Showing posts with label business tips. Show all posts
Showing posts with label business tips. Show all posts

Tips to start a successful small business

I share tips to start a successful small business small business.

1. There is always a market
Even if you think the competition is so tight in fact there is always an opportunity. The problem is whether you can recognize it or not. How to catch it is find out the needs of the customer. Undoubtedly you will find a business opportunity.

2. Act quickly with small capital
There may be said that the business needs a big capital. This statement is true if you want to make the factory. If you do not have that much money to make the factory, you can start other businesses that do not need a big capital. There are many choices both online business and offline business. The important thing is start as soon as possible even you do not have a big capital.

3. Earn the first sale as soon as possible
Yes, this is important. Not only to burn your spirit, as well as to the health of your cash flow. The sensation is great when you earn first sale, and it will make you passionate to get another earning.

4. Perform the test
When you have started your small business, get use to perform tests in all aspects of your business. The purpose is to look for the truly best product and work optimally for your business. Or at least you do the test about the price of your product.

5. Give what they really want
Sometimes the real needs of customer are not conveyed through words. Therefore you need to dig to find out what exactly they need.

6. Add positive message
As much and as often as possible, focus on the message you want to convey by adding positive things to your business. Use provocative and interesting tag line for your brand or your product.

Business Lessons From Google Corporation

Google is one example of a successful company thanks to continuous innovation. Google was founded by Larry Page and Sergey Brin on 4 September 1998 when they were still a student at Stanford University. Starting from a Google search engine, Google has now become the largest Internet company that creates a variety of services and applications.

Of course it takes a long journey to become Google what it is today. It takes hard work and continuous innovation to constantly evolving. They apply several unique custom developed to foster a culture of innovation and creativity in its environment. One way is to hold weekly meetings. During the meeting all the Google employees from around the world freely provide questions to Google executives, either directly or via email. In the meeting, employees are also entitled to critique or suggestions and also deliver creative ideas to the leaders of the company.

Here is something that we can learn from Google Corporation which has been successful in business which delivered the CEO of Google, Larry Page, as quoted from Wired.com:

1. "Crazy" Performing
In pushing his team to innovate, Larry Page always give advice " If you do not do crazy things, you do things wrong." Perhaps the phrase is very appropriate in the business world, especially those who engaged in creative technology. Many companies that becomes large then it careless and forgot to innovate. It is highly avoided by Google. Every Google employees are required to "Think Big" or think creatively, to find and do things that are not ordinary .

Since childhood, Larry Page dream is wanted to be an inventor. He does not just want to create great products, but also wants to change the world. And it proved to be a dream come true and stay alive until now that he embodied with Google. Satisfaction is when he and his team can develop innovative 10 times they had developed previously. So it is not surprising that innovation is the main core of Google's business. We can see from Google services such as Gmail, the email service which offers a storage capacity of 100-fold greater than the capacity provided by other email services.

Various other Google services also emerged from the ideas of "Crazy". As we see today, such as multiple language translation service in Google Translate. Map service “Google Maps”, and the latest is an Internet-based data storage services and cloud computing, “Google Drive”. And of course the video sharing service YouTube, the Android operating system and Chrome browser is very interesting and has been used by millions of people in the world. All started from ideas of "Crazy".

The latest information, Google reportedly is building a project and a special lab called Google X. The lab contains a variety of facilities designed to support a variety of Google research to create future technologies. Like a car that can run itself as well as technology-based Augmented Reality glasses.

2 . Innovation Must be Consistent With Commercialization
One more business advice from Google CEO, Larry Page, innovations made must be followed by the commercialization step. We can take a lesson from Xeroc PARC company, a Xerox Corp. subsidiary. Established in 1970, Xerox PARC was famous for innovations in the field of technology and hardware. Some of the innovations made by Xeroc PARC plays an important role in the development of modern computing world, among them such as Ethernet, Graphical User Interface (GUI), as well as a laser printer technology.

Unfortunately Xeroc PARC is not too focused on commercialization. That's what makes the company failed. Larry gave the following example, which Tesla company. Tesla is one of the companies that he admired. Tesla engaged in developing innovative car. But in the end the company founded by Nikola Tesla is failed. It caused by too focused on innovation. Tesla spent 99 percent of his effort to develop products that people liked.

From those two example, we can take a lesson, that every company needs two things to succeed and thrive, namely innovation and commercialization.

3 . Never Too Focus On Competition
In contrast to other companies, Google is applying the philosophy to not overly focus on the competition. Google is focusing on the development of products and services, not just focus on competition and competition.

"What is interesting from the work if the best thing we can do is beat the other companies doing the same thing with us? That makes a lot of companies fall slowly. They tend to do the same with their ever done and made some minor changes." Said Larry Page.

