Indians have the mentality to give advice no matter whatever is the topic under discussion somehow they will come up with ideas that will enable the person to choose his/her right path and take suitable decision for self. In this process of people providing you with the suggestions and you taking the right decision combining the suggestions and your wit there are certain things that you need to avoid no matter what comes in. Especially if you are in business and brainstorming on what to do and what not and if you get filled with pool of ideas and reasons to start your own venture please avoid the following outcomes of the discussions:
If you think starting a business is because you have freedom to do so is a wrong conception, it is your determination and plans with which you enter into this business field and not just because of freedom you possess to do whatever you feel to do so. Freedom is one benefit that comes along with you in the corporate world entry but there are people who return back after successful ventures.
If people advice you saying that go for the venture you will do great etc statements it might not always be true you are surely gonna fail. Hence a research is advised so that you get 2 to 3 options available with you.
Forecasting success isn’t bad, since you can have business from a nonexistent market as well. Try and attract knowledge prosperity and fulfillment for your business hence the evaluation becomes easy.
It is said that if you have dreams then you are surely gonna achieve them. If you have dreams and if you have passion to achieve the same then you must also have the willingness and the power to swim the ocean of obstacles and hurdles so that you achieve your dreams one day.
If you are motivated with fear to work hard for your business then that is negative motivation which is not good, if you feel energized about your goal, you will be successful. If you are energized then you will surely enjoy the work you are doing hence be sure of what you enjoy at and plan your life accordingly.
Well begun is half done as said if you plan your life accordingly the career prospects that you have for future will differ from those of your former colleagues.
People have aspirations and really good ideas to start their own venture but they lack confidence in several areas of life.
Things to be considered for a new business start up:
First of all just get rid of this myth that starting a business is matter of earning money overnight. No businessmen with ethical efforts earn crore and lakhs from the start up in the very first month or the year itself.
Since this is your startup you should be damn careful about manpower that you are recruiting under you, one thing that you need to keep in mind is that however competent your family members are no matter how good your relations are it is advised not to employ them in your business.
The importance of b-plan is not a new story to begin with, and then why not makes it essential for the startups. A good b-plan is really important.
For any business to succeed in the long run it needs a good marketing plan with excellent branding. Marketing plans may change but branding never should. Branding should include a perfect logo design made by a professional logo designer. Finding a Professional logo Designer is half the battle won in this respect.
Never give up on your business even the chips are horribly down. Never even think of giving up. A lot of things depend on you, for example, the future career of you and your employees.