Sunday 16 February 2014

Entrepreneur Bio: Jeff Bezos

By Franklin Skribbit


In films you always see the Special Forces FBI agents portrayed as handsome, leading men, while the computer geeks stay inside with their glasses and their calculators computing how much time there is until the end of the world. As you might have guessed, this is not really the case in real life. Those computer geeks are actually forensic accountants, trained to track numbers to bust criminals for stealing enormous sums of money.

However, one of the key aspects to starting a business is understanding how important a good start is. Those who start their own businesses often feel pressure to succeed and hit sales quotas because they know that without a strong start, there is a high probability that their new business will fail. If you are planning on starting your own business, read through these tips to make sure your business has a chance.

Anyone who is planning on starting their own business who has done the least bit of research has heard the importance of having a good business plan. And the truth is that this point cannot be reiterated enough.

A business plan is not only invaluable once you start your business, but it also helps you plan for the eventualities your business will encounter. While you might be anxious to get your business started, make sure your business plan is solid before taking any steps.

While you may feel like your business has great potential, you need to make sure that others feel the same way about your products or services. Take the time to talk to other people and establish (first of all) if anyone is interested in what your business would offer.

If you do find people that seem to have a need for your business, then examine them. What sort of people are they? What do they like? What do they dislike? And how do you think you could get them to do business with you? These fundamental marketing questions may seem tedious, but they will help you build a marketing plan that will allow your business to attract customers.

Now that you have passed all of these exams, you can list all of your degrees, titles, and experience on a comprehensive resume that you will give to as many potential employers as possible. Hopefully at this point you have honed your skills as both an accountant and a researcher.

Instead, prepare yourself for the adventure by talking to friends or acquaintances who have started businesses themselves.

They can help you know what steps you should take and how to avoid mistakes that they made during their own experience. More than anything else, it helps to build a support network of people who know what you will be going through and how to help. So don't be shy, ask around.




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