Business Ideas

[Kazik1908]

Skills are the foundation of success in both career and business. Investing in yourself is the most reliable. The more knowledge and skills you have, the higher the chances of finding your dream job or launching your own project. The money will come by itself when you are ready to manage it. The path to freedom begins with learning and practice. I acquire good skills by using darkbot.io

[sokani]

OP, all you said could be likened to a joke I once heard sometime ago. About someone who wrote a book on how to become a millionaire but needed money to print it. In a nutshell, it's easier said than done. I was expecting you to tell us how you applied these principles in your business and how it changed your life, but you didn't say anything.

[Pi-network314159]

I expect you to start about the competencies in a potential entrepreneur that he must possess before starting a business, because this goes a long way in determining for how the entire ideas and operations goes with the business we are doing, planning before the start up is very important, so that we cant afford to later stop along the way when we couldn't move on the operations at the middle of the way because of some minor challenges.

you are actually right, you know i was going to ask op the same question but i just noticed that you already did. op should also consider that a good customer relationship is also important because if there is non, it will be difficult to make sales. and another thing is having passion and determination to continue regardless of the obstacle that comes his way. focus and endurance and being able to have a good financial managerial skill, because that is also important for any business man or woman. most business people failed woefully because that lack financial management which is the bedrock of any business person. supplying according to demand may be important but if this management is skill is not there then everything is zero.

[Gamanka@@]

To do business, the first thing you need is to become known and trusted by people. The quality of the product you choose to start your business with must be good, and you must treat people well. So, you may ask yourself—what business should I do? First, focus on developing your skills. You’ll see that opportunities will start coming to you. Look around your local area and identify products that are in short supply but have high demand. Once you find that gap, you’ll realize that going from zero to hero won’t take much time.
We all think about becoming successful and growing big. But if you truly want to grow, you must produce goods according to consumers’needs. Now the question is—do you need machines to produce products? And if so, who will provide those machines?

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company. If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

Sincerely, as a business owner you need alot to know, not just going into business without knowing the benefits and the strategy, firstly as a business person body language matters, how to attract consumers selling your products in a good price, also having good quality products to make your customers not stay away from you, know how to  persuade them talking to them with manners that will always convince them to persuade you more,  they will even introduce you to many customers due to the quality and trusted products you sell.

Another strategy is that when you are starting a business study the environment you want to establish your business, what is more important to them that they lack and  they are in need of it, identify products they  are in short supply of but having more emphasis on,  in shot of time you recovered your intrest and gain more  income, business needs logistics  and the environment you are establishing your business know the needs of the people living there.

[Y3shot]

Yes personal branding, the more people who know us, the higher the potential for our success in business, therefore in marketing science personal branding is the frontline for business success outside of capital, hard work, consistency and patience, doing market research is also something important, but on the other hand I am a little confused by the machine you are referring to, because the basis for starting a business is having capital, strong intentions, hard work, patience and several other things such as market research that you mentioned above.

Another thing that makes business to be successful is to understand what customers needs to see and know about your business, this is is what attracts people in business.  Thst is why you can see two people running the same business and one is growing rapidly more than the other, this is because the other understand the business better. This can also be considered as personal branding, it pays a lot in business, it  is the finishes touch to make a business to be very successful.

[robelneo]

So, you may ask yourself—what business should I do? First, focus on developing your skills. You’ll see that opportunities will start coming to you. Look around your local area and identify products that are in short supply but have high demand. Once you find option is to start a business by pooling small amounts of money with a few friends and growing together.

I would like to add that the best business idea is the one you are passionate about. If you love cooking and know how to cook, either through experience or by learning it in culinary school, you can start your restaurant and easily become a successful restaurateur because it's in your heart and mind

Many successful people find their path to success by following their passion. When your business is your passion, people will support you, and you can deliver the best products or services.

[dezoel]

I would like to add that the best business idea is the one you are passionate about. If you love cooking and know how to cook, either through experience or by learning it in culinary school, you can start your restaurant and easily become a successful restaurateur because it's in your heart and mind

Many successful people find their path to success by following their passion. When your business is your passion, people will support you, and you can deliver the best products or services.

Even though he also got a point about that products with low in supply and high in demand but what you said there is also a good one. Imagine if both of them aligned with each other? Like we like to cook and there are only less restaurants in our place and then most of their food are also not delicious. That gives us a better boost. He still mentioned skills and I think it also relates with our passion.

It is still possible to develop our skill while doing a business at the same time. Despite having the qualities, a success may still not be guaranteed for some reasons. But this must be the thing that others say that it still boils down to our luck to be very successful.

[lionheart78]

It's BS, customer satisfaction is important for a business to be successful but that didn't made anyone a billionaire, it is for the very small scale business operated by themselves or with a very few employees but if we are talking about creating a product or building the brand then we need to think about how to make the people to use it, that is how most of the brands we know got success not really with customer satisfaction.

Creating a product comes with a lot of challenges.  It will be good if the product created is the first of its line, but if it has somehow been circulating in the market, introducing such products with our brand will be very challenging.  Aside from that, we all know that small production costs way more than large production in terms of price per unit since items bought by wholesale are way cheaper than retail. Aside from production cost, the competition with existing product line is intense. So we should really plan our strategy and have funds for a year or two for operation, because it really takes time for some businesses to get known and have a steady flow of clients.

So in starting a business, funds are essential.  Make sure that the money can support the operational cost, maintenance cost, and the needed product cost if there is any.  Establishing a business without enough funds can result in a waste of time and business failure.

[Furball808]

Once you find that gap, you’ll realize that going from zero to hero won’t take much time.

