Many of us want to have our own business. A favorite business, independence, freedom of creativity and financial well-being — that's such an idealistic picture reigns in the minds of most aspiring entrepreneurs. The realities of life quickly shatter such dreams.
And it's not just about government financial regulators and bureaucracy. Most of the reasons for a bad start lies in the head, the isolation of which does not allow the hands to act. In this article, we invite you to get acquainted with the opinion of an American businessman who supports startups. We hope that his thoughts on the reasons for the failures of business ideas will help you find the proper motivation to start your own business.
According to Raul, hundreds and thousands of aspiring entrepreneurs, confident that they have a winning idea, ultimately cannot implement it. Starting a business requires much more than just an idea. And these are the reasons that stop businessmen from starting actions.
Many aspiring businessmen cannot start their own business just because they are obsessed with finding the right idea. In fact, you don't need «ideas» to start.
All you need to do is identify the problem and solve it better than most current entrepreneurs.
Once you've found the right direction but are still hesitating, just do it. Build a prototype of the product and show it to potential customers. No countless marketing research will help you if you don't have a demo version of the product on hand. Buyers should try it out. The first important feedback will come from them, on the basis of which it is worth building a follow-up strategy.
Go beyond the usual idea that you need to invest seriously to start. In fact, this is not the case.
Many examples, including Rahul Varshneya's personal experience, suggest that successful startups manage with zero injections.
If you still can't do without a certain amount of money, try to save money or borrow from friends. Good concepts are quickly funded through investment funds and crowdfunding services.
Never put off until tomorrow what you can do today. Most often, you will see the embodiment of your best ideas by someone else, just because the idea has been hatched for too long.
Against all odds, take the first step, it will be much easier later.
For example, adopt the 2-minute rule. If you don't start acting right now, tomorrow someone more nimble will stumble upon your idea and implement it on the market. Believe me, no idea is unique until it is put into practice.
If you're going to start, prepare for the first setbacks. But small defeats give invaluable life experience.
In previous failures you will find the recipe for success of the next venture.
Here are vivid examples, think about them. PayPal — the fifth attempt of Max Levchin entrepreneurship. An even more revealing case. Only 52 attempts in the form of the world-famous Angry Birds game made Rovio a whale of the gaming industry.
It is impossible to learn how to ride a bike by reading only. You have to pedal clumsily, jump on one leg with a frame between your legs, fall a couple of times, only then you will sit down and go. And, having ridden on a bumpy road in bad weather, in the future you will be able to overcome any off-road.
If you want to cut down more money, you are wrong. Your business is doomed even before it starts growing. Of course, you will be able to improve your financial condition, but only in the short term.
You need commitment and conviction. Set yourself inspiring goals.
Goals that are not about making money and increasing the number of customers.
Set goals that create value and real benefits for your customers. Such goals bring to work a desire to stand out from the competition and a positive attitude that fills you with positive excitement and energy. Customers will feel your mood and open their wallets. The money will come to you by itself.
