5 Simple Rules of Starting-up.

[Shigobad2020]

The business plans is the first rule while getting the money needed for the business is the second , a good busines location and building of the business is also important

 

[Sincerem]

Thanks for sharing. In as much as this will help so many people achieve success in their different areas of business , we also have to understand that planning of business is very important . Even if your business is successful you must still have a business plan of where you want the business to be.

 

[Sincerem]

Sometimes we are always advised to find solutions to problem as this will help us make money and at the same time help humanity. All these rich people out there have been able to find solutions to certain problems of humanity.

 

[Shigobad2020]

You just have to be consistent with the business and maintain positive cash flow. Try to invest the profit back into the business. This will makes the business to grow faster and expand.

Getting consistent is the only way your business can keep growing and makes positive income of cash flow , some business entrepreneurs get tired becuase the business is not functioning as the want.

 

[tyrim88]

In a new startup, there is tremendous competitive value in registering intellectual property early, but you don’t need to contract these tasks to expensive experts any longer. Trademarks, copyrights and even patents can be completed online

I think that has realyy been a good idea about registring ones interlectual property,because the process has been made to be a lot easier by just staying at the comfort of your home to carry out the process.

 

[Gilead]

This is a very special advise for start ups, and I know it. Kudos to you. Personally i think you Having your target audience is the best way to go. Because you should create your business from the demand basis. That's the spirit of capitalism. The supply basis should be from the government. Just my observation though.

 

[Shigobad2020]

This is a very special advise for start ups, and I know it. Kudos to you. Personally i think you Having your target audience is the best way to go. Because you should create your business from the demand basis. That's the spirit of capitalism. The supply basis should be from the government. Just my observation though.

having your target audience is what you need after doing the neccesary research on the target audience and it has to do with the location where you believe the business will move .

 

[Ononivami]

having your target audience is what you need after doing the neccesary research on the target audience and it has to do with the location where you believe the business will move .

It is very important to take into consideration the target audience because that is exactly what will bring-in the profit once you were able to established this , then you are on the verge of making profit for yourself.

 

[Smiles20]

You should always start up a business with something in mind that you intend to solve based on verifiable data. It is not just a lot to start a business because other people have done it and they have a successful.

 

[Shigobad2020]

You should always start up a business with something in mind that you intend to solve based on verifiable data. It is not just a lot to start a business because other people have done it and they have a successful.

You need to know much about the business you are starting before you can start any business either online or offline business, You need to be familiar with the business you wish to start and also have a good business plan.

 

[GIFTMICHAEL]

If you are thinking of a creating a start-up - let me save you years of aggravation and money wasted with 5 simple rules:

1. Do NOT start with the solution - start with the problem - solutions come from problems - not the other way around. People pay money for solutions to their problems, not your solution to something that is not a problem for them.
2. The answer is always "why" - every aspect of your service, website, call-to-actions, pricing page - you need to have a written definition of 'why' for every aspect of your service in order to be optimised and successful. If you don't have reasons "why" for any part of your service - you will not be effective in serving your customer and fail.
3. Define your target market by describing who the person is, and where they are in their daily journey. You need to find a way to deliver your solution to them right there and then - map out their discovery process and how they will find you.
4. KISS - Keep It Simple Stupid. Less is more. People take the shortest path to get to a goal. Make it easy for them. REALLY easy.
5. [Golden Rule] - You want something in life? You give it. You get what you give. Always be giving - it comes back.

Have anything to add?

You have presented an informative article here in such a good way, so I don't think that anything more can be given here, so whoever wants to start should follow all these rules.

 

[Joseph555]

Indeed all business should start in order to provide solutions to problems and not the other way round. Knowing your target is also very important.

 

[Immilash]

The first rule I'll like you to have is plans, if you start up your business with good plans you'll definitely get it right, having the good knowledge is also important.

 

[Agbalagbaa]

That's completely true, but I think the first thing you need to put in consideration is having a plan, no matter what you'll be doing if you don't have a plan you'll not get it right.

 

[nana kwasi]

Another guideline for new and small business owners is not to anticipate such quick returns. They must be patient to establish themselves in any industry they find themselves in.

 

[nadiel sahmen]

It must be emphasized that consistency is important for a starting because things won't suddenly start flowering like that; you must continually press forward and not give up. This is a very useful and educational piece that will truly aid one to come out productively as an entrepreneur.

 

[Eli342]

Yes, having enough capital is crucial since, as we all know, it forms the foundation of a company. You should also not be afraid of change because, eventually, hiring employees is a must for a company to grow and prosper.

 

[Shigobad2020]

Some simple rule and the most important rules I know you can follow when starting a business is to have a business plan . Working on the plan and getting a good location for the business.

 

[Sincerem]

Some simple rule and the most important rules I know you can follow when starting a business is to have a business plan . Working on the plan and getting a good location for the business.

I believe whenever we are interested to start up anything , both of all these things must be on the right proportion . A good location without a good business plan will still affect the business the business negatively and also the other way around.

 

[Setho]

I am going to advise that you should try to put a priority on learning from others. It is always a good thing that you should try to consult people who have been successful in that particular field and hear from them on what made them successful and their mistakes over the years.