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Author Topic: Building a prosperous business  (Read 1023 times)
puloweh555
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July 29, 2023, 11:01:48 PM
 #101

Even though there have been many theories that have proposed this, which have provided solutions related to building new businesses, and there have even been many promoters, motivators, and other informants who have explained in theory how to build a business to be successful, in reality, this will not be that easy. Because in practice , sometimes a lot of things happen and don't match the ideal in theory. Sometimes I have done various tricks and tips according to theory but still fail. because after all the conditions for each business may be different, not only in capital but in perseverance, environmental conditions, the accuracy of the business opened, and various other factors.

but indeed here, it does not mean that building a business is impossible because of course many people have succeeded in building a business from 0 or from another step. It's just how we run it.
Yes, it's very easy for us to get a theory about business on the internet as you describe, and indeed building a business or starting a business that adheres to action or action is the key to success. As much as possible, avoid planning too long or dwelling on excessive details. Start acting with what is there and slowly develop according to the time and resources we have.

Even though the business we have is still small, the point is we have a business. so develop our business in a sporty and professional manner, don't be afraid to fail, take big risks, be confident, and try, even if you fail don't give up, keep trying and trying. Because losses in business are bound to occur, therefore we must develop and be passionate about building a business in earnest.
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July 29, 2023, 11:19:09 PM
 #102

Even though there have been many theories that have proposed this, which have provided solutions related to building new businesses, and there have even been many promoters, motivators, and other informants who have explained in theory how to build a business to be successful, in reality, this will not be that easy. Because in practice , sometimes a lot of things happen and don't match the ideal in theory. Sometimes I have done various tricks and tips according to theory but still fail. because after all the conditions for each business may be different, not only in capital but in perseverance, environmental conditions, the accuracy of the business opened, and various other factors.

but indeed here, it does not mean that building a business is impossible because of course many people have succeeded in building a business from 0 or from another step. It's just how we run it.
Yes, it's very easy for us to get a theory about business on the internet as you describe, and indeed building a business or starting a business that adheres to action or action is the key to success. As much as possible, avoid planning too long or dwelling on excessive details. Start acting with what is there and slowly develop according to the time and resources we have.

Even though the business we have is still small, the point is we have a business. so develop our business in a sporty and professional manner, don't be afraid to fail, take big risks, be confident, and try, even if you fail don't give up, keep trying and trying. Because losses in business are bound to occur, therefore we must develop and be passionate about building a business in earnest.
Agreed, rather than waiting for the business to be big starting at the earliest with the resources available is the best choice. This will help with development of business over time. Nowadays the business is much about how we market our product and stand away from the rest of the business people is what makes you the best. It is really good to start small and progress gradually than starting big and putting more pressure to reach big targets from the very beginning.

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July 30, 2023, 02:36:10 PM
 #103

Learning is a continuous process. No one knows everything. If you think I'm an amateur, all well and good but all I know is I have been using these tips for my agro- business and it has been working well for me. Although is a small farm but I plan to grow big one day.
Quite a long article you just gathered your sources from, I am curious though OP on how specifically these apply to your "small farm" business. The real reason you're building business is purely to create money/profit unless you are a non-profit organization which rely on things like donations.

There were some of coffee shops in here that serves great, but even though they're "passionate about their business ideas", they still didn't make it. There ain't even Starbucks around here that surely will crush those small businesses. Sometimes it will kinda suck for everyone to just build business and it's not for everyone to be honest.

Network also comes into play. Someone's gotta put your business into your audiences to try it out.
I think the biggest thing that could consider being a good business would be hard work, and if he works hard on a farm, he  could make profit too. I have seen farmers who calculate literally inch of the seed they should plant based on how their farm is and how well it looks, they use technology and apps, they even have farming equipment that plants those seeds at the optimum place as well to grow as good as it gets and they work like hell to make it happen, they spend a good amount of money as well but they make much more than the other person who doesn't do any of it.

And I have seen people who just trust their gut and do it without knowing much about any of that information, they just use experience, and they end up not making as much money.

