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Post one bit of advice for a start-up business

G

Goingitalone

Member
It would be great if we could all post just one bit of advice for a start-up business. I will kick it off!

Dont give in - most businesses dont make it past 12 months but those that do have an ever increasing chance of survival.
 
E

Employer

Member
You need to have a genuine interest in any business you set up otherwise you are likely to lose motivation extremely quickly if things don’t go to plan. No business ever has a smooth journey from day one so don’t expect one.
 
Needhelp

Needhelp

Active Member
Dont give in! If you decided to start a venture then you did it for a reason - dont fall at the first hurdle.
 
I

iMakeCalls

New Member
Keep things simple. Streamline your processes and keep good call records etc,
 
Wigwam Tog

Wigwam Tog

Ayrshire Web Design
The first question to ask yourself is why? This may seem odd, but I believe that if the motive for starting a business is just to make money, it stands a good chance of failure.

If the reason is because you have a specific knowledge and or a passion for the product or service you are offering, then there is always, in my opinion, a better chance of success if you apply that knowledge or passion into generating profit.

I am now 70 years old and have had many businesses in my lifetime, but none of them have been motivated by profit alone. A passion for the product or service has always been the primary motivation for me.

Always wanting to be better than your competition is a good start.
 
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