There are rules to what you do, and so is starting a business. From the business law natural friends, see these ten, suddenly remembered, some time ago and I talked with a boss content, basically the same. For example, "do not be afraid to make less money, as long as you can earn", such as "constantly looking for business opportunities and relationships" and so on, it is very useful. If you don't have a relationship, you have to find one, if you have one, you have to make good use of it, and if you care, you have to open up new relationships.
Rule #1: Start small, don't do nothing because it's small.
Rule 2: Start by earning a few dollars, as long as you can, and aim low first to increase your chances of success.
Rule 3: Keep improving your service and skills, keep expanding your business channels and keep increasing your potential customers.
Rule 4: Be good at thinking outside the box and keep looking for business opportunities and relationships.
Rule 5: Have a strong belief that something is worth doing if 3 people agree with it. By the time 10 people think it is feasible, there is no longer any need to follow the trend.
Rule 6: Use people without doubt and delegate power when it's time to do so.
Rule 7: Control costs to every penny and increase profits to the limit.
Rule 8: An indomitable will to fight.
Rule 9: Start a business with good ideas and be good at spotting business opportunities that others don't notice.
Rule 10: Prepare to the point where you are half sure you have to start going for it, ten perfect preparations are not possible.
The above are the ten rules, personal analysis of its rules to do item by item:.
Rule one, business start small, do not because of small but not for. This rule means it, the start-up phase of business should be done from a small business, do not rush, do not think about the beginning to do hundreds of thousands, millions of big deals, to start small, from the little to do, do not do because the business is small, the key is whether the business can do, whether it is suitable for them to do, is enough to generate profits! This rule is true for the vast majority of people. Since starting a business means having difficulties such as lack of experience, lack of capital, confusion about the market, lack of or inaccurate positioning, wrong estimation of failure or success. But all these difficulties need to be solved by the entrepreneur. Is it better to hit the market hard and then recognise the problems, or is it better to experiment with small businesses and gain experience bit by bit? The answer is self-explanatory. There are many billionaires in China that arose from the button, lighter and sock selling industries.
So, does every entrepreneur have to follow this path? No. This path is mainly for this type of entrepreneur: no capital, no experience, no project, no mentor, the only thing you have is a strong entrepreneurial heart. If you have the following conditions there is no need to start a small business: have the money, with strong funds to do the backing of the entrepreneur is to their own financial strength to do reference to whether it is a small business, if an entrepreneur has a million dollars of capital to invest, then 100,000 business to him is a small business, 100,000 used in the stall is a big business. There are a lot of entrepreneurs who start out doing big business because they have been working in the industry for many years and have enough experience and contacts, and when they want to start a business, all they need is a combination of resources and a control of the whole situation. Nowadays, as long as you have a good project, there is no shortage of capital and talent to help you do things. If you have such people to guide you in the process of starting a business, you will avoid a lot of detours, save a lot of time and money, and be able to go faster to success.
To sum up, do business from small, do not because of small and not for, should be discerning to see, depending on the person and the matter, small and large is based on the ability of entrepreneurs, the initial stage of business, or to do for entrepreneurs is a small business project!
Rule 2: Start by earning a few dollars first, as long as you can earn, the goal is set low first to increase the chances of success. In fact, this point is important for the one above, small business naturally earn a small amount of money. This rule it is advisable to adjust the mentality of people, do not be overly ambitious, a little accumulation of funds, experience a little bit of learning, self-confidence a little bit of the establishment, the water to achieve.
Rule 3: Keep improving your service and technology, keep expanding your business channels, keep increasing your potential customers. This is vital, because this is the way to develop and grow your business. Society is evolving and so is the economic environment. The customer base of the enterprise is also developing. If you are stagnant and feel that you have a certain number of old customers and old relationships, everything is OK, then this idea will only make your own customers eliminate themselves, because your services and technology have not kept up with the previous customers and cannot meet their needs. So, to keep up with the times, constantly improve their own services and technology, improve the quality of their services, walk in front of customers, and even guide customers, lead customers forward, so that the customer base must be solid, is able to bring profits and benefits to their own business. When the development of enterprises to a certain state will find a kind of top feeling, which requires enterprises to improve their own services and technology on the basis of the endless expansion of their business channels, Coca-Cola is always able to find new channels, and constantly bring new sales. Often participate in industry exchanges, industry information, in short, be a person of interest, but also may bring themselves a lot of potential customers.
