Many people are hesitant to start a business. They worry that the business is stuck in the middle of the road. Eventually many lost opportunities because they were too hesitant to start a business. Be aware, taking too many opportunities will slow you down. While making decisions too quickly without proper consideration, it will be difficult for you in the future.
Before deciding to capture existing business opportunities, you must be able to answer the following questions. These questions are made based on my experience in the business world since the days of students, until now.
For convenience, I group these questions into 5P:
Please answer the first and main questions. Who are the customers or people who are willing to pay for your product or service?
Is your customer's purchasing power adequate, so they are willing to pay the price you offer?
Is your product or service really needed by customers?
The product or service that you offer must be needed and needed by the customer. No matter how good you offer, if the customer is not willing to pay, then it has no meaning in the business world.
What are the advantages of the product or service that you offer?
Is your product or service able to answer your customer's anxiety and needs?
Is the product or service that you are offering difficult to copy by competitors?
The answers to these questions, will boost the competitiveness of your business and make it very strong in the future.
Don't you ever think like a super hero, everything can be solved by yourself. In the business world, you need support from various parties. Find the answers to the following questions:
Who is willing to do business and cooperate with you?
Who is someone who is willing to support and help you?
If you can answer the questions well above, now is the time for you to ask the question, "Where does your business capital come from?"
Don't expect to borrow or cooperate with a bank, if your business is just starting. Look for capital from the IMF (wife, father-in-law and family). For those of you who have a lot of relationships can certainly invite your friends to become financiers.
When starting a business, will you live a life of concern? Simple life is not humiliation. Avoid a luxurious lifestyle, even though your business is in need of money and attention.
Novice businessman, is not seen from "tongkrongannya" but seen from cash flow and readiness to face various challenges.
Well, if you are able to answer the above questions well, it's time you start a business right now. No need to postpone and don't have to ask lots of questions. Come on, start right away!
Greetings SuccessMulia! (By: Jamil Azzaini) Infaq Donation