Saving, investing and making money with technology

Tag: small business

Tips for the First-Time Business Owner

You know being an entrepreneur doesn’t mean you have to go it alone. Most successful business owners will tell you they could not have accomplished their goals without help–from a mentor, colleague, even mom and dad. For many, their ability to evaluate, internalize and act on the counsel they received was instrumental in getting their companies off the ground. In an effort to tap some of this wisdom, we called on business gurus to tell us the very best piece of advice they’ve received. From hiring to philanthropy and more,  their responses were as varied as the companies they run.  The integration of self-service is called embedded bi with the tools commonly used in business applications. BI tools support an enhanced user experience with visualization, real-time analytics and interactive reporting.

And this was the mantra he adhered to when he decided to get his master’s degree at NYU’s Interactive Telecommunications Program instead of going for an MBA. It was also behind his launch of social networking companies Dodgeball (which he sold to Google in 2005) and Foursquare, and his decision this past May to launch Swarm, an app that will unbundle the check-ins and other social media functions from Foursquare. (Foursquare will focus on helping users discover restaurants and other venues.)

Photo of a creative business team busy at a meeting

Finance What Your Business Needs, When You Need It

I believe there are far too few resources directly addressing the nonacademic trials and tribulations young entrepreneurs face along their journey. Whenever possible, I encourage up-and-comers and established entrepreneurs to mentor the next generation of dream-seekers; for it is this insight and insider education that will provide the foundation for the entrepreneurs of tomorrow. With that, here are 10 pieces of advice that I wish someone had given to me before I launched my first venture.

And also the path to success isn’t always straight. There are often bumps and turns and forks in the road. But a little bit of guidance can help you find your way.In fact, many of the most successful leaders are where they are today because they took advice from people they trusted. Here we’ve compiled some of the best tips that executives have shared throughout the years.

Business group portrait – Six business people working together. A diverse work group.

Helping Small Business Owners Launch + Grow

Traditional business advice isn’t always best served to small business owners. Don’t agree? Just ask any entrepreneur and you’ll likely find that what has worked for them doesn’t mimic the advice their large, big-box competitors may have followed. Keeping this in mind, consider the following tips aimed specifically at small businesses.

You know the best advice to a small business owner… is never stop thinking about how to delight your customer. Not to satisfy your customer, but to delight your customer. And when you wake up in the morning, start thinking about it. During the day, think about it. At night, think about it. And then dream about it.

During early days of starting a small business it can be very exciting… but also a bit daunting. When you’re a beginner trying to get your first entrepreneurial venture off the ground, it can help to have some expert perspective in your corner. Here are some tips and insights from members of the online small business community specifically geared toward beginners and new businesses.

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How to Make Money Fast on the Internet for Business Start Up

INTRODUCTION

Knowledge is power. The truth in that saying has stood the test of time over the years. When you are armed with knowledge power, you will be ahead of your contemporaries in any endeavor in life. When we take a look at the activities in our world today; the revelation is that close to 99% of people go to work every day; they do one thing: Trading their time for money. The people in this category never achieve their life time ambitions. There are the few who are in the known. They control their financial destiny from the comfort of their homes. They are the internet gurus. Welcome to: The world of money making on the internet for business startup.

DEFINITION

Even small business has a space for accommodation on the internet. The world is a global village and everything has gone digital. For those who want to make money fast; the internet provides the solution. The economy is taking a turn for the worse; where dreams are left unfulfilled. There are many people out there in search of money to start their own business and their efforts in that direction is not yielding desired results. A simple knowledge of how things work out on the internet in terms of money making is what you need to realize your business dreams; you can earn money fast on the internet, but you need to take some steps.

The following are the simple blueprint you will need to make the headway online that will open the legitimate doors for you which will ultimately make you rich.

  • CONCIEVE A BUSINESS IDEA AND GET ON THE WEB

Nothing will happen in the physical sense of the word if the idea cannot be conceived in the heart. Think of a business plan; something you have great passion for. When you are done with that, the next line of actions is the legitimate pursuit of the action plans that will rake in the needed finances to execute such projects.  The action spot now is the website for any business that wants visibility and the attendant inflow of traffic that translates into financial fortunes. You will need a simple website such as the one created for pennies. The main priority on this web is purely an advert of your person and what you stand for in business. No financial involvements required here; the template is there for you free of charge; what is required is knowledge of the internet; that is the power you need to acquire to gain some measure of global visibility.

