How do you start your own business

Tip 1:

Be passionate about your craft. I have many friends who started their businesses during pandemic times. Examples include video camera business, personal finance blogs, notary, catering, and online product selling. Remember to keep up with the craft and always drive to do a better mindset.
Having like-minded friends will help your business ten-fold without the help of patrons and like-minded people. You will lose steam and become burnt out, and your dreams become dust. Keep your dreams alive, work, and focus on your business goals day by day.

Below is a case study from Shopify site where “If I Made is Emily Newman’s home business teaching classes to creative professionals. When you teach classes online, not only do you have the flexibility to do it from home, you can also choose to offer live or pre-recorded teaching and training. For example, you might offer the live courses at a premium rate, while customers can purchase the recorded sessions at a discounted price.”

Tip 2:

For this New Year, make some milestones and goals for success. For example, if your goal is to reach ten customers, have thirty customers served this year. Another example is if you are a blogger, start small and scale up to increase your viewer base. Remember, content is king look at daily trends via social media sites related to your topic.

Tip 3:
When starting your business, ask yourself, “Is there a demand for this product of service I am trying to sell or promote.” Find out through surveys via social media and focus groups via Zoom chat and giveaways to increase your business or product exposure. An idea will always be an idea if you don’t start somewhere. If you want success in life, work hard at something and make sure you take strides to succeed. If you sell a product, look for supply examples: Harwin in Chinatown or Alibaba for cheaper products.

“Many businesses center on the simple concept of importing products in bulk and selling them individually for a profit.”

You can use your home to stage your products using Facebook live or Instagram is a great way to generate traffic and customer sales to your products. This is how Artemis Design Co. got its start.

Tip 4:
When you are starting your own business, sell yourself! Most people are interested in how you got started; they want to know why I should spend X dollars. Marketing online is good, but marketing with a purpose is better; find key trends to target. Examples use Google trends to see a good niche market to start. Also, have a never-give attitude to success, learn that failure is part of learning, and don’t get upset if you don’t get there in time.

Check out these tips from the Shopify site on ways to start your home business.

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