What must first-time entrepreneurs do?

[Starmix]

Being a new entrepreneur excitement leads all the time in the way that it sometimes blurs the mind on what is the best planning before planting the seeds of your desired business or investment. They need to think of strategies for success. Success for first-time entrepreneurs must adhere to the following: Make an initial planning. Lack of planning is a big mistake. Visually organize your ideas. It means you need to see the pictures in your mind of the possibilities you will encounter along the way and how to combat them. Make good contacts. Doing this means you have the real target of your marketing for example. Don't stop learning. It is advisable for first-time entrepreneurs not to stop learning. Continue learning by doing, and refuse to quit. Only cowards quit. If you quit, you will never learn and become a big-time entrepreneur. Do what you believe is right.

 

[Suba]

In my opinion, the first thing a prospective entrepreneur must do is find a business idea, whether from habits, hobbies or work experience. After the business idea is analyzed and deemed profitable and has the potential to make a profit, the entrepreneur will then draw up a plan including the capital needed, target market, etc.

 

[Starmix]

There are many ways a new entrepreneur must do before starting. He needs to clarify his objective and mission. Also, he must see to it that his capital is sufficient so that he won't borrow money or loan in a bank in case there is a potential buyer.

 

[Kirubel]

True, all new entrepreneurs fist move should be business planning, and try to go through the planes we have developed before starting the business, and the next thing should be having a plan B which we can use f the first plan fall nd if we start losing our money.

 

[Starmix]

As a new entrepreneur, he might be restless about what to do unless he makes thorough planning before starting. He must ask veteran entrepreneurs to assist him. It is better be safe than sorry.

 

[Kirubel]

True, no matter they work harder and no matter they work their best if they don't have any plan then they will not get success and they will not get what they want in their business.

 

[eLdavis]

First time entrepreneurs must constantly focus on studying so they can increase their knowledge and experience.

 

[Starmix]

Startup entrepreneurs must acquire skills first on how to market their products, know their target market, and attitudes of the people in community where his business is located.