6 answers
Asked
524 views
What type of business do you run?
What type of business do you run?
Login to comment
6 answers
Updated
Rebecca’s Answer
Thank you for your question. I am glad to hear that you would like to be an entrepreneur.
Below are my suggestions:
1. Think about what industry you have interest or strength
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative / substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!
Below are my suggestions:
1. Think about what industry you have interest or strength
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative / substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!
Updated
Naajidah’s Answer
I’m currently working as a freelancer/contractor offering the following services: personal assistant, business operations, project management. At the moment I have 2 clients and working towards more next year!
Updated
Elizabeth’s Answer
As the proud proprietor of a blossoming photography venture, I am passionately dedicated to capturing life's most precious moments.
Thank you, Elizabeth!
Ethan
Updated
Nada’s Answer
Hi Ethan,
It's inspiring that you're thinking about starting a business from scratch right out of school! It takes guts, creativity, and a whole lot of hustle, but it can be incredibly rewarding. Here's some advice to guide you on your journey:
1. The Idea:
* Identify a Problem: What frustrates you? What do you wish existed? Often, the best business ideas come from solving a problem you've experienced yourself.
* Validate Your Idea: Talk to potential customers. Would they pay for your solution? Don't be afraid to get feedback early on.
* Start Small, Think Big: You don't need a groundbreaking invention. Sometimes, a simple idea executed well can be incredibly successful.
2. Planning and Preparation:
* Create a Business Plan: It doesn't have to be a formal document, but outline your goals, target market, revenue model, and how you'll reach customers.
* Research Your Market: Who are your competitors? What are their strengths and weaknesses? How can you differentiate yourself?
* Legal and Financial Basics: Choose a business structure (sole proprietorship, LLC, etc.), get any necessary licenses and permits, and understand basic accounting.
3. Building Your Brand:
* Choose a Name and Logo: Your brand is your identity. Make it memorable and relevant to your business.
* Build an Online Presence: Create a website or social media profiles to showcase your business and connect with potential customers.
* Content is King: Share valuable content related to your industry or niche to attract and engage your audience.
4. Getting Your First Customers:
* Tap Your Network: Tell your friends, family, and former teachers about your business.
* Leverage Social Media: Use platforms like Instagram, Facebook, or TikTok to reach your target audience.
* Offer Excellent Customer Service: Happy customers are your best marketing tool.
5. Growth Strategies:
* Word-of-Mouth Marketing: Encourage satisfied customers to spread the word.
* Partnerships: Collaborate with other businesses or influencers to reach a wider audience.
* Content Marketing: Create blog posts, videos, or social media content that provides value to your audience and attracts new customers.
* Paid Advertising: Consider using online advertising platforms (like Google Ads or social media ads) to reach a larger audience.
6. Essential Skills for Success:
* Sales and Marketing: Learn how to effectively promote your business and convert leads into customers.
* Financial Management: Track your income and expenses, manage your cash flow, and make smart financial decisions.
* Customer Service: Provide excellent customer service to build loyalty and get repeat business.
* Resilience and Perseverance: Building a business is hard work. Be prepared for setbacks and stay focused on your goals.
Resources:
* Small business development centers (SBDCs): These centers offer free or low-cost counseling and training to small business owners.
* SCORE: This nonprofit organization provides free mentoring and resources to entrepreneurs.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wide range of courses on starting and running a business.
Starting a business from nothing is an incredible journey. Embrace the challenges, learn from your mistakes, and never stop believing in your vision. Good luck!
It's inspiring that you're thinking about starting a business from scratch right out of school! It takes guts, creativity, and a whole lot of hustle, but it can be incredibly rewarding. Here's some advice to guide you on your journey:
1. The Idea:
* Identify a Problem: What frustrates you? What do you wish existed? Often, the best business ideas come from solving a problem you've experienced yourself.
* Validate Your Idea: Talk to potential customers. Would they pay for your solution? Don't be afraid to get feedback early on.
