Category: Business motivation

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Business motivation

Manufacturing Business Ideas That Are Gaining Momentum & Will Thrive Beyond 2020

Creating something out of nothing takes almighty power. We are all about this power and this is what we will be talking about in this article. Yes, Manufacturing Business. Please steer clear of the thought that in order to make a difference in the world of the manufacturing business, you need to be a biggie like Jindal Steels. You can be whatever you are comfortable with and contribute to the industry in your own tailor-made ways. 

This motivation behind this article is the various reforms as well as shifts that have taken place in 2020. We will introduce you to some manufacturing business ideas that you think of stepping foot into to satisfy the manufacturer within. Buckle up, the ride is about to begin.

Accessorize, Accessorize, Accessorize

Making fashion jewelry and fashion accessories is slowly emerging into this big industry that is believed to grow tremendously. The reason behind this is that the fashion choices of today’s generation are changing as they want to buy something that doesn’t cost them a fortune as well as is much easier to wear on a daily basis. Some smart entrepreneurial minds out there encashed the opportunity and have met with success. You too can be the next big thing in this industry if only you have the eye for detail and creativity.

Let’s Talk Environment Friendly

It’s high time we as humankind started thinking about the environmental changes that have already started to raise their head. Thankfully, today’s buyer is much more conscious about what they purchase and what they use to carry these environment-friendly products into. Yes, we are talking about environmentally friendly carry bags or high-end fashion bags. If you have the skills to provide quality with finesse, this is the business that you can tap on as the demand is continuously increasing!

Organic Personal Care Products

We all have to learn from the success of Mamaearth that a good quality product that is made naturally and marketed effectively can change the entire game of your business. If you are into health and wellness, you can dabble into manufacturing personal care products that are all organic and natural. Considering there are a lot of brands out there that call them “Completely natural”, the truth can not be far from it. Jump onto the opportunity and give the consumer what they really want and see your business thrive.

Let the Craftsman Take Charge Now

Now that the nation is all Vocal For Local, It is the best time for you to start that local handicraft business that you have always been so passionate about. The cherry on the cake is that the government and a few giants are also actively participating in the campaign by introducing and supporting local businesses that represent Indian craftsmanship. 

We understand that it is easier said than done. Setting a manufacturing business in India isn’t as easy as one would want it to be. However, we Indians have remarkable resilience, vision, and determination to cross any hurdle. Just try to focus on coming up with a viable idea and a perfect execution strategy to back it up.

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Business motivation Finance

India Emerges As Top Choice for Future Investments in the Next 2-3 Years: Survey

New Delhi, October 14: Business in India that have been severely affected by COVID-19 this year, have been limping back to normalcy over the past one month or so. Reports inform that India is believed to emerge as one of the top three choices for overseas investments in the next 2-3 years, a CII-EY FDI survey report showed on Tuesday. According to the survey, India is the first choice for future investments for more than two-thirds of the MNC respondents. The CII-EY FDI survey also showed that 25 percent of the respondents, who represent non-Indian HQ MNCs, view India as the first choice for future investments.

The report said more than 80 percent of all the respondents and 71 percent of the non-Indian headquartered respondents plan to make investments globally in the next 2-3 years. Moreover about 30 percent of companies are planning to invest more than $500 million. About 50 percent of the respondents see India among the top three economies or leading manufacturing destinations of the world by 2025.

According to a report by IANS, the respondents have picked market potential, skilled workforce and political stability as the top three reasons to make India their favoured destination. The other key factors which contribute to the attractiveness of India as an investment destination include cheap labour availability, policy reforms, and availability of raw materials, the report said.

“Recent reforms in the country such as corporate tax cuts, ease of doing business measures, simplification of labour laws, FDI reforms, and focus on human capital have emerged as the top drivers for fresh investments,” the report said. “Non-Indian HQ MNCs have also opined that major investment in infrastructure and 100 Smart cities as well as financial sector reforms will also help establishing India as a favourable destination for FDI,” it said.

The survey brought out some key recommendations sought by the respondents. The report said infrastructure development, faster clearances, and proper implementation of the improved labour laws and labour availability as the top three issues that the companies want the government to focus on, followed by R&D and innovation, and tax reforms. “In terms of trade policy reforms, investors would like to see a faster turnaround time for exports and imports, improved cargo handling, and trade facilitation measures to be in place”, it added.

