Starting your own business is a risky business. Of course, anyone wants to be proud of this over the years and tell the children about how dad achieved everything. In order to be successful in business, you need to learn a few rules that will lead to this.
So, the first rule. One must be prepared for ups and downs, successes and disappointments. Business depends not only on the leader and team, but also on objective factors, the actions of which cannot always be avoided.
The second rule. Before you start a business, you should pay attention to the current position. What is at the moment - only ideas, or means for implementation? What do we have at the moment - stable work, but without a growth prospect, or is the labor path just beginning? What do we want from the business - immediate profit, or can we prolong the result? Answers to many of these questions often turn novice businessmen back on track.
Before starting your own business, ideas must be carefully crafted. Raw material is unlikely to become benign subsequently. You also need to firmly assess your experience - if you already have achievements in this area - this is good, otherwise it will be quite problematic to achieve something. These sensitive issues include the issue of profit. Do not think that the first fruits in the form of cash bonuses will sprinkle, as if from a cornucopia, in a month. Statistics show that the first tangible profits begin to be obtained in two years, and before that, the business requires more investment than it gives profit. It is also worth paying attention to this and really assessing your strengths - can you work idle for such a period of time?
The third rule. Do not forget that you are behind a group of people whom you should provide with at least the promised salary, not to mention the super premium, interest, and more. In addition, there is a family of its own, the rights and needs of which should not be infringed. Before starting your own business, such positions should be calculated carefully.
Rule Four You should never be shy to seek advice. Of course, it was not the gods who burned the pots, but it is much better to learn from the mistakes of others than from their own. Therefore, always listen to the advice of "experienced", especially if they are given sincerely. Try to take an example from someone, be interested in the success stories of world business celebrities, read business forums, join community of like-minded people. Feel free to ask how to do business? Sometimes your own mistakes can be seen from the outside, which will greatly facilitate the matter.
The fifth rule. Do not mix work and home. Try to rent an office at a sufficient distance from the house and even more so do not make your own office out of the apartment. Close ones should be protected from meetings, calls and other business attributes - there is a personal territory, and there is a working one.
Rule Six “Properly organized work should be done on time.” This phrase does not indicate how to properly organize the work, and what is the chronology of “on time”. Nevertheless, these two concepts are inextricably linked with each other, they mutually determine each other. It is important to understand how to make a business systematic. Try to set a clear time for him. If it’s eight hours, work eight, but not at the expense of quality. If quality work is done in twelve hours, then it will be twelve hours. However, you should not do the work hastily for a couple of hours, then to chase the quantity. In this case, improperly organized work will bring only negative results.
Rule Seven Before you start a business, make an action plan for the week. Determine which hours or days are best spent on certain types of work (purchasing raw materials, working with clients , etc.), in which case it will be possible to significantly optimize labor.
Rule Eight. Choose what you will do. It is worth considering your own experience in a particular industry, the experience of employees, working methods, geographical component, demand for this product in the modern market.
Rule Nine. Decide on the form of ownership of the enterprise. It can be either a company of its own or a unit company - in shares with employees or part of employees. In this case, material interest increases significantly, since everyone gets a tangible result depending on their investments. However, one should also not miss the possibility of litigation between co-owners.
Rule Ten. Paperwork, relations with the bank and regulatory authorities, advertising. These little things fall not so much on the shoulders of the leader as on the team, so the success of this item depends on the work of employees. People need to be united by one corporate etiquette, corporate thinking, striving for results. Then the business has every chance to become successful.