How To Start Business From Scratch

Dream Again

Dreams are never ending in life and whether it is childhood or old age people always have dreams. Dreams are often the reflections of what we see, feel, experience, visualise or think throughout our daily life. In some exceptional circumstances they are experieced after years. Everyone take this step. So if you lost massive in your business or it went down due to market crash or any other reason, you need to start dreaming again.

Visualisation

It is true and mentioned by many successful people in various fields that visionaries are the creators of realities. So whatever we visualise we always see it in real world in different forms. For example Airplanes, Cars, Television, Mobile Phones and many other human creations were basically just a thought or idea in a simple invisible form of energy. Start visualising your new plan. Start visualising it in a real world, act like your new venture is coming up more stronger than what you lost. This is why skills are more valuable than product. If throughout your business journey you have worked on your skills, you will never fail and you can always make it work in someway or the other.

Planning

So now you have both dreams and visualisation it is time now to start planning. Whether you need a team or you are thinking to lead yourself, planning is the first basic step. It needs lots of work but again don’t overspend your time in it. Afterall there is no perfect person and there is no perfect business. Planning includes your budget, team members, tools, premises. Every individual has different approach depending upon the market they are entering. Also depends upon there experience but if you are start up than stick to the basic planning with minimal cost involved.

Strategies

Here comes the most tricky part where most of the people get confused. They say always be strategical than being clever. Most people thing strategies is something very technical or involves lots of people. Well it is not the case if you keep things simple and not overcomlicate. If you decided to run a restaurant, beauty shop or any company strategies are always adaptable. Strategies change even any time. They are not the rules but rules, ideas, improvements and many innovations comes out from strategies.

Action

Now you got everything ready. It is time to act. 90 percent of entrepreneurs fail here whether it comes to marketing, talking to new clients or giving presentation. every business has cstomers and offer solution to the problem to people. Businesses are meant to offer solution. Mobile phone companies ar working day & night to bring a new feature that can offer some kind of solution or bring more comfort to people’s lives. Very small number of people carry on in action phase. In fact majority of people give up due to rejections, personal issues, challenges and many other obstacles. Only few who carry on even one step at a time takes 30 steps forward in a month.

Remember in action phase is where you are not only in the real game but you are also the writer of your past, present & future.

Here are few Ten steps to start a Business. These are generic and depends upon the location you are living.

1. Register a Domain in the name of company you are planning to open. Company Logo can also be done at the same time.

2, Register the company. This is mostly free in many countries but can cost also.

3. Hire a legal team if you have budget. Business lawyers are expensive but you can also use Fiverr for Per Hour service or some other community based platforms.

4. Write Policies or get your lawyer to write it for you. Again there are many online pay as you go services.

5. Get the business line or online support system.

6. Hire a accountant or there are book keepers in Fiverr or other online accounting.

7. Business cards. Tag line can be punched with Logo.

8. For emails you can register in G-Suite or if your domain provider provides this option you can get it for free.

9. Explore G-Suite as it has many features for Business.

10. Merchant Services for Business is very essential whether you are a product based company or service based.

11. Business Insurance is very essential as it gives peace of mind and also protect your equipments, people & other investments

12. Social Media presence is extremely important. some basic platforms are Facebook, LinkdIn, Youtube, Twitter, Instagram, Whts App, Pinterest, tiktok, Snapchat & many others. There are many more coming up in future.

13. App development is something which used to be optional at some point but now it is the most important part of the Business as people spend between 5 to 10 hours a day in mobile phones. So far most of the companies charge huge amount of money. Due to recent advances you can now get it at much better price.

One thought on “How To Start Business From Scratch

  1. Thank you for sharing this insightful article! I found the information really useful and thought-provoking. Your writing style is engaging, and it made the topic much easier to understand. Looking forward to reading more of your posts!

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