Baby Boomer Entrepreneur - The Answer Is Start From the Market
How can you start a business and feel secure you have good odds for success?
That question is answered in this blog post…START FROM THE MARKET. It sounds as simple as “buy low and sell for a higher price”. In reality it is precious wisdom. If you start from your market, you know the problems that need to be solved and who will pay to have those problems solved. That is the first step to a new future as a baby boomer entrepreneur.
Shallie
Shallie Bey
Smarter Small Business Blog
http://businessrebirth.blogspot.com
If you are a novice businessman .. Or just want to start your first business ..
Where should you begin to move when you first want to run a business?.
This simple question, was not so easily answered by many people .. Included also from academia ..
Each person has a different perspective of looking at a start-up business .. Business is just beginning .. Where should startup business in the beginning ..
80% of business start-up bankrupt in their first year standing and 80% of the amount remaining following the bankrupt before the end of the fifth year according to Michael E. Gerber in his book E-Myth is famous for.
This is because they started their business from the wrong direction .. From the direction they should not live .. And this is not only experienced by the layman alone .. In fact it is not uncommon, many of Professor was still making the same mistake ..
In some training and also the number of incoming emails to me .. Many are asking one thing,
“Mr. Laksita .. From where should we start a business? Which will not fail and certainly succeed if the lead, although we really do not have experience in running it? “.The question is wholesale .. But the answer to this question is the most in waiting by most people who are getting ready to set up their business .. But still hesitate because do not know, from the point where they should go.
And of course the answer is very simple .. Because it is starting a successful business and not something that requires a high intellectuality of the owner, which often makes it even they are trapped in their own natural intellectualitas and eventually make their business more quickly bankrupt ..
Back to .. where you should start your business .. My answer is always .. START FROM THE MARKET ..
The market is needed today?
And what can you do to meet these needs better than could be done by your competitors
The market is facing a problem today?
And what solutions can you offer to this problem could be better than that offered by your competitors.If you follow these simple instructions, then before you have stretched the ocean chance you take as a first step to your new business ..
