Altcoins Talks - Cryptocurrency Forum
Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: admin on December 14, 2018, 10:22:40 PM
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Did you ever launch a small business, how did it go?
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Being an entrepreneur is a very big job, especially if want to grow into a businessman and achieve great results.
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Did you ever launch a small business, how did it go?
I did do many small business before, some of them just start with a hype at first and slowly the flame die off and my business also and this makes me loss a lot of money. However i will still want to do business even after so many setbacks, business to me is lie a challenge and accomplishment.
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I have definitely chosen the path of entrepreneurship, in my real life I am the owner of 2 small businesses. The first one I have been doing for the last 13 years, I'm a tile contractor. Licensed in the state of California USA. Got into tile in 2002 and worked for a series of contractors as a helper/apprentice and literally started at the bottom and worked my way up. Got licensed in 2006 and started my own business. I would recommend owning your own business to anyone, for me there is no other way. In the progression of my tile setting skills as I was going along, learning all that I could about the trade, I hit a certain point that I knew I could run the jobs better than the people I was working under. That's the jumping off place. When you know, with your own creativity and knowledge, that you can do a better job than your boss is doing, that's the point that it becomes a drag working under people. They tell you to do things, and you know that problems are going to arise doing it this way, and sure enough you follow their instructions and sure enough problems happen like you knew they would. You start armchair quarterbacking what needs to be done in your head and criticizing their decisions. This I believe is when you need to put your money where your mouth is and go for it. Go start your own business, people way dumber than you are running successful businesses so why not you?
There is a certain amount of fear in launching a small business, will I fail? will I lose money? I think a lot of people want to, but are afraid to take that first step. I'm not saying make hasty decisions but at some point you are going to have to take a risk, there is no great reward without some risk involved.
My tile business is not perfect, it's difficult to scale. Custom residential tile work takes a lot of skill and finding people that care as much about quality as I do is not an easy task. Most of the time I do the work, the advertising, the selling, the customer service, and the billing. It's not easy but SO worth it, I wouldn't do it any other way. I have complete freedom with my job, I decide everything. Who I hire, when I go to work, what jobs I do, it's awesome and the best part is I make quadruple what I would make working under anyone else. There's no way I'd ever go back to being an employee
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Did you ever launch a small business, how did it go?
I'm still doing studies and yet to ump into business but yeah making some researches on many businesses.
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We had a entrepreneur shop this last week, we invested Php 1200 then after 3 days of selling our product it became Php 2300, even its just a low profit, its a worth a while because we pass the performance and we have a profit.
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I have been working for people for some years now and it come to my notice that I have been limiting my experiences around a particular level but since I discovered the importance of entrepreneurship, is self reliance entrepreneur helps you to relate to the market
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I did, then I realized that entrepreneurship is always about hard work, taking risk and dedication of your time from the very beginning. I failed on it, then I go back to my study to finish a degree. It's one of the reason that I have a high regard to those individuals who took risk and even to my employer now.
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Sure, I did. It's a very hard very very hard thing and you do all the work by yourself and only then you really can get going with something like that lately. You really should see my post earlier anyway. It's not for everyone - that's one thing I realy could say.
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Not a single day did not work for hire. Although I did not immediately start to run my business, I tried to earn money on my own by providing various services.
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having your own business means being independent, although we are still somewhat dependent on circumstances and market conditions. In any case, you need to be flexible and be able to work in any environment.
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I do not run a small business. I am also being a course on innovation and entrepreneurship. I am Learning that how an Entrepreneur can run a small business. It is not easy but I think that I will be able to run a small business.
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You consider starting your own firm when you are confident that you can perform tasks better than your boss using your own creativity and knowledge.
To put it simply, an entrepreneur is someone who takes on risk in order to launch a new company. He or she discovers a need that no company is currently filling and offers a solution. someone who invests money and labor to create products and services with the intention of turning a profit. Nobody is more adept at running a firm than the owner. He takes on the difficulties as a novice and keeps going until the very finish.
Starting a business requires a creative mind, a strong will, perseverance, hard effort, and consistency. Life is a lot simpler when you are financially independent
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an entrepreneur to me is someone who is self employed or sole trader of a small business. a hard worker willing to put in the time and effort in order to grow the business.
an entrepreneur could also be a successful business person who is willing to try something different to what has been already successful, someone willing to take a risk in the belief that it will work out.
