Most Important Steps to Starting a New Business:
Identify your passion:
If you want to have success in business you have to be passionate about your business you have to love what to do. Every other rule in business does not apply, will not help you, will not save you, will not let you build something successful unless you love your Business.
You want to start a business that’s better because you love business or because you want to see a change as you can make in the world have a positive impact that you needs to lead this charge.
If you started the Business just because you can make a money in the business it’s not going to work, it’s never going to take off. You have to love it so much you’re willing to push through every huddle, every barrier that gets thrown in your way because the people who don’t love it the logical people will quit because it gets too hard.
It’s the crazy entrepreneurs who love their Business so much would do it even if they weren’t making money at it, keep pushing through and you have to push through so much crap to get to the place of success.
So do you love this business idea enough to persist with it, to keep going with it, to eventually turn it into successful to deal tons and tons crap because it’s going to be hard
2. Get some Experience in your Passionate Business.
Whatever the business is for you, how do you go out and get this thing started, if you have no experience in the business you’re not going to get a lot of money, you’re not going to get a lot of clients because you don’t know what you’re doing.
You want to make money as an entrepreneur, you make money by providing value. The more value provides, the more money you’re going to make. If you don’t have enough knowledge and experience history to provide great value, you’re not going you’re not going to make a lot of money. You’re going to make tons of mistakes, you’re going to maybe take on debt, try to build the thing out and it doesn’t work and you end up going back and getting the job and paying off this debt for the rest of your life.
You have to get some experience so work for a company, go work for a small business who’s in your field get to know the industry. See how they do it, see how they make customers, see how they create content, see how they distribute their product, see how they market their business, see how they run their company.
Determine is it for you or not? Do you still love this thing or not?
Meanwhile, you’re getting paid to make mistakes you’re getting your education and you’re getting paid to get an education and being an entrepreneur in your Business. Then when you’re ready to start you keep your current job and you start on the side. Start getting customers by advertising your business. Try doing something on the side to build your business meanwhile you’re gaining experience from your job, you’re still seeing if you’re passionate about your business or not and on a side, you’re starting this thing up.
Try to get one person to pay you for what you do, one person who’s interested who will put dollars on the table and give it to you to start this thing. and keep building it up to the point where you have enough money to quit your job because most entrepreneurs quit their jobs start up a company run out of cash you have to go to the back and get a job.
You don’t them let for momentum to build so start part-time, start on the side using your current job, you’re learning the industry, you’re getting connections and experience and tap into those to create your first business and find your first customer and you build your business around your customer because what you thought your business is going to be it never is it always changes.
Your great idea to start is never how it actually works out. You have to talk to the customers and react to the market and that will lead you to the path of success.
It’s so critically important because most entrepreneurs get this wrong, most entrepreneurs fail, 80% of the companies fail that’s going to be likely you. Right now you’re reading this steps you’re investing in yourself, you are learning to be a better entrepreneur so that increases your chances.
3. Believe yourself:
This is the very important step that you want to start anything first Believe in your self. Without believing you can’t get anything.
But your getting started and you don’t know what business you want to start, how to go about doing it, follow those key steps.
Make sure your passion, make sure you are following something that you absolutely love doing to go get a job to get to learn about it, learn from someone who’s gone through it and can help be a mentor for you and then start your business on the side, get your first customer and prove that what you have will work and expand from there and expand from there those are your stating steps that are your homework.