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How to have a successful business ?
Hi, I'm 13 years old grade 10th student. How can I become a successful business woman
5 answers
Updated
Steph’s Answer
Hi Aliya!
The way I've become a successful business woman is to figure out what I'm good at, and find my target customers unmet needs and fill them! Sounds super simple, but it can be really tough when you break it down. Talking to your target customers is so important so you deeply understand what they need and how you can fit that need.
It takes a lot of hard work, but it's 100 percent worth it when you continue to grow and build a career helping others!
Good luck!
Steph
The way I've become a successful business woman is to figure out what I'm good at, and find my target customers unmet needs and fill them! Sounds super simple, but it can be really tough when you break it down. Talking to your target customers is so important so you deeply understand what they need and how you can fit that need.
It takes a lot of hard work, but it's 100 percent worth it when you continue to grow and build a career helping others!
Good luck!
Steph
Updated
Kimberly’s Answer
Hi Aliya, Good morning from here. I'm very happy that you are ambitious. Ok then, in becoming a successful woman There are three things you need to have which are; Determination, commitment, and hard work.
In other to be successful you have to be determined. You have to have a goal insight you want to achieve and go for it.
Next commitment; Being determined and not having commitment wouldn't work at all. Why? That's because you they both go hand in hand. To be committed to your work is to love what you do and give in the best results.
Finally, hardwork. Nothing comes easy in life and so you must to hardworking to achieve your dreams. That's sacrificing your time and making the most use of it.
I hope i have been able to answer your question. Thank you.
In other to be successful you have to be determined. You have to have a goal insight you want to achieve and go for it.
Next commitment; Being determined and not having commitment wouldn't work at all. Why? That's because you they both go hand in hand. To be committed to your work is to love what you do and give in the best results.
Finally, hardwork. Nothing comes easy in life and so you must to hardworking to achieve your dreams. That's sacrificing your time and making the most use of it.
I hope i have been able to answer your question. Thank you.
Updated
Rumana’s Answer
Hi Aliya! I am so happy to read your question!! Well done for this wonderful question.
The three things that make a business successful are:
1. Having a great product/service to sell - Understand that successful business is made from a "need" in a "market". A market is the space where all businesses operate, in a city, a town, a country, in many countries, globally. Need is the need of a service or a product that the market needs. Now there will be many businesses which don't have to be absolutely unique. Eg., you can see many boutiques in the town, different shops selling customised clothes, and that is a "market" and the "need" is the clothes.
Some of the most successful businesses provide something that is so unique, a need that people have but they are not aware of. Read that again. A NEED THAT PEOPLE HAVE OF A PRODUCT OR A SERVICE BUT THEY ARE NOT AWARE OF. This is what creates a niche, which means something that only your business has to offer. It does not have to be a brand new invention, eg. it could be the "clothing market" but what is it that you can think of offering differently with your product offering that people need but are not aware of.
To elaborate further on that, someone here in Ireland started an online app where you can borrow clothes for any kind of event you want to go to, so you don't have to spend a lot on buying one dress. So instead of spending $150 on one dress, I can spend this amount 3 or 4 or even 5 times (totalling to $150) and can get to wear different dresses to different events. This is "solving a problem" -
I need clothes
I need party event clothes
Party event clothes are expensive
I cannot spend $150 each time I have an event
So I go to the app and borrow these clothes.
So this is how it's solves problem for money, space and a lot of other things that I don't think about.
Take this example, observe the adults around you, observe the markets around you, read about the different products in the market and start thinking what I really really want to do.
And another great thing that helps is, what would really make me happy?? Am I excited about art, about tech, about clothes, about food, about poems, what excites me, because you need that passion for what you want to start as a business.
The three things that make a business successful are:
1. Having a great product/service to sell - Understand that successful business is made from a "need" in a "market". A market is the space where all businesses operate, in a city, a town, a country, in many countries, globally. Need is the need of a service or a product that the market needs. Now there will be many businesses which don't have to be absolutely unique. Eg., you can see many boutiques in the town, different shops selling customised clothes, and that is a "market" and the "need" is the clothes.
