Most people you talk to would love to have their own business and many already have a great new idea on what to sell. There are many more things to consider before you jump in and expect a quick success. Overnight success comes to less than 1% of new businesses and you should not expect it. But a steady growth over a time period can establish a business that will last and prosper. What you do in the beginning can determine how successful you will be in the long run.
One thing to consider before even starting the business should be that you're willing to make the TOTAL committment to your success. Problems will occur and you must be ready to solve them or find another way around them. People will ask "Why should I buy from you?" and being a nice person with great service is not enough of an answer. Remember that it's not what you think is a great idea that counts but what your potential customers and clients believe that will make you a success. You must be able to convince them to see the benefits in what you offer and that you will back it up.
I have started over 20 businesses in retail, franchise, business to business, home-based and direct mail and available to help or coach a new business owner. www.idealetter.com
Wednesday, December 7, 2011
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In today's mindset of young graduates, they would probably own a business than working to a corporate world. They are just checking out on how to start a business.
ReplyDeleteToday, many people dream to have their own business. Actually, who doesn't want to become a great businessman like Jeffrey Sachs, Yuri Mintskovsky or Richard Branson? I totally agree with you, Barry! What you do in the beginning can determine how successful you will be in the long run. By the way, nice blog! I enjoy reading it!
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