helping people because they know what it is to breakthrough in business without any form of help from anybody. They also understand that helping people is a magic coin that will come right in ten folds in the form of opportunities and the like.
• Hustlers are well focus and committed to realizing their dream. They don’t get distracted or out of focus.
• They are big dreamers and they run passionately with their dreams until it becomes a reality.
• They fail countless time but they are dogged and not bothered. They keep trying until they achieve their dream.
• They improve on themselves daily by engaging in training that will help shape their dreams and to also aid in actualization of their prospect.
• They don’t get distracted

How to be a Hustler
• Self-promotion is a necessary part of being a hustler. You do need to be dedicated to promoting your startup by telling people what you are up to.
• Don’t Fear the critics you must be completely indifferent to critics because not everyone will buy your vision
• As a hustler, you need to make connections with many people in many industries to get your startup out there and help ensure its success. By nature, hustlers tend to be very social, which is beneficial to the business aspect of your startup.
• Show people what you have and capable of doing
• Do not make any excuses. Follow hard after your dream with no sense of remorse. Maintain this nature at all times
• As a hustler you must learn to work smart and not hard.
Thank you for reading my post. I remain your able coach CEO @Fabrics by Yemia

Small business
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.
A small business could be any company, restaurant, or retail store that is launched by a founder, without any intention of growing the business into a chain or conglomerate. Small business entrepreneurs usually invest their own money to get their companies off the ground, and they only make money if the business succeeds.
Features of small business
• Small business entrepreneurs focus initially on a single product, market, or locality
• Most small businesses are either self-funded or funded through small business loans
• The initial goal of small business entrepreneurs is to make a profit,
Challenges of small business
• Capital, funding
• High rate of competitors
• How to maintain good reputation for their product
• Cybercrimes
• Marketing
• Bankruptcy
Advantage of small of business
• independence
• administrative process is not cumbersome
• the accounting report is less
Thank you for reading. I remain your able Coach CEO @Fabrics by Yemia

Who is an entrepreneur?
An Entrepreneur is someone who is in involve in the act of creating business to the point of making profits. It can also be seen as someone who created a side business that was meant to support an assumed main job that can eventually lead to the main business with employees and making tones of profits. This are people who put their desired dreams in their hand and they put all their might into making the dream a reality.
An entrepreneur is a person who sets up a business with the aim to make a profit Entrepreneurs are people who create businesses. That is they are focused and assertive as regards the future of their business. They take actions to change the world by executing ideas they conceive

To be an entrepreneur you must
• You must follow hard on your vision regardless of the challenges that may affect your plans and projections.
• You must be able to persevere and remain focus
• You must be ready to work hard and sacrifice everything around you for the progress of your dream or business.
• Make a business plan and establish a source (or sources) of funding.
• Devise strategies for launching the product or service, and for attracting and retaining customers.
• Learn about and gain experience in a range of business roles
Thank you for reading.
Yours truly
CEO @Fabrics by Yemia

Customer appreciation

Customer appreciation is the act of recognizing a customer's value. Businesses show customers appreciation by becoming dedicated to improving customer satisfaction and fostering meaningful customer relationships
Why is it important
Customer appreciation is important for many reasons, it makes help make customers happy. And a happy customer may be more likely to not only come back but to also spread the word about your company. Real appreciation stems from a feeling that we truly care for our customers

How do you express gratitude to customers?
• Greet your client by name.
• Express your gratitude and clearly state why you're sending the note. Include details about why you enjoyed your experience with this customer (be specific and personalize it as much as possible)
• Repeat your thanks, being thankful is never too much.
Thank you all for reading this post. I remain yours truly
CEO @Fabrics by Yemia

Understanding and how to relate with difficult customers?
In this customer relation journey, we must also understand that we have varying customer personalities and we must also know how to deal or relate effectively with them.

The Demanding or Aggressive Customer
This type of customer do not care about your explanations. They are impatient, rude and arrogant. Their attitude makes it impossible for them to listen to any other voice except theirs. The best way to handle a this type of client is to calmly apologize and promise to resolve the issue if they calm down tells you exactly how you can help.
Do not ever join a bully in a shouting match or try to match her aggression. Respond politely to them without raising your voice and never take their insults and criticisms personally.

