Some things to consider before starting a business

[Wylie330]

Startups or any business should aim not only to survive but to thrive. You need to keep you customers happy to get your business off the ground and make it successful. First thing you should have vision and make a forecast about revenues and expenses. Business plan and budget should comes first before anything else. Because this will guide you along the way.

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[Leeeeeya]

You must first, have a capital, a good plan, think of a business that is not so common but you think customers are searching for it, something that is necessary, make some effort to make it effective, be hands on it and be patient, time will come and it will succeed.

[Krispin47]

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

Before we starting a business we should have this following:
Plan- plan that has vision and mission and will guide you.
Product that you will produce in the market or in your business
Place where you put your business
Price/Budget that is alloted when you put up a particular business
Promotion including the advertising in order for them to know about that business.

[gabmen]

Startups or any business should aim not only to survive but to thrive. You need to keep you customers happy to get your business off the ground and make it successful. First thing you should have vision and make a forecast about revenues and expenses. Business plan and budget should comes first before anything else. Because this will guide you along the way.

Seems to a businessman dude and i couldn't agree more. It's a plus if the venture that you're going to start is something that interests you. Like if you're fond of cooking, try starting a food-related business. Or if you like to travel, try setting up your own agency. It's an advantage and it will be more for you.

[logicgate]

You must first, have a capital, a good plan, think of a business that is not so common but you think customers are searching for it, something that is necessary, make some effort to make it effective, be hands on it and be patient, time will come and it will succeed.

Money is not the only thing which you need to have before starting any kind of business or anything like that. There are number of other things as well which carry far more significance than that of having some money in your pocket. Choice of the right business is the most important thing and it carries far more significance than any other thing. Other than this, your knowledge and skillset regarding that business also matters.

[yrreg ger]

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

I think it depends on what business you want, big or small business. If small business you can do that with your own and you can handle even you have no enough knowledge in business. While the big business need lot of knowledge or need to study a course that are related to business to handle properly if you are in real.

[Bustart]

Now we can see a lot of business opportunities that exist around us, be it pure online business or offline business that is go online. However, the number of business opportunities does not necessarily allow us to choose and run the business we want.

There are a few things we need to consider and start preparing the business prepares capital, the second prepares the workforce, the third is the provision of raw materials as well as the techniques in running the business, marketing the business optimally, then profit a business, risk a business, concerning business competition and pay attention to the latest business management is the facility and the fringe

I think it depends on what business you want, big or small business. If small business you can do that with your own and you can handle even you have no enough knowledge in business. While the big business need lot of knowledge or need to study a course that are related to business to handle properly if you are in real.

Well i think it is not about how big or small the business is.Maybe the thing or factors to be considered before starting a business is looses because business is  just like a gambling and we really need to know the truth that if the business will not succeed  we can really loose but it is really depend on how we really act in a different situation maybe we should ask through some successful business man for good.

[zarados]

- decide to go into business according to your area of expertise. Because if you don't, first you need to learn from zero about the field you are going to be in and then get started.
- think about what risks can happen and are you ready to face those risks.
- Remember that in business, there are also so-called ups and downs, don't just think about the positive.
- Start acting, do not waste your time with mere planning without realization.

[jaysabi]

- decide to go into business according to your area of expertise. Because if you don't, first you need to learn from zero about the field you are going to be in and then get started.
- think about what risks can happen and are you ready to face those risks.
- Remember that in business, there are also so-called ups and downs, don't just think about the positive.
- Start acting, do not waste your time with mere planning without realization.

One of the worst things you can do is to just start acting without a sound plan. A written business plan that anticipates the business, how the business makes money, the costs, and the market needs of the business is a good starting point. People who just start a business without regard to the details will often fail. Detail-oriented people are far more likely to succeed because they've planned accordingly, including taking into account the market need for whatever business it is they want to start.

[mahilchii]

There are steps to be followed before starting a business, after starting business and driving the business. Before starting a business you need to analyze market requirement of the product or the service you are going to do, secondly, after starting business you need to market your product, thirdly, you need to drive your business in all the ways to competitive with others.

[doodle07]

Be brave enough to handle situations like competitors and smart enough how to handle things when it gets hard and you also need to learn first the basics of the business you are trying to start with so that you have the enough knowledge to operate/handle it.

[altcointalk14]

Be brave enough to handle situations like competitors and smart enough how to handle things when it gets hard and you also need to learn first the basics of the business you are trying to start with so that you have the enough knowledge to operate/handle it.