Rule 4: Be good at thinking outside the box and constantly looking for business opportunities and relationships. This theory is a little bit mysterious, straightforward is to dare to imagine, for example, you can imagine how Zhou Mao and Bush dinner. Be open-minded, receptive and courageous to new things, good at connecting the dots between unrelated things to create a new thing, a new situation. Be curious about new things, discover new life in old things, in short, one word: live!
Rule 5: Have a strong belief that something is worth doing if 3 people agree with it. By the time 10 people agree that it is feasible, there is no longer any need to follow the trend. This rule is debatable and has to be seen in the context of specific things. But the main importance of this rule is in having a strong conviction! If the entrepreneur already has a good grasp of the matter and has a clear determination, he can let it go even if one person does not agree. One very important thing is: whether you do or don't do it, you have to have a strong conviction, not to do it at will. Do it and convince your people to move forward together. If you don't do it, convince your men to put their doubts to rest, to get off the ground and give up their illusions! There's another implicit layer in this rule, which is to be good at taking chances, seizing them, and not letting them slip away through procrastination!
Rule 6: Use people without doubt and delegate power when it's time to do so. This is a big issue involving human resource management, and the understanding of the rule is explained from the general direction: to develop the enterprise, the entrepreneur must do the hiring and release the power. One person, no matter how tough, cannot fight the whole world, and one person, no matter how capable, cannot do everything 24 hours a day, so for entrepreneurs, they must know how to employ people and delegate power. One person can hardly resist a thousand jin sticks, but many people pick up the material and the flame is high. Only by employing people and delegating power can a business become bigger and stronger!
Rule 7: Control costs to every penny and increase profits to the limit. This is a point that entrepreneurs should focus on, a business his mission will have a lot, a lot, but to achieve the mission of the enterprise, everything is based on profitability, based on the enterprise to generate good profits, so that the mission of the enterprise can be successfully achieved. For the initial entrepreneur is likely to go to these extremes: one, the love of money like life. The most obvious manifestations of this are: gouging employees' wages, gouging partners' interests, making the company unpopular, with a high staff turnover rate, a low partner support rate and a poor relationship between the whole team. And the internal wastefulness of the enterprise, the system operation of the costs generated by the bad ignored, the source of profits for the enterprise is not seen, the focus is on the drips and drabs, chicken feathers, the accumulation of these small costs will be very large, but if not a normal cost control, but in some places should not be keyed to give too much attention, but will affect the lubrication of the whole enterprise, making it difficult to get a good operation! Second, the excessive pursuit of profitability, where do profits come from? From the customer. But too high pricing will only make customers have a feeling of being cheated, who dares to come a second time? Third, big families don't care. You can turn a blind eye to the wastefulness of your business and let it do as it pleases. For all three of the above is what entrepreneurs should avoid, do not go to extremes!
Rule 8: An indomitable will to fight. This is fundamental to the success of the business creator! Entrepreneurship to succeed must have indomitable, defiant, dare to fight the will and perseverance! If you don't have this will, it's better not to start a business! Of course, you are not expected to hit the wall and not turn back!
Rule 9: You have to have good ideas and be good at finding business opportunities that others don't notice. With good ideas and business opportunities naturally improve the chances of success in business, but this is not the root, do not put the cart before the horse, some years ago the book "Golden Idea" is a best-seller, but so far have not heard of anyone rely on the Golden Idea business success.
Rule 10: When you're halfway ready, you have to start doing it; perfect preparation is not possible. This rule is also controversial, as it is meant to say that everything is difficult at the beginning, and that the rest can be corrected as you go along. But it can easily be interpreted as doing it on the spur of the moment, in the heat of the moment, without being prudent.
In short, these ten rules speak to many aspects of the entrepreneurial process, but must not be rigid, because there are many in the entrepreneurial process to pay attention to, to comply with the rules, the key is that these ten rules are easy to give people a misunderstanding!