Business

What Are Things to Know Before Starting a Startup? (adsbygoogle = window.adsbygoogle || []).push({}); The business world is huge and there is endless knowledge to learn but in this article, we´ll cover the most general and basic things that answers the question "What Are Things to Know Before Starting a Startup?". Things you should know before starting a startup: 1. Your product or service. You should have the best possible idea about what it is you are offering. If you cannot define it clearly or answer 20-30 questions about it from total strangers, friends and family, then you need to do some digging. 2. The market for that product or service. Who is your customer? Why would they want your product/service? What is your special differentiator that makes you stand out fr...

How To Maximize Productivity When Working From Home (adsbygoogle = window.adsbygoogle || []).push({}); This question does not require a lengthy answer but we have however gather the most important tips and answers on How To Maximize Productivity When Working From Home. Routine - treat home working like external working.  Set a routine and stick to it where possible.  You have the flexibility to deal with situations as they arise but don't abuse it.  Routine. Location - have a dedicated workspace and use it effectively.  It will put you in the mindset for working well. Distractions - the biggest problem you will face.  Take measures to minimise your distractions from accomplishing your tasks.  Only you can know how to work at an optimum level. Some people like mus...

Things You Should Do If You Want To Be Successful (adsbygoogle = window.adsbygoogle || []).push({}); So.. What should you do if you want to be successful. No matter who you ask, you will get the answer "Keep learning". Every so often, you should ask yourself, “Am I still learning?” If not, then it is time to switch jobs or schools or the people you associate with. What kind of learning? Valuable learning is usually self-evident. Learning facts is useful, if the facts are important ones (the US banking system, for example, vs the batting averages of baseball players). You should focus on learning things that can help you come closer to your goals and improve your skills. Skills are important, and similarly to facts, you can tell what’s important (e.g learning how to be a manager...

Things to Consider When Planning Your Marketing Budget The answers to this question will vary depending on your organization’s size, but the core concepts will stay the same. Key Concept: Determine Purpose Before Budget Size & Budget Size Before Allocation 1. What’s your purpose? Are you acquiring users fast in hopes of monetizing them later? Are you building a marketplace where supply side and demand side must be kept in equal size to work? Are you cracking into a new market where no one knows you? Are you disrupting, preserving or catching up? (hint: you’re often doing all three but one is usually ahead of the others)  Disruptors are heavy on acquisition and awareness marketing. Preservation marketing is heavy on thought leadership, sales enablement and ubiquity in your mark...

Things To Think Of Before Starting your Business (adsbygoogle = window.adsbygoogle || []).push({}); Coming up with sound investment ideas is as important as systematically carrying them out during the actual execution stages. Your question is as such vitally relevant for any inexperienced individual mulling over the prospect of starting a new commercial enterprise. Discussed below are some worthy considerations to weigh as you begin a new business. 1. Know Your Market Well You cannot achieve much out of a blind investment idea thoughtlessly carried out without any thorough study and analysis. Figure out the exact extent of your market reach. Have a deeper peek into the consumer traits of your likely customers beforehand. This is the only way to tailor-make your brand outloo...