Going from zero to hero only happens when you win the lottery. When doing business it is not real either. Building business and maintaining it require hard work and success does not just happen in one day. When things do not go the way you want it to, you might feel too disappointed and give up immediately but when you have a business you have to make sure to keep persevering.

[Dick Long]

Now the question is—do you need machines to produce products? And if so, who will provide those machines?

Starting up a business is good, know the type of business to start and what it will take is to do it successful is also good, as we have different types of business that varies from being a merchant who sells and buys, a manufacturer that produces for people base on the demands and service providers that meets the needs of people. This can be achieved differently base on the available capital and documents available for the business
Calculating the cost of a business is an important factor that drive the purpose possibilities of the business into realities

[bubilas]

To do business, the first thing you need is to become known and trusted by people. The quality of the product you choose to start your business with must be good, and you must treat people well. So, you may ask yourself—what business should I do? First, focus on developing your skills. You’ll see that opportunities will start coming to you. Look around your local area and identify products that are in short supply but have high demand. Once you find that gap, you’ll realize that going from zero to hero won’t take much time.
We all think about becoming successful and growing big. But if you truly want to grow, you must produce goods according to consumers’needs. Now the question is—do you need machines to produce products? And if so, who will provide those machines?

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company. If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

When I was trying to figure out what I wanted to do, I first asked myself: what can I do that other people can't? I listed on a piece of paper the skills I'm excellent at and those I have potential for but still need to develop. This is the path and first step to success on the road to starting a successful business or monetizing your hobby. It's not easy and only sounds easy in words.
But once you start, you realize it's worth trying, because it can change anyone's life, becoming a replacement for an unloved job.

[Ocham]

Skills are the foundation of success in both career and business. Investing in yourself is the most reliable. The more knowledge and skills you have, the higher the chances of finding your dream job or launching your own project. The money will come by itself when you are ready to manage it. The path to freedom begins with learning and practice. I acquire good skills by using darkbot.io

Money will come by itself’ does not mean that you can just sleep and do nothing 😄. To earn money, you must work hard and learn skills. If you are a complete beginner, you can start a business with a small amount of capital to avoid big losses. Money does not come automatically; it requires relentless effort, skill development, and strong mental determination.”

[Accardo]

To sustain a long-term business, it is very important to gain the trust of the buyer because once they believe in the quality and fairness of your product, the buyer will come to you even if there is competition in the market.

A sustainable business growth stand on building what would make social impact on the long term, the goal shouldn't be self success, but helping the societal economy grow. By implementing what you know the world will never get tired of using or purchasing into a business idea and operate on it for a long duration both the enterprise and national economic value would be impacted through this establishment.

[suhadi88]

Yes, in the present time, there are many companies that can provide you with machines. However, they may set certain conditions, which might reduce your profit margin slightly. Even then, you can still establish your business and build your company. If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

A great and motivating idea for everyone, especially those who appreciate change. Whether it's a long time coming or imminent, I, or others, can only feel it: the changing economic situation, with a possible global recession.

This situation has many people panicking and stressing, selling their assets to survive the recession. But for those who understand, this is a time to move money, and for others, it's like surfing in a state of confusion.

In my opinion, affordable food and beverage businesses, as well as herbal medicines, will certainly attract a lot of attention due to the current high prices. The assumption is that they can still be consumed at a reasonable price.

[AgriTrack]

You are right about how one should go about it, because someone who wants to start a business must do their homework properly. The first step is to find a business that you should start, and then you should see where the business should be started so that it gets enough customers based on the demand of the business, and then the last step is to make the investment in the business, and it isn't necessary for a business to have machines and be producing their own products right from the beginning, one can also start as a reseller, and use the products of other companies that are already available.

And, I wouldn't recommend the pooling system or starting a business with partners, because no matter what, partnerships where money is involved often end up in fights, and those fights could get dirty sometimes. That's why, I would rather suggest someone start a business on their own instead of making friends join them in it, I know that people mostly do partnerships because they need extra funding, but either take a loan or start a smaller business, but avoid partnering up at all costs.

Patient +experience +network+ investment = successful business. These all are the steps for business that one has to adopt. Patience and experience are the key factor of any business. If anyone has lack of these two qualities then success is not guarantee. it is essential before starting business, patiently spend time in gaining the experience in required field  then take risk of starting your own. Side by side developing social network because social connection sometimes provide helps in promotion of the business. If I got a chance to start my own business then I would prefer one  whose  demands remain through out 12 months. For me it is a cosmetic business, I find it good because I never heard any complain regarding inflation. it's demand never seems decrease. It's also very trending business at all. I will invest in it after gaining proper knowledge and experience so that I could manage it successfully.

[batang_bitcoin]

If you don’t want to do business this way, another option is to start a business by pooling small amounts of money with a few friends and growing together.

Or you can do the opposite with this and that's by not having a business but an investment. And this is what many of people does not only from the forum but globally. Many are investors and they receive dividends from their investments based on how much they have put into it and the risk is much greater but if that investment does greatly, the reward is even greater. It's also considered as a business when you're an investor and keep yourself invested for so many things including Bitcoin and as well as other stocks and companies/assets.

[Hypnotizer]

When I saw the thread..apparently the title of the thread I thought this is some eye opener about what business ideas are and how to somehow manifest them into a reality but I saw the OP discussing about how to get business ideas. One thing about ideas is that they are worthless if they are not manifested into a reality..at least by trying to, lots of people had incredible ideas that could make a huge impact but they died without trying them out that’s the difference..to find an idea might sound easy but to actually put in the effort isn’t.

So basically, starting a business isn’t an easy task if you really want the business to succeed but that doesn’t give room for procrastination..draft a plan, be consistent and patience and be open to learn new things about the business and adapt if there’s any need for for that.