11 Common Entrepreneurial Mistakes To Avoid

11 Common Entrepreneurial Mistakes To Avoid

1- Trying to be a know-it-all.

2- Choosing the wrong partner.

3- Focusing on growth rather than quality of services.

4- Under-estimating the importance of technology.

5- Expanding without planning.

6- Not hiring competent employees.

7- Denying professional help.

8- Missing viable investment opportunities.

9- Not keeping up with market trends.

10- Poor marketing.

11- Not working on entrepreneur skills.

9 Things You Should Do To Have A Successful Business

9 Things You Should Do To Have A Successful Business

1- Want it bad enough to work harder

2 – Question » what would i do if i weren’t afraid? »

3 – Plan ahead and start early.

4- Always generate lots of ideas.

5 – Focus on ideas with large markets.

6 – Do something with your ideas.

7 – Look for problems and solve them.

8 – Keep your eyes, ears and mind wide open to learn.

9- When it comes to your colleagues, be patient and tolerant.

10 Great Tips You Need To Know Before Starting A Business

10 Great Tips You Need To Know Before Starting A Business

1- Find a product or idea that is popular but not yet perfect.

2- Buy one and study it in detail.

3- Find out how to improve it.

4- Make a prototype and show it to people.

5- Remake it until people start pre-ordering it.

6- Find an investor.

7- Make the product and sell it!!

8- Recruit your support team.

9- Organize your environment.

10- Include motivators.

How To Start A Business In 10 Days

How To Start A Business In 10 Days

Day 1 : Draw up a business plan.
Day 2 : Study the market : How your products or services are compared to what’s available, who your target customers are and what government regulations and licensing requirements to expect.
Day 3 : Build out your brand : Including a name and a professional-looking logo, Once you have your logo nailed down, take your file to a quick-turnaround print service for letter-head, business cards and marketing collateral such as posters, mailers and sales sheets.
Day 4 : Incorporate the business.
Day 5 : Set up a lean machine.
Day 6 : Start selling.
Day 7 : Work the media.
Day 8 : Fake it till you make it.
Day 9 : Work in and on your business.
Day 10 : Throw a party.

9 Steps For Your Business Plan

9 Steps For Your Business Plan

1- Identify the need your business fulfills.

2- Clearly describe how it fulfills his need : List objectives for the actions your business takes to address holes in the market.

3- Recognize how your business is unique.

4- Name your key stake holders.

5- Know the size of your market : Analyse the market conditions: how big it is, how much is it growing, how fast is it growing and what is the profit potential?

6- Know who makes up your target market : Your marketing strategies should be clearly aimed at your target market, if not, you’re wasting your money, time and effort.

7- Devise ideal promotional strategies.

8- Break down your revenue streams.

9-Budget how much money you need to get started and keep going.

8 Ways To Grow A successful Small Business

8 Ways To Grow A successful Small Business

1- Find people who share your passion and vision : Look for people who are ready to fully commit themselves to your business.

2- Connect with other business owners : Including those who are running the same type of business as yours, learn from others experiences.

3- Develop new products while maintaining the high quality of existing products : Ask for customers feed-back.

4- Find and retain high-value customers.

5- Provide high customer services.

6- Word of mouth marketing : Happy customers are your best marketing tools.

7- Use advanced technology to stay competitive : Accounting software, planning software, time tracking software, E-mail management, mobile internet access.

8- Maximize your online presence : Website, Facebook, LinkedIn, Online forums.