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Business motivation

Time to Bounce Back With Inspiring Motivational Quotes

Times like this, anyone can be distorted and feel low. When everything and everyone struggling with the loss happened due to an unexpected and uninvited guest, COVID-19. As a business owner, it’s tough to keep yourself motivated, and keep your team motivated can be difficult, at times.

You feel like you are going outside your comfort zone to run a business, but you are still not much satisfied. This dissatisfaction makes you enter the fear of loss web where you fear in all your activities. Entrepreneurship can be rewarding, but you may fail, sometimes before tasting success.

So, here we came up with great motivational quotes by great people, who can motivate you, encouragement, and spark you need to keep you going when things get tough.

Let’s have a look few motivational quotes for you…

When You Are Looking at Entrepreneurship and Success

When you step into business, it’s itself a big decision to make. If you belong to non-business background, it may be tough to explain the situation, feeling you’re going through. They’re a lot of preconceived notions for all entrepreneurs, but they are all not true.

Here are the business success quotes may help you to be motivated-

“You have to see failure as the beginning and the middle, but never entertain it as an end.”-Jessica Herrin, founder, and CEO of Stella & Dot.

“I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.” Mark Zuckerberg.

“Chase the vision, not the money; the money will end up following you.”–Tony Hsieh, Zappos CEO.

At Times When You Feel Discouraged

For being successful, one needs to be courageous and persistent. Sometimes while doing your best, results are not the same as expected that should not pull you down. These inspirational quotes on business will remind you that failure and hard times are not bad, all the time. Sometimes failure teaches you a great lesson.

“It’s fine to celebrate success, but it is more important to heed the lessons of failure.” Bill Gates

“Only those who dare to fail greatly can ever achieve greatly.” – Robert F. Kennedy.

“I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas A. Edison.

For the Women in Business

Being a woman who runs the business, you face different kinds of challenges. You need not only fight for the position in the society but also the norms made only you to follow.

You have a never-ending struggle to balance work and family. You need to good role model at your home and work-life. So, we are here to come down with great inspiring quotes for all the women in the business world.

“You will be defined not just by what you achieve, but by how you survive.”- Sheryl Sandberg.

“Stay true to yourself and your vision. Don’t let anyone person’s opinion move you; listen, but be confident.” -Amanda Kahlow.

“I was once afraid of people saying ‘Who does she think she is?’ Now I have the courage to stand and say, ‘This is who I am.’” -Oprah Winfrey

Sometimes we find a source of motivation from others and sometimes motivation inside you. You just need to believe in yourself and need to bounce back with a positive mindset. Still, if you need little motivation, we have listed a few for you.

 

 

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Business motivation

Reasons To Hire A Marketing Agency That Will Help Your Business Reach Its True Potential

Every organization that is in its growing phase knows the importance of marketing the business in the best possible manner to explore future business opportunities and build a community of like-minded groups. However, there might be businesses that do not have an in-house team that specializes in marketing which ends up taking a toll on brand awareness and growth ultimately.

Sometimes new businesses are so caught up with other tasks that they lose touch with the latest trends and technologies that have been doing the rounds. This is exactly where a marketing agency comes into play. This article will help you realize the importance of a few such benefits that a marketing agency offers a business.

What Is The Role Of  A Marketing Agency?

Let’s understand what a great marketing team consists of. A great marketing team is built of members that are skilled in various areas of marketing, be it Branding and Design, Web Development, Event Marketing, Media planning, Search Engine Optimization, Influencer marketing, or email marketing. The list never ends. 

Hiring a marketing agency that offers all these services under one roof is a dream come true for any entrepreneur that wants to see their business make a name for itself. When you reach out to an agency, they will give you a gist of the strategies and plans that are tailor-made just for your business. Speaking of which, you do not have to choose everything they bring to the table rather opt for a select few that will work well in your favor.

How Does A Marketing Agency Help Your Business?

There is not just a reason or two, but several great reasons considering which you should hire yourself a full-service marketing agency, such as

The Enriching Experience And Skills

One of the very important reasons why you should consider a marketing agency is because of the unmatched talent and unparalleled experience they have in this field. A good and reputed marketing agency has a credible list of clients and projects that were made successful by their team. They will do nothing but the best to market your business in the best way.

