Wednesday, 18 December 2013

How to start your own company or venture?




start your own company
Start your own company


If you are thinking of starting your own company then there is no good time to start a company. Start now, it does not matter who you are student or working professional.  Many successful businessmen started without any prior experience of running a website. 


Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. - See more at: http://www.excelliving.com/22-motivational-quotes-to-read-before-starting-a-business-2013-06-20-13176.html#sthash.oeY5rAjD.dpuf
Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. - See more at: http://www.excelliving.com/22-motivational-quotes-to-read-before-starting-a-business-2013-06-20-13176.html#sthash.oeY5rAjD.dpuf
Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. - See more at: http://www.excelliving.com/22-motivational-quotes-to-read-before-starting-a-business-2013-06-20-13176.html#sthash.oeY5rAjD.dpuf
Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. - See more at: http://www.excelliving.com/22-motivational-quotes-to-read-before-starting-a-business-2013-06-20-13176.html#sthash.oeY5rAjD.dpuf



"Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic."

Never be afraid to try something new. Remember, amateurs built the ark. Professionals built the Titanic. - See more at: http://www.excelliving.com/22-motivational-quotes-to-read-before-starting-a-business-2013-06-20-13176.html#sthash.oeY5rAjD.dpuf


What is the first step to start a company?

Start with an idea or by giving the solution of any real life problem. If you are fresher in this field then I will recommend you to start with simple idea.  Don’t start with any big or complex idea. If you try anything big then you will not only find it difficult to execute this but also you will lose your interest in starting your own company.  A paper clip is also an invention and has a million dollars turnover.  So start with anything simple.




If you don’t have an idea but has some skills and expertise then join a startup company in his early stage that need a person someone like you.



If you have already an idea to start a company then start acting on it. Here are the some steps which might help you to start your company.



      1)      Start with research. Research is most important thing prior to start a company. For a case, if you have any internet startup then do some research and get some statistics like how many people search about this by using Google insight tool or Google keywords tool.



      2)      After research figure out what are the things you needed to start a company e.g. money, human resource, skills, space etc.



      3)      Now start with limited resources and don’t worry about the money, skills, resources and support since nobody comes with all of these, all have to get all of these by themselves. In this journey you will figure out how to deal with all of these problems. As you go deep into this you will not only become more knowledgeable but also become a great leader.



      4)      I am assuming that you will make mistakes as we are human and we do mistakes. So as soon as you realize your mistake it will be much better for you. Most of the companies use fiscal year to evaluate their company growth and to know whether their new strategy works or not. So you should follow the same.



      5)      Don’t expect success in just few weeks. Every startup takes time to gets momentum.It needs continuous efforts and patience. The ideal time to judge a company is 6 months. 




After following these steps you can bring your idea into real company.  Now, to take your company to the next step you will need the help of some accelerator programs or angel funding.



There are so many startup accelerator programs in the world to help Startup Companies in their growth by providing them mentorship, resources, space and seed funding. If your company is in pre-revenue stage or earning some revenue then these programs are best for you.



Now if you are making some good revenue then you can also apply for angle investment to expand your company portfolio.





 "A business has to be involving, it has to be fun, and it has to exercise your creative instincts." ~ Richard Branson



 

See you soon with my new article. 

Tuesday, 17 December 2013

Want to be an entrepreneur like steve jobs



If you are here to read this article, then it means that you have already decided to be an entrepreneur and started your journey towards entrepreneurship.

Entrepreneurship 

 
entrepreneurship
Entrepreneurship

In simple words entrepreneurship means be your own boss. It is also true that this is not for everyone only for those who really wants to take risk in their lives and come out from their safe zones (i.e. Job which is a safe side). 


Entrepreneurship is something in the blood of few people in the world. There are lots of examples of the entrepreneurs who changed the world. What it costs efforts, passion for success, patience, ability to face hard time, some sleepless nignt and synergy.  Steve jobs, bill gates, Larry page and so many other persons proved that they are here to change the world and are the real entrepreneurs. So why don't you?

Steve jobs quotes


How to start the journey of entrepreneurship?



First and foremost thing, Believe in yourself this is the only key to be a successful entrepreneur and businessman.If you don’t believe in yourself then how can you expect others to believe in you. Second mentally prepare yourself for the journey; you are going to encounter so many obstacles, hurdles, pressure, failure, friends and family questions etc.



Stay focused and proactive are two main elements which are essential in getting success. And always remember that don’t expect anyone to make a way for you and lead you, this is only you and you have to make your own path which will be followed by others in future.



How to live your dreams is my best article to help you to face these problems.

 "You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions.” Steve Case, Co-Founder of AOL




Next article will be about ‘how to start your own company’.See you soon.