Skip to main content

5 points to consider when starting Solopreneurship

A solopreneur is not an entrepreneur. Sorry being honest. A Solopreneur is entrepreneur in the making. So when starting a business SOLO you need to know many things. How many things and what exactly cannot be said in a page. Answers varies in accordance with circumstances. However, here are 5 things everyone should know when starting a business alone.

1. Market
Whatever you are supposed to do or sell, study its market size. Meet people, interact, know, since how long they are in this business. What they think, how will be market for the said business, product or service. If it will rise, go steady or fall.
2. Mentor
YOU WILL FAIL. Not only one, two or three times but many times. Do you know someone who will help you in downtime or when going for expansion. Ideally, mentors do not work for you, hiring a mentor is not cheap, also they are less available human commodity. Start searching right away till you find one.
3.Time
Doing business is 10 times more tiring than doing a job. You not get any salary. Plus you will need to multiply your work hours. If you are going Solo, you alone will be responsible for Marketing, Production and Sales.
4. Family
Everyone have a family. Even your childhood was spent on streets then too you have a family like relations with your friends. When you will multiply work hours, chances are you won't be able to interact with family members. Be open, tell your family and friends and ask for their consent. Mind It; everyone won't be happy with your decisions. Do not go against them indeed convince them. They are people who will come your rescue first.
5. Finances
Do you have sustainable funds for days to come. There is no guarantee how soon you will start making profits from business. It will need time, patience and good amount of work. If you have depends like parents and kids to look after then check THRICE for how long you would be able to sustain without making profits.
DO NOT COUNT ON BORROWING; IT WILL COST YOU A FORTUNE.
Post a Comment

Popular posts from this blog

How to register .app domain

Get.App Registering .app domain is like registering any other dot com domain. However, at present very few registrar offer it.
Here is list of .app domain registrars

101domain1API (Hexonet)Communigal Communications (Galcomm)EnCircaEntorno DigitalGandiGoDaddy.comGoogle DomainsLedl.net GmbH (Domaintechnik)MarkMonitorName.comNamecamp (yay.com)NamechNameWeb (bNamed)PorkbunSafeNamesSecuraSoluciones Corporativas IP (Don Dominio)Super Registry (Rebel)UniregistrarVariomediaWebnames.ca1&1 InternetAscio Technologies ()NetNames)BB Online UKBlacknight Internet SolutionsBrandmaBrandsightCorehubCSC Corporate DomainsCSL Computer Service Langenbach (joker.com)Domain Cost ClubDomain ResearchDomain The Net TechnologiesDynadotEuroDNSFocus IP, Inc. (AppDetex)Gransy (Regtons)Hosting Concepts (Openprovider)Key-Systems (DomainDiscount24)LexsynergyMarcaria.comNetimNom-IQ Limited (Com Laude)PSI-USA, Inc. (Domain Robot/InternetX)Realtime RegisterRegional Network Information Center, JSC (RU-CENTER)SafeBran…

3 reasons website development is long lasting business

Website Development as a business is mushrooming everywhere. There is no shortage of Human Resources. At some points it appears like Web Dev companies will be washed out.
Being a web producer at times i think for how many years this profession will stay. Today anyone can build a website. There free tools and tools for little prices.
Often few of friends say, leave this profession, this won't stay in the race. But when I look back, I find huge growth of websites over the years and it's growing.
So I feel website development will stay in the race, may be not always but its life is long lasting.
Here are reasons why website development as a business will survive.
1. New job seekers are more open to do business. Every business will need a website to reach to customer.
2. Every business owner will not be developer. People come from diverse backgrounds. Making a website is pretty easy but making a presentable website is equally tough.
3. Learning new techniques need time and effort…