If you have the zeal, you can easily find an oasis in a desert. Similarly, life is full of opportunities. You should have the sense to grab those opportunities. And if you are an aspiring entrepreneur, you should have a nose for business and the art of ignoring all obstacles. The journey will not be smooth, but you can make it a safe sail if you go as per the guide which we have prepared for you. Whether you are looking to become a business partner with someone competitive or a sole proprietor, this guide will help you to learn the art of every opportunity that comes your way.
Let’s get started:
1)Have a clear vision in your mind
The first and foremost thing is to have clarity in your mind. You should have clarity about whether you want to be a sole owner, have a business partner on board, be a part of a joint venture, or own a franchise. To achieve that clarity in your mind, you can consider the following factors:
See if you have enough industry experience to start your journey as a sole proprietor.
If not, do you know anyone with whom you can become equal business partners and learn together?
If you do not have enough investment and want to become your own boss, then look for franchises in the niche that interests you.
After considering these factors, you will get an idea about your route.
- If you want to be a sole proprietor, start looking for options that interest you and suit your pocket.
- If you want to join hands with someone, then look for all the legal contracts, that are needed. It can be used as documentation of the profit and investment margins.
- If you want to choose a middle way, a sole proprietor with less investment and an established brand, consider looking for franchises. Some of the franchises that are ruling the industry are moving, cleaning, storage, etc.
2) Be ready to pitch your idea
Once you have decided on the category as per your niche, the next step is to pitch your idea.
As Sole Proprietor - If you want to be a sole proprietor, start announcing your idea through your social media platforms. This will create a buzz about your business before the launch. You may even be able to connect to more people in your industry.
Some of the social media posts ideas as a sole owner -
- Shoot the BTS videos
You can shoot a behind-the-scenes video of the setup. This will raise curiosity among your followers about what the setup is all about.
- You can post the countdown posters, like “5 days to go”, “3 days to go”, “something big is coming”, etc.
- You can even go live or put a quiz question on your platform asking questions like, “If you are entering a moving business, I will be doing the business on wheels, guess what am I coming up with?’’.
In case of partnership
Start interacting with people in your industry. Put your idea across every possible channel through which you can build a strong network. You may also be able to find people who have the same vision as you. They may also want to collaborate and grow with us.
If you want to own a franchise
Be vocal about your ideas. Consider the brands that are offering franchise opportunities. Now productively use your social media addiction and search for views and comments on the brands you are considering working with.
3)Set goals
Once you have identified your interests and gotten things sorted for you, the next step is to specify your goals. Place your goals right in front of you, on your work desk. This will remind you of your goal regularly and help you stay on track. You can also mention the baby steps you have to take in written form on your desk.
4)Be persistent
You are in charge of your life. If you have decided to achieve something, you should have the power to convert every lemon that life throws at you into lemonade. No matter how many obstacles arise, keep pressing forward. Initially, collecting funds will be a challenge. Then, establishing a team and a strong brand image. But when you surpass all these challenges with your persistent efforts, no one can stop you from climbing the ladder to success.
5) Take immediate action
The moment some idea strikes your mind, start looking for ways to work on it. If you think you do not have the appropriate skill-set or knowledge about that idea, start looking for courses that support your interest. Do not let that idea go unattended. Try the best you can in your capacity to nurture your idea.
6)Pursue what satisfies your soul
You reached this point in the article because you have a nose for business, isn’t it? You must have even searched for popular startup ideas too. But do not follow the rat race. If no one is opening a bakery shop today because of the strong brands already in the market, I can still do wonders in it, because that is my passion. I can keep the prices low initially, or organise a grand opening and make people taste my product for free once. Later, when people recognise my talent, I can beat anyone and everyone.
7)Find a mentor
No matter how many skills or experience you have, always seek guidance from an expert. A person who can guide you at every step and is more experienced than you can help you in tackling critical situations.
Start approaching the people who are doing wonders in their fields and seek guidance. Ask them questions like, “How did they beat the obstacles, that you are currently facing?”. Also, ask them if they can help you with network building. If you are unable to reach out to anyone or are not being nurtured, start reading books about people who influence you. Start following them on social media platforms and observe what they do.
8)Start mingling with others
Opportunity won’t knock at your door while you chill, sipping wine on your couch. You will have to go out and start interacting with people. At least start by joining help groups online. Start interacting with people who have the same vision as you.
Once you find the right groups and people who are experts in your niche, fix up an in-person meeting with them. “Travel, socialize, interact, and be a good listener”, once you absorb yourself completely in this mantra, no one can stop you from reaching your goal.
So, these are some of the points that will help you to achieve your dream of becoming a successful entrepreneur and completely take charge of your life. We hope that you are all set to grab that desired opportunity. All the best for your future endeavors.