Want to Be Entrepreneurs? Try This Method

Dec 26, 2014 | Posted by in Business, Business Plan, Business Tips | Comments Off

entrepreneurIf you are tired of being employees and preparing to be a businessman, then there is some advice from the magazine “Nation’s Business” which apparently needs to be listened to.

First, plan your salary and expenses for the next one to two years, then raise your estimate of about 50 percent.

Secondly, it is important to sell information – especially about your expertise – rather than a wide range of products. The cost of selling information is fairly inexpensive and more profitable. While products require tangible assets such as warehouses and distribution systems are usually quite expensive.

Third, start with a small amount of money and try to make money fast. Go to a place that you believe consumers will pay whatever you are selling.

Fourth, choose partners carefully. Make sure they are in line with your expertise, and no attitude or their background that could ruin your business.

Fifth, talk to other successful entrepreneurs, both inside and outside your field. Ask the five most important things they want to do differently.

Advantages of Having a Marketing Plan

Oct 10, 2013 | Posted by in Business, Business Plan, Business Tips, Marketing | Comments Off

marketing planThe marketing plan will benefit your business to the future so you need to take the time to realize the strategy. The marketing plan will save your business to keep your business income.

Your marketing plan should stay tuned and updated when needed. These are the five reasons that will help you get started creating a marketing plan.

1. You need to think about your business

The biggest advantage of taking the time to design a marketing plan that gives you time to think deeply about your business. Like what situation you are facing right now in terms of customers, marketing activities, and ROI? Who are your competitors today? Is there something going on in the industry that can change the way you do business? Do you know what your goals next week, next month, and next year? Without a plan you will not have a road map that shows you how to get the existing target.

2. A marketing plan organizes all your marketing objectives

The second advantage is the marketing plan organize all of your marketing activities. You know what you will do to market your business during a defined time period.

3. You know how and where to spend your marketing budget

By developing a marketing plan for all of your marketing initiatives, you will have to decide how and where you will carry out marketing activities. You’ll know what marketing tactics and will give you time to think about the money, time, and other resources needed. This ensures that you will not spend excessive budget.

4. Know when and where to start your marketing tactics

When you sit down to plan marketing, you will understand the details about when to start marketing. Understanding the industry or business cycle. Know when there are cycles busy and slow periods. While planning you understand the cycle and make a decision if you want to improve your marketing activities to generate sales in a quiet period.

5. A marketing plan helps to determine the expected ROI

Your marketing research to make sure that you know the return on investment that is required. You need to follow and analyze each campaign and put in place mechanisms to measure results against predetermined expectations.

Want to Succeed at Age 20 Years? It Tips

Sep 26, 2013 | Posted by in Business, Business Plan, Business Tips | Comments Off

entrepreneur20s is a crucial time in life. Some people in this age of first finding out what it means to be an adult. Are you still a student, recent graduate, living alone, or still with his parents, you can listen to some advice from others who already know how to survive in the real world.

In a survey, Users are asked to answer the question, “What can I do in the 20s that will benefit my future?”

The survey summarizes some of the best responses. Here are some things that should be done so that your 20s “bright”.

1. Learning to manage time

Without the structure of school, it’s up to you, start scheduling your days alone. Because, in the early 20’s age may be you will be busy starting a career, building a romantic life, on the other hand still want to have time for yourself. You must find a way to prioritize, and to face the demands of competition.  Agarwal suggest you experiment with different approaches until you find yourself the art of time management.

2. Reduce involvement with smartphone

Generation now growing with social media. Some of them may be too attached to their smartphones. Wake up, someone liked your picture on Facebook is not as important from what is happening around. If you live in the real world around, then you really can learn something, listen better, and can contribute to a conversation.

3. Make the trip as much as you can

Agarwal said, at the age of 20 you are mature enough to navigate the outside world alone. You also mature enough to learn from others. Doing journey will introduce you to the different cultures, and it will open your mind and way of thinking. In addition to their self-confidence and social skills, you will create memories that will last a lifetime.

4. Pursuing a passion, not money

In the early 20s, you may not have a spouse, children, and this bill was. Free yourself from the desire to reap huge salaries. Quoting Steve Jobs, Agarwal said, “If you do not like something, you are not going to work extra, extra work weekends, challenging the status quo”.

5. Know yourself

Use this period to find out what really drives you, what really scares you, strengths, your weaknesses. Understanding yourself will help you give you peace of mind, and set you up for success.

Stages It Mandatory Run Before You Run a Business

Sep 16, 2013 | Posted by in Business, Business Plan, Business Tips | Comments Off

steps successGood business requires a lot of preparation, ranging from capital to labor. Quite often an attempt to stop in the middle of the road due to lack of maturation of planning. To avoid this, follow the tips below.

1. Have good reason to start a business. When starting a business just as it went along, could you be bored run if the business does not sell anymore in the future.

2. Be aware that there will be a significant change in your life. But the more you commit to running this business, the stronger the foundation of the business.

3. Discuss with your husband about the family’s financial situation, if it is possible to start a business. If the husband agrees you run a business, but the capital is not enough, you can borrow from the other party, whether personal, bank, or community development agencies.

4. Perform a thorough survey. You so know what kind of business that are in demand, where to get the goods or change materials quality with low price, and others.

5. Choose the type of business that is on the rise today. You can easily find customers because the business is being sought after by many people. Try to keep your business still has its own uniqueness.

6. Create a mature business planning. This planning should be made in writing and in detail. This written plan you can also use as a condition of applying for loans to banks or other institutions.

