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Wednesday, July 27, 2011

Yourself to be an Entrepreneur

Entrepreneurship is not a rocket science and neither is it just luck. A proper approach, plenty of patience and a lot of search is required to build a great startup. Certain steps mentioned below can help you come up with great ideas and a strong business foundation.


Pre-Idea

Reading blogs and articles about startups and entrepreneurship is a must for you. Its better to learn from others mistake then to create one for own and incur a heavy loss. Learn the survival skills of such startup companies who faced crisis in their initial stage of operations. Join various blogs to ask questions to build knowledge and reputation. You can even start following people in the startup space through social media and engage in conversations with them. Try to attend startup events, keep networking and find a suitable co-founder to build a killer team.

Ideating

From the information collected from the previous step, build a list of the prospective ideas, which you feel, will work for you and brainstorm to finalize on the idea you are passionate about. Keep on enhancing your skill sets for the same. You can even leverage various startups events to get track of new and innovative ideas.



Before finalizing on any idea, keep track for the various government rules and regulations and the various licenses required to kick start your company and entrepreneurship. The name of the company is the first picture that you are going to present in the market. It should be unique and easy to pronounce. But before zeroing on the name, search of domain availability and google search results for the potential brand name.


Implementation

It is the time to get your hands dirty. Start on with the chapters as per your plan, but remember to be flexible to adapt changes as and when required. Sticking to a particular

theory may lead to various issues which might be dangerous for your brain child. Register your domain and create a webpage that will provide a better and detailed picture of you and your company.

Kick Start the Marketing Tool

To catch hold of more eyes, list your startup in free listing places with good and attractive logo for your company. The business card is one of the best way to m

arket you and your company. Get a creative business card and use the back of the card to make a creative two line pitch for your startup. Today social networking sites are one of the best marketing tools. Try to make the maximum use of it to expand your consumer base and fan following. Start blogging about your business and provide with the latest update and talks about your startup.

Expansion

Keep expanding your business as and when required. If you started as a sole proprietor and now your company needs a partner, don't hesitate to do so. This will bring an additional brain to tackle the pressure and will provide you with great, new and innovative ideas. Ya, you may need to part of from a portion of your profit, but never step back for this. May be his valuable ideas might work miracle. Keep on adding valuable employees for worth-full expansion.

Consumers are an integral part of your business. Don't forget to satisfy them and get a feed back for improvements. Come up with better loyalty programs. And last but not the least, make proper use of the free marketing tool for expansion, "Word of Mouth". It will pay you greater returns.


Never Never Never Ever Give-Up


Watch this video as many times as you want or when ever required.

Never Never Never Ever Give-Up



Content extracted from various web media network

Thanks & Regards,
S.Grace Paul Regan

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