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Being an entrepreneur comes with a lot of sacrifice, commitment and hand working, I'm a witness, I went through hell just to make sure my business doesn't fall despite the insult I received from people yet I never give up because I know if I suffer today, I will enjoy tomorrow so it's not a day work especially if you want to maintain your status and don't want to be a failure and still enjoy being rich if not you will be poor.
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I'm not entirely certain if I can call this my own launched business because it is not my own product. I've started buying and selling goods. My partner and I just launched this plan, and the outcome of our first two weeks is truly unexpected. We managed to sell a lot of our reselling products and make a significant profit. We intend to use the profits earned to increase our capital and diversify the products we will resell in the next coming weeks.
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Did you ever launch a small business, how did it go?
I did do many small business before, some of them just start with a hype at first and slowly the flame die off and my business also and this makes me loss a lot of money. However i will still want to do business even after so many setbacks, business to me is lie a challenge and accomplishment.
Yes, I do have small business before.it was not really easy to start. And it is completely time consuming. I made some profits then but I later stopped due to other engagements. Anyways, it was a livestock business.
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I'm not entirely certain if I can call this my own launched business because it is not my product. I've started buying and selling goods. My partner and I just launched this plan, and the outcome of our first two weeks is truly unexpected. We managed to sell a lot of our reselling products and make a significant profit. We intend to use the profits earned to increase our capital and diversify the products we will resell in the next coming weeks.
That's good to hear congratulations, not everyone has a business idea and acts on it but you are brave for starting the business and I wish you more profits and productivity.
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From my point of view, it is not easy to become a successful entrepreneur and due credit and respect are not given to those who have strived so hard to become successful, we should give more credit to entrepreneurs because they had an idea took the risk of applying the idea and overcoming many obstacles to achieve what they have today.
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Being an entrepreneur someone can start with small scale business and grow into a lager one, startup with small one before venture into a bigger one, that’s when you can be able to turn the little you have in place to startup. Have known a friend of my who started selling two to three pairs of shoes but now have grown bigger and she now own a shop of her own! Also known of a sister that started online business without having any capital but now she also own a shop in a state and she’s really making it so big, not until you have Gathered a lot before you can start up a business just have little capital or innovate something and start earning, even a plant those not start growing seed the first day it was planted but rather it takes some days, night and process before it started spreading it wings for the benefit of the nature. Because even me now that have join this platform “altcoinstalks” it is a start of an innovation to me. I believe the more I grown higher, will definitely reach the higher level too for me to start harvesting the fruit of my labour. So know your swot.
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Did you ever launch a small business, how did it go?
I launched a small businesses in 2019 and had the hope that I could grow the business to become very large so that I can become an inter-state distributor of the goods I was selling then, but COVID-19🦠😷 came and scattered all my plans. Things did not go the way I planned it again because there was restriction of movement in my country (lock down) and everyone was working from home for months, but the kind of business I was doing that time is not a stay at home kind of business, so I just terminated the business.
In 2022 I launched another one which is doing very well till today.
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Well for me, being an entrepreneur definitely a great work for me, but with the right mindset, we can handle the work of an entrepreneur. To me, it implies a lot of things like courage, availability, self discipline, determination, etc.
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- Being an entrepreneur is a class, or it can be considered a skill because anyone can be an entrepreneur as long as they are persistent or strategic in life.
Other people are well educated, but they are not entrepreneurs; instead, their thoughts are designed to be employees for life. But there are others who, even though they did not graduate, became successful in life because, from a small business, they grew and got rich because they just started with an idea about building a small business.
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Honestly, I am a student yet but my parent's have a business and any time am on brake I usually help out at the shop, I have also pick interest in my parent's business which I will love to become an entrepreneur and also start my own business. I have a vision to start a business that can extend outside my country and go international. That is my dream and I wish to archive it. I understand that entrepreneurs are problem solvers and they earn money frequently too.
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Sometimes when we see successful entrepreneurs, we admire their success and pay little or no attention to their humble beginnings. It is not easy setting up a business from the scratch and beating all odds to see our little investments grow. Entrepreneurs are one group of people we underrate in our society, this people are doing alot to ensure we get our desired satisfaction. I have tried launching a business on different occasions and it didn't just work out. I just had to accept the fact that entrepreneurship is not for me, I have chosen other fields and I am successful in them.
