How should someone start up their business

[funkie]

As someone who is always intrigued and interested in the idea of starting and running their own business, I want to ask the community at RIF, especially those with experience in this field - how should a person with no prior experience, start up their business in the most sustainable way? All your replies will be greatly appreciated!

 

[hastral45]

The best way to start your business is to look for mentors in that field that will give you a push. Because if you are to start at your own, feelings of possible failure in the business may deter you from starting.

 

[cherry123]

I think it's to draw up a plan and take your feasibility studies on the business you want to start and move from there.

 

[hastral45]

Before you start your business, you have to draw your master plan, carry out feasibility studies and engage the services of the professionals in the field.

 

[funkie]

The best way to start your business is to look for mentors in that field that will give you a push. Because if you are to start at your own, feelings of possible failure in the business may deter you from starting.

That is indeed an interesting take, I have never really thought about it this way, and I haven't ever really thought about any business mentors. But, now I would for sure, thank you so much for this!

 

[cherry123]

That is indeed an interesting take, I have never really thought about it this way, and I haven't ever really thought about any business mentors. But, now I would for sure, thank you so much for this!

Exactly, you need a good mentor that will help direct you better in your quest to being a better business person

 

[Starmix]

The best way is to ask yourself the business you want to operate and if that business suits you. The next thing to do is check your capital, location, partner or man-power.

 

[cherry123]

The best way is to ask yourself the business you want to operate and if that business suits you. The next thing to do is check your capital, location, partner or man-power.

There are a lot of things to look out for when starting a business. You need to source for capital and have a good capital first.

 

[hastral45]

That is indeed an interesting take, I have never really thought about it this way, and I haven't ever really thought about any business mentors. But, now I would for sure, thank you so much for this!

It is pleasure. Mentors play major role in times of business development. It is just like someone who want to do artisan. He needs to do apprenticeship before he can succeed. We all need someone who will take our hands and show us how to do it better.

 

[cherry123]

The thing is that having a good mentor will help you avoid some pitfalls in business which is very important.

 

[funkie]

It is pleasure. Mentors play major role in times of business development. It is just like someone who want to do artisan. He needs to do apprenticeship before he can succeed. We all need someone who will take our hands and show us how to do it better.

Absolutely have to agree with you on this! We need role models in our lives to get to where we desire to be

 

[cherry123]

Absolutely have to agree with you on this! We need role models in our lives to get to where we desire to be

Yeah that's why there are role models they help to direct us wisely. You can get the best off their pieces of advice.

 

[hastral45]

Yeah that's why there are role models they help to direct us wisely. You can get the best off their pieces of advice.

If you follow a role model, you are likely to arrive at your destination in time. They will show you where to tread, the secret to unleash, methods to follow etc.

 

[Mikky]

To start up a business you have to know what it takes to succeeded in it, have what it demands and also be willing to give all your best. Never forget to learn from others experience in such field.

 

[cherry123]

If you follow a role model, you are likely to arrive at your destination in time. They will show you where to tread, the secret to unleash, methods to follow etc.

This is the whole essence of having them. you would have been able to get to your business destination on time

 

[Springtime]

To start up a business, you have to do a feasibility study and evaluate if the idea works. Next, you have to check out if you have enough capital and manpower to run the business. Having a mentor definitely helps.

 

[cherry123]

It is always good to have a mentor because mentorship In business will help you to have a good direction to drive your business better.

 

[relcap23]

As someone who is always intrigued and interested in the idea of starting and running their own business, I want to ask the community at RIF, especially those with experience in this field - how should a person with no prior experience, start up their business in the most sustainable way? All your replies will be greatly appreciated!

The most basic is what is it that you think you will enjoy doing. If you decide on a food business you must know something about food and at least you must know how to cook. If you decide on putting up a beauty salon you. must know something about beauty and cosmetics. There are a lot of type of business but. most important how. much. capital do you want to put as starting fund?.

 

[Shavkat]

"A good thinker can create a good business." It means that he or she needs to think what business is suitable for him or her. Then, he or she needs to research if it is really feasible or not.

 

[uptrendfinancialsignal]

Starting up a business is not difficult but making the business successful is very crucial and it needs a lot of hard work.