Entrepreneurial thinking

Find a market and build your business.

 

Many people have the business idea, but their basic problems are:

1) Find funding to get started

2) Find a market to sell their products

To stop breaking your head, because if you are reading this paper, believe me, you have already taken a big step, which means that your entrepreneurial ideas are already beginning to become pulpit. And I begin to congratulate you for thinking big! By the way, let me remind you that the idea of starting a business could have several triggers. You may identify an opportunity, or at least you have frustrations, dissatisfaction at work or difficulties integrating or re-entering the job market, etc.

I guess your patience is starting to diminish for the development of these two big points mentioned above, be patient we'll get there! In the meantime, let me give you a second reminder. Being an entrepreneur is a whole process of "the entrepreneurial process" that is to say, you are called to follow several steps:

1. The entrepreneurial idea is totally absent.

2. The idea comes to mind and you decide to be an entrepreneur.

3. How could I create my box? (you think)

4. I will try to do it.

5. I can do it!

6. Bingo, I start! (here the decision is actually taken)

7. And lo and behold, the loop is complete, I am an entrepreneur.

Good without further ado, dear future entrepreneurs, please hang on because we will get to the heart of the matter.

1) Where to find money?

Very often, it is this first question that arises when one has the idea to embark on the entrepreneurial process or at least the creation of a company. And if you make this question you are very smart, because normally to start a business everyone must think of a source of funding regardless of the capacity of this source! Is not it ? I guess you said yes! But if you say no, you might be right too.

So, dear future entrepreneurs, let me tell you to embark on business creation it is not mandatory to have money or at least to have a large sum of money as the case may be. In case you do not have a lot of money to get started, well you can start with what little you have, even when it will not allow you to get a large volume of goods, but do not worry because at this stage it is not the volume of goods you have that is the most important, but rather the time of disposal of stocks and the rationality in the management of profits, because it is the profits by reinvesting them that will inflate your starting capital. So, pay attention to the management of this fledgling company, because it is not yet mature to support the charges!

In other cases, you may have the idea of starting a business but you do not even have the little money that it might require. Do not tell me that it did not happen to you? If so, it does not matter because it is a normal fact! And business creation until then is very possible. You will tell me how will it be possible without a penny? Well, be patient, I'll tell you! Or at least, you may think that I will recommend buying on credit? Humm! That's it ? Well, until then it does not matter, buying on credit is another alternative despite it has its drawback for any business and especially your fledgling business, so here we do not stay on it.

So to do so, you can join other companies that are already working and that can inspire confidence and vice versa. Once the bond of trust begins to establish between you and the company, it can deliver you major stocks that you would sell on your side. At this level, the most important thing is to be able to build your customer base beforehand and to be able to expand it over time, so that the deliveries are made as quickly as possible, and you will be paid according to the agreement between the company and you. Are you clear so far? I wish it even if nothing is wizard until then !!! But if not it does not matter, because thankfully you have recourse through my blog.

Once this funding problem is solved everything is settled! Is not it? Without a doubt you answered with a "NO"! Well, that's great, your answer! Because the main element remains the clientele.

 

2) How to find customers for my business?

Many times this question is resurfacing, and it is still normal because the market of products is saturated nowadays and the companies evolve in full competitiveness. So, to stand out from other companies positively one must be able to innovate through your marketing department, know where to find the audience, take advantage of the opportunities that technology offers us. You can use social networks to make your product known to the general public, such as: Facebook, Whatsapp, Instagram, etc. You can create online tips to collect emails and in return you use them to promote your product, many companies do it nowadays. You can remain very independent by creating a blog to present your product to the general public, you could even integrate a page "shop" so that people can order your products online and you will offer them the payment method that suits you best ! You are not too clear on this last point? Do not worry !!! For more information please visit: https://nouvellakay.jimdo.com/Boutique

 

I hope you are going to take advantage of this section! Note that all your criticism will be welcome in the comments or via my mailbox. Thanks for reading me !

See you next for a new section !!!

 

Author: Micher LAMOUR, Agro-economist.

 

Email: micherlamour300@gmail.com

 

Or via my blog: https://nouvellakay.jimdo.com/contact

© 2019 Copyright Micher L. - All rights reserved

07/15/2019

 

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