Monday 6 February 2012

10 suggestions for new start-ups and entrepreneurs

Find out a market which has growth potential

Move out of your comfort zone

Keep your expenses low



Don't get spread too thin managing multiple aspects of business yourself

Manage and maintain your account book and project portfolio from the get go

Strategies need to be translated into achievable numbers 

Create flexible business model to adapt to changing business dynamics and accommodate initial business errors

Continuously educate yourself - industry update, best seller books, emerging business strategies, and upcoming technology

You cannot afford to wait for launch of your product or service till its 100% satisfactory; otherwise you will be too late for the market

Don't simply imitate leaders in your field, give your own unique and valuable input- don't pretend to be someone else



To know what’s common between successful business leaders see the following article - http://fromthediaryofmentor.blogspot.in/2012/02/what-is-common-between-successful.html


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