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

9 simple to do tasks to build and scale up a business

#1. Keep your surroundings clean:  Pick that clean towel right away and clean your work zone, your desk, your study room or whatever you call it. Clean environment will make you feel nice and relaxed. You will be better focused. #2. Set your work schedule: Observe anything in nature it has a schedule and pace. Nature works in a constant manner. Sun rises everyday, not go for a holiday. Earth not go slow on its rotatory motion. River water makes it own path. Man is a part of nature. Be consistent. My High School English teacher was a Gold Medalist. He never studied more than 2 hours a day. #3. Eat when Hungry: Calories from right sources in right amount. No you do not need a weighing scale to do this. Human body always tells what is good, what is bad. Elephant never eats grass. It counts on tree trunks and nobody teach an elephant what is a balanced diet. Listen to your body. #4. Read: Not necessary to understand Classical Mechanics if you can that's good. If its not your choice rea...
Post a Comment
Read more

How to automatically insert Google Search Links in your Blogger Posts

 Google has rolled out Beta Version of Google Search Links for Blogger blogs. For this blog notification reached first and for my other blog I received notification after a gap of 2 months. Beta Version is when you ask users to test one such a plugin or software programme.  In blogger blog posts you can do this automatically. Its simple, Create a new blog post Or update / edit an old blog post In either case Compose / draft post feature will open You will see  Pencil icon with a + sign in the Top Right Corner of the Post Body Menu Something like this    If its a new post write first, create content, if its old you already have content. Simply click on the Pencil Icon with plus sign. Process request will be initiated In a moment you will see important keywords in your blog posts directly linked with Google Search When someone will click on one such URL on your page related results will appear from Google Search. Anyone can use this plugin, benefit is Clear User E...
Post a Comment
Read more

Importance of HTML, CSS and Javascript in Website Content Writing

<html> <body> <h1>My First Heading</h1> <p>My first paragraph.</p> </body> </html> Is this something strange to you, and you are someone whose job is producing website content, publishing blogs and writing press releases? If your answer to the above question is an ‘yes’ you must need to learn dirty looking codes, and once you learn them, you will enjoy working on them.
Post a Comment
Read more