| json_metadata | "{"app":"musing/1.1","appTags":["life","business"],"appCategory":"life","appTitle":"As a beginner, what do I need to consider before I start my own business?","appBody":"<p>The first thing is to do market research on what is trendy now currently on the market and is highly demanded. Then there is the preparation of the lost of any cash if there is any lost involved.</p><p>Investment into a business is something that really takes a lot of guts. Many who venture into business aren't successful because they can't get through the mental barriers. There is a lot of innovative and creativity that goes on to ensure any business success. Ask someone who has already have a successful business to give you guidance on how their business have run successfully.</p><p>It won't be easy running business as it is a full time job too. Even though we don't have our boss to command us but the bottom line would be something that sends business owners into insomnia every night. Then new businesses usually do well for the first year and some of the times the competitors catch up with their own strategies and if we don't continue to innovate, our business would definitely lose its market share where your operating your business.</p><p>I have seen the type of business that are almost full proof are those bubble milk teas, since there is a huge hype in new drinks and people pay high price for these insta moments, then service related business with low cost and just your skills to run the business, mini marts, I seen alot of it doing well, with low margins due to daily necessities. Then food business, the ones where people go for their lunch and breakfast and dinner. The not so expensive joints unlike fine dinning. Some restaurant owners I see who owns these restaurants and rent out the stalls to the different stall owners drive a porshe.</p><p>Well, the most important is determination. Hard times may come but that's gonna be a lesson to learn in business. </p>","appDepth":2,"appParentPermlink":"f3z5l5wsq","appParentAuthor":"funtraveller","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
|---|
hiveblocks