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Business Startups & Beginner Guide

Episode 1 of the Business Startups & Beginner Guide podcast, hosted by Vinayak Gaonkar, titled "Business Startups & Beginner Guide " was published on June 23, 2021 and runs 0 minutes.

June 23, 2021 ·0m · Business Startups & Beginner Guide

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Renaissance

First Wake from your dreams and Explore your Mind to take your dream into action

Experience & Passion

Your Experience counts tremendous value in your life. Your Passion & your expertise may deffer on each other, but go with your experience and make it passionate.

Do Not Copy Others

Always keep in mind, that I am deffer from others will do those things that I love to do.

Characterize Your Choice

Always consider those Nish/Product/Service on which other people willing to spend money.

Recognize your Skill & Calibers

You Can open up yourselves with all qualities, knowledge, and power of execution.

Start as a Pilot Project

If you have very low confidence in yourself, start with the trial efforts at least for 3 to 6-months.

Four Steps to Get Started

  1. Decide on Product or Service

  2. Set-up website or launch on the Gateway site

  3. Develop an offer to not get refuse

  4. Ensure get way to get paid

Deep Market Study

Understand people to understand you i.e.

what did people want?

what is their interest?

What are their earnings?

Where they will spend?

Find the Marketplace Problems and the Opportunities

Find the market problems to get execute your skill-calibers and experience to convert into opportunities.

Prepare One Page Business Plan

Your Choice

What you want to Sell?______________

Who will Buy It?_______________

How will your Business Idea help People?_________

Budgets

What be your maximum Capital Investments?_________

How much minimum & maximum Working Capital Required?________

How do you acquire your capital?____________

Your Rewards

What will you Charge?_________

How will you get Paid?__________

How else will you make money from this Project?________

Awareness

How will customers learn about your business?_________

How can you encourage referrals?_____________

Success

The Project will be successful when it achieves these metrics:

Number of Customer become a patron___________________

Annual Net Income______________________________________

Cash Realize in Hand___________________________

Sales to collection low gap____________________

No leverage or credits___________________________

No heavy Inventories___________________________

Obstacles/Challengse/Open Qestions

Atleast ask two question for each catogary

What is spicific Concern?___________

What would be the Proposed Solutios?________

And last and Least when shall you going to execute your Plan

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