How to start a business that make you a multi million man…
In this world every want to make rich. But being rich is not so easy as it shown in movie. Everyone dreams to be like Bill Gates . The best way to be rich is start your business and here I will describe how you can start your business and be a multi million business man.
1.Make a S.M.A.R.T Goal – Only goal is not enough when you want to be rich. You need to create a smart goal. Smart goal means specific ( like doctor, web designers, teachers etc.) , measurable ( a goal which can be measured so you can calculate how much success you achieve in a particular time. Like I want 100 backlinks for my this article. Here 100 is measurable.), assuming, realist ( smart goals is not a dream, they are goal which are smart.) and time-bond ( you need to decide that how much time you want to take to overcome all your goals.)
Ask yourself that in which field, you have expertness, experience and interested? Dont copy other ideas. Just do which you like most. Ask yourself what do you want to be? Where do you want to see yourself in next 4 years? What can you manage better to sell a product or to offer a service.
I hope now you got your goal, your target
. Now what you need to just brand your business. Smart goal will make you easy to learn how to start a business.
2. Brand your business – What name suits most your brand? Think it and find some short and easily rememberable your name like “Apple” or ” Yahoo”. Don’t copy other name.
3. Build your team – Next steps you need to plan that whether you want to work alone, or with your some friends or hire a team.
Find some expert from your field. An expert only know the all pros and cons related to his business.
4. Find the market – You need to know who is possible customers, where can you find them, how you can attract them. What is the risk? , Who are your competitors?, Who has been failed this field before you and why? Who is the most successful person/business man in this field and why is he more successful than others? Research and take note. It will help you to make a business plan.
6. Smart work – In the current world, Hard work can’t make you succeed unless you do it in a smart way. Research that what is the other method of processing, marketing which never used?
7. Make a solid business plan – Set up the right price of your products or service. Be a master of marketing. Manage your finances both assets and spending. Try to save money as much as possible.
8. Dont be afraid to take risk – ” The biggest risk in the world is not to take any risk” Take a risk. Think big and set up a big goals. Dont afraid to advertisement. Remember “Money begs money”.
9. Make a good relationship with your employees. – Offer company sales to your employees. You also need to work like an employee to make a good relationship with your employees. develope partnership with them.
10. Make a good relationship with your customers too – In India its said “Customers is God”. Always put your customers first. Also give respect your past customers. Solve all queries as soon as possible.
11. Enjoy /love your business – A person who love his work, He will never need to work in life. Always feel proud at your business. Give respect to your business.
12. Time Management – Time is money and there is no business without money. You need build a better time management so that all necessary process complete within dead line.
13. Promote your business – Make an affiliate programs for your business like Amazon.com and e-commerce site. Give ads in popular newspaper and social networking sites like Facebook and Twitter. Give free classifieds ads in many site like olx.in or quicker.com
14. Build a website for your site Its 21st century and this is the epic of Internet. Build a beautiful, easy to navigate and attractive sites. So you can impress your customers and get more returning customers.
15.Always ready for emergency situations – 10% of business fail because they don’t have emergency funds. Always save some money for emergency situations. Hire a legal consultant for your growing business.
16. Be different and Never Give up – always feel motivated. Dont think negatively if you work is not growing. Just find the mistake and solve them one by one. To win the race of competition, think different, be different and Do different. Look sometime at T.V. Ads/movie how they create different ads/trailer each time to attract more viewer.
Now you know how to start a business and now just start your first step. Let me tell whats your openion to grow a multi million dollars business. IF you need any help or have any query just comments and I will feel happy to help you.Also Read to learn how to start a business and to be super rich person.