My Suggestion 10 Business Tips For New Entrepreneurs In 2016

[Muhammad Rizwan]

Starting up a new business is one of the most difficult and time taking the task. Many people are fond of starting their own business. However, when they came to know about the ups and downs and complexity in starting up a business, most of them lose heart at that time. In this article. I will provide effective tips for starting up a new business. These 10 business tips are very useful for new entrepreneurs.

What is Entrepreneurship?
It can be defined as” The strategy for building up a business from group to up level and profitable business”. It consists of all steps necessary for starting up a new business and making it a profitable one. It seems to be an easy process, isn’t it? However, entrepreneurship is much more complicated in nature. It is the journey towards the success of an entrepreneur. This includes exploring various processes and includes a lot of risks. It’s not just exploring a new idea, rather we have to go through planning everything in the start. Now let’s focus on our topic and below, I have shared some important business tips for an entrepreneur.

1. Interest is Key: Starting up a new business requires a lot of efforts and takes time too. You will have to invest a lot of time, in order to be successful in future. So you should always remain under your own interest. Don’t try to start a business, you don’t have any idea about it. If you start a business for your favourite activity, whether it’s designing and printing, pottery development, etc. Do whatever you are good at and can spend a lot of time, without getting bored of your work.
2. Focus on Your Goals: You will face a lot of difficulties while you are working as an entrepreneur. You have to focus on your goals properly. Don’t do anything that distracts you from your mission.
3. It will Eat you If you are Alone: A single person can’t start up a business properly at his/her own. Getting help from a friend or family member is very useful. Don’t hesitate to discuss your ideas with a family member, or with a person whom you trust more. If you can afford then join some business training programs and get ideas from there.
4. Jack of All Trades is Not the Case Here: Almost all people in this world, have their own specializations in a specific field. Some people are good at graphics designing, some like sketching, some are good at crafting, and some are good at marketing, etc. Therefore, a person must not try to learn everything. Remain under your own interest and gain knowledge about it.
5. How will you get customers? The main reason for starting up a new business is to earn money by it. However, in order to make some revenue from a business, we need to have a customer who buys our products. Do You need to decide in the start, how you will be getting customers? is your product good enough to get customers? will you make a profit or not? Ask all these questions from yourself.
   
6. Don’t Shy to Getting Advice: Every field has competition and even after starting a business, no one can guarantee you will get success. Hence, a person must take help from experts at this field. These people are happy to help newbies in this field. Therefore don’t hesitate to contact an expert, regarding your problems.
7. Financing is Really a Problem: A lot of business fail to get success, due to lack of financial activities. Many people don’t have enough funds to invest in the business after starting it up. Don’t invest in useless activities and waste your money. Manage your cash being flowed towards the wrong side. Analyze it properly and make a financial plan to go along with the business.
   
8. Don’t Trust Online Business Plans: Many people online offer a pre-built business plan. They claim that their business plan works for all business. This is not true all the time. No one can predict the future. Maybe the plan is working but for a few people. Who knows it will work for you or not? So don’t waste your time on them.
9. Don’t be Cruel Towards Your Health: Now this one is much more effective in the progress of a business. You are the one who will take it to success. So don’t take too much stress, take proper care of your health. If you became sick at a certain time, it will ruin up your business planning at all.
10. Don’t give up too early: I am not saying this to discourage you, but to encourage you towards your goals. There are a lot of chances that your business idea is not going to get good results in the beginning. But that’s 4 out of 10 cases that appear to have this behaviour. Many people lose heart from their business and leave it. It may also be due to the false advice of people. Don’t take them seriously and believe upon yourself. No business is going to be in a loss at all. If you do it well, you will get awesome results. This is the best quality an entrepreneur must have for sure.

That’s all I have to discuss, for now, I am sure this guide will be of great use for all new entrepreneurs. Just follow the above tips and you will get success.

 

[jazzvaga]

Eat up the procrastination & your habit of thinking too much, they are important factors while someone starts up a new thing or already into something that requires lot of efforts.

