How To Promote Your Business Without Going Broke?
Thursday, May 13, 2021
How To Promote Your Business Without Going Broke
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Why Being Self-Employed Is Better Than A 9-to-5 Job
INTRODUCTION
Being self-employed is an improved way of livelihood and making money—it does sound suspicious right? Nevertheless, this post will clear this suspicion and prove why self-employment is the best way to live a stress-free life. A self-managed business that you have started for yourself is no doubt the best way to make more income. It is another source to enjoy financial freedom and become your boss. To sum it up, self-employment is the most guaranteed way of having a balanced bank account and life at the same time.
We can define being self-employed in a simple definition that is working for no one else but yourself and your passion. When you are self-employed, you get to manage your income and better still; you get to choose your workspace and your working pace when you become your boss.
Imagine getting stuck in a nine-five salaried job where you don't enjoy what you do and there's no motivation to push you further. Gradually you start getting scared and tired of Monday morning, your fears start turning into depression because what you do was never part of your dream. Then you try to convince yourself to stay back because of the security the job gives you—do you know how miserable that sounds right now? It makes a person pathetic.
How To Validate Your business Idea
Your Business ideas may seem very real to you, sometimes they may be vague, but something important to know is that success and failure come to both and what differentiates these are the steps taken a step make it what they become.
Executing a business idea with a very huge capital does not necessarily lead to success in business as these are some of the excuses given by young entrepreneurs who have a vision but see their ideas and goals rotten in shelves due to lack of capital. Capital as a substitute for success doesn’t always work, that is, not all well-funded projects succeed. Therefore an important factor that ensures the success of an idea known as idea validation will be discussed in this article. All business idea will be discussed as a product in order to make it simple and easy to understand
What is business validation?
This is the process by which others confirm the validity of our idea. We hear from people how important our products or service idea can be beneficial to them. It can also be seen as the act of verifying if our product is acceptable to the target market or it’s just a surface idea with no basis in the market.
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There is no doubt that human beings can come up with creative business ideas in little time. Yet, having these ideas is not enough to get a business running. A wonderful business idea needs a good plan to stand out. A good plan also needs enough finance to get done. Most times, a lot of people end up sharing their business ideas. they share these with their friends and family who contribute only emotional support. Emotional supports are great but sometimes, they are not necessary. In cases where a business startup is a major aim, money is what is needed. There are other times friends buy into such business ideas. when this happens, they help the business owner save up money for business start-ups.
A lot of excitement and anxiety are most times seen while kick-starting a business. This feeling sometimes misleads the bearer. when people are misled they tend to do things the wrong way. this is exactly what happens to a business owner when he or she allows the excitement to take over his or her mind. Anxiety can also make an entrepreneur do things without proper planning. The wrong direction in business plans destroys a good business idea. A wrong starting in business tends to weaken the foundation of the business later. They fail to realize that funds are a great part of running a business.
How To Promote Your Business Without Going Broke
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