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How To Turn Your Business Idea Into Reality?

How To Turn Your Business Idea Into Reality? I. Look for pain points, don't wait for the Eureka' moment A sustainable business should generate out of a pain point, which in other words, is an opportunity. Kar-Worx was born out a pain point that was then used as an opportunity to cater to a dire need in the aftermarket service industry. Talking to potential customers will needs changes. help you gauge the shelf life of an idea and 3. Share Your Business Idea 2. Learn The 4. Find A Mentor Technicality It is always good to have a mentor when starting up. A mentor, who guides you, supports you, be unbiased in his opinions and connects you to the right set of people. Most importantly, he/ she should be able to give time to your business idea. A mentor could be your protessor or even a peer member or an industry expert. Being an entrepreneur comes with a lot of challenges, having said that, it has its rewards too. For a service industry, trust doesn t come easy, for building good customer and vendor relations, what has helped me the most is spending time with my blue collared employees and understanding the nitty-gritties and technicalities of cars. Being technically sound goes a long way in creating a trust value with your customers. It can also be a great tool to help you get away with vendors, who try to outsmart you. Once you have a business idea in place and the necessary research material, pick a few customers or industry colleagues, may be from your family and peer group or a reference to share your ideas. 5. Understand your market needs & adapt to change Doing a thorough market research of your target audience, demography, buying pattern, micro and macro factors that could affect your business goes a long way in getting you sales because you have already tested the viability of your product/ service. 6. Networking & Trade Shows 7. Make A Business Plan It is the most underrated tool when starting up a business. Meeting like-minded people trom your industry, entrepreneurs and even entrepreneurs from other fields can help you with the required support, guidance and even ancillary business needs that you may! overlooked. Attending major trade fairs has helped us gain access to a range of local and international vendors, who offer good quality genuine spares. 8. Pick A Good Team To Initiate Growth Making a business plan is critical concept, financials, requirements and strategies should be penned down in detail. Having the plan in front of you will help adhere to the basic groundwork. Startups today are nothing like their counterparts in the 90s or early 2000s. Entrepreneurs want a team that is motivated, rich in academia as much as with work experience. Having a team that is self-evolving, contributing and honest is key to ensure that the company is self-sufficient operationally. Having a good cross-communication among the enterprise can do away with errors that could cost you a customer. have 10. Create A Website Suitable To Your Business 9. Use Free Resources Online To Reach Out To Customers Having a good website is like an extension of your company. Even the best salesman cannot get you as many customers as much a website can. The customer today has taken most of his/ her purchasing decisions online; having a clean, informative and interactive design can help convert çustomers faster. While working on your website, you should also work on the branding image of your company; logo, colours, information, etc. Using resources online such as free listings, online directories, and social media to showcase your work can help save money and time in gaining your tirst few customers. Ihis is not only cost effective but more importantly it allows your creative input and flexibility to modify, which could cost you extra if outsourced to a professional agency, we SRCH http://www.wesrch.com

How To Turn Your Business Idea Into Reality?

shared by davidstoffel123 on Oct 26
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Many can have business idea, but few of them have a good one; and very few out of them have unique one and only few of them can implement it in a right way. This post is about implementing your busine...

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