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July 30, 2023, 03:35:39 PM
 #104

Looking at the current situation it is certainly not easy to make a business, competition in online sales makes us have to be smart, and if we focus on business then long term planning is important, if we don't have many plans and only think one plan then chances are we will fail.


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July 30, 2023, 04:01:34 PM
 #105

Looking at the current situation it is certainly not easy to make a business, competition in online sales makes us have to be smart, and if we focus on business then long term planning is important, if we don't have many plans and only think one plan then chances are we will fail.

It is truly a good and smart way if we have multiple plans as we go for business. It will be hard not to know what the next step is once our initial plan fails. Hence, it is suggested that various plans for different possible outcomes are made just to ensure that the business will have a good foundation. A smart and flexible planning is really a good tip in building a prosperous business.

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July 30, 2023, 06:54:10 PM
 #106

Looking at the current situation it is certainly not easy to make a business, competition in online sales makes us have to be smart, and if we focus on business then long term planning is important, if we don't have many plans and only think one plan then chances are we will fail.
If the situation is like that we face then sometimes we also have to keep up with the times by offering businesses on several online sites available. This strategy is also a step as a method to reach buyers because people do not need to go to the shop and simply order on the available online services. Price competition becomes a problem and if we are unable to adjust, the business we live will be empty of buyers. The accuracy of the business and time we must also be able to follow and adjust because it is a way that the businessman must do.

That is why every entrepreneur must try to adjust because many online services that sell the same items at a cheaper price. Who cannot adapt and cannot adjust to the times in offering products to the business that is done, it will experience a decline and in the end we must stop because we cannot compete with other business people.

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July 30, 2023, 10:10:28 PM
 #107

If the situation is like that we face then sometimes we also have to keep up with the times by offering businesses on several online sites available. This strategy is also a step as a method to reach buyers because people do not need to go to the shop and simply order on the available online services. Price competition becomes a problem and if we are unable to adjust, the business we live will be empty of buyers. The accuracy of the business and time we must also be able to follow and adjust because it is a way that the businessman must do.
-snip-
Adapting to the times or adjusting what is being sold to make it look more modern is one thing that must be done.
But that's not what's important, even though we have adjusted but if we don't have innovation and creativity then it won't affect us.

As business people, we also have to take advantage of every opportunity and provide the best service, people will be happy if they get good service.

and for goods or services sold, of course, the price must be more competitive, able to compete and not reduce the market price too much.
Need to do some research to determine it.

nowadays there are many online shops that make it easy to buy anything at low prices, so we have to see how the online market can develop, so we also need to follow it.

I myself have a Wifi Voucher Service business, and it has been running for about 4 years.
I always put the service and reliability of my wifi products first, so that customers can be satisfied with the service Wi-Fi used.
If there is a problem, I will definitely deal with it as soon as possible.
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July 30, 2023, 11:43:12 PM
 #108

Looking at the current situation it is certainly not easy to make a business, competition in online sales makes us have to be smart, and if we focus on business then long term planning is important, if we don't have many plans and only think one plan then chances are we will fail.
You’re in business not to compete but yo offer your unique services and products. If you focus too much on the competition, you might lose sight of what is really of the essence and that is, the much goods you can offer and of great quality too.
One thing is for sure, there is always going to be that one person, one investor, one innovative individual that might seem better than yourself, have all the resources and human power to push his profits or services ahead of everyone else but, that shouldn’t be a discouragement but rather, a motivation to do even better and look out for means to get to the heart of your customer. Increase your customers support lines and be sure to draw your customers close by listening to there complaints, conducting surveys and get better result out of what your offering.

R


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July 30, 2023, 11:59:26 PM
 #109

Looking at the current situation it is certainly not easy to make a business, competition in online sales makes us have to be smart, and if we focus on business then long term planning is important, if we don't have many plans and only think one plan then chances are we will fail.

