Saturday, September 1, 2012

Starting A Business


How do you start a business? How do you go about doing this?

I had pondered over this about 15 years ago. Before that, I had no business acumen and savvy, other than running other people’s business as a paid staff. I sold club memberships, advertisement space, and sports equipment. I enjoyed these opportunities for it fostered a confidence for creating business relationships. I learnt earlier on, that commercial enterprises relied on educating others in the process and to be a beacon of optimism and hopefulness. 

There are some useful guidelines on how to engage in the process of starting your company. I will elaborate on these more in future.

1)    What are you passionate about?
2)    Do you think you can turn your passion into a business?
3)    What is the market for your expertise?
4)    How long do you intent to stay in business?
5)    How will your business benefit others? Who will it benefit most?
6)    How will you build your credibility in business?
7)    Which relationships will you need to establish immediately?
8)    Who can you learn from, regarding business and on this type of business?
9)    Which success stories can you emulate?
10) Which will be the indicators of your success and what will be your expected timelines?


Leadership Lessons: Lead with your dreams. Your dreams are your visions. Back them up with action.

6 comments:

Buy to Let Mortgage said...

Business is most important part for earn money. Here I get such nice details about starting a business. Its too good.

Opening A Dollar Store said...

You have an amazing blog! More power to you!

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Jamie said...

“What are you passionate about?” Your first guideline is indeed truthful. It should really all start first on what you are most interested about. If you love what you’re doing, everything would else is easy, however, there still some things that you need to take note of. There should be an effort in supplementing all that you would need in a business. First, is to educate yourself first with the basics of doing business. You could, learn through online resources, and even software. In that way, you would be prepared and well-informed on the process and have all the necessary information at hand should you need them.


Jamie Shellman

Tianna Flemings said...

“Lead with your dreams” and act on it now. Visualize what you want to achieve and follow your passion, this will surely help you to be successful. Map out a clear path to your goal, stick to it and stay positive!

-Tianna Flemings

Ralph Jens said...

All your points are good, but I have to add one more section. The business you want to adopt first learn about it at minor level. Suppose if I want to sell clothes I should learn about the raw materiel sources, process involve in preparation and so on. This will help to find how things work and I can make a better plan for my business strategy.
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