If you want to start a business, you need to think about these four issues and it will be easy to succeed

Mark Zuckerberg came up with a great idea in his Harvard dorm room: create a website that collects all the personal data of students and helps them get to know each other better. Later, this idea developed into a billion-dollar company - Facebook.

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I also know many friends who want to start a business. Some of them return to the nine-to-five life as the days go by, while some are still trying to pursue their dreams while doing their jobs. The idea of ​​starting a business is like a hidden disease in the body. When you encounter setbacks in work or life or feel empty, it will sting you from time to time, reminding you what you should change.

Friends who are in this dilemma are actually standing on the dividing line between "ordinary office workers" and "entrepreneurs". The difference lies in whether you have the courage to take this step. Here are a few questions to help you make a better decision:

1. Do you have a good idea for starting a business?

"Starting a business" is different from "working" and different from working from 9 to 5. To successfully start a business, you must be prepared. An entrepreneurial "idea" is far more valuable than connections and funds, especially in this era where there is no shortage of entrepreneurial ideas.

Long ago, Mark Zuckerberg came up with a great idea in his Harvard dorm room: create a website that collects all the students' personal information so that students can get to know each other better. Later, this idea developed into a billion-dollar company - Facebook.

You will have many ideas, but your time is limited. These ideas may be what you will implement or practice in the future. They must not be just beautiful appearances like mirages. Critique your ideas or ask for advice from trusted people. ***Pick one, just one shining idea, and it will be your "good idea" to start your business!

2. Try to plan your "corporate future"

If you have found your entrepreneurial path, product or service, then you can start planning your company. The questions you must face are: What do I need to do to make the idea a reality? What will I need when starting a business? Should I find a good investor first or a loyal partner? How long is the estimated time required?

At this point, a good business plan is undoubtedly your best choice. Think about your company's products and services, markets and customers, human resources, organizational structure, supply and demand of infrastructure, financing needs, and the source and use of resources or funds as detailed as possible. If you don't have a detailed structure, you can simply list a summary first. Generally, a business plan summary should include: (1) Company Overview; (2) Research and Development; (3) Products or Services; (4) Management Team and Management Organization; (5) Industry and Market; (6) Marketing Strategy; (7) Financing Description; (8) Financial Plan and Analysis; (9) Risk Factors; (10) Exit Mechanism.

You can also try to find a mentor, who may be a marketing professor with professional theoretical knowledge or a business senior with rich practical experience. They can help you find the right direction and remind you of the mistakes you are likely to make in the future.

3. Weigh the pros and cons of starting a business and working

When choosing the path of entrepreneurship, you must face the decisive factor that may be the most important for most people who have entrepreneurial ideas. Starting a business requires costs. In addition to the obvious capital investment, there are also your time costs and other hidden costs.

You can use some simple analysis models to help you make a trade-off, such as the SWOT analysis model of McKinsey Consulting. This model includes analyzing the strengths (Strengths), weaknesses (Weaknesses), opportunities (Opportunities) and threats (Threats) of the situation. Strengths and weaknesses analysis mainly focuses on one's own strengths and their comparison with competitors, while opportunities and threats analysis focuses on changes in the external environment and the possible impact. When analyzing, bring all internal factors (i.e. strengths and weaknesses) together, and then use external forces to evaluate these factors.

Analyzing the differences between entrepreneurship and work and conducting a detailed assessment of risks is not only a responsibility for your own life, but also a responsibility for your family, especially for families that rely on your financial income.

4. Once you decide, commit to it

If after weighing the risks you still follow your inner voice, then please actively devote yourself to your dream, don't panic, don't be confused, don't hesitate, and don't look back easily!

Take success as a firm belief. When you first launch your product or service, you may be questioned in many ways, suppressed by competitors, and make many mistakes, big or small, because of ignorance, but you must believe in yourself and believe that the goddess of luck is on your side. Only in this way can your team and your investors follow you unswervingly, and your ideas will be respected, recognized, and applauded! Because success can only be achieved through consistent dedication and wholehearted focus!

Richard Branson, founder of Virgin Group, mentioned the history of the establishment of Virgin Atlantic Airlines: "When Virgin Atlantic Airlines was first established, we only had one plane and very little experience in the aviation industry. We were alone against those competitors who were ready to bury us and had already achieved success. If we gave up, no one would blame us. But we not only persisted, but also became stronger after 30 years. The reason for all this is our inner motivation." The editor likes this sentence very much: the distance from 0 to 1 is much greater than the distance from 1 to 100. The inner motivation of entrepreneurs will guide determined entrepreneurs to success. Bravely taking the step from 0 to 1 and following through to the end will inevitably usher in your 100-point life!