How to become an entrepreneur Top 9 tips for you

by Bisakha on 28/06/2018
Not all of us can be Steve Jobs. The right approaches can make a world of difference when it comes to digital businesses. A part of setting up a long-term plan includes knowing where the problem lies as well as which business philosophies are likely to work for your business.

If you are wondering how to become an entrepreneur, here’s a neat guide for you:

Don't make it personal

Most entrepreneurs generally opt to sell a product they like, have some kind of attachment to or think is cool. Later, they wonder why their business failed. To succeed in your business, you’ll have to keep aside your opinions and tastes and go with researched facts about niche offerings that are succeeding when sold online.

Connecting audiences with products that appeal to them is the appropriate way of retaining their interest and getting them to buy what you’re selling. This may be hard for many entrepreneurs to get past, but as soon as they stop keeping what they think is cool ahead of what the target audience actually demands and wants, they succeed faster.

Start with the hardest thing on your to-do list

Start each day by doing that thing on your to-do list that you dread the most. It does not matter why you find it the most difficult but it matters that you do it first. You are inevitably going to experience a sense of achievement and relief that will boost your self-esteem.

Create videos

If you don’t make product videos yet, it’s time you start.

The reality is that this kind of content is consumed by all audiences. That’s why, if you have not used videos as part of your marketing strategy, it’s high time you do so.

And don’t worry if, in the beginning, you don’t think your videos are great. Videos get better with practice. If you take a look at older videos from a few entrepreneurs you admire and the ones they’ve recently updated, you’ll see how they’ve improved drastically with time.

You can simply start by recording good videos with your mobile phone. So, what are you waiting for?

Act on feedback

It’s obvious that you’re excited about launching your business, but before the big day, test and retest your product offerings. Ask your friends, relatives and acquaintances to review your products.

If you’re wondering how to become an entrepreneur, you’ll have to act strategically on the feedback you receive. This will help prioritise product features your target customer desires the most.

Choosing the right e-commerce platform is critical to your success:

A lot more goes into choosing an e-commerce platform than you might think. Popular e-commerce platforms like Amazon simplify the process of setting up an online store by providing ready access to support services and existing visitors. Yes, you will not have to build your own website or pay a fixed amount to maintain storefront. All you have to do is register on Amazon today and enjoy the experience.

Content is still king

Quality content makes a significant difference in every business. That is why you should invest in creating materials relevant to your target audience. You could try carrying out a survey to understand the kind of content your customers read online.

Learn from your competitors

Digital businesses are constantly evolving and you can learn a lot from your competitors and how they stand out. Analyse what their role on social media is, which e-commerce platform they are selling on and how they deal with the different comments they receive. You will soon come up with several other aspects for analysis and then compare how you’re doing better than them or how you can improve further.

Delegate tasks

Many entrepreneurs try doing more than they ideally should. Learn to delegate your work. If you are handling your business alone, consider hiring freelancers to help you with some of your tasks. Delegating is not merely applicable for tasks you are not efficient at.

Play the long game

It's natural to get caught up in day-to-day challenges of running your business but you must take some time out once every week to take stock of what you are doing in respect to the health of your business. That includes training, community engagement, marketing, employee development, and capital development. Sound investments you make today will pay dividends for you in the future.

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