It is truly a good and smart way if we have multiple plans as we go for business. It will be hard not to know what the next step is once our initial plan fails. Hence, it is suggested that various plans for different possible outcomes are made just to ensure that the business will have a good foundation. A smart and flexible planning is really a good tip in building a prosperous business.
Above all we should start business in which we have knowledge and we should be able to take it forward even when the trusted employees or the top management wasn't good enough to handle. A person who have got good knowledge in automotive industry starting a cloth business doesn't look fair. We do business to make money, however this shouldn't be completely money focused we should start business on what we know and get going even when there is no big movement. It takes time to popularise and get established. Until then it is hard time in business.

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July 31, 2023, 03:09:40 PM
 #110

Building a business that can become a giant company in the future certainly requires patience, many successful people tell stories that when starting a business they have experienced hundreds or even thousands of failures, but with strong determination and positive motivation that the business will become big they can be patient.

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July 31, 2023, 06:07:03 PM
 #111

Adapting to the times or adjusting what is being sold to make it look more modern is one thing that must be done.
But that's not what's important, even though we have adjusted but if we don't have innovation and creativity then it won't affect us.
Innovation and creativity are also part of the adjustments that make our business much more attractive. For traditional business people, keeping up with the times may be a little inconvenient because they do not understand technology so that it will be difficult for them to adjust to the times.

As business people, we also have to take advantage of every opportunity and provide the best service, people will be happy if they get good service.
This is one strategy that I often see when our parents used to serve customers and when the service we provide is satisfactory they will return to our place of business. The old adage says that the customer is king and maybe this is the key.

nowadays there are many online shops that make it easy to buy anything at low prices, so we have to see how the online market can develop, so we also need to follow it.
For conditions like this, it will be very difficult for traditional traders to keep up and there are many shops in the area where I live that have to close because they cannot compete with online services. Most people aged over 50 years and over will find it difficult to keep up with the times and if they don't try to change the pattern, what happens is that they have to close their shops because there are no buyers.

I myself have a Wifi Voucher Service business, and it has been running for about 4 years.
I always put the service and reliability of my wifi products first, so that customers can be satisfied with the service Wi-Fi used.
If there is a problem, I will definitely deal with it as soon as possible.
That is one form of service that is expected and when customers feel there is a problem and we solve it quickly, people will be satisfied with the service we provide. I also have a friend who is a computer repair service technician and he is willing to be on the phone, come directly to the crowd to repair damaged laptops, until now his work has never been quiet and every day he has a job.

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July 31, 2023, 08:44:37 PM
 #112

For conditions like this, it will be very difficult for traditional traders to keep up and there are many shops in the area where I live that have to close because they cannot compete with online services. Most people aged over 50 years and over will find it difficult to keep up with the times and if they don't try to change the pattern, what happens is that they have to close their shops because there are no buyers.
Traditional trade is indeed in decline and people are more interested in online stores because more goods are available and prices are cheaper.
Inevitably now it must keep up with the times.

Some older people over the age of 50 even have their own online stores because they started learning and were directed by their children or even learned it themselves. However, the development to the modern era must be followed, otherwise, it will be one step behind others.

That is one form of service that is expected and when customers feel there is a problem and we solve it quickly, people will be satisfied with the service we provide. I also have a friend who is a computer repair service technician and he is willing to be on the phone, come directly to the crowd to repair damaged laptops, until now his work has never been quiet and every day he has a job.
Service is number one, it will indeed generate positive feedback from customers and will spread to others.
If our image is good as a service provider or a good seller, then many customers will come.

The point is, building a successful and prosperous business must be viewed from all aspects.
The business will survive if we are able to develop it well and provide the best service and competitive prices and there are several guarantees provided.
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July 31, 2023, 09:56:33 PM
 #113

For conditions like this, it will be very difficult for traditional traders to keep up and there are many shops in the area where I live that have to close because they cannot compete with online services. Most people aged over 50 years and over will find it difficult to keep up with the times and if they don't try to change the pattern, what happens is that they have to close their shops because there are no buyers.
Traditional trade is indeed in decline and people are more interested in online stores because more goods are available and prices are cheaper.
Inevitably now it must keep up with the times.

