ALERT – IS YOUR BUSINESS IDEA FEASIBLE
No matter where on earth you live, you might have a business idea (some call it a dream) which you think could one day make you rich. You are convinced it’s easy and will require very little effort from your side. It actually sounds too good to be true.
JUST PAUSE FOR A MOMENT
Let’s take a closer look at this idea of yours. You need to ask yourself whether it can be converted into a profitable business opportunity? You need to ask yourself what you have to do to be successful. Do you have to be creative and innovative? Do you have the ability to do that?
How sure are you that there are customers who need your product(s) or service and are prepared to pay for it? Will there be enough customers. What about competitors who are focusing on the same customers you would like walking through your doors? Last, but not least, do you have the finances to start and drive your business?
Don’t get me wrong – I’m not trying to run down your enthusiasm, I just want you to be realistic. I would hate to see you lose out, including losing your precious money.
So make sure your business idea can be successfully developed and that it is viable. The logical question to this is “how do I do it?”
In our next posts we are going to walk you through some technical aspects which are of importance. We will investigate the market out there, have a look at competitions and see what skills are needed for you to run a profitable business of your own.
Leave a comment below and send me an email at johngoosen2@gmail.com where you ask your questions or share with us your dream of building a successful business of your own.
If you are 18 years and younger and already have a successful small business running, share with us how you accomplished it, to inspire other young entrepreneurs to start their own businesses as well.
Parents who are successfully coaching their children about business and teaching them how to work with money, are more than welcome to tell us what they are doing. With your permission we will communicate with other parents and kids who are struggling with the realities of unemployment, poverty and a bleak future.
Teachers at school are equally welcome to participate. Let’s join hands and share ideas, thus bringing new hope and skills to millions of kids and teens who are desperately searching for solutions.
Tell your friends to follow OppiBlog.co.za as we contribute to your becoming a successful entrepreneur and owning your own business.
TALK SOON.