* Start Small, Think Big: You don't need a groundbreaking invention. Sometimes, a simple idea executed well can be incredibly successful.
2. Planning and Preparation:
* Create a Business Plan: It doesn't have to be a formal document, but outline your goals, target market, revenue model, and how you'll reach customers.
* Research Your Market: Who are your competitors? What are their strengths and weaknesses? How can you differentiate yourself?
* Legal and Financial Basics: Choose a business structure (sole proprietorship, LLC, etc.), get any necessary licenses and permits, and understand basic accounting.
3. Building Your Brand:
* Choose a Name and Logo: Your brand is your identity. Make it memorable and relevant to your business.
* Build an Online Presence: Create a website or social media profiles to showcase your business and connect with potential customers.
* Content is King: Share valuable content related to your industry or niche to attract and engage your audience.
4. Getting Your First Customers:
* Tap Your Network: Tell your friends, family, and former teachers about your business.
* Leverage Social Media: Use platforms like Instagram, Facebook, or TikTok to reach your target audience.
* Offer Excellent Customer Service: Happy customers are your best marketing tool.
5. Growth Strategies:
* Word-of-Mouth Marketing: Encourage satisfied customers to spread the word.
* Partnerships: Collaborate with other businesses or influencers to reach a wider audience.
* Content Marketing: Create blog posts, videos, or social media content that provides value to your audience and attracts new customers.
* Paid Advertising: Consider using online advertising platforms (like Google Ads or social media ads) to reach a larger audience.
6. Essential Skills for Success:
* Sales and Marketing: Learn how to effectively promote your business and convert leads into customers.
* Financial Management: Track your income and expenses, manage your cash flow, and make smart financial decisions.
* Customer Service: Provide excellent customer service to build loyalty and get repeat business.
* Resilience and Perseverance: Building a business is hard work. Be prepared for setbacks and stay focused on your goals.
Resources:
* Small business development centers (SBDCs): These centers offer free or low-cost counseling and training to small business owners.
* SCORE: This nonprofit organization provides free mentoring and resources to entrepreneurs.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wide range of courses on starting and running a business.
Starting a business from nothing is an incredible journey. Embrace the challenges, learn from your mistakes, and never stop believing in your vision. Good luck!
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
6522
Answers
Gold Coast, Queensland, Australia
Updated
James Constantine’s Answer
Hello Ethan!
I develop educational software.
https://www.youtube.com/user/yimi90125/videos
Any topic you care to mention [1,300 videos].
Examples UFOs/UAPs, Nuclear Weapons, Eschatology, Christianity, Art, Careers,
Life Skills, Medicine, Music, Health, Natural Therapies, Nutrition, NDEs, ...
God Bless You, Richly!
James Constantine,
The Little Old Aussie Battler.
I develop educational software.
https://www.youtube.com/user/yimi90125/videos
Any topic you care to mention [1,300 videos].
Examples UFOs/UAPs, Nuclear Weapons, Eschatology, Christianity, Art, Careers,
Life Skills, Medicine, Music, Health, Natural Therapies, Nutrition, NDEs, ...
God Bless You, Richly!
James Constantine,
The Little Old Aussie Battler.
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
6522
Answers
Gold Coast, Queensland, Australia
Updated
James Constantine’s Answer
Hello Ethan!
I develop educational software.
https://www.youtube.com/user/yimi90125/videos
Any topic you care to mention [1,300 videos].
Examples UFOs/UAPs, Nuclear Weapons, Eschatology, Christianity, Art, Music, Nutrition, NDEs, ...
God Bless You, Richly!
James Constantine,
The Little Old Aussie Battler.
I develop educational software.
https://www.youtube.com/user/yimi90125/videos
Any topic you care to mention [1,300 videos].
Examples UFOs/UAPs, Nuclear Weapons, Eschatology, Christianity, Art, Music, Nutrition, NDEs, ...
God Bless You, Richly!
James Constantine,
The Little Old Aussie Battler.