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Business Success Tips

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Offer what people want to buy

Too often, people jump into a business built around a product or service they think will be successful, rather than one that is already proven to have a market.What do I mean?Instead of creating and selling a new sports shoe with the latest trendy design and materials, youd be much better off from a business perspective to focus on shoe category generally (a proven category because which people buy shoes every day) and then focus more specifically on the niche of high performance sports shoes, (which you may even sell in a section of a shoe retail outlet). Better to have a small slice of a large category than a large slice of no market at all.


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Focus on sales and marketing manically
Set aside self employment taxes
Create the right legal structure
Offer what people want to buy
Keep Detailed Records
Take charge of your finances
Target
Have a plan
Think hard about whether insurance is necessary
Get a coach
Be Creative
Start socializing
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