Skip to main content

8 questions to answer yourself before starting a business

Fail is scary, imagine putting time, efforts and money in a business and overnight you realize its all drained. One of the biggest reasons of a failed business is lack of knowledge. Many people start something because someone doing same and earning good money. When you do a business based on words and mouth, based on noises you are bound to fail, that will happen sooner or later. So before you start, give ample time to decide where you will put your money. Here are few things to consider before you take the first step
Ask yourself following questions:
  • Do I have knowledge in the said area of business?
  • Do I have many connections in this area of business?
  • Do I have accessibility to resources?
  • Do I have enough knowledge of sales funnel?
  • Do I have enough funds to begin?
  • Shall I be able to invest enough time for the work?
  • Shall I be able to keep enough patience?
  • Do I have reasonable backup plan in place?
Answer all those questions as Poor Average and Good. If you have at least 4 or 5 good and 2 or 3 average then you can go for this. However, before you begin improve in the weaker areas. Tall building cannot be built over muddy grounds.


Labels:

Comments

Post a Comment

Popular posts from this blog

Cofolios help design interns in getting hired

Are you design Intern and looking for your first job? Submit your Folio now Cofolios Design App Cofolios is an app developed by Hasque to help design interns in getting hired. The Cofolios showcase design intern intern portfolios at top tech companies. Employers can see the interns working with a technology company simply by opening Cofolios website. At the time of writing this article its showcasing design interns of Adobe, Amazon, Apple, Intuit, LinkedIn, Twitter, etc. You can get this app from ProductHunt
3 comments
Read more

7 SEO tips to take your business to new level in New Year

Now its times to look back what you have achieved in past year(s), find your weak zones, make plans for improvements and take your business to new heights. Irrespective of the kind of business and strategy you follow; SEO makes parts of every business. Better SEO means better business. To give your SEO strategy a boost here I am sharing simple tips, you will found worth! 1. Look back  Yes, you heard right. ‘Look back inside technical aspects of your website.’ Make a check thoroughly for anything broken inside, may be a social media button, a web page with error 404, robot issues or Google Analytics Conversion Errors. Make good use of Google Webmaster Tool to find any and all errors. Remember search engine downgrades even best of the websites for any errors in codes whether error is caused by you or third party applications.
4 comments
Read more

How to Customize Blog Post URL in Blogger

Here is great news for blogger who publishes blog on blogspot blog. Now you can customize your blogger blog post URL very much in same way it was available for wordpress blog publishers. Till now your blogger blog post title was turning into your post URL, but now google has gone an extra mile to fetch you some SEO juice. The facility is available via blogger in draft and not through usual blogger panel. Hope the full version will be rolled out soon. To post a blog post in with customized post url you can log on to draft.blogger.com
4 comments
Read more