I still see lots of people in traditional business.  I do not think that it is in decline even though online business is growing.  There are still lots of door-to-door sellers, people who set up restaurants, stores, and many other things with physical locations.  Aside from that, many online sellers have their own physical stores somewhere.  And I think the best reason why I think that traditional businesses are not in decline is that not all entrepreneurs have the ability to set up an online shop.


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July 31, 2023, 11:26:46 PM
 #114

For conditions like this, it will be very difficult for traditional traders to keep up and there are many shops in the area where I live that have to close because they cannot compete with online services. Most people aged over 50 years and over will find it difficult to keep up with the times and if they don't try to change the pattern, what happens is that they have to close their shops because there are no buyers.
Traditional trade is indeed in decline and people are more interested in online stores because more goods are available and prices are cheaper.
Inevitably now it must keep up with the times.

I still see lots of people in traditional business.  I do not think that it is in decline even though online business is growing.  There are still lots of door-to-door sellers, people who set up restaurants, stores, and many other things with physical locations.  Aside from that, many online sellers have their own physical stores somewhere.  And I think the best reason why I think that traditional businesses are not in decline is that not all entrepreneurs have the ability to set up an online shop.


They never in decline or in decrease in numbers because not everything do really ran online aspects on which those traditional physical places or business would really be still on existence and something that do progress or flourishing out even more. There's different market on every space whether physical or online and it is really just that normal that there would be business owners whom  would really be focusing on where they do see those
opportunities for them to make some income or revenue whether online or offline. The risks on taking up such business then there's no assurance that you would succeed out because everything would really vary or basing up on the demand on such product or services that you are offering and one of the main risks is having those tough competition in between on which you would really be trying out to get those marketshare as much as you could and its normal for a business to have that competition on which it is really just that important that you do really know on how to handle up yourself and do know on what are the things that you should do
on situations like this.

R


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August 01, 2023, 09:45:39 AM
 #115

For conditions like this, it will be very difficult for traditional traders to keep up and there are many shops in the area where I live that have to close because they cannot compete with online services. Most people aged over 50 years and over will find it difficult to keep up with the times and if they don't try to change the pattern, what happens is that they have to close their shops because there are no buyers.
Traditional trade is indeed in decline and people are more interested in online stores because more goods are available and prices are cheaper.
Inevitably now it must keep up with the times.

I still see lots of people in traditional business.  I do not think that it is in decline even though online business is growing.  There are still lots of door-to-door sellers, people who set up restaurants, stores, and many other things with physical locations.  Aside from that, many online sellers have their own physical stores somewhere.  And I think the best reason why I think that traditional businesses are not in decline is that not all entrepreneurs have the ability to set up an online shop.


Even if you have an online business, you still need to have a store or warehouse because not all customers buy online. I agree, I don't see any signs that traditional businesses are declining but simply that they are upgrading and combining. The stores are both offline businesses and online businesses combined will be more effective.

Personally, I prefer to go shopping in person if it is an important product and needs a hands-on experience. Buying online does not always satisfy us.

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August 01, 2023, 10:58:38 AM
 #116


This isn't enough point to start a business because a business based on this may collapse with time. When starting a business, you must put in mind that you want to solve a problem. It may be community, country or world problem. This various company have been in existence to solve various issues among people.

Well, That! requires massive amount of money for sure. The risk involve is massive as well. Finding a solution to struggles in life may be the best kind of business that would most likely going to take off, but other big business did not actually solved problem or provided a solution to the problem. Instead, they just copied that solution and tried to rival the other business with the same model. How clever is that idea?
If things does not work for you, maybe other things that already existed may work for you, you will just need to tweak a little something with that business model to make it work.

CONCLUSION
Let your purpose of establishing a business be on solving a problem not just to make money. If your reason to creat a business is to make money, you may get discourage within months if good profit weren't made. Establishing a prosperous business isn't easy, there’s a lot that goes into it. As you begin your business journey, keep these tips in mind, focus on planning, and take the time to test as much as possible. The more you prepare upfront, the more likely that your business will succeed.
Again, if things won't work out to you when you try to solve problems and create a business with that solutions, try rivaling the other business models.
Another thing is, business is always about money, no matter how passionate you are about something that you turn into profit, at the end of the day you will always want to count on the gains from all of your sacrifices and sweat.

