Post
Topic
Board Economics
Re: New business idea.
by
nara1892
on 18/12/2023, 00:28:50 UTC
Before starting a business, what you must instill in yourself is to have a strong intention and determination to advance your business consistently. And apart from that, you also have to have a good strategy to be able to compete and you also have to have good quality goods and good marketing and affordable prices.
And most successful business people must be able to get through the first 3-5 years of struggle to start their business until it becomes big or advanced, and this must be thought about first. Especially capital, and other problems that will be faced and so on, you have to think about it and be ready to take risks not to give up.

The point is that everyone who wants to enter and compete in the business world then obviously the first thing they have to prepare and the most important thing is to have a strong mentality, good planning and good management, you will never know that there will always be competitors who are much stronger and who have more preparation than you, so of course they must have the things I mentioned and you mentioned too before finally getting involved in the business world. For the capital problem I think it is now less of a problem because obviously there are enough loan services that can provide you with capital as long as you are really very confident in the plan and the business you are going to build, but on the other hand I admit that it is better to use personal money because then you will not feel much pressure from the money you use.

True, although it looks long enough but I think it doesn't matter because it's a process to achieve success and success in running your business, there are always failures along the way but that's natural because you are undergoing a process, usually people will really fail when they are unable to withstand or face all the difficult processes in the business they build, and that is why some fail and some succeed, success is only for those who really want to struggle and try hard at all costs.