Starting a business is probably everyone’s wish. We say wish because most people would want to but find it extremely difficult to start. This is because of various reasons.
Fear of failure
High on the list is the crippling fear of failure. Fear of the level of risk and sometimes painstaking work and commitment involved in running a successful business. What you may fail to understand and will find interesting is the fact that present world-leading entrepreneurs did not find business success with one shot.
Take the business Mogul who is the current CEO of Amazon, Jeff Bezos, his philosophy on business and failure is quite unconventional but has proved worthwhile in the long run.
Jeff says he would not be where he is if he had not chosen to embrace failure. Here is one of his quotes on the subject “failed experiments are a necessary evil to creating successful inventions. Failure and inventions are inseparable”.
In a nutshell, failure is inevitable and the sooner you start failing, the sooner you start succeeding.
Choosing the right opportunity
In other cases, you might not know the kind of business to start even though you might already have access to capital.
Lack of resources
It is possible that you may have the right business idea(s) but lack the financial resources to implement those ideas.
All the above are valid and real reasons that can get in the way of starting a business. So how do you go ahead to start a business then?
How to start a business?
- Come up with a business plan that is well thought out and one that addresses a need in the community, such that people will see your product a solution to an existing challenge
- Toss fear out of the window and embrace your failures when you encounter them
- Start with the little resource that is available to you or find the resources that you need. Be creative; where there is a will, there is a way.
There are many business start-up options to consider, and the online space is a great place to start. The reason stems from the fact that you could start an online retail store today in a matter of minutes without an initial cost and make a profit in less than 14 days.
With such opportunities before you and technologies that give you access to markets in your communities and cross-border ones, you should wake up, smell the coffee! And take advantage of these low-cost opportunities that can have handsome returns. There is no reason why you can’t start your own online business today.
Starting a business can be every hard, especially if you don’t have the necessary support. At @Seda_dsbd we have assisted a number of prospective entrepreneurs to plan and implement their business ventures #letsedaassistyou pic.twitter.com/sonssWMfa4
— KG (@kgmkhwanazi) 11 de enero de 2019