According to Page, it is natural that many people always want to focus and do the things which they are sure not to fail. But more than that, to achieve success, a company needs to make a big change.

We can see when Google released its Gmail service. At that time it was still limited to be a search engine companies. Creating a web-based email service is a big leap for Google. Moreover Gmail dare provides email storage capacity many times greater than a similar email service provider at the time.

At the time Google developed Gmail. Already there are several other companies that have a search engine. Gmail will not exist if it just focus to compete with companies such search engines. Google prefers to focus on developing products and services.

That are three business lesson from Google. We can take a lesson from these advices to develop our business.

Tips to Start a Property Business

"Property Business "- Hearing those two words usually can imagine how the great profit to be gained from such business. However, parallel to it , almost everyone also thinks that the business can only be executed by people in high class due to business property must require a very high capital. Yeah, many people do not take part in this business, citing lack of sufficient capital. Is it really the case? What exactly is needed to start building a property business?

Advantages in Starting and Building a Property Business
Before finding out more on how to start and run a property business, of course we need to know what are the advantages of doing such business. The following reasons should encourage us to start a property business as soon as possible.

> Considering the constantly increasing number of people, property has become a staple. Therefore, the price of a property will certainly not decrease even lose money. Conversely, it can be increased continuously.

> Capital is not a barrier. You can use the bank loan to resolve the issue.

> The property that is used as a commercial place will not be lost or stolen. So, do not bother to closely guard that spend a lot of energy and time.

> Profits are also very large in comparison to the capital or the cost you incur.

> Business property just needs the right strategy .

Knowing those benefits, you would wonder how the right way to run the business, is not it? Here are tips on building a property business that can be done very easily.

- First , of course you need is a land property. You do not need to trouble because you do not have the capital or land. Why? Because you can find someone who wants to sell his land, then take him to work as a partner with some of the reasons for the benefit of the landowner.

- Second, prepare a budget and its design properties. To make it easier, ask someone who is an expert in budgeting to work together and discuss benefit from the agreement.

- Third is the issue of capital. The following strategies are often successfully applied and generate huge profits. Ask advance payment from people who want to buy. So that you can trust, of course you should be able to explain fully and systematically both the transaction and the payment of the property. Alternatively, you can consult with banks that provide loans for housing. These advance payment is exactly what used to build the property.

- Once the transaction has been completed, split profits each according to previous agreement. Then, do not forget to provide alms so that your business can run smoothly.

From the above, we can certainly see how easy it is to run a property business despite not having a large capital or expertise in the field of home design and building. Yes, only with the right strategy, we can generate huge profits. Indeed, in running any businesses, which is not less important is the willingness, hard work, and pray. So start and build highly prospective property businesses as soon as possible and also enjoy the results in just a short time!Property business is one of the excellent business.

Business Advantages of Venture Capital

We did a lot of venture capital that offer business financing to companies that are just starting their business ( start-up ), especially those engaged in the field of creative and digital.

Venture capital is alternative solutions for budding entrepreneurs to business financing needs, financing for a period of time paid in cash exchanged with the majority of the company shares.

Loan proposal from small and medium-sized business are not acceptable or assessed by the bank because some of the requirements have not been met, yet have good financial records, or has not had any assets for collateral. So venture capital is a realistic option.

Corporate venture capital providers usually receive and manage venture funds from third parties or investors both locally and from abroad . And these investors can be individuals , companies / institutions or government.

Advantage if we joined the venture capital firm are as follows:

1. Tutoring / Mentoring
Venture capital funding is expected in addition to help, they can also help in the guidance and mentoring of business such as management, marketing, human resources and technical guidance.

This guidance for venture capital firms is aimed at accelerating the success of the SMALL SCALE BUSINESS and they were concerned that what they invest can be reinvested back to the other start-ups that need.

2. business networking
Benefit of the budding entrepreneurs joining the venture capital business is a network of venture capital firms themselves. Business network of venture enterprise is certainly larger, since they consist of the investor who already have experience and extensive business links.

For example, if the surrogate SMALL SCALE ENTERPRISES marketing requires access to be accepted by major shopping malls, the venture firm can help by leveraging its network.

3. pep

Venture companies can provide other benefits as additions motivation and encouragement for beginners. They will always give support and remind and provide solutions when obstacles SMALL SCALE BUSINESS effort. They became mentors to the nearest SMALL SCALE BUSINESS order to continue to rise and grow.

4. Knowledge and experience

Another benefit is the venture capital company, of course they are made up of individuals who are experienced in the business. Knowledge and experience of the business of raising them is not infinite value. SMALL SCALE ENTERPRISES can utilize the knowledge and experience of the venture capital business for the SMALL SCALE BUSINESS.

