2 answers
Arsh
Student
2
Questions
Asked
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how do i become a successful businessmen?And what course do i need to take?
I am in 9th grade.#student
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2 answers
Darakhshan Nazir
Data Journalist
11
Answers
Islamabad, Islamabad Capital Territory, Pakistan
Updated
Darakhshan’s Answer
Hey Arsh,
You don't always need courses/degrees to become a successful businessmen, although having that knowledge isn't a bad idea. For that, there are business adminstration / management degrees.
Now, coming to the main point, you can start your business anytime, even right now. With the technological advancement, low barriers to market and presence of social media, you'll be able to setup your business ( small or big) easily.
#1 Identify any problem/ opportunity you see around you. It needs not be something new or unique. You can work on common problems, but the 'implementation' is what should be unique.
#2 Propose a solution to it. Again, deliver something unique, like Careem & Taxis are both solutions to a common problem of transportation. But, careem made it's delivery unique by considering fixed rate per km, safety tracker, etc. So, understand the difference here.
#3 Stay consistent despite failure, and keep evolving your business.
Now, take a moment, and think about the problems or opportunities available around you.
Cheers!
You don't always need courses/degrees to become a successful businessmen, although having that knowledge isn't a bad idea. For that, there are business adminstration / management degrees.
Now, coming to the main point, you can start your business anytime, even right now. With the technological advancement, low barriers to market and presence of social media, you'll be able to setup your business ( small or big) easily.
#1 Identify any problem/ opportunity you see around you. It needs not be something new or unique. You can work on common problems, but the 'implementation' is what should be unique.
#2 Propose a solution to it. Again, deliver something unique, like Careem & Taxis are both solutions to a common problem of transportation. But, careem made it's delivery unique by considering fixed rate per km, safety tracker, etc. So, understand the difference here.
#3 Stay consistent despite failure, and keep evolving your business.
Now, take a moment, and think about the problems or opportunities available around you.
Cheers!
Alejandra Zelaya
Senior Analyst
54
Answers
New York, New York
Updated
Alejandra’s Answer
Hi Arsh,
I consult big companies on future-proofing their business, have started some side hustles myself, and love reading out business. One big item that I have seen again and again is this:
To start or invest in a successful business you don't have to think up a brand new mind-blowing idea, you just have to identify a problem and fix it.
Think Apple, Steve Jobs was living in a time where people had their phone for calls, they had their CD players for music, and often they even had a pager for voicemails or work calls. He thought to himself, "It's such a hassle to have so many devices doing so many different things, what if there was one device to do all these things?" And then the iPhone was born.
This story shows you that good business, smart business, solves problems. Because ultimately consumers have a lot of problems, and they're looking to make life simple, convenient, and sustainable. To be a successful businessman (or woman) is to be a problem spotter, and to see solutions to these problems as a business opportunity.
I hope that helped and I suggest reading up on these topics! You'll be surprised how inspiring, interesting, and mind-shifting the story of businessmen (or women) and investors are. The next step after you find a problem to solve is actually doing, maybe an interesting topic to explore next?
I consult big companies on future-proofing their business, have started some side hustles myself, and love reading out business. One big item that I have seen again and again is this:
To start or invest in a successful business you don't have to think up a brand new mind-blowing idea, you just have to identify a problem and fix it.
Think Apple, Steve Jobs was living in a time where people had their phone for calls, they had their CD players for music, and often they even had a pager for voicemails or work calls. He thought to himself, "It's such a hassle to have so many devices doing so many different things, what if there was one device to do all these things?" And then the iPhone was born.
This story shows you that good business, smart business, solves problems. Because ultimately consumers have a lot of problems, and they're looking to make life simple, convenient, and sustainable. To be a successful businessman (or woman) is to be a problem spotter, and to see solutions to these problems as a business opportunity.
I hope that helped and I suggest reading up on these topics! You'll be surprised how inspiring, interesting, and mind-shifting the story of businessmen (or women) and investors are. The next step after you find a problem to solve is actually doing, maybe an interesting topic to explore next?
Thanks alot to helping me out to understand.
Arsh