Seven criteria for an ideal business niche
1. “High Resolution”
Here we are talking about your “resolution” in this niche, that is, about your level of understanding, your experience, knowledge. For example, if you enjoy your entire adult life on paragliding, parachuting and other air-extreme things, then it is clear that your permission in this area is great, simply speaking, you are “in the subject”. Accordingly, it will be much easier for you to open an online store of paragliders, rather than an online store of dry mixes for baking.
2. “the suffering crowd” Continue reading
How can an entrepreneur get rid of decadent thoughts?
1. Do not leave the production. If you turned your hobby into a business, and the company began to grow rapidly, you most likely do not have to do your favorite business anymore. Now, instead of spending time at the lathe or embroidery, you have to follow the staff, optimize business processes, communicate with customers and go to presentations. This can cause apathy. Allocate two hours a day and dedicate them entirely to production. The joy of doing things you love will be back.
2. Re-read old letters. Continue reading
What you need to learn before becoming a businessman?
1. Time management. Many speak about it, but the most part of such people does not own this interesting skill at all. The essence of time management is to learn not to postpone the most important things for later.
Never deal with a bunch of “urgent” small things that do not bring results to achieve your goals. Try to delegate them to your subordinates. If you decide to create your own business, then independently manage your own time. Do not drag yourself into the infinite abyss of solving problems in the family, with children, and other minor household problems. Continue reading