The right start of your own business
The right start to your own business is to find a promising idea. A good idea is a guarantee of a successful business. Most businesses go bankrupt in the first year just for the reason that they are based on either no idea at all, or the idea has no perspective. 80% of success depends on the idea and another 20% depends on how and by which algorithm it is realized.
Analysis of the most expensive companies in the world shows that each of them is based on a stratum with a promising idea. In turn, an analysis of failed startups shows that they were based on an idea that initially had no prospects. All this suggests that you should not take on the first idea that you get and start a business on its basis.
If you want to start your own business was not at the same time its end, you should carefully consider the idea that will form its basis. It is necessary to conduct an analysis that will help to understand whether the idea is promising enough. Only if the analysis shows that the idea has very good prospects, it is worthwhile to engage in its implementation.
Business at its core is the materialization of an idea. If the idea materializes correctly, then the business is successful and brings money. When an idea materializes incorrectly, then the business does not bring success and draws all the money. The more incorrect the materialization algorithm is applied, the faster and in a larger amount the business makes money.
Materialization of the idea leads to the fact that money is created. This means that the right business always creates money. If a business only pulls money, then it is wrong and it needs to be rebuilt. You can even say that if a business is created correctly, then it will bring money with a 100% guarantee, and not spend and pull it.
The main problem of many beginning businessmen is that they confuse thoughts and ideas. An idea is an entity that is formed in the world of ideas, embedded in people, develops in them, and then motivates them for its implementation. Thought is a product of the human brain. In fact, thought is a reflection of an idea embedded in a person from his consciousness.
Many people start a business not with an idea, but with a thought, thinking that they start with an idea. Starting your own business not with an idea but with a thought is always a guarantee that a large number of problems will be received. This is due to the fact that the materialization of thoughts does not lead to the creation of money, but only to their consumption and, as a result, to the ruin of the business.
A business built on thought is incapable of creating money. Money is created in the process of transmitting ideas that are embedded in the business. The idea is broadcast, implemented in people, turns them into customers. Clients want to realize the idea and pay money for it. The translation of thoughts is capable of creating only like-minded people, from whom there is little sense.
Like-minded people can support them morally, but they won’t buy goods or services because they don’t have the right idea and they don’t need them in principle. Goods and services are needed only by people who have the right idea. They are a way to implement this idea. Without goods and services, the idea cannot be realized and therefore they are bought.
Starting your own business with an idea allows you to build a truly business, not a chimera. The advantages of such a start are that money is practically not needed at such a start of the business. They will be given so much that you can’t take it away. We need completely different resources, and the main one is the ability to properly develop the idea and find new ways of business development.
There is a lot of free money in the world and all of them are idle. Millions of investors will be happy to invest in a business based on a promising idea. Those who know what is the right start to their own business are investing billions of US dollars. If we talk about real examples, then one of the most striking is Ilon Mask.
There are few people who know what the right start of their own business is and this is a big problem for investors. They are looking for such people day and night. Anyone who offers a promising idea can count on billions of US dollars of investment. The more promising an idea is proposed, the more money will be received from investors.
Starting your own business can be successful with a good idea. However, the idea itself does not develop, it needs to be helped in this. To develop an idea you need technology. If there were enough good ideas on the basis of which to build a market at all times, then good technologies that allow these ideas to be implemented were always in short supply.