Wednesday, March 30, 2011

Being An Entrepreneur


Mostly, Indonesian entrepeneurs start their business traditionally. They have some money and sell things in their own home. By easy stages, the business grows and, when they need to expand the business they do not know how. From my own observations, most of them are scared to run a small business. They say that running a business should have a lot of money. Then, they never try forever. They feel okay when they are employees and work for a company. They also say that running a business make them feel tired because there are so many things to do and to face.

In this page, let me please discuss about the way to start your business easily but effective and efficient.
As you know that we can not grow at a second. There are many processes to go by. Business is the same as that. What you have to do to start your business will be discussed below!

1.Think what capacity you have now!

For instance, you can speak English well, then you can run an English Course (like me). You can make a doll, why don't you start to run a doll shop? and many things you can do when you have a capacity. Here, do not think about how to finance you business. Just think what you can do for yourself to 'establish' a business building! and be self confident! Never be pesimmistic! Just mention and start from now!

2.Think who is your customers!

When you have found what business you can run based on your own capacity, determine the market!. What types of customers will be interested in your products or services?. Take a simple and small piece of example. Then develop! I mean, Is it possible to penetrate the products or services to other market? Will the products or the services needed by the customers, at least, in 5 years? So, in this step, you try to find out what types of customers you will take.

3.Think where the business will be managed and published!

A place is very improtant to think specially when the place is strategic one to start your business. For instance, You want to run an English Course then you should place your business near the schools or some places where the people needs to take their children to the English Course.

4.Think Who will run your business!

Do not think who will be director, secretary, staff, etc!. Just think that you yourself will run the business for the first time! Manage your business by yourself!

5.Now's time to think about the money.

Money is important to run a business. When you feel that you do not have enough money to run a business. you can submit proposal to a bank or something to lend you some money. But if you can not do this. You can try one of these following ways, they are;

a) Make a "Donate" Button in your own or friends' blog or site.
b) Online Business. Here, you can sign up or take an affiliate program which is offered by sponsor or sites, such as;


Or, you can open an Online Shop. Find the suppliers and buy the products and deliver them to your online customers!

c) Be a broker!

Let me take an example. Let's sell Notebooks or netbooks. Then you contact a bank which can finance your business and explain them that you have an access for cheap notebooks or netbooks and follow the bank instructions.

Take notice this following illustration!





 d) Money Exchange.

Here, you can monitor all of the time about the increase and the decrease between two currency (e.g. dollar and rupiahs). Decide when you sell and buy! Take the first chance when you think that it will be benefit for you!

Taken from insurances7.blogspot.com that had been deleted.

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