Friday, July 30, 2010

How to Set Up a Business and Be Rich!

By : Anyaele Sam Chiyson

Know how rich you want to be, being in business for yourself before you decide to own a business. As a young entrepreneur, I read a book called Finding Your Niche, written by Laurence J. Pino. It empowered me precisely to attain the level I am now in business. You can set up your business, start now.

Decide the type of business you want to do and register the business name with the right body. Think about how to raise money for your business and be in business, such as your personal savings, friends or family members, and the bank, if you have a good credit rating and guarantors.

Take a detailed look at your current reality and form a clear picture of where you would like your business to be in the future. Take at your situation as it stands today. Examine your product or service line, your infrastructure, how you market - everything that relates to the current status of your business operation.

Develop mission statement that will propel your business forward. For instance, when Bill Gates and Paul allen founded Microsoft Corporation, their mission was a computer on every desk and in every home, all running Microsoft software.What mission do you want to accomplish as an entrepreneur?

Most entrepreneurs are motivated by a desire for financial and creative independence, but those are broad concepts which need to be refined to be useful. Conduct your business according to certain well-defined personal satisfaction, the lifestyle you truly want, and a product or service line that satisfies you to be depths of your being. Know your business`s personality and develop a true business identification.

According to John D. Rockefeller - If you want to succeed you should strike out on new paths rather than travel the worm paths of accepted success. Have a profit-making business operation, determine to what specific position in the marketplace you will best be able to adapt your particular business. Make a difference and have success in business. Increase your commitment and mission, and establish your market position; find your niche.

You can create a business and a market position that is independent of any of the other players on the field. Make up your mind to build the best business, start with a business with a market niche. Life is beyond earning yourself a living, you must be in business for yourself.

Get focused and build momentum toward a new market niche you want. Be smart and establish market that is yours alone. Identify your customers and make things easier for yourself. Structure your operation around your market in general. Understand who you are and what you want. Understand how you want to extend that into the world through your business. Understand what niche you want that business to serve, and your results are instant.

Job Vacancy , Indonesia Job , Job Indonesia

Bookmark and Share

No comments:

Post a Comment