One business advice you can give to a beginner in business
- Thread starter cherry123
- Start date
Connecting with people is the key. Take advantage of networking opportunities and do everything it takes to stand out.
A beginner should know that investing online or working online is not a get-rich-quick scheme.
I would strong advise beginners to start small and don't overspend. I've known start-ups failed because of overspending. They rented an office in a central area, and entertained potential customers in elegant restaurants.
I think that many beginners always try to make money online and they think that they can make big money overnight. This is a wrong thinking.
Concentrate on one thing and continue until you succeed in it. Don't jump from pillar to post . It will make you to be Jack of all trade and master of none. Now, I only concentrate on pay per post
One advice I would give is to pick your location carefully. Location can make or break your business. I have witnessed a lot of business shutdown all.because the location they picked didn't match with the products they where selling
One advice that I will give someone who just started a new business is to never be too greedy when it comes to making profit because it is going to mark your downfall in the business.
Do not only focus on the exit strategy, especially if your business is not such one that gets clients immediately. Start with the entry strategies as many as you may be able to do. All those will lead to the exit strategy. For example, a lot of people have spent thousands of dollars in affiliate marketing but you can start with paid-to-post sites, then gigs and investing. The proceeds can be used to invest in affiliate marketimg such as testing the products you are promoting and advertising and marketing