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Being an entrepreneur means you have to be committed and devote your time to do the business.
There are some ups and downs when it comes to business management, so you should be able to manage your business for it to grow.
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Being an entrepreneur is a very good thing in life, someone being a boss on his own and all so owning a better business is good, but being an entrepreneur it's very challenging and demanding, because your time is involved,your energy, your money and everything you need to put to make the business work, have to be involved.
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Sometimes when we see successful entrepreneurs, we admire their success and pay little or no attention to their humble beginnings. It is not easy setting up a business from the scratch and beating all odds to see our little investments grow. Entrepreneurs are one group of people we underrate in our society, this people are doing alot to ensure we get our desired satisfaction. I have tried launching a business on different occasions and it didn't just work out. I just had to accept the fact that entrepreneurship is not for me, I have chosen other fields and I am successful in them.
You know, I kind of relate to your experience when the time I decided to start my own business. I had a hard time with everything even if I planned all of it, like I was overwhelmed with every problem that came during that time. I also feel that maybe starting my own business is not for me, this entrepreneurship thing is only for people who have connections and not from common people like me.
But you know what, I did the same thing as you do. I chose other fields where I could excel, but I never gave up on my dream to have a successful business. While working in this field, I attended seminars and watched YouTube videos to learn from the experiences of other entrepreneurs.
After all the preparations, I applied all the learnings and experiences I had from my past business and used all of it to start a new business. Guess what, this business has currently run smoothly by now, I have a lot of realization that I should have known in the past, but because of everything I have faced, I can somehow manage to settle the problems that I didn't imagine I could manage.
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Being an entrepreneur comes with a lot of sacrifice, commitment and hand working, I'm a witness, I went through hell just to make sure my business doesn't fall despite the insult I received from people yet I never give up because I know if I suffer today, I will enjoy tomorrow so it's not a day work especially if you want to maintain your status and don't want to be a failure and still enjoy being rich if not you will be poor.
Well said mate, to be a successful entrepreneur, you must be committed and also hardworking, you have to dedicate your time and effort to ensure that you grow
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I think an entrepreneur is a person who must succeed in business against all odds. Not every individual who owns a business is an entrepreneur. Such people establish businesses without the intention to create utility but rather just to make gains. When you don't create utility, you can't also make a profit but sadly, most business owners don't have this awareness. This is why they don't remain in business for long. You must try to solve a problem first before thinking of profit. Profit consideration is not always the first thought for an entrepreneur.
I don't see myself as an entrepreneur because I don't know how to run a business. I have set up a business twice and didn't succeed in the business due to poor marketing strategy.
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Did you ever launch a small business, how did it go?
Before you decide to venture into starting up your own business you have to first know if you are the kind of person who likes business or not, or someone doing a business for a long-term or short-term business. knowing if your business is long-term or short time will determine the amount of seriousness and effort that you need to put into it .
Starting up a small business and then failing can put you in a position to start up a better business later due to the experience that you have gathered from your first business.
Entrepreneurship is very demanding, and if it is a field that has your interest, you have to be prepared for the challenges and obstacles that you will face on your way to success.
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I had to experience a lot of trouble in executing the business plan because nothing is easy to do without experience. I planned everything but i had a hard time with everything and money was tight. I created a cow farm and initially had 2 cows but now 4. This business was the greatest experience of my life but i think anything is possible if you have the power in your mind. This entrepreneurial thing will only bring success to those people because you can do it when you think. But you should strengthen your knowledge from the experience of other entrepreneurs, then success will come in your business.
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Did you ever launch a small business, how did it go?
I have no small or big business of my own but I am looking forward to having one when all the investments I have in crypto yield many profits for me. Maybe by then, will think of having one business for myself to end up being a self-made in the business
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I had to experience a lot of trouble in executing the business plan because nothing is easy to do without experience. I planned everything but i had a hard time with everything and money was tight. I created a cow farm and initially had 2 cows but now 4. This business was the greatest experience of my life but i think anything is possible if you have the power in your mind. This entrepreneurial thing will only bring success to those people because you can do it when you think. But you should strengthen your knowledge from the experience of other entrepreneurs, then success will come in your business.
