Post
Topic
Board Economics
Re: Essentials to starting A business
by
Silberman
on 15/04/2023, 18:32:12 UTC

A team: You may need to hire employees, contractors, or consultants to help you run your business. Make sure you have a plan for finding and retaining the best talent.


While talking about the teams so I think that if a person is doing an online business then there is no need of having an employ or helper but in the case of investment you have to gather information related to coin but it also don't have any need of employ so you can easily get the idea from YouTube and groups.
Yes, I agree with you, starting a business doesn't have to start with forming a team because that will incur costs that will be incurred, especially if we can do the business ourselves, unless it's a big business that requires a team to do it. But if our business becomes big and we can't do it alone then we have to form a team.
Maybe I'll add one more thing in starting a business, namely determination and intention. Because if our intentions and determination are only half and half (doubtful) it will make our business not go well. After we take a step then never pull our feet and come back.
One of the  most important factors which determine the success of a business or not at the early stages is the appropriate use of the limited capital you have at the moment, and hiring a team at such an early stage is a mistake, you need to make do with your abilities and learn whatever you do not know, only once the business has become incredibly successful and its size has increased several times then you can consider the use of a team to help you out on your daily activities.