10 Startup Tips Chapter 25: Remedy For Motivation The content in this chapter will be very useful to your company and you won’t find it in any other business book. Your mental health, motivation, happiness and health are the most important factors in the success of your business. So there is no reason to miss…
10 Startup Tips Chapter 24: Facing Failure Learn to accept failure This may sound a little strange, but being an entrepreneur is about dealing with failure – an inevitable part of the creative process. As the inventor of the filament light bulb Thomas Edison put it: Of the 200 failed bulbs, each failure gave me…
10 Startup Tips Chapter 23: Development Strategy Your business is growing and doing well. You have revenue. You know where the money is. It’s time to get your business plan out of your drawer and read it again. It’s time to think if you’re on the right track to grow your business. The word “strategy”…
10 Startup Tips Chapter 22: Recruiting Employees So your business has grown, you have enough money for yourself but are overloaded with work. Is it time to hire staff? Can you not hire someone? “Production, sales, PR, designer, research… When can I hire someone? It’s never possible to work hard and have a great time…
10 Startup Tips Chapter 21: Tax This is quite a problem because: That is the reality of life. Some people are under pressure from tax evasion to the point of affecting the development of their businesses. Don’t let taxes get in the way of your business. Taxes do not bring success. As soon as I…
10 Startup Tips Chapter 20: A Guide to Accounting Bookkeeping Most businesses have problems with bookkeeping. Good entrepreneurship is starting with a new idea, things in a larger vision. A good bookkeeping job is to keep detailed, clear records and all figures to match. You need to have both in a business. While a good…
10 Startup Tips Chapter 19: Hold on to Cash Money is God By now, your business is growing, well run, and profitable. It’s time to double-check your finances. There is a pretty big difference between profit and cash flow. There are quite a few sad examples of great businesses, with great products, good profits, and…
10 Startup Tips Chapter 18: Sales Promotion: How to Get More Customers? So you have your first customers. Before you find more customers, you need to have a three-point plan to take care of your first customers so that they become the basis of your business. Step One: Make Customers Loyal to Your Product It…
10 Startup Tips Chater 17: How to Win in Sales Presentations Business, like a battle, has times to wait and times to finish. It’s the presentation phase. Giving a presentation is one of the few times in life where big results can be achieved with just 25 minutes of real work. It could be a…
10 Startup Tips Chapter 16: How To Be A True Successful Salesperson The only important skill you need in business is knowing how to sell. Many famous entrepreneurs are people of extraordinary drive. Mark & Spencer started out as boys selling goods in the market with a tricycle. Richard Branson started in a phone booth.…
10 Startup Tips Chapter 15: Finding Customers You have ideas, capital, factories, and marketing methods. You are ready to get to work. And now the important part. Sales are the number one success factor in your business. Customers are the fuel for your ship. No matter how well you pack your products, your methods are…
10 Startup Tips Chapter 14: Right Pricing Never low price. Add more value. – Aysa Angel Pricing is of great importance. Just 10% increase in product price can increase profits by 40%. Setting the right price can be a complicated process because pricing is closely tied to the concept of “value” and is emotional. People…
10 Startup Tips Chapter 13: Your Place Or Mine? There is a famous saying that the three most important factors in retail business are: Heaven, earth, and human harmony. The problem is that the funding to find a suitable location for your business is limited. 10 things to consider when choosing a business location 1.…
10 Startup Tips Chapter 12: Guerrilla Marketing To do a good job of marketing, you have to put yourself in the shoes of your customers if you want to understand their needs. It’s a lesson you should always carry with you. Many marketers define their audience by demographic profiles alone. But to truly understand your…
10 Startup Tips Chapter 11: Grasping the Law Most startup guidebooks have tons of information on legal matters. Just because you’re a connoisseur of the law doesn’t mean you’ll be successful. But if you ignore the basic legal issues, you will quickly get in trouble. The disappearance of bureaucracy Sadly, today’s small businesses are faced…
10 Startup Tips Chapter 10: Raising Capital Sometimes starting your own business makes you hesitant to develop your business idea. You need to spend money to make money. Below are the most common sources of financing. Financial sources Your savings: At this point in your mind, you always think about spending your sweat and tears.…
10 Startup Tips Chapter 9: How to Start a Business With Less Risk Know your limits, but never stop trying to exceed them.- Aysa Angel You have an idea and are ready to act. Now’s your time to get some mountain climber Chris Bonnington’s wisdom: Do risky things in a safe way. This is a…
10 Startup Tips Chapter 8: Turning Ideas into Business Plans You only live once, but if you do it right, once is enough. ― Mae West If you don’t know where you’re going, there’s no point in getting there. (Lewis Carroll, author of Alice in Wonderland) Your first task is to write a business plan.…