 

[Muhammad Rizwan]

Eat up the procrastination & your habit of thinking too much, they are important factors while someone starts up a new thing or already into something that requires lot of efforts.

Thinking too much is not a bad habit at all my friend. It's rather effective for good business planning strategy. Many new entrepreneurs fail to succeed, just due to lack of this habit. If a person doesn't pays proper attention to planning and discussion of ideas, He/She can't make it to a level of success.

After proper planning of a business plan or idea. One can easily invest some time and put lots of efforts in the business plan. Because after planning an entrepreneur is confident about himself. Hence, it is more easy for him/her to make the business profitable.

 

[jazzvaga]

Planning & thinking, both are 2 different things while putting up a business.

I run 3 businesses & for sure, if i kept thinking all the time, the number would have not reached even 1.

Making sure you take strict steps to move ahead. Not easy to become entrepreneur just by saying, it takes time to chase all the competition & fight with all the ups/downs in market.

 

[Muhammad Rizwan]

Planning & thinking, both are 2 different things while putting up a business.

I run 3 businesses & for sure, if i kept thinking all the time, the number would have not reached even 1.

Making sure you take strict steps to move ahead. Not easy to become entrepreneur just by saying, it takes time to chase all the competition & fight with all the ups/downs in market.

I think you are confused with these two terms my friend. I agree that thinking and planning are two different terms. They have different meanings in nature too. However, let me tell you that thinking means to use our mind and take a proper decision of certain problem. On the other hand, business planning includes discussion and thinking of every step in beginning. Therefore, we can say that planning includes thinking. We can't make a plan without thinking about it. Just give it a focus, can you make a plan without using your thoughts? It's an impossible task because without using our mind for thinking about a certain problem, we can't do anything further.

I hope now you will be clear up with these two terms and will not consider them opposite of each other. I am also very glad to hear that you are owner of three businesses. I hope you will get success always in your businesses.

 

[cheezcarls]

This is such an excellent thread for those who wanted to start their career as entrepreneurs. Focus is one thing that really matters, and we should avoid distractions because it only waste our time in doing business. This is another tip that I have missed when doing business, and that is to seek advice from someone who is experienced. Good thing my friend is an experienced online businessman, so I seek some tips to him and have learned a lot. I also learned that we don't do this too much because it might affect our health. I have anxiety and nerve disorder, so I was experiencing abnormalities in my inner body when I stressed too much. Great thread @Muhammad Rizwan.

 

[amultani]

Focusing on your goal is essential to make the progress. Keeping an eye on the purposes, you are looking to achieve would help better.

 

[Muhammad Rizwan]

This is such an excellent thread for those who wanted to start their career as entrepreneurs. Focus is one thing that really matters, and we should avoid distractions because it only waste our time in doing business. This is another tip that I have missed when doing business, and that is to seek advice from someone who is experienced. Good thing my friend is an experienced online businessman, so I seek some tips to him and have learned a lot. I also learned that we don't do this too much because it might affect our health. I have anxiety and nerve disorder, so I was experiencing abnormalities in my inner body when I stressed too much. Great thread @Muhammad Rizwan.

Glad to hear that you are up to on starting up as an entrepreneur. I will advice you that you should consult your friend. He will surely guide you and help you again success in your business.

Focusing on your goal is essential to make the progress. Keeping an eye on the purposes, you are looking to achieve would help better.

Yes! This is an important factor of an entrepreneur journey. The first thing that should be done is setting up a goal. After that one can understand the steps and factors that require focus. Then He/She can easily manage the business planning. Also there will be a continuous effort made by the entrepreneur, for achieving that particular goal.

 

[Renren]

When thinking about business, we always think about the customers. We always think what does the customer want, and what do they need. Starting up a business is really hard. It is like gambling, because you don't know, if it will succeed or it will go down. The hardest part is taking the courage to start the business up. That is where the real deal starts. In order to have customers, I think you should have a survey first.

 

[masterbusiness]

This is a detailed material for those who want to make a good business. As what I always suggest to enthusiasts, always focus on one thing that you are also passionate about to make the experience enjoyable and profitable.