How to start our own business.It is very difficult to start it?

China
October 27, 2010 9:34am CST
I do not know whether you consider it deeply or not.Maybe you have a good job,so you do not never consider it.Now I am still a student,I have a good idea.But the main problem is that I do not know how to start it,how to do it better.You know that I do not have social experience at all.I am afraid that I will fail.Although I have enough confidence to do that,I am still afraid of it and there are too many details to deal with.I need some advices and some consequence that will happen. Can you give me some good ideas and advices ? Whether I should to do that.Please give me your sincere advices.Thank you!
2 people like this
18 responses
@beaty28 (15)
• China
28 Oct 10
I think this is the most widely problem between graduates. Maybe they don't interested in the subject which learn in college, have not handle the basic skills to adapt the social. So i think the most important thing is to know which subject you most like, and then do your best to find relate jobs, come on
• China
29 Oct 10
Although I am studying electronics in campus,I want to do the other things also.
@sjlskl (3382)
• Singapore
27 Oct 10
If you think you have a brilliant idea, then you should go ahead and give it a try. You might be lacking in dealing with the business and social world, but if your product is good, people will still stick with you. As for how to startup, I do not know if it is a requirement in your country to register a company first, but if it does, then that is obviously the first step. Forget about looking for a location. Start it as a home-based business. This will save you necessary cost. Once that is done, start preparing the proposal and business plans. Once ready, then you should start the networking. Make sure your company gain as much exposure as possible. Nothings beat the mouth of words.
• China
29 Oct 10
Yes,you are right.The action is more important than eveything.
@thaMARKER (2503)
• Philippines
29 Oct 10
i'm not a business minded or at least a of the moment, im not thinking of going or being self employed in the next few years.. if you want to start yours.. check the area if what's hot and what's not. make sure the business will earn everyday or something that people needs everyday. and of course you must have knowledge about it.
@Hvaniday1 (550)
• Malaysia
29 Oct 10
Start small think big and dare to fail. If you have a plan, go for it! Take your weakness away such as afraid that will make you anxious in whatever you do. Treat this as one of your hobby and enjoy meeting people that's all. No advice, don't think of consequences because you are your own destiny. Enjoy! To your success
@kath83 (81)
• Philippines
28 Oct 10
First Question: What products or services would you like to sell to the market? Second: Will your product be the same as like in the market? Or will you be selling unique products? To be able to standout in the market you have to reinvent those available in the market, but with your own identity. Yes starting a business will always be difficult at first. I wanted to start my own business but factors like doubt, lack of funds, "will I managed it properly?" always crosses my mind. I am also afraid of failures, it also ironic that I came from a family of entrepreneurs. My mother always told me that it is okay to fail, with that failure you can learn your mistakes. Which most of the speakers advise in all of business seminars that I have attended. Right now I am positive to start my own business. Being positive is the key, always serve your customers with high quality products, remember to be loyal to your clients. Funding your business: You can ask for help with your family members, friends, relatives, and government banks that are helping small entrepreneurs. In the Philippines Micro-finance institutions are becoming popular to those who want to start a business but has lack of financial capability. sorry for the long response. but there are a lot more to consider when starting a business. Don't be afraid to try, maybe you might be successful with the field. Please do reply to this post so that we can clarify things. I am very eager to help my fellow ENTREPRENEURS to be. Thanks
@kath83 (81)
• Philippines
28 Oct 10
First Question: What products or services would you like to sell to the market? Second: Will your product be the same as like in the market? Or will you be selling unique products? To be able to standout in the market you have to reinvent those available in the market, but with your own identity. Yes starting a business will always be difficult at first. I wanted to start my own business but factors like doubt, lack of funds, "will I managed it properly?" always crosses my mind. I am also afraid of failures, it also ironic that I came from a family of entrepreneurs. My mother always told me that it is okay to fail, with that failure you can learn your mistakes. Which most of the speakers advise in all of business seminars that I have attended. Right now I am positive to start my own business. Being positive is the key, always serve your customers with high quality products, remember to be loyal to your clients. Funding your business: You can ask for help with your family members, friends, relatives, and government banks that are helping small entrepreneurs. In the Philippines Micro-finance institutions are becoming popular to those who want to start a business but has lack of financial capability. sorry for the long response. but there are a lot more to consider when starting a business. Don't be afraid to try, maybe you might be successful with the field. Please do reply to this post so that we can clarify things. I am very eager to help my fellow ENTREPRENEURS to be. Thanks
@paula27661 (15811)
• Australia
28 Oct 10
I am in the same position as you; I would like to start a business but have no real idea where to start. I decided on the type of business I want and that I am better off buying an established one as starting from scratch would be too expensive. I want to run a cattery so you can imagine the cost involved in setting up a brand new one! I know I will have to take advantage of the best opportunity such as a cattery coming up for sale and after that I have to take a huge financial risk and approach my bank for a business loan. That is the problem, it is a risk and I have to be ready to take that risk in order to move ahead. At the moment I don’t feel quite ready yet...