The Flexibility

Unlike your in-house team, you don’t have to think about hiring, firing, or training resources as the scale of your operations fluctuates. A marketing agency gives you enough flexibility with regard to the resources and budgets your business can/wants to afford.

Fresh and Viable Ideas

The marketing agency will take full charge of how and in what direction the marketing strategies will go. With the help of versatile talent they have and the unmatched experience, they will provide you with free perspective and viable ideas that you could never think of.

They Will Show The Results

One of the best things about a professional team is how organized they are and rightfully so because this is what their role is; to achieve the results and quantify them skillfully with the KPIs. You will have a clear picture of what all you have achieved to date.

Trend and Tech

They are always caught up with the latest trends and technologies and can play to this strength to promote and market your business as efficiently as possible. Also, a good marketing agency is always loaded with amazing tools and software that will help speed up the process and increase the productivity

You were looking for one, we gave you five solid reasons to consider hiring a solid marketing agency that will change the game for you. Choosing the right marketing agency can help you showcase your products/services efficiently in front of your prospects. Just remember that the size of the marketing agency doesn’t matter as much as the relevance you share with them. Good luck.

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Business motivation

Cost And Worth: Know How To Make Your Coffee Business Idea Worth Investing Your Hard Earned Money In

Is it a good idea to invest your hard-earned money in the coffee business? Is it a good business to start in India? If you are also someone who is struggling to find answers to these very important questions, then we might have something for you that could help you shape up your decision whether you want to start a coffee business in India.

The Indian market is now heavily dominated by millennials who have clearly fallen in love with their beloved beverage, coffee and have made it an essential part of their daily life. Considering how deeply it has made it into the lives of people, the Coffee business is anything but a flop idea.

How To Organize Your Plan For A Successful Business Ahead?

Think about the time a coffee shop attracted you so much that you could he;p yourself but check out the place and ended up having a delicious cup of coffee. What made you enter the shop? What attracted you to that cozy small cafe rather than the coffee giant like Starbucks? The answer lies in how well that coffee shop was organized. The answer lies in how well the owner has used branding cues to make their business strategy successful. 

Coffee isn’t just a beverage, it’s a culture. It’s a culture that we millennials breathe. One might not always visit a coffee shop to drink coffee, there may be several other reasons like a small get together, meeting your friends, catching up with your loved ones. In order to encash these opportunities, always put yourself in the place of the customer and think what exactly is that you are expecting. How would you want yourself to be treated? You will have all the answers that will help you pen down a remarkable strategy that could never go wrong.

Conduct thorough research on already existing coffee shops/cafes and learn a thing or two from them. Know what are the prices that are being quoted to the customers. Please put a lot of thought into the aesthetics of your cafe to match the cozy vibes of this wonderful comfort beverage. Make a detailed plan most importantly for you to see how exactly things are going to fall into place. Give a sincere thought to your goals, financial projections, staff, resources, suppliers, execution, vision, and mission. Make a detailed floor plan for your employees as well, think as an employee of all the things you might need to run the day to day operations. If everything seems fine, you are good to go further.

How To Increase Profitability?

What should be the next goals you should focus on after launching a coffee business? Work on maximizing your profits. But the needle always sticks at “how exactly”. Worry not, we will tell you about a few things to consider to make your business not only survive but thrive. 

The funda of maximizing your profits lies in the reduced operational costs and increased revenue. NOw focus on how you can achieve it. The most effective way to increase your profit is to focus on your A grade customers as well as the frequent visitors. These belong to that chunk of the customer base that will benefit you financially as well as help you publicize your business purely through word of mouth and we all it works wonders. Secondly, take a close look at all the operational costs that your business is bearing. See what are the areas where you can work with cutting the unnecessary costs for it to add to the profit margin.

Keep a strict quality check and run a close inspection every few weeks to ensure a smooth operation and happy guests. Train your staff to be employee-friendly and teach them the importance of hospitality.

A coffee shop business is surely a viable idea to work on but the extent of his success completely depends on how far you will go to make it work. Always remember that hard work and smart strategies neither go out of fashion nor in vain. So, don’t get scared of how long the journey is, rather focus on how to make this journey worth you while with your hard work and dedication.

