How to encourage someone to start a business

Holicent

VIP Contributor
Have you ever wondered what it takes to start a business? Do you know someone who wants to start their own business?
If so, there are a few things you can do to help them get started.

Here are my top three tips for advising someone to start a business:

1. Be supportive and encouraging - You may not be an expert in the industry your friend or family member wants to start in, but you can still be helpful by being supportive and encouraging. If they are unfamiliar with the industry, offer to help them find resources that can teach them more about it. Offer to read their business plan or pitch deck and give feedback on how to improve it. Offer your network as a resource for potential partners or customers. Give them feedback based on your own experiences with starting a new business. The most important thing is that you remain supportive throughout the process; if they fail at least they will have tried and learned from their mistakes rather than never having tried at all.

2. Be honest - It's important for both parties involved that any advice given is honest and constructive rather than just positive encouragement regardless of whether or not it's true (thereby leading people down a path where they may fail). If they ask for feedback on their idea give them a honest answer.
 

Jasz

VIP Contributor
If you want to help someone start a business, you'll need to be prepared for a few things.
1. Be honest - You're not going to know everything about starting a business, so don't pretend like you do. You can help by offering honest feedback, but if they get frustrated or upset with your lack of expertise, then just tell them that you don't know the answer.

2. Be patient - This is a big decision and it's going to take time for anyone to make it. So don't rush people into making decisions and don't pressure them into doing something they aren't ready for.

3. Offer support - If they decide to go ahead with starting their own business, offer as much support as possible during this time of transition and change in life.

You should also take some time to discuss expectations. What's their financial goal? How much time will they need off from their full-time job when starting up? What will happen if sales don't meet expectations?
 

Yusra3

VIP Contributor
Encouraging someone to start a business can be tough. You want to show them how great it can be, but you also want to make sure they don't do it because you think they should or because they want you to. So how should you go about it?

The best way is by being supportive and encouraging. Let them know that starting a business is an amazing thing to do, and let them know that if they do decide to start one, there will be people who support them in every step of the way.

Being supportive does not mean agreeing with everything your loved one does or says. it's more about being there for them when they need it. It's also important not to pressure them into doing anything unless they feel ready for it.

And finally, if things aren't going so well for either of you, remember that businesses take time; patience is key!
 

Miki1

New member
Many people have what it takes to do well in business but it'll never occur to them until someone else encourage them to do. You can suggest business ideas to someone to try out. You can also support them. Been around someone and letting them know they can do it and even do it better is the best encouragement to give someone. Organizing business seminars can also ignite the enthusiasm in people to venture into business. Because seminars are good forums to share business ideas with people who may not have the knowledge in business.
 
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