Do you want to be an entrepreneur?

Do you want to be an entrepreneur?

Nobody said that being an entrepreneur was easy. Anyone who has started his own business will tell you that it can be an activity that consumes all that will demand a lot from you but will also reward with more than financial success.

Success in business ventures is the result of many factors such as knowledge, perseverance, passion, good plans. It is estimated that every year more than 60% of businesses fail. So, if you are thinking of becoming an entrepreneur then you might be advised to think about it many times before plunging.

The road to success is long and has many phases that every novice entrepreneur needs to understand. If ignored at the beginning of every business then any business will surely fail very early. These business phases can vary from industry to industry, but one of the most important phases is market research. Although this may seem like a very logical step, it is often ignored. Market research helps in determining your market and understanding it fully.

Often, when starting, entrepreneurs are too consumed by passion and emotion to be able to carry out impartial studies of the feasibility of their products or services. If done initially, many aspiring entrepreneurs can save themselves from failure. Most business plans cannot withstand market research supervision and fail even when on the drawing board.

To be successful in any market, you need to understand market history, demographics, economic conditions and current trends. You also need to study competitors who are already well established in the market. Studying them will help you find your target audience and niche.

Many times, people overestimate the value or novelty of their product / service. This gives them false confidence promoting them to make irrational decisions and take big risks.

There may be other businesses …

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How to Impress Everybody in a Meeting

How to Impress Everybody in a Meeting

Always feel unnoticed in a meeting? Here are some tips to steal the thunder in you next office meeting and impress your colleagues to improve Business.

1) Preparation: Any meeting demands preparation. It’s essential that you prepare well in advance. Jot down your views on the topic of the meeting and prepare notes. If need, research on the subject matter. This way during the meeting when you speak or present your views, you will be much sure of the matter and there are less chances of making mistakes. Preparation will also ensure that you won’t fumble with your statements.

2) Be Active: Be pro-active and participate in the meeting. Inputs and well though suggestions will make you stand out. Be a participant and not try to take over the agenda of the meeting. Allow others to speak. This will help in creating rapport.

3) Don’t Criticize other People’s Suggestions Immediately. Constructive criticism is allowed but do not forget to give valid reasons or a better suggestion.

4) Confidence: Always speak with confidence, whenever you speak out. If you betray your lack of confidence in what you say then your thoughts and suggestions won’t be taken seriously. If you want others to take your seriously then you have to be absolutely confident.

5) Positive Attitude Creates an Aura. People who create negativity are avoided. Their suggestions will always be deemed vindictive and unhelpful to the situation. Add positive and valuable inputs to the proceedings. Always phrase suggestions and views in a positive manner.

6) Follow up: As soon as the meeting ends, make notes of what was held in the meeting. Follow up on what was decided at the meeting.…

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