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Business motivation

Marketing A-Z: An Easy And Effective Guide On How To Build Your Marketing Business

Marketing is the name of the magic that keeps a business alive. It is the art of building a community that will later pay off in the form of potential customers. Knowing that marketing is the pulse that keeps a business going, businesses are ready to spend a hefty amount of money on the relevant campaigns. This guide will take you through all the aspects of starting a marketing business in the most practical manner.

Unfortunately, there are many out there who call themselves great marketers promising unreal deliverables. With the help of the steps below, we are trying our best to show you how you can build an extremely effective and credible marketing business from scratch.

Don’t Underestimate The Power Of Good Research

It has been rightfully said that learning and educating oneself is a lifelong process because learning could literally never stop. Some of the very successful leaders around the world will surely vouch for that. So, take it from us and start conducting a study/research on what marketing is all about. What does it have in store for you? How are your competitors performing? What could be your area of expertise? All this is very important to ponder over before you even begin to think about starting a marketing agency/business.

Find Your Grounds, Find Your Niche

The market is a very big world where one could really get lost. However, finding your niche in this big intimidating world could serve as your anchor, would boost your confidence, and will allow you to focus on a particular section of the market rather than half-heartedly pitching everyone. So, our advice would be to find which is that part of your target market that you are most comfortable with and start planning your business around it.

Keep A Close Eye On The Competition

We do not ask you to constantly spy on your competitors, but to observe them keenly to learn how they have been able to retain their position in the market. Once you start observing your competitors, you will get to know what are the strategies that they are applying in order to make it big in the world of marketing business. Narrow down your competition and learn one best strategy from the to later apply in your business or if you can give it your own spin, even better.

Build A Website & Portfolio

To be very honest, in this day and age of the digital era, it is more important than breathing to have a website of your own that screams your personality, speaks to, and attracts your prospects. Work on finding a domain name and hosting service for your website. Once it is done, showcase your best work to date in the most promising manner to earn the faith of your customers.

Let’s Talk Money

What good is a business is it does not have a good business model to back it up? Please ensure to build a viable business model according to the scale you are planning to run it at. If you are new at it working as a contractor or have smaller tasks to do, you can work charging per hour. Whereas, if it is big business, you might want to consider a flat retainer model where you will charge the client monthly.

Spread The Word

Now that everything seems to be in place and looks well taken care of, it will be the chance for social media to take the spotlight. Social Media will help you spread the word that the business has come into existence and is ready to provide its brilliant one of a kind service.

You now have an outline of how you can go about a plan to start your own marketing business/agency. Sure, you will face a few bumps here and there on the journey but they will only make you better and more experienced at what you do. Just follow these steps, and you will eventually find yourself on the other side that is successful, fulfilling, and inspiring.

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Business motivation

Sell Coffee Online: Steps To Launch A Successful Online Coffee Business

 Believe it or not, this is something new that is becoming more important to millennials than just food, clothes, and shelter. Coffee! Yes, coffee has been so deeply integrated in our day to day life that it seems difficult to survive without this magic potion.

Online Coffee Business, especially, has been becoming very successful amidst this pandemic as people have shifted towards ordering a hot brewed coffee online, rather than going to the coffee shop themselves. Keeping all this in mind, we will introduce you to what all it takes to launch an online coffee business.

How Exactly Is Online Coffee Business A Profitable Idea?

We all know that Money could be the most important and efficient motivator when it comes to starting a business. The online coffee business, too, could generate greater revenue if done in the right manner. With a very high number of people who consume this beverage daily, if not several times a day, there is a lot of scope to gather a huge customer base for your business which would end up in some very high profits.

On top of everything, you will have the advantage of branding cues that you can use in the most creative and innovative manner to attract customers to your sweet little brand. This is because when it comes to a high commodity product like coffee, one generally goes for branding cues rather than leaning towards a very well established brand promising the best quality product.

All You Need To Know To Start An Online Coffee Business

With all these steps mentioned below, we will put our best foot forward to make you understand what are steps to follow if you want to start your business from scratch.

Decide If You Want To Take Full Control Or Would Prefer Dropshipping

There are two ways you can operate your business. One is by using a third-party manufacturer to outsource and store the products you sell, known as dropshipping. The other option is to take full control of the business and sell your products directly to your customers online.

