What do you need to succeed in business? Experts say that you need to have loads of persistence, passion, and hard work – and yes, luck. But there’s really no single winning formula that can guarantee the success of your business. You have just to do it, and do it right. Here’s Part 2 of 25 tips on what a startup entrepreneur needs to do to increase chances for success.
50 Mistakes to Avoid When Starting a Business
Starting a business is not easy. If you are going to survive and be a long-term success in business, then you need to be aware of the most common mistakes and pitfalls that can ruin your best-laid plans. Here are 50 common mistakes to avoid when starting a business.
10 Marketing Basics for Your Home Business
If you want your business to thrive and grow, you need to be actively marketing the business. To really become successful, you must integrate your marketing plan into your daily, weekly, and monthly to-do list. Here are 10 general marketing strategies that you need to be doing to reach your target markets and grow your business.
Understand the Business First
It is ok to get excited about starting a business. But before heading out to the printer to make your business cards or announce to everyone that you’re starting a business, your first step should be to understand the business that you want to start.
SMBs Unsure of Impact of Social Networking in Reaching Customers
Majority of small business owners, according to the survey results, are not yet convinced that social media plays a large role in gaining customers. According to a survey conducted by RatePoint, only 36 percent of small business entrepreneurs are using sites like Facebook and Twitter. Are you one of them?
Starting a T-Shirt Design Online Store
A reader is thinking of starting an online store that offers customized printing of t-shirts. Check out the advice we gave her on how to proceed to make her dream a reality – from asking the business questionse to set her business on the right track to choosing the web development partners she needs to create the website.
Learning Innovation Secrets from Steve Jobs
When you think of innovation, the first person that comes to mind is Apple’s CEO and co-founder, Steve Jobs. With Jobs at the helm, Apple has revolutionized the computer, mobile telephone, music distribution and even the book publishing industries with products such as the Mac, iPod, iPhone and the iPad. Learn the principles that drive the innovation process in Steve Jobs.
Finding an Investor for a Startup Small Business
For a new company, it is realistically hard to find an investor that will provide you with the capital that you need to grow. Below are some steps to taken when looking for an investor to finance your startup.
Nurture Your Business Relationships
Mutually beneficial partnerships can be important to get things done, achieve your goals and grow your business. Thus, it is important that you nurture and protect these relationships.
Are You Ready to Handle the Financial Risks of Starting a Business?
Whatever method you may choose to raise the capital your business needs, deciding to start a business means embracing all the risks that go with the process – even the possibility of losing every penny you put into the business. What are you doing to minimize your risks and manage the financials of your business?