10 Tips for learning and growing as an entrepreneur

Starting your own business is one of the greatest achievements you can attain in life. It is your chance to be your own boss and create employment for others. However, being an entrepreneur is not always a bed of roses as many of us imagine. As a matter of fact, majority of business fail few months after starting up.

The major cause of business failure is poor entrepreneurial skills. Many upcoming business people know very little about how a business should run. However these statistics should not discourage you if you are looking to start your own business. Here are a few tips that will help you to learn and grow to become a successful entrepreneur:

1. Strategize

It all starts with a plan. Once you have identified your niche and set out to exploit it, make a business plan. Identify the amount of capital you are willing to invest and the source of capital. Have an idea of how you are going to manage your business. Besides that, identify the strengths and risks of your business idea. 

Stick to your plan once the business is established. Take stock of the progress of your business and gauge it’s growth. This will enable you to know when it’s appropriate to expand your operations. A clear strategy will enable you to identify errors that would have otherwise hampered your growth as an entrepreneur.

2. Chase your dreams

Before starting your business, you had a dream that you wanted to achieve as an entrepreneur. Let this dream be your motivation as you run your business. Once you lose sight of your goal, you are likely to go astray. Many businesses fail because their owners have no other goal other than making money. This pushes them to take part in malpractices to maximize their profits.

3. Risk taking

Be confident to forge ahead each and every day. Don’t fear taking risks unless the stakes are too high. The fear of failure has hampered many small business owners from expanding their business. They are just not ready to face the risks that come with business growth. To be come a successful entrepreneur, you have to be optimistic and take calculated risk as you grow your business.

4. Read

Knowledge is key when it comes to entrepreneurship. If you have poor managerial skills, enrol in a business management course. Read business books and journals. In this way, you get to know what globally recognised award winning entrepreneurs did to get to where they are today. You can definitely borrow a leaf. The more you learn about business, the better you become at running your enterprise.

5. Market widely

Your business can not grow unless you give it exposure. You need to inform your target market about the products or services you are providing. Make them want to visit your premises and buy your products. You can use video marketing, posters and other advertising methods to promote your business. Use social media platforms to your advantage to reach a wider online market.

6. Be unique

You have to make your business stand out in order to beat your competition in the market. Create a brand that your market can easily identify. Simple factors such as unique packaging and provision of unique products will cut your business a wide swath. Unlike books, business are judged by the cover. It is therefore of utmost importance to maintain a good public image. This will definitely attract more customers and propel you towards business success.

7. Research

Knowledge from books is not enough to make you a successful business person. You have to conduct detailed market research. Find out what your competitors are doing and beat them to it. Get to know what your market’s demands are and work towards providing them. Keep up with the increasingly evolving trends in marketing and business management. This will enable you to adapt to changes in the business world and still remain a top product provider as you grow your business.

8. Customer relations

As a business, your customers are your net worth. Maintain a rapport with your customers. Get feedback from them regarding your products. This will help you keep up with the change in consumer preferences. Good customer relations will also build a bond between you and your market hence creating brand loyalty.

9. Network

Network with other entrepreneurs within and outside your market. Seek advice from other successful business people. Your business can not grow without the support of other business. Remember you also depend on other businesses to replenish your supplies. Having a good relationship with them will make running your business a lot easier for you.

10. Emphasize on quality

The main reason why customers will keep buying from you is because of the quality of the products you offer. If you are selling goods, ensure you offer the best quality you can afford. Don’t overprice your goods as this may chase away your customers. Ensure you maintain the standard quantities of measurements. Make an effort to provide free after-sale services such as packaging so ensure your customers are satisfied.

There many other tips you can follow. This is only the most primary guide to being a good entrepreneur. Follow this to ensure your business sales to great heights.

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Tips for students moving to a US college

Have you ever considered going to college in the United States? Yes, migs, the traditional exchange is not the only study option out there! According to the International Institute of Education, more than 13,000 Brazilians passed through the halls of American higher education institutions in 2014 and you could be next. Check out 5 tips for joining an American university and get ready for the trip!

Prepare your history

Do you want to study in the United States? To be accepted into a foreign university, you must show your worth! One of the most esteemed points for Americans is their high school history. Those 10 grades in Portuguese, mathematics and chemistry will be very useful now! While in Brazil this does not directly influence the vestibular processes, outside your school notes are very important to show that you are, in fact, a good student. If you’ve finished high school, go after this record. If you are still studying, dedicate yourself as never before to win the best grades! And not only that: letters of recommendation from teachers talking about the exemplary student you are also help a lot, so let’s work on this networking!

Show that you want to study a lot out there

Do you know when you publish that text to prove an argument or show how much you like something or someone? Now you’re going to do it officially. A very important part of the enrollment process at an American university consists of an essay through which you must demonstrate how much you want to study at that particular institution and how you plan to take advantage of the course. Imagine that you are participating in those “Why do you deserve to meet your idol?” Contests and prove that you must be accepted by them!

It’s English time

We have good news and bad news for you, migs. The good news is that, as a member of the Bilingual Nation, you should already have the necessary knowledge to earn TOEFL certification, one of the requirements of many universities to prove your English proficiency. The bad news is that, even if you know how to translate all your documents perfectly, some institutions still require that this process be performed by a professional, certified translator (look at a future job opportunity there). Then translate everything you need to present: school history, curriculum, letters of recommendation, presentation of extracurricular activities and everything! And of course, keep practicing the language. You will need this much knowledge in the next stage of the process.

School aptitude test

The famous SAT (Scholastic Assessment Test) is a kind of ENEM, a test with 20 subjects on areas of education such as English, history, mathematics and science. But do not panic, you do not need to provide all the subjects, you can only answer the questions of the subjects that will have some relation with your future course. That is, nothing to sink your head in chemistry books if your area of ​​interest is Letters, for example. It’s a lot easier to study like that, is not it? To improve your preparation, take the SAT simulations at home, considering the maximum time of 3 hours and 45 minutes you will have to complete the exam. Even Barry would have to run to take the test in time!

Maintain constant contact with the university

How will you know which subjects to study for the SAT? How do I find out if TOEFL is required? How to know everything you should do, in the smallest details? Asking, of course! The selection process may be different for each institution, so it is essential that you contact the university in question to get all your questions answered. Also pay attention to the registration deadline, because in some colleges, those who register first gain an advantage. No leaving for the last hour, okay? After approval, the university will also pass the instructions and documentation required for the student visa, but you can already move forward and provide your passport.

Ready to get your bag and go to an American university? Hire Rapid Essay (rapidessay.com) to help you in developing quality essays as well as research paper writing help to make you the best candidate for your dream program. Will you know someone who is also going through the same process and can help you? The United States is so large in terms of extension, that the climate varies according to the region in which it is decided to study. In the area closest to Hawaii the weather is tropical and in the regions closest to Alaska the weather is much colder and even polar, although there are also areas with more moderate climates. In most states, winter is quite long so it is recommended to prepare warm clothes to face it.