8 tips for starting a business
entrepreneurship is not easy, many times we have some confusion, eager to get more guidance, in order to reduce the risk of entrepreneurship. Of course, every entrepreneur has experienced hardships, we are here to share 8 tips may help you solve problems, interested friends can look together.
1. you can’t do everything yourself. It is necessary to set up a team, because the time for a person to work is limited. The specific time to reach your limit depends on your other responsibilities. If you are a young single person, you might be able to do everything in one or two years. But if you have a family, your whole body will eventually destroy family relationships. But a team can continue to work while you’re away.
2. you may think your product is perfect, but your customers don’t think so. Listen to user feedback: your opinion may not be the best. The main point is to release the product as soon as possible, but also frequently released updates." You don’t know if the product on your hand is great until it gets into the market, and users are starting to complain about it. It’s like some of the contestants in American Idol (American Idol). They think they are brilliant, and so are their friends and family, but only when they are on a larger stage, their shortcomings are exposed.
3. do a good thing. Entrepreneurs tend to try to do everything or become omnipotent, but it is almost impossible to be a shop that sells bait, baby toys, and Beatles’s classic albums. To be exact, you can charge what you really offer. It is said that if there is a skill or service that can improve your core product, give it up.
4. less money is not sustainable. You think, "I don’t need to charge $150 an hour, I can charge $70, far more than I earn as a worker!" However, you may soon find that your "rich" charges can not be maintained. By the time you start paying taxes, paying employees, paying for a business license and insurance, $150 / hour looks more realistic. Win by quality, expertise, and your focus on niche markets, not price. If it is just a price war, the customer is always bargain price because you are less than the price of the company or the company, but you.
5. patience and flexibility will help you through the recession. ShortStack began as my web and graphic design studio side project. We are not a software development studio, but when a customer requests a software product, we do not say no. We took the trouble to expand the scale, partly because it was necessary to create a company without any debt.