How to do a Startup
Every person has a different view to see the world. Some people see it as a big flashy company where they can find a job for themselves, whereas some people see it as a great opportunity to start their own business because they find a lot of people who need a job!
If you are one of the second types of people, keep reading! This website is not suitable for the first type of people.
I believe you are the second kind of person. Let’s continue
Great, Seems like you already have an idea to make it happen Check out these useful steps to make your idea make its place in the real world! Before we continue, you must know that I am a professional and I applied all these ideas in my own business(And trust me, it really worked) Go through every point carefully and compare your idea with these points! 1. Is your idea really worth putting your hard-earned money in it? Every year millions of business start off with a great entrepreneur spirit but in the end, they go straight into the gutter because of lack of imagination and leadership. Yes, the first point is really depressing and you must be feeling like “is he trying to make me feel like a stupid?” Well, no! It’s just you should really give it a thought and move forward. If you feel like your idea is really worth putting some hard work and money, then it is really great, you already did 50% of work. Many businesses fail because they can’t think! They are like “Okay, we started but we don’t know what to do next”. So it is really important to think twice because if it is what you are gonna work on for the next 1000 days. If you think that I’m trying to depress you then my friend, you are about to meet some arseholes and weird people! you are gonna make some really tough decisions because there is no way you gonna lose your money or time. Again, give it another thought and think for the next 2 minutes, Is it really worth it? 2. Think like a chess player! Yes, you gotta figure out your next 4 moves before you make your first move. Like when I started my business, I made a roadmap of my ideas! I figured out what I was gonna do in the next 2 weeks, next 2 months and next 2 years. My business is related to printing, so I made a road map i.e. “First, I gotta print some T-shirts and sell them online and offline to let people know that we exist! Once I have 500 customers, I can move to my next product and then own my own selling platform”. I spent some time on that and now I have enough to sell my products and design around the world”. So making a roadmap of your idea gives you hope and enthusiasm. Make a roadmap of your work and then move to the next point. Spend some time thinking about what you can do in the next 2 months. 3. Find the source of budget! You gotta spend some cash to earn some cash! it is how it works. You have to spend some money and to spend that money, you gotta find that source. I can’t tell you with just a website on how to find that source. I am assuming that you have figured it out already. If you are lucky, you’ll get some fund from your family, if not, you gotta find a co-operative bank to get a loan. Apply for a loan and wait for the good to happen. Till then you can do some groundwork. If you need help about how and where to get a loan, click on this link below! I’ll contact you as soon as possible. 4. Make a budget plan when we start a business, we make this layout! it’s pretty common, but you have to add 10% extra every time when you make a rough map of your funds. e.g. If you are planning on spending 1000$ on your product, make it 1100$. Yes, this is how it works. You’ll have to spend a bit extra because you can’t know what’s gonna happen. It will give you a rough idea of your expenses and budget. And the best thing about this point is, If you wrote down 1100$ but you spent only 1000$, it will save you 100$ out of your budget, consider it as a victory. 5. Know your rivals Your business is not new to the market unless you invent another crazy good thing. So before you step a foot into the market, do some market research. Like if you are willing to set up your own Computer software store, do some research on your competitors How they sell their product what is their strategy to attract new customers How they work How do they get material Who supplies them raw good? At what cost they buy their goods? At what MRP they sell their product? How many of them are in your area? You need to work on these points a lot before you step a foot into the market! Skipping this step is always a blunder which you should always avoid When I was researching about rivals I came up with this idea, I used to call them and ask if they could print two sets of t-shirts for me? One set was of 4 pieces and the other one was 500 pieces. It gave me an idea about their lowest cost of production and the highest cost of their retail price. 6. Target your audience Every business needs customer! What if Apple loses all its a customer in a day? They’ll have to shut down the company next day(Which is not going to happen). So it is the next big thing to consider. Here is an example of how I targeted my audience When I was thinking about printing T-shirts, I divided people into some categories! People who loved quotes, or people who loved superheroes, or people who loved smoking weed, etc. So I prepared a list of my products and my audience in no time. You need to find your audience first. 7. Prepare your Instagram, facebook, twitter, WhatsApp, etc profiles Social media is your best friend when it comes to sell your products, trust me, trust them! These things will never let you down. Prepare a catchy and simple profile for your business and share it with your contact list and everyone else. Ask them to like and share your stuff. 8. Register your company(It should have been point 3) Resister your country, logo, and everything else! It really matters when it comes to selling your stuff unless you want the Income-tax department to sue your ass. 9. Create a catchy website A website increases your chances of getting an order of 40%. A daily updated website along with social media increases your chances of getting an order by 70%. So make sure your website is catchy, effective and simple. 10. Hire your employees It’s time to act like a Professional, Hire a team which meets your expectations! Don’t rush and let people come by. Make sure you hire only the best people and show them glitters so that they don’t leave. It is really important for them to stay because if they leave, you’ll feel like you have lost a hand. Try to do multitasking as much as possible to save up some money because it is the time when you are going to spend money for some time without any expectations. 10. You are ready to step your first foot into the market When you are done with these steps, you are ready to take your next big step in the market. Again, I can’t tell you from this website that you’ll need a store or things like that but I assume that you have figured it out already. 11. Promotions It’s time to spend some money. You can make promotions depending on your needs. Promotions can be as cheap as 1$ or expensive AF! Try to keep your campaign very creative and catchy because “People buy what they see” You can create promotions on social media or radio stations or websites or any other mediums you find suitable. Keep in mind that you need to cut the expenses as much as possible. It is really important, creates your campaigns wisely 12. SWOT Analysis Before we start, consider this analysis the backbone of your startup! This is one of the MUST do things. To know more about it, click below I wish you all the best for your startup! If you have any queries, contact us! My team is eager to help. }