How to do business to start your own business needs to start from asking yourself. What are the toughest challenges in starting your own business ? Not no capital, not no new ideas. The most difficult thing is maintaining endurance in business, staying in the business despite facing many challenges. How do you start your own business or business so you don’t give up easily?
Opening your own business, your own business, takes time, it can’t be instant.
Why do people choose to start their own business?
There is a process to go through in starting and building a business.
Starting from thinking about the initial idea, opening, introducing and promoting the business. In this process, there are many challenges and obstacles. Both from internal businessmen themselves and those coming from externally.
This challenge often causes business people to wither before they develop. Not strong and stressed to see the business being built is slow to grow, sales are sluggish, while a lot of funds and energy have been spent.
Finally chose to resign, give up. Like a cocoon, it fails to become a butterfly that can fly.
Statistics from several enterpreunership surveys show that most business people who open their own businesses fail at an early stage.
I suspect that failure to maintain endurance is the main cause of many startup businessmen dying in the early days.
However, that does not mean that business endurance cannot be trained or built. The proof, entrepreneurs who are now successful, generally can survive and escape the darkest times.
Learn to Build a Small Business
The following is a note on how to start a new business and maintain endurance in business, so that you can stay focused when opening a business, even though difficulties and challenges come repeatedly.
The way to start a business and build a strong business motivation is to take a number of initial steps to start a business, namely:
- Have Big Dreams
- Work Based on Passion
- Learn from Successful People
- Family Support
- Facing Competition
Let’s discuss the 5 tips to start a business above one by one.
1. Have a Big Dream of Doing Your Own Business
Dreams of being able to move mountains, says one figurative.
This shows how strong the influence of dreams is, including in trying.
Therefore, when deciding on our own business, we should have clear and specific dreams or goals that become the raison d’etre of starting our own business.
The dream should be something worthy, worth, to be pursued and fought for. If not, dreams will be easily overpowered or subverted by the pressures of short-term needs and demands that usually seem more urgent to fulfill.
When barrage of difficulties arise, dreams become encouragement that supports us not to give up, but instead to find a way out.
Dream of being the last stronghold.
Several well-known motivators suggest that the dream should be specific and clear. Written on a piece of paper, then impregnated and remembered every time.
Thus, these ideals are internalized in a strong and rooted manner.
2. Work based on Passion When Opening a Business
Working out of love or a hobby will have different results. There is a strong desire to give the best. Roughly speaking, not even getting paid, we want to do that.
Passion is a great boost when business is tough. Even though sales are slumping, but because doing so is not because of the demands of profit , but because we really like it, we will continue to work to give our best.
Consistency of work in the end will bring appreciation.
On the other hand, if the business is carried out because of the mere hope of wealth, when challenges or difficulties arise, which undoubtedly are in the business, the spirit of never giving up easily fades. There is no inner motivation to keep up the spirit.
Generally, building your own business takes time. Rarely can it be successful in a short time. The stamina to defend most effectively is motivation that comes from within. That’s passion .
3. Learn from Successful People in Opening a Business
There is a lot to learn from people who are already successful.
From them, we will understand that the way to build a business is not easy. There is a winding process, up and down, steep, which inevitably has to go through if it is to be successful.
The successful ones have ever passed it. They succeeded because they survived. Try first to stop halfway, surely the success they get now will never materialize.
The experience of this successful person becomes a strong reminder , becomes a spirit pump, when he is tired or depressed. If successful business people need time and even sacrifice to be successful, it’s only natural that those of us who are just starting out in a business face problems.
Hence, attending seminars, listening to talk shows on radio or reading in tabloids about sharing success stories are things that should be done regularly. Not only to gain knowledge, but more than that, to be a booster of enthusiasm in the midst of the challenges of starting your own business.
4. The Importance of Family Support When Starting a Business from Zero
Why is family support important when opening your own business?
When business is difficult, usually household cash flow is affected. What used to be able to go to the mall every week, or go on vacation to the mall twice a year, now must be reduced, or even completely eliminated in order to save money for business.
Families are the most affected. And the reaction of the family will determine whether the effort continues or not.
Families who are not supportive must often complain and do not want to compromise. I saw some people who finally quit doing business because of pressure from their families, who wanted to maintain a lifestyle, did not want to be concerned, even though their financial conditions were not possible.
On the other hand, the family is supportive, gives encouragement and most importantly wants to be concerned. They understand that hardships now will bring them greater happiness in the future.
Therefore, when you want to start a business, it is important to talk and talk openly to your family. Explain that starting a business will face difficult times at the beginning, challenges that are not easy, which require support and sacrifice from the family.
The key to success in starting your own business , is not only a good product, a brilliant marketing strategy and a business model, but more than that, it takes strength and tenacity to survive. Business is full of challenges and obstacles. Because when a businessman retreats before he reaches his goal, all the right strategies and plans and qualified products are all in vain.
5. Facing Competition
What do you think if someone opens a similar business next to yours?
This is a classic question that many who do their own business have certainly asked.
A new business was started and the development was good, but it wasn’t long before someone opened a similar business next to yours.
How to react?
First , accept the fact that competition is an inseparable part of a business or business. A thriving business attracts competition.
Second , the existence of competition provides input into our business on what we lack and need to fix.
Third , the existence of competition shows that the business we are doing has good market potential, so that competitors dare to enter.
Why Start Your Own New Business
Why do people choose to start their own business?
Maybe this is a question that many people ask when they want to start a business.
Based on my observations, there are several reasons:
- Freedom and discretion . Working alone is definitely freer and more flexible than working with other people.
- Income . It is certain that if we do our own business, all of our income or business profits will be enjoyed by ourselves.
- Innovation can be ‘crazy’. By starting your own business, you become your own boss who is not limited by other people’s ideas.
This is the reason why people choose to start their own business.
How to Start a New Business (Any Business)
How do I open a new business?
What are the first steps to starting a business?
How to be entrepreneurial, confused about what business you want
When deciding to start your own business, there are tips on how to start a new business, namely:
- Market Research. It needs to be done to ensure that the selected business has prospects and understands the competitive map in the business.
- Form a team. One of the keys to the success of starting a new business is the support of a strong team because it is impossible for us to do everything ourselves, there needs to be a team with solid human resources.
- Building Products and Business Models . One of the success of the business depends on the product being sold.
- Source of Capital. In building a business, to be sustainable, it is necessary to consider the source of capital, whether to rely on own capital (bootstrapping) or looking for investors.
These are the basic things you need to consider when building your own business.