Hy, welcome back. In this article, I will share with you my secret of learning before starting a new business. I am sharing my own experience and things that really help you to grow.
As you know in this pandemic people are closing their jobs and now people are getting more serious about their passive income or multi-source of income so that they can handle the situation well. Nowadays having a multi-source of income is a necessary thing due to the increase in inflation rates and expenses getting more and more.
Let’s discuss how we can build this idea from a long term perspective. We will see some key elements to become successful in life as well as in business.
Design a Prototype
Is it possible to start a business without having a plan? I don’t think it’s possible.
So let’s be clear with your plan. If you are in your 20’s then you must start thinking about innovative ideas or creative thinking so that in future you can implement them.
If you want to start your business now, first set up a Prototype and always start with a small and consistent work of that small model. Prototype building on a smaller level gives you much confidence and less risk. Invest yourself in market research and analysis. Try to understand how technologies can help you in reducing work and increase productivity.
Let me explain to you, before having a business. Try to do the same online and as a way of freelancing. I started my freelancing a couple of years ago and I have got some good quality clients overseas which helped me to build communication skills as well as my initial capital.
Start your investment journey now with Zerodha: Click Here
Explore Less Cluttered Fields
Always try to find some less competitive fields and analyze how you can produce better content or product. Like if you want to start a youtube channel, show some creativity in your content and editing style so people will get engaged with your content.
Try to find some lesser-explored fields and take advantage of making something unique in that field. Regularly watch new trades and achiever podcasts and their articles and learn new things in the same fields.
Passion + Hard Work = Success
As you all know that passion is an important part of your career or in life. If you are having a great interest in some work and you will add the hard work into it then definitely you can achieve whatever you want to. The goals will be achieved by trusting your passion and working on it consistently without worrying about failure.
Also Read: How can you be more productive at WFH?
This is the most important part of your life. Being disciplined is what makes you different from others. Don’t you think at one time all will start the process to achieve their dream and only a few are able to achieve it.
But why? The major reason is discipline. Let’s assume you start a youtube channel and you continually upload 10 to 20 videos then you realize you are not getting any views or the channel is not growing. The majority of the people will leave the field and start doing something else.
But it takes time. You have to consistently see a particular displaced person along with good content.
Trust me it works.
These are a few important lessons that I learned in my life and I guess this article will be helpful for you as well. Share your thoughts below in the comment section.
Thank you for your time.