I agree with you that experience is essential for entrepreneurial success. When a person does business in an area where he has experience, it may be difficult, but he will undoubtedly succeed because he has prior knowledge and experience in the field. In fact, some people who have failed in business did so because they ventured into an area where they lacked knowledge and experience, and when the challenges of business arose, they were unable to face them and thus failed.
I advise that every prospective entrepreneur should venture in business in areas they have in-depth knowledge and experience about.
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Did you ever launch a small business, how did it go?
yes it was doing well but of course all businesses must face challenges this is how you can differentiate yourself from other entrepreneurs
when faced with a challenge we need to rise above and think of ways to innovate further and save our businesses think of ways to improve what you already have and think of the customers you have to keep and new customers you have to attract
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Did you ever launch a small business, how did it go?
yes it was doing well but of course all businesses must face challenges this is how you can differentiate yourself from other entrepreneurs
when faced with a challenge we need to rise above and think of ways to innovate further and save our businesses think of ways to improve what you already have and think of the customers you have to keep and new customers you have to attract
I will add that most businesses fail to grow due to the business owner's lack of innovation. Because society is dynamic, entrepreneurs must adapt to changing circumstances. Any entrepreneur who continues to do things in the traditional way will eventually lose market share, which becomes a challenge. Thus, to be successful, an entrepreneur must stay current and adapt to societal changes.
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I will add that most businesses fail to grow due to the business owner's lack of innovation. Because society is dynamic, entrepreneurs must adapt to changing circumstances. Any entrepreneur who continues to do things in the traditional way will eventually lose market share, which becomes a challenge. Thus, to be successful, an entrepreneur must stay current and adapt to societal changes.
Being an entrepreneur is challenging, which is why persistence is crucial. Entrepreneurs must face and overcome obstacles to achieve success. To stay competitive, it's essential to innovate and adopt modern systems to attract and retain customers.
A successful business must possess qualities that appeal to customers, and as an entrepreneur, patience and hard work are vital. While setbacks are inevitable, leveraging technological innovations can help maintain and grow your business. By embracing modern management techniques, entrepreneurs can effectively operate and manage their businesses, ultimately driving success and attracting new customers.
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To me being an entrepreneur means financial freedom, it means being your own boss, it means being a risk taker, it means being calculative, it means being time conscious, it means self employment
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I had to experience a lot of trouble in executing the business plan because nothing is easy to do without experience. I planned everything but i had a hard time with everything and money was tight. I created a cow farm and initially had 2 cows but now 4. This business was the greatest experience of my life but i think anything is possible if you have the power in your mind. This entrepreneurial thing will only bring success to those people because you can do it when you think. But you should strengthen your knowledge from the experience of other entrepreneurs, then success will come in your business.
Yeah, starting a business is never easy, especially without experience. It is great that you pushed through even when money was tight. Growing from 2 to 4 cows shows your hard work is paying off. You are right, success comes when you believe in yourself and learn from others who have been through it. Keep going and things will only get better.
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Did you ever launch a small business, how did it go?
Yeah I did, it was a provision business, at first it was going well, I had a lot of customers mostly children because they loved buying and eating biscuits and sweet, later on the business closed down one of the reasons for this was due to less gain and profit I was having and I was owed credit by some neighbors around they complained that the reason they weren't able to pay for their debt was because of the situation of the country. Irrespective of everything I partly blame the leaders for the closure of my business.
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You are right, success comes when you believe in yourself and learn from others who have been through it. Keep going and things will only get better.
Yes, that's fully true, the ones who believe in themselves are the ones who get success. For some people it's not hard to get success as their luck is good too but some people have to struggle a lot in order to reach the level of success that they always desired. Getting success in business also takes time and those who give it proper time without losing hope are the ones who get success.
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Did you ever launch a small business, how did it go?
I did do many small business before, some of them just start with a hype at first and slowly the flame die off and my business also and this makes me loss a lot of money. However i will still want to do business even after so many setbacks, business to me is lie a challenge and accomplishment.
Being an entrepreneur is not really an easy work, which one can dream, wake up and start getting profit from it, Nah, it’s something we have to do many sacrifices, such as requiring our time etc, and also be ready to receive the consequences if it’s not going as planned, which will make us to fall but as we fall, we should also rise because Rome wasn’t built in a day, so we can’t just become successful without having failures or being called failure before we can achieve or stand firm and when we succeed, we will see our past as a story to tell or encourage others who wants to give because they feel they are not doing it right.