Monday, October 5, 2015

The Entrepreneurial Journey

 If you would like to start your own company in the future, here are some advice that I gained from other entrepreneurs and research that I have done. Starting your own business can be a challenging task, but it is also rewarding. Even though one does not succeed with their first venture, they can learn from their mistakes and try to improve themselves in the future or with their next endeavor. It is important to not feel discouraged and to always have an empowering mindset so that you can stay determined and try to achieve your goals. Negativity will only bring you down.

When developing your business, you should not only create a detailed business plan, but also try to sell and create enough awareness for your product. As an entrepreneur, you should try to tell as many people as you can about your business. This helps to draw in potential sales and also allows you to obtain feedback on how your product can improve. Creating your customer base is crucial in the beginning. One method to solve this problem is to work in the industry that you are interested in the sales or marketing department and network with your customers. Identify any problems that they currently have and take this information and apply it to your own business. Therefore you can fulfill the needs of your consumers. However, you have to make sure that when you contact your previous customers from your old job, you are not breaching any type of contract agreements.

Lastly, you should have a desiring passion when forming your business because this is something that you will be investing a lot of time in and if it does not inspire or make you happy, one can have a difficult time in taking the business to the next level. Enjoying what you do, will allow you to have fun and will give you motivation to break into new barriers. It is also important to always stay focused and have a clear mindset if you want to succeed. One should learn to overcome problems and gain knowledge from the experience.  

            

2 comments:

  1. Nice information. Although I could probably never even begin to design or create my own business!

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  2. Hello Kevin,
    I like your choice of topic. Entrepreneurship is a major component of the business world. I enjoyed how you noted the factors needed to take place in the "Entrepreneurial Journey". I would suggest that you consider mentioning entrepreneurs that have succeeded in the past and their paths to success.

    Best,

    Brandon Delijani

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