Category: How to Start a Business
Did you know that many of the biggest Internet companies today were started in a garage? These multi-billion businesses had barely anything at the beginning, the most important thing for their success turned out to be simply a great business idea. Here are the stories of some of the most popular ‘garage start ups‘: Google The founders of one of the greatest Internet companies – Sergey Brin and Larry Page started the business in a small garage in California. They paid $1 700 monthly for the rent and spent there around 5 months. During that time, they actually created the...
There are many e-books and other online tutorials, that can show you how to start a small business or begin earning online… No matter what you plan to do, there is one thing, just one thing that is the most important for your success… And what is it? Money? No… Knowledge and experience? Maybe, but not exactly… Money and experience are important, but they are secondary. OK, let’s go straight to the thing. Believe it or not, it is so simple, that anyone can do it, but not everyone does it and this is one of the main reasons for...
The Basics Affiliate marketing is a multi-billion industry, you would probably be amazed about how widely spread it is. But what is this thing? Nothing that special, it is simply: selling other people’s stuff, that’s all! No need of fancy and complicated definitions. And it is also one of the most lucrative ways to make money online. It has made hundreds of thousands of people millionaires and many more make a living this way. But it’s not as easy, as a walk in the park… I don’t want to make such an impression. It is a business like any other...
Crowdsourcing is an interesting and relatively new term, though the history of the word is extremely old. “What is crowdsourcing?” is a common question for an interesting topic. This article discusses the answer to this question as well as provides examples that will help in understanding this strange word. Maybe, with this knowledge, you will even find yourself participating in a crowdsourcing project yourself. Once you know the criteria, you will better understand how plausible this scenario is. So, What is Crowdsourcing …? Crowdsourcing, a term first coined by Jeff Howe in 2006, is a tool used by organizations and...
Although I think that having a business plan is not the most important thing for a startup, I consider that it’s a really good idea to have one. When you sit down and start writing one, you will be amazed about how many things are not really clear regarding your business. This would be a good way to address these issues and make some optimizations. Also, it would be almost impossible to get start-up financing or a business loan without such a document. How to begin with your business plan Writing a great business plan, therefore, is a critical step...
Having a nice business plan is crucial to your business’ success. There is a popular saying ‘If you don’t plan, you plan to fail.’ Not only a business plan will help you understand your business, but it can help you find some mistakes you’ve made and made improvements in your operations. Also, there is no bank or a financial institution that will finance your venture without this plan. Writing in details about your business also will help you make the things clearer for you, revealing issues you haven’t thought about. Here is a simple tutorial about how to write such...
Starting a small business is a nice path to freedom, satisfaction, financial independence, and happiness. So, we will do our best to provide you with some nice information on this topic. We believe that by doing this, we can make the world a better place for everyone. Also, this is a nice way for us to learn more about doing business and improve our knowledge. Starting Your Own Business Starting a venture is not the easiest task in the world, but it is not hard, too. You should prepare for a lot of work, sometimes without seeing any quick results,...
Making a good business plan is essential for having a successful business, especially when you are starting up. You just need one, even the though it’s not the perfect or the most professional one. It’s the resume of your business, it describes how exactly your company makes money, which is crucial information for all of your potential investors and partners. Putting everything about your business model on a paper is something that not only will help you follow it, but also it’s a must if you want to find financing for your idea. Nobody invests in a company without a...
8 Things About How to Start a Small Business Successfully… Plan your business professionally When starting anew, you need to think over some crucial things. Even if one of them is the financial side of things, that is not the only item you can have well thought of beforehand by doing a good business plan. Even if you don’t need external funding in the very beginning, it is important to have such things mapped out in case you need it. The marketing plan is one of the important elements, too, but the most important thing is to know exactly how...
OK, so you’ve got a new business idea and are running with it. Good for you. Focus on your goal, and you can achieve whatever you want. But it’s certainly worth heeding some advice to stay afloat early on as there are so many new businesses that do the basics wrong. What happens to those startups? They fail more often than not. Carry on reading for tips to help you land on your feet but first, let’s bring you a couple of examples of very promising businesses that have greatly and unexpectedly failed just because they did it wrong. Smart...