Time Management Tips

Often times you may be overwhelmed to complete a task or business activity. This is usually caused because you do not have good time management. If you can set the time then you will gain so much advantage for your life. This time I will share tips on time management so that your activities can be completed and running smoothly.

1. Create a to- do-list. Make a list of what you need to do. Sort by priority that should you do first. Do it one at a time until finished.

2. Adhere to deadlines. Sometimes you underestimate the deadline. Take it easy initially, but when your deadline getting closer, you become troublesome. Strive for the job is completed on time. it will took more time to complete if you do not strive. It also means, more power and money you spend, and you may also be missing other opportunities.

3. Neatness. Neatness whether on computer desks and content will help you get the job done better. otherwise, untidiness may make you need more time. Let's say you are in need of an archive. Because the setting is not good, so you need more time to find it.

4. No multi - tasking. Many people like to do multi - tasking. Though multi-tasking only helps you get started with all of these tasks, but did not finish it. It could even none of the work being completed.

5. Check email constantly. If you are a person who checks email every few minutes, you should immediately stop this habit. Except it’s your job as a customer support that is need to make sure every email is responded quickly. If not, you can check email only in the morning, afternoon, and evening .

6. Avoid distractions. To expedite your job done, as much as possible avoid interference that may arise. Find a quiet place to work. If necessary, close the door. And if there is a phone, does not need to be removed.

7. Rest.
Do not forget to take a rest. This will help to restore your energy and focus to be ready in action in the next day. You can also make gifts yourself if you successfully completed your tasks on time.

Tips to Sell Products Online

Any products or services can be marketed through the Internet; clothes, household appliances, accessories, food, clothing, a variety of services, digital products, etc. However, the fact is not all products can be successfully marketed to consumers. There are a number of requirements that must be met in order that the products can be sold.

How to do online marketing is very diverse. The business owner should be able to use the methods in order to succeed. Note that different product has different method to promote. But in general, to succeed selling products online, can be done in the following ways.

1. Having a website or blog
If you want to marketing your products online, then you absolutely must have a blog or website. Marketing might be done by email, but to attract customers is certainly will more effective if you have your own blog or website.

2. Make sure the items you are selling is a high demand products or unique
Choose items that are a lot of consumers want it. Before you do that, you need to know the criteria of good market segment. Fashion is good to sell online, because the market demand is very high. Choosing the unique items for sale is more promising because they are hard to find elsewhere.

3. Perform continuous promotion
Promotion will increase brand awareness for consumers so that when consumers need a product similar to the one you are selling, you are the first vendor to be addressed. This is because your business has been firmly entrenched in the minds of consumers. For selling online, creating brand awareness can do by using SEO strategy. SEO strategy is similar to marketing activity but in online way.

4. Promote with the proper media
There are many communities, forums and social networks in which people come together. You can use it to promote your products through this community. But remember your product must be connected with their interest or forum topics. You do not want to promote your leather fashion to Greenpeace community, right?

5. Give best service to customers
Customers is king. They always want to be pampered and respected. Customers want satisfactory, so you shall make every effort to provide a satisfactory to your customers. Satisfied buyers will typically spread positive information about your company and product to the people around him – this called word of mouth marketing-, and most likely they would be interested in becoming your loyal customers. Satisfied buyers will also likely to return for future purchases. Excellent service is your way to create customer satisfy.

6. As with corporate image building reliable
Before purchasing goods online, the consumer must have searched a lot of information from various sources on your company's credibility and quality of the goods you are selling. So, for you to have a positive image that creating consumer confidence, you have to run your business in an honest and responsible way. You must provide clearly personal data and address, and a page where the buyer can ask many questions about you and your product.

7. Create interesting programs
Consumers are always interested in special programs. This gap should you use to boost your product sales. Discounts, bonuses, rebates for the purchase of a certain amount, or a gift if someone has invited other people to buy your product are common online selling program.

8. View photos of your products are clearly on your website or blog
Consumers who buy things online will want to see the product photo first. Therefore, you must provide photos of the items with detailed specifications for them.

9. Selectively choose the delivery service company
Choose only with the reliable delivery service so that the items ensured received into the hands of buyers on time and without damage or reduced in number.

10. Give assurance
Provide assurance to consumers if they receive damaged goods, not to order, delivery is not timely, or the goods are not up. Guarantees can be either replacement goods, discounts, or refund the purchase. Remember, do the business with honest and responsible way!

Online business is promising unlimited opportunities. However, to succeed in this business you need to work hard. Good luck!!