Take Your Time Finding The Best Supplier

Never settle for an average supplier that “just works”. Do your research and find your business strong support in the form of a great coffee bean supplier. It is very important because no matter how you try to save your business with the help of amazing marketing strategies, it’s the quality of your product that will decide the fate of your business.

Decide Your Products Wisely

Based on where you are starting your business and what are the demographics you are targeting, it’s very important to decide what all are the products that you want to sell. Just Coffee beans and beverages won’t do, you will need to add some more interesting products. Now it’s completely up to you if you want to sell snacks that go with your coffee or coffee-flavored items.

Build Your Brand

Building a brand is very crucial for your small business. You need to find out your target audience, work on developing a tone of voice and an online personality, think of the perfect name, design a catchy logo, as well as innovate a tagline that speaks volumes to your customers. 

Set Up Your Store Online And Let People Know

When all this is done and the concept of your business is crystal clear to you, you will need to build an online store. Make sure this online store has all the information your clientele may need. Once you build the store, let your current clients or the potential prospects know that you are open for business.

We hope that with this basic outline, you will be able to see a clear picture of starting an online coffee store. These topics broadly cover all the aspects of launching a successful coffee business. Now, we’ll leave you to ponder over it and realize the true potential of this business because, in coffee, the world trusts.

 

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Business motivation

You Can, You Will – 4 Solutions For Women Entrepreneurs to Ensure Business Growth

Once you believe in yourself to make sure you can lead your team on the road to success, with your leadership, then you can take your venture to the heights. In the past few years, women entrepreneurship has experienced significant growth. Women make up nearly half the population in our country, still only 14 percent of businesses run by women.

By the efforts done by the government focusing on women entrepreneurship, there is a huge path forward for women entrepreneurs of tomorrow.

Let’s have a look at some of the steps for women entrepreneurs to kick start their business.

Assuring your Finance Access

A major setback for women who run a business is access to finance. Generally, women face difficulty in finding to come up with guarantors for the loans as the most assets are under their name. As we know, both banks provide collateral-free loans to women entrepreneurs.

But information regarding this tough to access and make it a huge challenge to secure these loans. Here when technology solutions should be provided and given complete knowledge about it.

Ensuring Constant Skill Development

Skill development is important for everyone as it enhances your productivity and gives you the right direction. Being an entrepreneur skill is a significant factor, therefore ensuring to provide knowledge and skills for yourself is important for running a successful business.

We need to provide a digital solution through online courses centric solution for women entrepreneurs. In the times where formal education can be a challenge to balance in day to day life, but technology solution provides an opportunity and make learning easy.

Bring Women Entrepreneur Online

As per the few studies, only 30 percent of female entrepreneurs use the internet, and less than one-third of Indian MSMEs are online. Bringing them online will provide immense opportunities for them to reach out to their target audience. This solution allows women, entrepreneur to access to online learning, bring their business on the social media platform, and access to government e-services.

Therefore, one step can bring so many solutions to benefit women entrepreneurs.

Catering Specific Requirements Of Indian Women Entrepreneurs

Today in our society where women entrepreneurs face not one but many hurdles and challenges which is not yet addressed. Providing solutions to these problems can help them in their growth as well as business.
Currently, available technology solutions can provide adapted to address their needs and problems which they face every day.

Helping women entrepreneurs will not help in their venture growth, but also their personal growth too. By leveraging, technology and connectivity will help them to work from home and cancels long travelling issues. These are a few solutions that can help women entrepreneurs grow in our country and give a platform to show their great leadership skills.

 

 

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Business motivation

Tips to Help You Smoothly Run Your Small Online Business

Technology and the internet have changed our lives in many unthinkable and unimaginable ways and nobody is complaining. The reforms that have been brought as a combined result of the internet and technology is nothing short of a revolution. Now the internet is not just a medium to entertain yourself, it has become one of the best ways one can make money.

This article is all about us helping you with some amazing tips to run a successful online business. So, let’s dive in together to make the most of this connected world.

Keep An Eye On The Trends

Social media is a world where things, patterns, and trends evolve and change in the blink of an eye. If you want to make the most of the digital space, you ought to keep an eye on the latest trending. These constantly evolving trends on social media will help you keep up with the newest ways to market your business as well as with the branding.