Starting a business is a fire test. You will be tested, crucified, disputed in unimaginable ways, but the reward is worth it. Proper care for your mind, body and spirit becomes even more important.

[novakamena]

Be brave enough to handle situations like competitors and smart enough how to handle things when it gets hard and you also need to learn first the basics of the business you are trying to start with so that you have the enough knowledge to operate/handle it.

Starting a business is a fire test. You will be tested, crucified, disputed in unimaginable ways, but the reward is worth it. Proper care for your mind, body and spirit becomes even more important.

Before you start a business, consider whether you are ready to live the life of an entrepreneur and what is your idea of success.

[stely]

Be brave enough to handle situations like competitors and smart enough how to handle things when it gets hard and you also need to learn first the basics of the business you are trying to start with so that you have the enough knowledge to operate/handle it.

Starting a business is a fire test. You will be tested, crucified, disputed in unimaginable ways, but the reward is worth it. Proper care for your mind, body and spirit becomes even more important.

Before you start a business, consider whether you are ready to live the life of an entrepreneur and what is your idea of success.

The first step in the development of an entrepreneur is to understand what his passion is and develop an idea that maintains that passion.

[zhelis74]

Be brave enough to handle situations like competitors and smart enough how to handle things when it gets hard and you also need to learn first the basics of the business you are trying to start with so that you have the enough knowledge to operate/handle it.

Starting a business is a fire test. You will be tested, crucified, disputed in unimaginable ways, but the reward is worth it. Proper care for your mind, body and spirit becomes even more important.

Yes, there are things that need to be consider before starting on any kind of business like the place of where you want to market, is it ease and accessible for the customer? or the start up capital can be return in a short period of time? therefore the ROI, place and the person who manage will be a great factor to ponder before starting a business.

[Karmakid]

Of course the place where you would start up your business and the financial state of the place,
For example ,You couldn't really just open a business that you like in a random place you should consider the place first what if all of the people around it couldn't afford your product then you would just end up losing your money.
Then second is what kind of business you would open up,
You should look for something that is trending in that place to be sure that you would get a lot of costumer .

[Rufsilf]

Before you start your own business, you should learn how to analyze your place in order to find the best product or business that will fit in to the needs of the people around or within your place which is the basic and most important thing to know for a businessman who will build his very first business.

[Andrej Peiboski]

Well, lot of people have a romantic vision about business, where a kid with no money, no experience, with just an idea and a lot of hope, "makes it" and becomes a millionarie.

Actually, the business world today is so complex that you can't do anything without a solid background in marketing, accounting, leadership, management, and - last but not least - without a solid business plan and the necessary capital to start.
This is true for industry or megamall, but also if you want to sell ice cream on the corner.

For what I know, schools give you very little help: they teach you how to be a clerk in a corporation, not how to start your own business.

And, of course, I hope you don't have really the intention to start a business just following some advices received on this forum! :-)


So, study some theory, and find a mentor to work with, just to make some experience under his guide. Then - and only then - start to think about your business.

[Brunus]

It seems that anyone has his own recipe about how to start a business, so I don't add my personal opinion.
However, there are some simple steps to follow, to start a successful business, but simple doesn't mean easy, so be ready for a lot of extra work you didn't preview.
Another thing to keep in mind is that most of business school teach models that are good for traditional economy.
If your business is online, be careful, as most of them are completely useless.

[shield132]

Well, lot of people have a romantic vision about business, where a kid with no money, no experience, with just an idea and a lot of hope, "makes it" and becomes a millionarie.

Actually, the business world today is so complex that you can't do anything without a solid background in marketing, accounting, leadership, management, and - last but not least - without a solid business plan and the necessary capital to start.
This is true for industry or megamall, but also if you want to sell ice cream on the corner.

For what I know, schools give you very little help: they teach you how to be a clerk in a corporation, not how to start your own business.

And, of course, I hope you don't have really the intention to start a business just following some advices received on this forum! :-)


So, study some theory, and find a mentor to work with, just to make some experience under his guide. Then - and only then - start to think about your business.

Btw some stories are real and some children really had similar life but number of those children was low, so low that they weren't even 1 from 100 million. Everyone wants similar stages and successful story of life, let's leave them in their dreams if they can't awake dispite the alarm.
You need at least to know micro economics but these people start business without even knowing elementary math. Learning is the key, you need to read but these people just want answers, so without training of your brain, other's answers not help you but totally fall you in future.