Thinking of starting your own venture??? This is the most exciting and fascinating thing, starting your own venture from scratch, overcoming the barriers in your way. As an entrepreneur everyone has their own journey in establishing a venture. Nothing can beat the experience of creating or building your own venture, starting from developing an idea or product, establishing the entity, deciding the name of the venture, designing the website etc. At the same time this is not as simple as it looks. Research shows that 50% of the business fails in their first 4 years. Not because they don’t have a good idea but the implementation and execution are the key problem.
We are trying to give some food for thought if you are thinking to start your own venture. We are going to introduce a series of article which will be revolving around Entrepreneurship, Setting up business and Start-ups. The series will cover 10 topics which a person should consider before starting up any venture. Further it will be helpful for our patrons to understand the entire process in a phased manner.
- Define your Business Idea
- Crafting your Business Strategy
- Identify your Target Audience/ Market
- Assess your finances
- Determine your business structure
- Build Your Team
- Focus on revenue and not on scale
- Marketing and Business Development
- Online Presence
- Dealing with Mistakes
We are launching our first article soon. Your patience and interest shall be highly appreciated as well as your suggestions and comments. You can put your questions as well on which you want any guidance and support.
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