Starting a business from scratch.

CALVINDOL

VIP Contributor
We live in a world where majority of people think that is absolutely better for them to be their own boss than to work on her someone . It is absolutely true that being your own boss seems to be way more interesting than to work under someone because when you work under someone you become very restricted and you may have to be forced to put on a fake personality and what that means is that if you are not a person that fancy the ability of being punctual to work you in the it will have to be punctual in order to place your boss . Majority of people in West Africa getting into the ability of starting their own business from scratch and what that means is that they want to start the Business by themselves for themselves and to themselves . Starting a business from scratch is absolutely not an easy task but it can only be easy if you indeed have the necessary capital and monetary resources to aid you in your journey of achieving the offline business . The part in which you should be very much sensitive is the area of management . Managing and operating a business at the same time is definitely not an easy task that is why majority of people think that it is a good thing if the business collaborate with another business that is partnership .
 
Starting a business from scratch can be a daunting task. There are so many things to think about and so many things to do. I'll give you a quick introduction to starting your own business.

First, you need to come up with a great business idea. This is probably the most important part of starting a business. You need to have a good idea for a product or service that people will want to buy. Once you have your idea, you need to validate it. This means making sure that there is a market for your product or service.

Next, you need to create a business plan. This document will outline your business goals, strategies, and how you plan on achieving them. It's important to have a well-thought-out business plan before you start working on your business.

Once you have your business plan, it's time to start building your business. This includes everything from creating your website to setting up your social media accounts. You need to put in the hard work to get your business off the ground.

Starting a business from scratch can be a lot of work, but it's also a lot of fun. So, don't be discouraged, just get started and see where it takes you!
 

TOZZIBLINKZ

VIP Contributor
Starting a business from scratch is definitely not an easy job but although it could be easy especially if the person definitely has the required and the requisite authority and capital in order to establish the Business of his or her choice . Marjority of prominent businesses that we know today we started from scratch by their members and owners . An interview was being carried out by the owner of KFC it rain in the United States of America and according to the owner it was analysed that he started the KFC company at the age of 60 after carrying out various specifications and failing . He further said that it was his determination and the ability to know what he or she wants that absolutely prevails his business to be prominent and to be in the condition that it is in today .

Starting a business could be easy but managing a business may not be easy because managing a business requires the business community mental ability and mental capacity and also the requisite authority for him or her to arrange business activities in the best possible ways how to make sure that they gives what he or she wants and that definitely is never easy .
 
Starting a business from the ground up is a difficult task. You must come up with a business idea that you will enjoy doing so that you will never have to work another day in your life. You must conduct market research and get to know your competition. When you have a business idea, you must develop a business plan that includes, among other things, a competitive and customer analysis, executive summary, financial forecast, and marketing plan. Following that, you must come up with a unique business name, find a site for your firm, secure licenses and permits, and so on.
 

Mika

VIP Contributor
I can't say if it is possible to start a business from scratch if you want to do offline business, however, if you want to start an online business, you can absolutely start a business from scratch, you can start alone, without any help from any kind of people, you c start with zero investment, you don't need any investment, and you cn scale your business and mke it really big to bring you a lot of money.
Print-On-Demand: This business can be started with zero investment however, you need graphic designing skills to start this business because you will have to design products and product mock-ups.
Dropshipping and dropservicing: These are also free business models but you need to be an exceptionally talented marketer to drive sales on your dropshipping products and services.
Digital Products: If you are graphic artist, this is also a free business model that allows you to ern really well.
 

Sotherefore

VIP Contributor
I understand what you said . The most important thing we should be looking forward to achieve when we are starting a complete new business is the experience. We should just look forward to start it as a small business and grow the business to the standard we expect the business to be . That is how we can gain the necessary experience that will help us handle the business as the business progresses forward.

It will not be an easy task because a lot of research are to be done to know how to invest in the business profitably so that you don't lose your money .

When starting a new business from scratch , management is always the most important we needs to adopt . With improper management , a business may not likely be successful . You must be able to understand the demands of your business and what is needed to make it grow faster.
 

Holicent

VIP Contributor
Being a business owner is a lucrative endeavor. But purchasing one is something else different. Before making any decisions, there are a few things you should think about if you're interested in investing in a business. What sort of item is it? Is the product a breakthrough? Does it have the potential to be profitable and sell quickly? How much of your investment will you need to make, and how much will you earn back if the business succeeds? How much of your investment will you need to make, and how much will you get back if the business fails? What is the expected time frame for the returns? Are these predictions reasonable, or is this a pipe dream? Does the market exist for your product or service, or are you just trying to create one from scratch with no guarantee of success anytime soon?

Be sincere to yourself, you might not have answers to all these questions by yourself or as soon as you start, but you should have at least sincere answers to 79% of it. You can do consultations too. Don't invest if you are not convinced such Idea or business plan is worth it.
 
E

eldavis

Guest
Being your own boss does sound good, I believe this is why everyone wants to be their own boss. They can simply make the rules themselves, or do whatever they want at anytime. While being your own boss is a great goal to aim for, I think it would be best to start off by working under someone first. My reason for saying this is that working for someone is like killing two birds with one stone. You get paid while working for someone and at the same time you get the needed experience as well.
 

Rubz

Active member
It's really nice to be self employed and be your own boss. It would really save one from all the headaches of employers. Starting a business from the stratch isn't child play. A lot of effort, time and attention have to be out into it to make the business successful. Before one thinks of starting a business, one should first of all have a good business plan. This will help guide one towards managing the business.
One also need to have capital to start a business from stratch. Money is something we definetely can't do without. In other for one's business to do well, one needs funds to cover the day to say running of the business.
One also needs to think about employing workers. Since the business is still new, one wouldn't need a lot of workers. Although, one should employ hard working people so that the business will grow well and fast.
 

moonchild

VIP Contributor
Starting a business from scratch is very interesting because if you are passionate your business success then there will be nothing that will stop you from succeeding, starting a business from scratch is risky because you have to d a lot of things for the first time, like registering a business and also trying to get clients, this might be a new thing for you if you have never been involved in a business but with time you will be able to learn and gain more experience.

The hardest thing to do is to start, the moment you summon the courage to start then moving forward is no longer a case of if but when, think about it as starting a car engine, when you want to ignite it, it makes a revving sound and it also cranks, but the moment it is up and running, it moves smoothly and with less noise.
 

Miki1

New member
Starting a business from scratch is not an easy task. So much planning goes into it. Sometimes you have to do consultation and research to have a better concept of the kind of business you intend to go into. after all these is done you move to the next step which is accommodating funds to start the business. Then you think of acquiring a good site for the business. Because environment have an impact on businesses so you must look for a good environment that is nice for your business. Then again you start to acquire assets for the business. So all these processes takes time.
 
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