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starting an online business for dummies

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starting an online business for dummies - Today, I will be disclosing to you the in-depth approach it takes
to start up a business successfully from scratch even if you have no
money. This approach is called the "Entrepreneurial process to creating a
business" This is the same approach used by successful entrepreneurs to
build business empires that outlive them. Entrepreneurship is like
embarking on a journey; it is not a destination. No successful business
was created overnight; they all went through a process and it's this
process I want to reveal to you today. Now before I tell you what it
takes to create a successful business, I believe it's worthwhile I tell
you that not all who begin the process of starting a business will end
it. Unfortunately, this is the harsh reality. Now how do you create a
business from scratch and succeed, even without money?How to Create a Business from Scratch and Succeed1. Make up your mind to become an entrepreneurThe
process to creating a business usually begins with a decision or a
pattern of thinking. Before deciding to go into business for yourself,
you must first have a strong reason for wanting to start a business.
Have you ever asked yourself the following questions?Why can't I be my own boss?I am tired of this 9-5 job?I work so hard but my boss doesn't recognize me.Why am I working for my boss when I can go out on my own?I am gifted, why can't I make money with my gift?The
moment you start to think over these questions, you have unconsciously
began the process of creating a business. And once you decide to give
your idea a go; once you decide to follow your instinct, you have taken a
bold step.2. Write a business planOnce you have made up
your mind to become an entrepreneur, the next step is to write a
business plan around your idea. In this stage, I will advise you take
your time to fantasize, scheme and plot. Envision yourself being in
control. Analyze the possibilities of your business idea and note your
strengths, weaknesses, oppositions and threats. Most people are of the
opinion that you don't need a business plan to start a business but I
think you do and I am saying this from personal experience.3. Get the necessary education and experienceIn
the process of making initial preparations to launch your business, you
are sure to make mistakes. At this stage; you will start to see reasons
why creating a business is not for you. Your mind will begin to see
reasons why having a job is important to your survival. You are also
bound to face disappointments that will almost make you quit the
process.The heartbreaking news is that most entrepreneurs do not
go pass this stage; their ideas usually die at this point due to loss of
enthusiasm. I have observed entrepreneurs with good business plans;
give up on the process of creating a business just because no one wants
to fund their idea. I have come across entrepreneurs that modify their
plan, year in year out; because they are afraid of failing.That's
why I always insist my protégés start the process of building a
business; no matter how small or unprepared he or she is. I encourage
them to do this so that they can master the art of making and learning
from mistakes. You should do the same for yourself.4. Create your BusinessMany
entrepreneurs with brilliant ideas and sound business plans never make
it to this stage. They plan, scheme and fantasize but they fail to act
on their ideas. If you can take a bold step and launch your business off
the planning board; you have separated yourself from the multitudes of
dreamers.5. Keep the business goingLaunching a business is
just the starting point of the game; keeping your business afloat is
the real test. This is the point where you do all it takes to stay in
business. To create a really successful business, you will need to
effectively deal with competition, find customers, manage critical
business problems, pay several recurrent bills, handle employees and so
on. This is the point where the pressure of managing a business gets
worst.6. Make more mistakes and learnThis is the point
where many startups go under. This challenge of this period is the basis
why 99% of all small business startup crash in their initial five
years. At this stage, you are bound to make stupid business decisions
that may lead to loss of cash, customers or important employees. This is
the stage where you start regretting why you ever created a business.
If you are not strong willed, you will forego the vision of building
your own business.When you get to this cross roads, what I
usually advice is to find fresh answers. Assess yourself to see the
essential entrepreneurial skills you are lacking. Attend seminars, read
books on business and entrepreneurship, sought the advice a business
mentor or form strategic alliances.7. Be persistentAfter
finding the answers you need, you now have to apply the answers found on
your business. You have to take the bull by the horn and never call it
quit. Sticking to the process of creating a successful business is
definitely not a piece of cake. It requires effort, patience, resources
and commitment. The good news is that if you can be persistent to the
course of building a business; you will end up with the business of your
dreams.8. Create a successful businessIf you stay on
course without giving up, you will end up having the business of your
dreams in your hands. At this point, your business may no longer need
your presence and your absence will never hinder its growth. This is
where you commemorate your accomplishment. At this point, you can decide
to sell your business, exit or stick with it. But regardless of the
decision you take, the cash will keep flowing in.9. Count your wins or lossesIf
you can diligently follow step one to eight of this guide, you will
surely come to this point. This is where you ponder over the process you
went through to build a business; the business problems you encountered
and solved, the business ventures you won or lost and the failures you
experienced. This is where you tell your tale of success or failure with
others; this where you conclude if the entrepreneurial process was
really worth undertaking.10. Retire or replicate your successThis
is the final stage of the entrepreneurial process. Less than 20% of all
entrepreneurs that began the process get to this phase. At this stage,
you are successful and can decide if to call it a day or repeat the
process of creating a business. I said retire or repeat the process
because I have seen entrepreneurs who begin the game all over again even
after creating a successful business. Others will retire but return to
start the process again because of the challenges and excitement
involved. So whatsoever decision you reach, it is left for you.In
conclusion, these are the ten steps it takes to create a business from
scratch; these are the exact steps I followed to get to where I am
today. This process may take a year, two years, five years or 20 years
but it surely has an end. And bear in mind that not all who began this
process makes it to the end but if I can create a business from scratch
starting with no money; you too can. Will you make it to the end of the
process? Only you can choose your fate. in other to actually create a blog or website that will do well in search will need a keyword generator software to help you.find number recommended choice above url. thank you for reading.
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7/22/2014 8:32:42 AM UTC