8 The Key To The Success Of The Phase And Start A Small Business

Small Businesses especially that almost no capital need endurance, extraordinary efforts. Far above the average efforts that have a large capital. However, efforts are useless when you one mentor so that the descent into everywhere to try without any direct, could not produce money and culminated in despair.

8 The Key To The Success Of The Phase And Start A Small Business


1 Examine, Copy and modify

When creating a business model, try to see around and search for an example of the success of the business model that you want and learn, observe, copy and modification. Need to keep in mind that all businesses there will be a model that have existed when you cannot find, whether you are a genius or business model you would not be successful in the real world.

2 looking for a Partner for sharing the risk

Even if it takes capital and try not to invest his own money. Because most of the business is a risky journey, moreover you have not understood correctly with the risk that later will happen, then seek a partner. So if they are not running all the plan, you would not go bankrupt because the fund's start-up, and not pursued the debt.

3 The price of the time, Convert money to

Convert the time you take to do business with money. Give value for money at the time you, for example, Rp20 thousand per hour. The aim is to help when you must take a decision: for example only a shop charge a fee of Rp10 thousand for delivery every week, and you take 2 hours to go to the store itself, then continue to pay the cost of send from the company, because cheaper. This is the basic principle of value.

4 Perform a maximum of the

Early stages of starting a business, you must be willing to work hard, overtime, forget personal advantages and health. As the beginner entrepreneurs, you would not be able to pay the employees, even if employees who cheap. So your employees are your own. The company is me!

5 Recruits Employees

If your business has already started to walk, do not show of force alone. Start to recruits employees with good. To complete the recruitment process carefully without being hasty. Search who have passion in the field. Employees are the key to the future of your business. In their hands the vision of the mission you will be realized.

6 Take advantage of the latest technology

For your business based on online, then use the latest technology. New technology such as applications and data storage with cloud technology is very cheap and make small companies can compete with big companies. Allocate your time to learn of some of the development of the latest technology so that you can take advantage of the low-cost technology available in the market to support your business

7 Avoid price war with sell the excess

Avoid a price war, with sell the excess and not the price. When you start a business, it is only fair for you the frustration of marketing, remember your product or service is new and not yet known. Avoid competing on price, you will lose with the old player. Sell the advantages of your product or service, controlling expertise to communicate with customers, to explain that your product prices higher because it has a better value.

8 Do not be afraid of trying to

Start a business is not easy, many challenge and obstacles that later should you encounter. The key is never to give up because every challenge that you face there will always be a lesson that you can take. Not only that, every difficulty on any challenge will make you more resilient and persistent. So do not be an afraid try!