7. Ask for input from those closest to family or friends. It is important to do because they are most familiar with yourself. In addition, their lives are also bound to be affected as a result of this business.

8. Do not hesitate to hire help. The more diverse skills accumulated, the easier it is to run a business. Make sure you choose the right person and can be trusted.

9. Specify the location of the business. This location should be convenient and tailored to the prospective customer. Even less strategic location, you can compensate by maximizing other aspects, such as marketing or service.

10. Find name that reflects your business. The name should be simple, but enough to attract attention. Do not make a name similar or even the same as a type of business that has been popular in order to avoid legal problems in the future.

11. Benefit internet. The Internet has become the most effective way to reach many people at once quickly.

12. First quality and cleanliness. During the second uphold this, your efforts will certainly last a long time.

13. Have backup plan. This backup plan just in case in case your efforts do not go according to expectations, not to lose the spirit. After creating a backup plan, you already know what to do business if you’re stuck.

10 Business Success Strategies

Aug 25, 2013 | Posted by in Business, Business Plan, Business Tips | Comments Off

business planWant to be independent and start your own business? It must be remembered that starting your own business is hard work and can be will take a long time until finally there is no income. Need good strategy so that your entrepreneurial efforts are successful, also minimize failures. Here are strategies compiled by Renee Martin, author of “The Risk Takers: 16 Women and Men Share Their Entrepreneurial Strategies for Success” of the successful entrepreneurs.

1. Looking for a special market untapped

Identify a specific market segment (niche market) are the main needs unmet by competitors. Wake up a specialization that you know the advantages of your company. Remember, that even a large and international companies could not satisfy everyone. Many special markets are often not explored because it was considered too small.

2. Sensitive to the latest trends bold start

Find the latest needs and desires of the growing consumer trend of change in terms of cultural, economic, technological signals into new market opportunities. Act quickly, do not delay too long.

3. Do it!

Stop making excuses. Time most “perfect” for launching a business can never be predicted accurately and surely. Do not let the prospective competitors steal the actual start of business can you start first. Start moving. Create a short goals and deadlines that brings you closer to opening a new business area.

4. Avoid words that discourage

Ignore those who say “That’s not going to work” or “It will not be successful if you do it that way”. Once in a while, away from the assumption that lowers morale and standard rules can help you to achieve success. Watch and learn how successful businessmen in their field with a critical view. Learn how they work and the program that they do. Ask the questions “what if” in your mind.

5. Explore competitors weaknesses

Take a critical view of your competition from the consumer perspective. Listen carefully to the needs and complaints of prospective consumers when making telephone sales. This will help identify shortcomings and weaknesses of competitors. Look for ways to cover the lack of services and products of your own, then repair it.

6. Fill in the blanks

Focus your gaze on the forgotten area covered by your competition. Learn how to anticipate new area that you can fill it with any service or can position your business ahead of your competitors.

7. Karma with minimal funds

Think of ways to make it more known with minimum funds. Do not shut yourself, be creative, ventured to the more familiar to many people (but for a good reason). Exchange ideas with those closest to you.

8. Believe ability to self

Wake up and learn to use the power of your intuition. Listen to your heart. There will be times when you have to choose to play it safe or play it reckless to face business challenges. People around you also provide diverse input, so that you can trust only yourself and your heart.

9. Do not let difficulties or failures beat you

Do not let the limitations created by others or circumstances that make you weak pinning. Many entrepreneurs who close their businesses because they do not believe in yourself. As an entrepreneur, you will face times of stress that will test your confidence. Remember, that tool to repel anxiety it is the persistence and resilience. Believe in your business concept and commitment to yourself to see this business succeed.

10. Do not stop innovating

Continuously, look for new ways to introduce new products and services for your regular consumers and new markets that you encounter. Complacency is something that can harm your company. Adjust your business with market trends.

5 Steps to Successful Business Presentations

Aug 14, 2013 | Posted by in Business, Business Plan, Business Tips | Comments Off

presentationsPresentation is very important for business partners or customers romance potential you. To deliver a presentation does take some skill, ranging from how to speak in public to create the message to be well received.

Here are some steps you can follow to make your business presentation smoothly:

Good preparation

The main rule of a good presentation is good preparation. You must know thoroughly about the presentation materials will be delivered, do not there is a gap that you do not know. The more you learn the presentation, then you will get a professional look when present it.

Make sure all equipment is ready

When making a presentation, you’ll want to make a copy of the presentation which is then distributed to the participants of the presentation. Make sure also equipment such as laptops and in-focus is ready so that the presentation is not disturbed by things like unpreparedness equipment.

Note the appearance

You will stand in front of many people during the presentation, because it becomes important to your appearance. Create your appearance shows up as professionally as possible with formal dress. In addition, when talking, make sure you make eye contact with the participants and talk with regularly or in a slow tempo. Usually in a state of nervous you will tend to talk too fast that eventually the presentation will be difficult to understand.

Provide appropriate illustrations

Do not make the participants bored with a lot of writing in your presentation slides. Try entering supporter pictures more interesting, for example, when giving a presentation about the data give the pie chart image or trunk. But do not also provide images or information that is not related to your presentation and out of context because it will confuse the participants.

Hold a question and answer session

At the end of the interview, always give time for questions. Your ability to answer questions also will demonstrate your knowledge about the topics presented at the same time the ability to hear well. Avoid conflict or argue with the participants, try to always be calm and compromise when there is a problem.