@alottodo (3056)
• Australia
28 Oct 10
Considering a business it's a very good start for your future, first you need a business plan of course! check around in your country what you have to do to make it legal, the paper work and all that boring [ but necessary ]staff that have to be done when you are setting your own business. Owning your own business is very exciting indeed but do not forget you will be the boss and the boss works very long hours, unless you have a partner to share the load it can be [ and it will] be very hard at the beginning so make sure you have your family support, that is very important! I can not stress that enough! I owned my own business once but I Am sad to say my family was not very supportive so at the end I had to give up. I really wish you the best please keep us informed how things go, I like to share on other peoples success.
@Cutie18f (9551)
• Philippines
28 Oct 10
If that is what you really want, then go for it. Business always involves risks. You could fail or succeed, it depends on many factors. Make sure that you have a passion for that sort of business you want to have. Start small.
@af007ktk (49)
• India
28 Oct 10
i will say that you should try to learn the real play of bussiness to reach your aim in the bussiness
• China
28 Oct 10
hello friend. no pains no gains . everything need our hard trying and working . no matter what you do . you must find its right for yourself . then just try your best to stick to the target you get . so don't worry about hardness. there is none any easy business for people but our trying . good luck.
@toniganzon (72285)
• Philippines
28 Oct 10
It is difficult to give an advice when you don't give specific facts regarding what to do and what kind of business are you referring to. I cannot just assume that you wanna get involve in selling, franchising, etc. Please make it clear, what is that idea. Is it an invention? Is it a product or service? Please give more details and your location too, because as what I've said, it's not that easy to give an advice when it's not clear.
@saqi78 (1402)
• Malaysia
28 Oct 10
As I go through your profile, you are from China and it is very easy to start a home based business in China, as I know most of my Chinies friend have their own home based business and they are getting more income from it. First of all, as you said, you have a brilliant idea, in my case study about your idea as much as possible, look for the drawback first, you know when you ll about to start business, first you ll have in mind that your idea is very good and you ll get income fastly but in real situation it takes time, even for a brilliant idea, to boost up. So for this you should have sufficient funds to put into your business and sufficient funds to remove the hurdles from your way. Money always matter, Money, idea and your efforts, collectively ll lead you to a good business man but always think the drawback of any idea or any business, never ever be greedy, this ll ruin your efforts, money and idea. So be calm and just take the first step from your home. In start invest some little money then gradually you can increase that money, in this way you ll come to know about the market and trend of people, and then you can formulate your product in that manner... Good Luck, have a Nice business....
@ika2010 (95)
• Indonesia
28 Oct 10
everything we do has a risk. if you thing what will you do is right why don't you just do that. just believe in your heart...GBU
@greenline (14838)
• Canada
27 Oct 10
There are many different ways to run a business online and offline. Yes, of course, one has to study the pros and cons of the different ways thoroughly before starting a business. There is always the risk in making investments. On line of business people often think of is import/export business. Countries have goods to export and need goods to import. Depending on where you are, you can check on the potentials.
@snowbitz (487)
• Philippines
27 Oct 10
putting up a business of your own is always a risk as the saying goes no guts no glory.First is you need to study the business that you want,the finances ,the location .You need to study also the expenses.If your going to start a new business better handle it own your own what i mean is be involve don't let your employees do all the jobs.get involve so that you know the business in and out by heart.And of course put up a business that you really like not just what is the trend today.Expect that the first few months will be rough.And also know when to quit when the circumstances is not favorable to your side anymore.Most of all have faith and pray
@pogi253 (1586)
• Philippines
27 Oct 10
Starting a business is one way of generating income.We all have different goals in life and to achieve them it requires self determination,self discipline,planning,courage and handwork.Knowing our talents and exploiting them to the maximum will help us in attaining our goals.For one to start a business he she has to be a risk taker because the business can succeed or fail. We all aspire to be our own boss and to have things under our control, this can be practiced if we start our own business. It is very important to do research on how to carry on the business.You can get ideas from the business community by interacting with business expertise. Have the necessary documents required to start a business by Inquiring from the chamber of commerce.Getting a mentor is also a great idea so that u can get more business ideas.The will to succeed and achieve your goal should help you to go about the business with determination.Though the success of the business will be determined by many factors it's always good to follow the necessary steps to ensure a success in your venture.
@kingparker (9673)
• United States
27 Oct 10
I also want to start a business of my own, but the most difficult obstacle will be the first bucket of gold. I need that money to start that business. That is essential, and I need that kind of money keep my business running. Even you have a brilliant idea, you still need endorsement, or sponsorship right?