How To Start a Business
Welcome! If you're here, you're probably pretty serious about starting your own business. Whether you already have an idea or haven't found the right one yet, this chapter will help you better understand what you need to get started, what knowledge you need, and how to set your expectations correctly.
Welcome! If you're here, you're probably pretty serious about starting your own business. Whether you already have an idea or haven't found the right one yet, this chapter will help you better understand what you need to get started, what knowledge you need, and how to set your expectations correctly.
You've decided you want to have your own business, but you still don't have an idea that seems right for you. In order to identify it you will need to study and learn. The important thing is to make a habit of exploring trends or changes in people's behavior and the products they use.
The decision to open your own business comes with a lot of changes: responsibilities multiply, work schedules and priorities are reorganized. Vlad Craioveanu, co-founder of Impact Hub Bucharest, talks about the important questions one needs to ask oneself.
Before you start selling, you need to clarify your business model and simulate how it will actually work. Basically, you have to make some decisions about how you will manage the activity, the resources you need and the growth opportunities they open up. Here's what you need to know about the business model and business plan.