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How to start a business?

Entrepreneurial methods: goal clarity, project selection, location, numbers, one step, create value, life planning. Specifically as follows

1, goal clarity

Many young entrepreneurs may have 10 good business ideas, but entrepreneurs should only focus on one of them. Entrepreneurs should not be like Jack? Jack Kerouac (America's Beat Generation) style of work as random, and do not easily shift attention from one goal to another.

2, project selection

Choose a personal interest or specialize in the project, the market consumption is more frequent or purchase frequency is relatively high, the cost of investment is low, the risk of less, customer awareness is higher, you can first choose the network business (free) (open store) and then enter the entity entrepreneurial projects, livelihood industry for entrepreneurship. Choose the education industry for entrepreneurship, choose to join the project, choose the emerging blue ocean project, choose the project that can be started at home.

3, location

Location is not only important only for real estate. If the entrepreneur wants the target customers to quickly learn about the existence of the company, then the location of the company has to be chosen in an area that is relevant to the customer base. If the entrepreneur runs an outdoor products company, then locating the company in Tennessee is a natural fit.

4. Numbers

If the entrepreneur is about to spend weeks writing a business plan, I don't think that's really necessary. A business plan should be more of a data-detailed table than a manuscript made up of words. Calculating relevant business data is far more important than stating how you will utilize social media, all of which will change over time.

5. One step at a time

Don't think about shortcuts. For example, you can't hire inexperienced graphic designers just because they are underpaid. When they submit a graphic design that's a mess, you'll have to find someone to redo the work all over again, and paying double for one job as a result, not to mention the time wasted as a result.

6. Creating value

Startups hire employees who not only meet the competency requirements of the job, but also create added value for the company. The most critical early stage of the business, capable entrepreneurs will not always consider savings in hiring.

7, life planning

Entrepreneurs should divide their personal finances and company finances to manage. Before you start your business, make sure that your personal life will not be a problem, otherwise it will be difficult for you to succeed. Entrepreneurs can take loans to address the need for company working capital. Starting a business is about living a better life, and living is not about starting a better business.

Entrepreneurship is the process by which an entrepreneur optimizes and integrates the resources he or she possesses or is able to possess through his or her efforts to create greater economic or social value. Entrepreneurship is an act of thinking, reasoning, and judgment that requires the entrepreneur to organize and manage operations, and to use services, technology, and instrumental operations.

Expanded Information:

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1, active use of existing resources

Can not be misuse of resources, working bosses can not be confused with personal business and unit business, not to mention the eating out, profit-oriented, or not only to risk the moral risk, but also likely to be sanctioned by the law. On their own turf, time, money and talent are at their disposal. But if one messes around, one's business reverses and goes down the drain.

2, meticulous preparation is essential

Entrepreneurship is a huge project, involving financing, options, site selection, marketing and many other aspects, so before the staff start a business, it must be meticulous preparation. Through a variety of channels to enhance the basic knowledge in this area; according to their own actual situation to choose the right business project, a good start for entrepreneurship; write a detailed business plan.

Baidu Encyclopedia - Entrepreneurship