What is the best advice you can give someone who is starting his/ her own new business?

the best advice , is to be carefull from the negative people around you .

dream

create your vision including stratigic goals

 calculate your risks , your pay back period , net present value , internal rate of return .

initiate 

plan

and go ahead , keep monitering and controling according to your vision & stratigic goals

1- Accept failure as a new start 

2- Have a plan and number of backup plans ... be flexible and agile  

3- Dream when you need to and be relastic when you have to

4- Read, read & read ... explore more and learn more ...

5- Focus on adding value more than generating income (especially in the first three years)

6- Spoil your clients, listen to them and show them that you care 

1. Always start small
2. Write down all your thoughts
3. Spend the longest time planning and researching
4. Try to break things down into tasks or minor projects, that way you can gauge your progress
5. Always be prepared for hiccups, and eager to solve them
6. Stay focused on what you wish to achieve and set timelines for yourself

 

Starting your own business is one of the most powerful ways to take control of your life and your financial situation. You set your own hours, pursue projects that you find fulfilling and meer interesting people. Best of all, you are responsible for how much you earn.

 

Thses are my advises:

1. 1. Self motivation

   2. Do It With Passion

   3. Determination in Business

   4. You can control only what you measure.

   5. think+plan+action = result

 

 

 

The below list is not organised by prioirty - actually each one is important:

- Start with an end in mind.

- Pursue a passion, not the money.

- Be superbly detailed, every single detail counts.

- Have all templates in place - you can use excel for pretty much everything until you start generating enough cash flow to purchase a ready or customise software.

- Be organised, from the very beggining.

- Know your competition.

- Identify a strong USP. Why would a smart business oriented person choose your service?

- Do not allow anyone to have access to funds unless you have your signed concent for each transaction.

- Be quicker.

- Provide AMAZING customer service - convert customers to advocates.

- Be diligent. Prepare for failure. Stand back up. Don't be negative. Keep going.

- Always be prepared to change your plans to go according to the environment... but don't keep changing it for every little reason, just those that really matter.

- Keep going.

 

Good luck!

Dear Fida,

 

 I’d like to share the lessons I’ve learned about starting a business as my advises, in hopes of encouraging you to get started making something you love.

 

1- Look for opportunities.

 

Keep your eyes open for opportunities — what pain points do people have, what problems need to be solved, how can you make people’s lives better?

 

2- If you can’t wait to get started, you’re onto something.

 

Every time I’ve gotten my best ideas, I get excited. I tell people about it. I might even stay up at night thinking about it. I can’t sit down for long from the excitement.

 

3- Start small.

 

People try to build their new business into a massive launch, but this is a mistake. Start as small as possible, giving a minimum viable product to a few friends, and let them test it out.

Then a few more people. When you try to do something massive at launch, you make it less likely that you’ll actually start, and you’ll take forever to launch, and you’ll build yourself up for failure, and you’re building something massive without any idea of whether it works or if people like it.

Launch is just one moment in the lifespan of a business, and it’s not even one of the most important moments.

 

4- Not starting is the biggest mistake.

 

The worst-case scenario — if the business fails — is not even bad, at least you got learn some valuable lessons along the way.

 

5- Start lean.

 

I started my businesses with zero money, and just found free or cheap services to start with. Only after I started making some revenue did I pay for anything, or hire anyone. Make money as soon as possible by selling something valuable.

 

Get started, Fida! You’ll love it.

 

 

Regards,

 

Hany Sewilam AbdelHamid

Head of Business Development

Entrepreneurship Coach & Consultant             

 

- http://www.sewilam.com

- facebook.com /Orkanza

- twitter.com /HanySewilam

In which u have some experience and easy approach and also according to Islam for  girls, never cross the limits of Islam by doing that business.

first you must know you capabilities an a business then understand the market you gonna be opreting in by identifying needs to be satisfied

Validate, validate, validate. The number of times entrepreneurs begin a project without validation is shocking. Get your first10-15 clients before building your project and things will work in your favor.

monitor your self ask for assistant some one has same business or experience person, keep all records screen every month and make plan,do serve go around look what is happening, so you can get idea, be happy always and care your employees talk to them ask for Chang for better...you will get success.