Articles

How to make Startup Business Successful?

by Business Saathi Retail and Distribution

It is not a surprise that about 90% of startups fail in the period of 5 years in India. Therefore, it is not easy for anyone to be an entrepreneur. That is why how to make startup business successful; became a great matter of concern and query of every new entrepreneur. However, with proper precautions and intelligent decisions the startup business can survive better. 

Looking up, with the success story of a new entrepreneur can somehow guide a little but it didn't work always. Apart from that, the misconception of going for the startup under the support of an renown name, doesn't always help. Instead of that, going with an unique idea or concept could be a great support for the startup to gain the market trust. So, to make startup business successful there are few points that can be taken into consideration to become a successful entrepreneur. 

 

1. Clear Business Purpose: For a good business establishment and making the startup standout in the market, the purpose should be clear. The basic two questions should be properly described i.e. What is the exact service your startup can fulfill? Why will people care? If both of the questions are clear then you can go ahead with your startup towards success. 

 

2. Surround Yourself with Supportive People: Always be in touch with positive people who could support and guide you for right and wrong. Because, having negative people around you can harm you and your business. So, don't waste your energy and time on defense while being with negative people. With supportive people you can do wonders in your work and lead your team by examples. 

 

3. Have Keep Learning attitude: Having a attitude towards gaining something from every activity will teach you new lessons in life to go ahead. From every person you can learn something fruitful and beneficial for your business. So, always try to take every criticism in a positive manner in order to improve your work and business skills. Apart from that, after every mistake, what you learn is an opportunity to improve your business.

 

4. Create a Cordial relationship with your Customers: To make a good market reach and establish a good business, building relations are very important. Building customer loyalty and happiness is very crucial for every business to be successful. In addition to this, taking a quick and easy feedback from the customer can be very beneficial for any business to go ahead smoothly.

 

5. Be Patient: Success never came in a period of overnight, or in a couple of years. So, if you are investing in a business and having confidence about your services, then do your best and give some time to yourself. It will help you to establish your business and grow strategically into the market. So, being patient and working with dedication can lead your business to achieve new heights.

 

6. Plan Periodically: Never follow a long-term plan. As the market is evolving very rapidly so, long term planning wouldn't be good. Therefore, always plan for a period and be ready to change your plan as well at any time when the need arises, instead of waiting to conclude that specific planned period. 

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About Business Saathi Junior   Retail and Distribution

3 connections, 0 recommendations, 18 honor points.
Joined APSense since, November 23rd, 2019, From Indore, India.

Created on Dec 2nd 2019 01:45. Viewed 309 times.

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