The Complainer Confused/ Indecisive Customer
A confused customer is one of the more unique hurdles you'll face in the Fashion business because the nature of the communication could go either way. They may get more frustrated with arrays of styles and models to choose from, or you in turn may get mad at what you perceive to be dense behavior on their part.
How do handle a confused customer
Tell them you appreciate their straightness with you and that they have a right to be angry. Tell them you will do your best to help out in making a choice

The know it all customer
A Know It All customer is someone who behaves as if they know everything, and constantly presents their input as though they were professionally trained or have firsthand insight into subjects when it is evident that is not the case.
How do you handle know it all customer?
The best way to deal with a know-it-all customers is to smile, be friendly, courteous, and listen without interrupting. If you let them talk long enough, you may find they are interested in a solution that matches their image of a well-educated buyer, which, after all, could be toward the higher end. Thank you
I remain your coach Fabrics by Yemia

Customer satisfaction is defined as a measurement that determines how happy customers are with your products and services.
When your customers are satisfied, they believe in the brand and become loyal. These loyal customers gives more business and form a major part of the revenue.
Satisfied existing customers feel they can promote the brand to their loved ones for the great experiences they've had. Satisfied customers brings increase in revenue.
Buyers are willing to pay more for a great customer experience, which means happy customers will lead to more revenue.

How to improve customer satisfaction.
• Listen to customers. In order to give customers what they want, you have to know what they want
• Be proactive.
• Practice honesty and manage expectations in marketing.
• Customers want good communication with your company. Your customers are the keys to unlocking the secrets of excellent communication, which results in increased sales for your company,
Customer satisfaction bring about;
• Increase loyalty
• Trust
• More customers because they will be your brand ambassador.
I remain your able coach CEO @ Fabrics by Yemia �

On the customer relationship journey we must understand that each customer is unique and has varying experience and personality. To get the best from your customer you need to first study their personality then come up with best way to relate with them. However all customers have at least three of the under listed service delivery expectation;
1. Price
Most customers are really concerned about price. They want to be sure your goods are not too pricey that is your price must be competitive. Are they getting the best deal? Is the product is of high quality or value for the price you offer.
Price is a big deal in this journey if you want to retain and get more customers. Does it mean you should price yourself low? No. just make sure you are competitive and you give value for money spent on your product.
Think about where you can offer price advantages for customers. For example, you could offer a discount on a product bundle or for orders above a certain amount of money.

2. Reliability & Sustainability
People need to trust that the product they’re getting will last. They need to rely on its ability to function properly for a reasonable amount of time.

3. Risk Reduction
Even if your products are super reliable, people still want to know they’re not at risk of losing their money or time. It is very important to ensure 100% guaranty on your product. This will allay the fears of your customers that they are not at risk by buying from you.

4. Transparency
People needs to be informed of what makes up your product. Tell them upfront it should be part of the package. Don’t hide anything from them. Hiding information about your product from your customer is a No.

5. Information
Another important customer need has to do with information. Whether you sell physical products like clothes or you make dress or accessories please be available for question and also be open to corrections.

7. Empathy & Friendliness
When it comes to customer service, people need to feel that a brand understands and cares about them. Some people are actually willing to pay more for people that offer excellent customer service be friendly with your customers, respond to their comments on your post, and celebrate them on your status. This goes deep

In my next post i will be sharing customer satisfaction benefits. Thank you for reading. i remain your humble guide in Customer Relation in fashion Business.
CEO @ Fabrics by Yemia .

Following my years in the hospitality and fashion provision business, I have come to realize that before you go into business you must first understand who a customer is and the importance of customers to your business. Consequently I will be walking us round the customers in fashion business and how to relate with them and also make the best of them in fashion business.
Who is a Customer?
A customer is a person who buys goods or services from a shop or business. A customer is a person or company that receives, consumes or buys a product or service.
A customer may or may not be the final consumer that is they may also be a client or supplier to someone or people.
We have two type of customer;
• Internal customer are the customers that are directly connected to your business that is the stakeholders and your employees
• External customers are the customers that are not directly linked to your business
This two customers are the bedrock of your business. They actually dictate how high and far your business will grow. It is therefore very important that you take absolute interest in both.

Your customers both the internal and external are so important that without them there won’t be any sales for your business.
We also have the
1) Loyal customers who make up a minority of the customer base but they generate large portion of sales. While we also have
2) the impulse customers who only buy at whims
3) Potential customers.
4) promos and discount,

Every customer that visit your business wants to be;
• Appreciated and respected
• Excellent service delivery
• Competitive price tags
• Skills and expertise
• Relevant offers
In my subsequent posts i will be talking on customers needs and how to achieve it.
thank you for reading
i remain your humble guide in excellent Customer Relation in Fashion Business.
CEO @ Fabrics by yemia