3 Important things you must before starting a business


Start a new business

There is simply no denying in the fact that an entrepreneur’s life is like a ride of a roller coaster. Here are some wise advice from experienced professionals who have established big businesses having start from the scratch. These advice’s would be useful to highlight—the kind of advice’s you must take while starting your first, or even second, business.

Don’t undervalue a business plan

If you’re not comfortable relying on the external funding at the start, it’s persuasive to skip drafting a formal business plan. However, investing your time in writing out the business plan, forecasts and marketing stratagem is an effective way to work on your vision. All planning should revolve around two vital questions: How will my business serve a specific need or demand of the hour, and does this correspond to a major market opportunity?

 Don’t get trapped in the past

Marketplace as well as your business plans should be considered as living entities; they’re constantly in flux. Whether it’s your first business or fourth in a specific market, you’ve got to keep asking: What new can we do today?

Don’t employ friends

Employing friends can create difficult situations when running a business. At times you will have to be reluctant to let employees go even though you know it’s not a good idea. If things aren’t working out between an employee and your startup business, it’s time to put emotions aside and believe that the person will stumble on a better opportunity elsewhere.

Don’t be fearful about failure

A business expert once said, “The greatest obstacle to success is the fear of failure.” An entrepreneur’s pathway is unexplored and sometimes a bit bumpy. It’s easy to get hassled or absolutely panicked, but you cannot let fear hinder you from chasing your dreams. Think of it this way: the quicker you fail, the closer you are to determining what works.

 

10 Exceptional habits of progressive people


habits of progressive people

Everyone wishes to progress irrespective of the field they are in. Progress is an addiction and a way of life.
We all have seen and met people who are on the oath of progress and don’t seem to stop! Well good for them but what about others? Have you ever tried to spot and follow the common traits of all the progressive people you’ve got a chance to meet in your life?
Yes here are some common habits shared by all progressive people that are not very difficult to imbibe:
1- Focus on what’s good
People who do well in life are the ones who look for and focus only in what’s good in the people they meet and the things they see. This helps then make use of that extra goodness in others to their benefit.
2- They take on responsibility
Progressive people are never scared of taking extra responsibility to do something. Also they don’t shy away from taking responsibility for some work that didn’t go the right way. They take responsibility for their right as well as wrong decision instead of trying to play the blame game.
3- They love to listen
They don’t think of themselves as the best in everything. They are always open to listen to the advice or recommendations of others before taking a decision. This inky helps them to progress with much more knowledge and wisdom.
4- They know how to adapt
Change is a part of life and it is best to accept and adapt to it with grace. This is exactly what progressive people do instead of sulking and brooding over changing situations and things It is better to adapt and make the most of the changed circumstances.
5- They focus on solution
Failures whine and cry after problems and wrong decisions whereas successful people focus on solutions to those problems. They always try to find solutions to seemingly difficult problems and situations.
6- They rise on time
Waking up when the sun is half up is a sheer wastage of time and no-one understands the value of that more than people who progress. Progressive people wake up early to meticulously plan the day ahead of them.
7- They ask questions
Progressive people don’t hesitate in asking questions. They pur up questions to themselves and others from time to time. This gives them a chance to improve in their mistakes and also find solutions to many problems with ease.
8- They have high morals
Progress is an alien term for people low on values and morals. And for people who progress moral and values is what they stand for and retain in every situation. They never compromise in their values for anything. They in fact make the same values their guiding principles to success.
9- They let go when needed
Hanging in to something that doesn’t yield any benefiting result is madness. To keep in doing the same thing with the expectation of different results is being unassuming. Progressive people never do that! Instead they let go when they know that a particular activity is only leading to wastage of time and effort.
10- They are forward thinkers
Progressive people don’t waste time in thinking about past failures and wrong decisions made in the past. They look ahead and are always ready for the future. They are self motivated and are focus on what lies ahead instead of what has already happened.