  • SOW SOME SEEDS

A farmer that plants seedlings expects a commensurate harvest at the end of each harvest season. Likewise you have to sow in seed this time by offering people free services. This will attract people to your site. How do l get the people? Can l hear you asking the question? It is very simple in this era of Instagram; face book, blogs and many more. We talked about passion in the opening lines of this article; if the passion for the business is actually in place, then you can begin building your pool within the circle of friends; family and close associates. Remember, what you are offering at this stage is free stuff; there are tons of free materials on the internet that people do not know about which you can access and pass on. The joker here is; make sure you get their email address in exchange for your free gift. That is all at this stage.

  • IT IS TIME TO MAKE THE GAINS

At this level, you have come a long way along the line. You have invested your expertise as well as your valuable time into the set up. By virtue of your brilliance, you have built some measure of goodwill around your personality. You have sown the marketing seed via the internet of things; it is now time to make the desired gains.

Though many people got it up to this level; they fail in the final and most crucial aspect of the business plan. It is important to making money on the internet. Have you heard of the word sales letter? That is the magic wand that will take your business to Eldorado. A perfectly crafted sales letter will reap in the desired dividends. Get the right words together in such a way that anyone that comes across such will have no choice than place an order for your product or service.

With your sales letter that says it all beautifully about your product; introduce your brand to those on your list via their email. The orders will now begin to come in since you have their goodwill secured. You can now earn money fast. You are sure of making on the internet.

CONCLUSION

Business is faster on the internet. Belief you me, you stand to make money fast on the internet. The rules are simple; they are no bigger than it has been exposed in this tutorial.

Cheers to your online business success.

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Customization of Your Small Business with Regard to Strategy is the Key to Business Success

Entrepreneurs everywhere ask the question: How Do I Make My Business a Success? The place to begin this process of thought is in way of a customized strategy: a plan of action–if you will. This I not difficult to achieve when implementing the strategies and tips provided below. Start your plan of action today.

1–The first and foremost requirement which the small business must follow in order to attain overall success is quite simply to establish a value proposition. The way to do it is simple enough. The entrepreneur asks him or herself the relative question: Why should customers do business with me? The answer, when the entrepreneur is clearly focused on the intent of the business enterprise is easy enough to answer. In example, let us assume you are in business operating a whole foods store. So who is your audience? Obviously, the audience is one that wishes to eat delightful, tasty foods; however, wishes to remain healthy when so doing. The answer, then, is the customer is one who wishes to attain a healthy meal–that is, if your establishment is a restaurant. In way of another scenario, the customer wishes to purchase healthful, organic foods, if your operation is a small grocery store. The entrepreneur who runs a discount retail operation wishes to provide his customer with a price-point that is lower or within the customer’s frugal budget. The discounter wishes to assure his customer is provided with a value-driven product, at the lowest possible point.

2–The second consideration, which was answered within item one above is: Who is the customer? In example one, the customer is someone seeking healthy food choices. In the second example, the customer is an individual wishing to attain the best bargain for his hard-earned money. If the customer is seeking certain materials; and your company is a manufacturing facility, as opposed to a retailer, then the client is someone wishing to make use of dependable raw materials or purchase appropriate parts for something that is being produced or assembled. The second area to address then is: Who is the customer? This second area of focus is generally integrated within the answer, with regard to the value proposition.

3–What indicators show that your business is achieving growth? In regard to the preceding thought, it is important to recognize where your business is attaining the greatest benefit: and focus your energies toward that particular area. In example, if your business is showing a great deal of interest, from folks, in another part of the world, perhaps, it is best to set your focus on those countries and those industries. Much is determined where your business growth is escalating at its optimum level. Too: demographics play an important role. If your business is conducive to the concept of a certain health component–and a certain age group or gender, is taking advantage of that component, it may be essential to place a greater emphasis on that particular demographic.

4–It is alright to compare an orange to an orange. The preceding means it is quite alright to look at the competition, in way of determining where they are succeeding and where you are failing forward. In recognizing what is working for the competition, you may be able to tweak your business agenda, somewhat, in order to move past any complexities.

5–Many entrepreneurs take a great deal of time focusing on areas where they are weak. Why do this? It makes much more sense to focus on strengths–and then weaknesses can be addressed later. In example, if you were trying to find the right person for a job: Would you deliberately pick someone who you know would fail at the intended assignment? Thus, the idea of finding the right person for the job is the best approach. The entrepreneur who places emphasis on his strengths, can wisely place his energies within those unique areas.

In order to attain more beneficial information, with regard to small business growth strategies, the following links are suggested:

https://www.entrepreneur.com/article/240853

6 Small Business Marketing Growth Strategies for 2017

www.inc.com/guides/small-business-growth-strategies.html

 

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