Some of the most successful businesses provide something that is so unique, a need that people have but they are not aware of. Read that again. A NEED THAT PEOPLE HAVE OF A PRODUCT OR A SERVICE BUT THEY ARE NOT AWARE OF. This is what creates a niche, which means something that only your business has to offer. It does not have to be a brand new invention, eg. it could be the "clothing market" but what is it that you can think of offering differently with your product offering that people need but are not aware of.
To elaborate further on that, someone here in Ireland started an online app where you can borrow clothes for any kind of event you want to go to, so you don't have to spend a lot on buying one dress. So instead of spending $150 on one dress, I can spend this amount 3 or 4 or even 5 times (totalling to $150) and can get to wear different dresses to different events. This is "solving a problem" -
I need clothes
I need party event clothes
Party event clothes are expensive
I cannot spend $150 each time I have an event
So I go to the app and borrow these clothes.
So this is how it's solves problem for money, space and a lot of other things that I don't think about.
Take this example, observe the adults around you, observe the markets around you, read about the different products in the market and start thinking what I really really want to do.
And another great thing that helps is, what would really make me happy?? Am I excited about art, about tech, about clothes, about food, about poems, what excites me, because you need that passion for what you want to start as a business.
Regina Ford
Corporate Recruiter / Education Counselor / Business Owner / Business Development
1
Answer
Updated
Regina’s Answer
Hello! It's great that you're thinking about your future at such a young age. Building a successful business takes a combination of skills, dedication, and continuous learning. Here are some tips to help you on your journey to becoming a successful businesswoman:
Identify Your Passion:
Choose a field or industry that you are passionate about. Your enthusiasm will keep you motivated during challenging times.
Education and Skill Development:
Focus on your education and develop skills relevant to your chosen industry. This could involve both formal education and self-learning.
Set Clear Goals:
Define specific, measurable, achievable, relevant, and time-bound (SMART) goals for your business. Having a clear vision will guide your efforts.
Learn from Others:
Study successful entrepreneurs and businesses. Understand their strategies, challenges, and how they overcame obstacles. Learn from both their successes and failures.
Networking:
Build a strong network of mentors, advisors, and peers. Surround yourself with people who can provide guidance, support, and valuable insights.
Adaptability:
Be open to change and adapt to evolving market trends. Flexibility is a key trait for successful entrepreneurs.
Financial Literacy:
Understand the basics of finance and budgeting. This knowledge will help you make informed decisions about your business's financial health.
Hard Work and Perseverance:
Success in business often requires hard work and perseverance. Be prepared to face challenges and setbacks but stay committed to your goals.
Customer Focus:
Understand your customers' needs and provide value. Building strong relationships with customers is crucial for long-term success.
Innovate and Stay Creative:
Embrace innovation and be creative in finding solutions to problems. This can set your business apart from competitors.
Time Management:
Learn to manage your time effectively. Prioritize tasks and focus on what truly matters for the growth of your business.
Ethical Business Practices:
Conduct your business with integrity. Build a reputation for honesty and ethical behavior, as it is crucial for long-term success.
Remember, success in business is a journey, not a destination. Stay curious, stay hungry for knowledge, and never stop learning. Good luck on your path to becoming a successful businesswoman!
Identify Your Passion:
Choose a field or industry that you are passionate about. Your enthusiasm will keep you motivated during challenging times.
Education and Skill Development:
Focus on your education and develop skills relevant to your chosen industry. This could involve both formal education and self-learning.
Set Clear Goals:
Define specific, measurable, achievable, relevant, and time-bound (SMART) goals for your business. Having a clear vision will guide your efforts.
Learn from Others:
Study successful entrepreneurs and businesses. Understand their strategies, challenges, and how they overcame obstacles. Learn from both their successes and failures.
Networking:
Build a strong network of mentors, advisors, and peers. Surround yourself with people who can provide guidance, support, and valuable insights.
Adaptability:
Be open to change and adapt to evolving market trends. Flexibility is a key trait for successful entrepreneurs.
Financial Literacy:
Understand the basics of finance and budgeting. This knowledge will help you make informed decisions about your business's financial health.
Hard Work and Perseverance:
Success in business often requires hard work and perseverance. Be prepared to face challenges and setbacks but stay committed to your goals.