Persistence Is Key

Let’s all be real about success. Although it comes easily to some, others have to work their hardest for quite some time. It is in the public domain now that for a business to become profitable, it at least takes somewhere around 4-5 years. Yes, that’s how long it takes to be somewhere closer to what you call a successful entrepreneur. We suggest you take inspiration from the success other businesses are achieving rather than comparing your progress with them and demoralizing yourself. Promise yourself to be persistent and never give up because even Rome wasn’t built in a day and your business is no exception.

Always Stay Connected

Yes, dear readers. There is no point in starting an ONLINE business if you can get yourself a speedy internet connection 24*7. We say 24*7, because an online business is something that never sleeps, well mostly. Before you even think of starting an online business make sure that you have a great internet connection because your livelihood is going to depend on it.

Keep An Eye On The Competition

No, we do not ask you to wake up the green monster also known as jealousy, we simply ask you to observe and keep a track of what the competitors are doing. These observations won’t only make you in the loop of what’s new that your competition is practicing as well as it helps you learn what are things that have been done wrongly by them and you can learn your lesson. It is as simple as that. Invest in a social media monitoring tool to stay aware of what your competitors are up to.

Maintain The Online Reputation

Maintaining your online presence and reputation can play an important role in maintaining and showcasing a positive identity amongst the netizens. Now that even the smallest of the business understand the importance of online reputation management, digital marketers are investing a good amount of time controlling what’s being published around their brand in the digital space. Again, investing in good social media listening tools could be important as it helps you stay in touch with each and everything that is written for and around your brand.

The technology, smartphones, and basically the internet has changed the dynamics of the business world. Businesses are constantly evolving with the necessary changes which are very crucial in order to not become obsolete and always stay relevant. We will leave you with these tips that will help you do just that. Good Luck!

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Business motivation

Goldmine For New Entrepreneurs: Business Tips From Successful Entrepreneurs Around The World

Building your own business brings along a sense of financial freedom and achievement which can be expressed in words. However, the journey to this sense of achievement and financial freedom is anything but easy. Any entrepreneur worth their salt would vouch for how much it takes to build a  business from scratch.

Some very useful business tips from some very successful entrepreneurs around the world will help you understand the essence of entrepreneurship to help you understand the concept in its entirety. 

Put Yourself In The Shoes Of The Customer And Try To Fill The Gap

Time and again it has been said by many that in order to come up with a world-class business idea is to look into the gaps between the market and the consumer. First and foremost, try and put yourself in the position of your target consumer and think about what’s the need of the hour and how can you help fulfill that need. Observe your surroundings and the environment and try to find your niche with the help of which you can serve society!

Observe And Learn

When a brilliant idea strikes your mind, you get on the top of the game to start executing the idea as soon as possible. However, that may not be the wisest of the decisions. In case the business idea belongs to a field or domain that you are fairly new to, it is advised to get some hands-on experience first to understand how things work at the grass-root level. Even for a rocket to reach for the stars, it has to find its ground first.

Lend That Feedback An Ear

No matter how confident you are of your idea and planning, hearing what your near and dear ones have to say could really be beneficial. They will give their feedback from the perspective of your future prospects. How could that not be beneficial? With all the valuable feedback you can make appropriate changes to give your business a chance to shine even brighter.

Nail That Execution

Businesses often try to hire people with super high creativity level but tend to forget to hire those who actually have the ability to turn that plan into a reality by seamless execution. Execution is that very stage where most of the businesses feel overwhelmed due to how underprepared they have been throughout the planning phase. Don’t let your business entrap in this situation and try a striking balance between planning and execution.

Market Your Product Only When You Are Absolutely Prepared

New businesses often tend to make a mistake by spending a huge chunk of money on the marketing campaigns without being absolutely sure of the product/service or the ways they are going to measure the performance of the campaigns. That’s a big No-No! Go for these extensive marketing campaigns only when you are prepared with your marketing goals and the KPIs to measure the success of your campaigns. 

Establishing a business while emerging as a capable leader is already a task daunting enough that you can use all the advice that people have to give to you. If you are selective with your approach, go for seeking advice from the people who have already aced the game, the experts. You have nothing to lose but a lot to gain from the wisdom the experts have.