Benefits of having experience before starting a business

[cherry123]

it is always good to have experience before starting a business because it comes with immense benefits like understanding the opportunities that exist. You would be farmiiar with the needs and wants that exist and quick to identify and recognize an opportunity exist in the business

 

[Sanjeev]

Yes, it is better to have an experience of the things of which you're setting up a business. It's always good if you know a product or a service so that you may guide your employees yourself. You should also know the market for a better business.

 

[Suba]

Experience does not have to be gained by managing the same business, but experience can be gained when we work for other people. Just like we work in a restaurant, you can use this experience to open similar businesses, such as food stalls or even restaurants.

 

[Sanjeev]

Yes, it can be gained by working in the same industry and dealing in the same market.

 

[Starmix]

Having experienced the first business will lead to a better business next time if you failed the first. We can plan well and never would want to repeat the same mistakes again in the second business. We are already aware.

 

[Hate2Wait]

Having business does help and if we are not experienced then we need to take help of our family and others who are experienced in this aspect

 

[Sanjeev]

Having business does help and if we are not experienced then we need to take help of our family and others who are experienced in this aspect

I don't think it's beneficial because if our business fails we start blaming others for it so it's better to take your own decision.

 

[Hate2Wait]

I don't think it's beneficial because if our business fails we start blaming others for it so it's better to take your own decision.

This is correct, no doubt about it but instead of going with an inexperienced approach better to consult those that we know are trusted and successful

 

[Sanjeev]

This is correct, no doubt about it but instead of going with an inexperienced approach better to consult those that we know are trusted and successful

There are tutorials on the internet, one may take help from them. One should gain enough knowledge before starting any business.

 

[Hate2Wait]

It does help but we cannot learn everything from Google and I feel Google is not 100% and lack personal touch

 

[Sanjeev]

Not everything is correct on Google, yes are right. The practical experience of the people is better than it.

 

[fcbetting]

Experience can be just good thing if you did learn about your work. If you just come work but didn't learn about all aspects, your experience in leading will be bad.

 

[Bisolami]

it is always good to have experience before starting a business because it comes with immense benefits like understanding the opportunities that exist. You would be farmiiar with the needs and wants that exist and quick to identify and recognize an opportunity exist in the business

The major benefits of having an experience of the business you want to do is that the business will not go bankrupt easily and it will even give you a better idea on how to run the business

 

[Hate2Wait]

Not everything is correct on Google, yes are right. The practical experience of the people is better than it.

Yup and all people we know are not bad so some actually like to help us and will surely help with their experience

 

[Bisolami]

Yup and all people we know are not bad so some actually like to help us and will surely help with their experience

Exactly my point too but it is just sad that a lot of people generalize it and say that everyone from a particular place is bad

 

[Hate2Wait]

Exactly my point too but it is just sad that a lot of people generalize it and say that everyone from a particular place is bad

Actually majority is like that now and they don't feel happy for you and like to find ways to make you feel bad so we need to be mindful of that too

 

[cherry123]

The major benefits of having an experience of the business you want to do is that the business will not go bankrupt easily and it will even give you a better idea on how to run the business

Exactly that's the whole essence to avoid getting self into losses that would have been avoided.

 

[Hate2Wait]

It's not like we cannot do well without experience but with experience you'll be more confident and focused

 

[eldavis]

Having some level of experience would definitely help you when starting your own business, it would prevent you from making certain mistakes a beginner might make. It would also make things faster as well, in terms of growing the business.

 

[freelancermaria]

Yes, experience is the best teacher. If you are a first-time business owner, it is best to start small, as it has the prospective for growth. You can get helpful ideas from others as well.