How many of you want to be an entrepreneur but don’t know where to begin? Starting up your own business is not easy, but neither is it rocket science. Here are some tips that may help you:
Narrow in on that one idea:
You need an idea, just one, well-researched, idea. It doesn’t have to be unique, it just has to be something that you are passionate about, and that you know there is a market for.
Be clear on your target audience:
The more niche your audience is, the better you will be able to cater to their needs.
Don’t quit your job:
You really don’t need to quit your job. Make time for it, when you see there is need to quit your day job, only then consider it.
Don’t invest all your money:
You will be surprised how little capital investment you need to get going. Budget wisely but be prepared to take some risks.
Read about successful entrepreneurs:
You can learn a tremendous amount by just reading what successful businessmen have done, what they have learnt and how that learning can be applied to you.
Some books worth reading:
–Screw It, Let’s Do It: Lessons In Life
–Forbes greatest business stories of all time
–Great businesses and minds behind them
Your enterprise does not need to be high-risk: Start small, be willing to lose the money you have invested; do your research but trust your instincts too.
Kabir Mulchandani
Skai Holdings