R


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August 01, 2023, 03:02:44 PM
 #117

Building a business is certainly everyone's dream, when a problem occurs, for example, many people think to close the business so that the dream must stop, the current economic conditions certainly make us must be creative to build a long -term business because business competition is very tight.
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August 01, 2023, 04:10:36 PM
 #118

Traditional trade is indeed in decline and people are more interested in online stores because more goods are available and prices are cheaper.
Inevitably now it must keep up with the times.

Some older people over the age of 50 even have their own online stores because they started learning and were directed by their children or even learned it themselves. However, the development to the modern era must be followed, otherwise, it will be one step behind others.
Therein lies the weakness of traditional traders who do not master technology and it will be quite troublesome for them to keep up with the times. For example, buying a set of men's clothing at a traditional trader requires as much as 500 thousand (as an example) and if we buy at an online service no more than 300 thousand, people will automatically choose to shop at online services to get the desired price.

That's a phenomenon I see a lot especially in my area and there are a lot of traditional traders who are struggling to keep up. Lucky if they are assisted by their children, but there are many children today who are not interested in helping develop their father's business and maybe there are many considerations that never make sense as their reasons.

Service is number one, it will indeed generate positive feedback from customers and will spread to others.
If our image is good as a service provider or a good seller, then many customers will come.

The point is, building a successful and prosperous business must be viewed from all aspects.
The business will survive if we are able to develop it well and provide the best service and competitive prices and there are several guarantees provided.
There are many aspects that can help our business grow, good service, offering bonuses and promotions are important parts that cannot be separated. Maintaining good quality and service will be much more difficult because we are required to be consistent in maintaining it, a good image is not achieved when the business does not do something that is more on target. Competing will be much more difficult when business people do not have skills and innovation as supporting factors and this is where a balance is needed to keep up with the times.

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August 01, 2023, 06:34:05 PM
 #119

Building a business that can become a giant company in the future certainly requires patience, many successful people tell stories that when starting a business they have experienced hundreds or even thousands of failures, but with strong determination and positive motivation that the business will become big they can be patient.
Patience will not work without a clear forward-looking vision of the state of the market and the economy in the medium and long term, which can help us know how long we should be patient. In general, this depends on the nature of the project's activity and the current situation in the market.
For example, take the Spacex project that Elon Musk launched years ago. This project is supposed to achieve revenue through the success of launching commercial flights into space. Implementing this vision is never an easy matter, and the project has consumed huge budgets to this day and is still consuming more in the hope that one day soon (no one knows when) the idea will succeed and the revenues will cover all costs. The shock may be great for everyone if the project proves to be unprofitable, especially with the rise of competing companies in the same field.
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August 01, 2023, 08:42:24 PM
 #120

Building a business that can become a giant company in the future certainly requires patience, many successful people tell stories that when starting a business they have experienced hundreds or even thousands of failures, but with strong determination and positive motivation that the business will become big they can be patient.
Patience will not work without a clear forward-looking vision of the state of the market and the economy in the medium and long term, which can help us know how long we should be patient. In general, this depends on the nature of the project's activity and the current situation in the market.
For example, take the Spacex project that Elon Musk launched years ago. This project is supposed to achieve revenue through the success of launching commercial flights into space. Implementing this vision is never an easy matter, and the project has consumed huge budgets to this day and is still consuming more in the hope that one day soon (no one knows when) the idea will succeed and the revenues will cover all costs. The shock may be great for everyone if the project proves to be unprofitable, especially with the rise of competing companies in the same field.
You made a crucial point about waiting, looking ahead, and the market. Like tightrope walking? One error will bring you down. We must walk that way to cross. SpaceX is intriguing because it spends money quicker than a rocket consumes fuel, yet the potential return is "astronomical." Risks, competition, and rewards exist. But not everyone is willing to take this risk. That's OK. Many other chances are faster and safer. Follow your finest path.

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██         ▐█▌         ██
████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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