Customer Focus:
Understand your customers' needs and provide value. Building strong relationships with customers is crucial for long-term success.
Innovate and Stay Creative:
Embrace innovation and be creative in finding solutions to problems. This can set your business apart from competitors.
Time Management:
Learn to manage your time effectively. Prioritize tasks and focus on what truly matters for the growth of your business.
Ethical Business Practices:
Conduct your business with integrity. Build a reputation for honesty and ethical behavior, as it is crucial for long-term success.
Remember, success in business is a journey, not a destination. Stay curious, stay hungry for knowledge, and never stop learning. Good luck on your path to becoming a successful businesswoman!
bret mckinney
Screenwriter / Producer of Motion Pictures & Television - Member Writers Guild of America (WGA)
1
Answer
Updated
bret’s Answer
Greetings Aliya!
I am relieved and inspired by your question; reading of your desire 'to know' and then 'asking..." is refreshing and nostalgic. So, thank you!
My answer here will challenge you--and anyone who reads this post--to consider a rarely understood point of view about becoming successful. I'll attempt to make this brief:
1. Every thought and idea you have roaming around in your mind's eye theater has a word attached to it--Word choice matters when writing, speaking--communicating--what's in your heart, on your mind, how you feel and what you need and how you see the world. Choose & arrange those words into expressions that identify, satisfy, and edify the souls and desires of humanity, families, clients and organizations. Paint with the color of words.
2. No matter what you desire to do in business, write your way into it. Identify a particular industry or market's challenges you feel passionate about. Offer a clever solution in a way that reveals your intelligence, passion and understanding as a leader or, a visionary or, collaborator. (Write 'white papers' and submit them to conferences - with endorsements from teachers and or industry experts.
3. Make a daily list of things to do. Check it off each day.
4. Finally, as a student, remain curious, listen to what, how and why business leaders and innovators take the steps they do to 'remain relevant'... Interview them. We're excited and usually very candid and willing to offer 'what we know' (LOL) to any student willing to ask.
For reference, I had no prior experience in the industries I've worked in. I really did write my way into each one: Technology, Entertainment, Software, Professor and Business Development Consultant, and now, AI... (I've never taken a coding, engineering, or business class. I simply paid attention to the words people used and the way words influenced decision makers... i just wanted to answer theirs, or their industry's questions intelligently so they could succeed!)
All of the others (previous or following) who've answered your question are probably more qualified than I am to answer. But, since others may read my words, they're here for those who enjoy alliterative adventurous arrangements among the alphabet!
-- BCMK!
I am relieved and inspired by your question; reading of your desire 'to know' and then 'asking..." is refreshing and nostalgic. So, thank you!
My answer here will challenge you--and anyone who reads this post--to consider a rarely understood point of view about becoming successful. I'll attempt to make this brief:
1. Every thought and idea you have roaming around in your mind's eye theater has a word attached to it--Word choice matters when writing, speaking--communicating--what's in your heart, on your mind, how you feel and what you need and how you see the world. Choose & arrange those words into expressions that identify, satisfy, and edify the souls and desires of humanity, families, clients and organizations. Paint with the color of words.
2. No matter what you desire to do in business, write your way into it. Identify a particular industry or market's challenges you feel passionate about. Offer a clever solution in a way that reveals your intelligence, passion and understanding as a leader or, a visionary or, collaborator. (Write 'white papers' and submit them to conferences - with endorsements from teachers and or industry experts.
3. Make a daily list of things to do. Check it off each day.
4. Finally, as a student, remain curious, listen to what, how and why business leaders and innovators take the steps they do to 'remain relevant'... Interview them. We're excited and usually very candid and willing to offer 'what we know' (LOL) to any student willing to ask.
For reference, I had no prior experience in the industries I've worked in. I really did write my way into each one: Technology, Entertainment, Software, Professor and Business Development Consultant, and now, AI... (I've never taken a coding, engineering, or business class. I simply paid attention to the words people used and the way words influenced decision makers... i just wanted to answer theirs, or their industry's questions intelligently so they could succeed!)
All of the others (previous or following) who've answered your question are probably more qualified than I am to answer. But, since others may read my words, they're here for those who enjoy alliterative adventurous arrangements among the alphabet!
-- BCMK!
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