Entrepreneurship

5 TIPS FOR ASPIRING ENTREPRENEURS

5 TIPS FOR ASPIRING ENTREPRENEURS

If the corporate life stifles you and you know that you are cut out for business then heed these simple tips before you start out.

1. Plan

Plan your business before starting it. You may want to lock down on your niche, your office address, your supplier etc. It is not necessary to quit the job immediately. Decide what you want to go for and how. Those who are good at execution rather than planning do the best. So, plan a strategy for execution.

2. Investment

Will your business need any investment? Even a social media influencer business requires a certain amount investment – time and money- both. So, evaluate how much funds your business will need. Accordingly plan how much time is still required to continue a job. 

3. Network and research

Before your business goes on floors you need to network with people from your industry. Understand your niche better. Get some hands on experience by working alongside a few people of your industry. Create a base before you build the manor. Network with the right kind of people so that you have a through idea about your industry.

4. Be a visionary

You need to understand that your business can’t flourish in a day. Even a seed to germinate takes time, your business is no different. So think from the perspective of the future of your business. Having a vision is important.

5. Balanced life Live a balanced life. A healthy being will give you a healthy business so make sure you and your employees have the work life balanced.  Even slightest disturbance can’t lead to things tumbling down like pack of cards.

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About Sweta Makwana

Hello All, I have started this blog with the purpose to share tax tips, Business insights and daily updates. Being a Chartered Accountant, I am always in love with numbers and business. Through my blog, I take up this initiative to bridge the compliance gaps and help business owners and professionals with tax, finance and compliance updates. You can always share in the comment section if you want any topic on which I should write an article. I will try my best to write it for you. Also, being a true entrepreneur at heart, I have added a stories section here wherein I curate some truly inspiring and motivational stories of people. Be it a story of girl, women or a guy who did not quit to follow his passion, the story of a mother, story of anyone who can really light the spark of entrepreneurship, a story that really has a message at the end, a story that motivates you to take step, to take massive action. Guys, the journey is always tough, but always remember the fruits of success would also be amazing. So, do connect with me if you have something to share with the world out there. Also, this blog would be updated every day with new tax updates and of course stories. Reach out to me on the mail id mentioned: caswetamakwana@gmail.com Thankyou all
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