Every Entrepreneur has a best innovative idea which can make fulfill the needs of people and They also start the small business because they invest according to culture and community because firstly, they search the market, identify the needs of customers, and makes sure the income and all demographic factors. All following point include in it:
- Culture
- Rites
- Community
- Likes and dislikes
- Marriages
- Gender
- Income
- Living standards
- taste
- Thinking style
- wearing style
- How many touches with fashion
There are following steps that everyone doing easily but steps are difficult:
- Personal Motivation
- Raw idea
- Convenience to the customers
- Cover market gap
- Arrangement of resources
- Business planning
- Startup of business
Now, these steps that can take easily and implementation according to the customer because they know about the future making and wants to move influence to their ideas.
1) Personal motivation
Here you are ready to do a new innovative business. The passion of a man affects on everything because they enthusiast things always work with you. Some points that match your personality:
- Family background
The family background as an effect because if your family already paid services then you will convince to services, and if your family do the business then you will be attracted to the business side.
- Your thinking about the business. Your mind attraction to business after your satisfaction because in Islam Hazrat Muhammad SAW said: your 70% Income from trading and 30% from a job and its reality.
- Educational background effects to you convince to do the business. Sometimes you have business studies and sometimes a doctor or engineer degree.
2) Raw ideas
Now the idea is ready after some techniques and working condition:
Now we analyze everything.
Now we analyze everything.
3) Convenience to the consumers
when you provide the products according to the needs of customers because they find the solution not only the product. For Example, K&N's provide full ready dishes just ready in two minutes because they find and research about the living style and how people busy in their life?
4) Cover market gap
Now the stage we analyze the proper market and search about the need and wants. There are some ways to check the gap in the market:
- Search about the foreign countries facilities
- Type of gap, for example, Beef use in a burger like Indian they do not use beef in a burger because they are not allowed in their religion. So you should provide other dishes that are included in their religion and new dishes with delicious taste.
- To check the income and economy position before starting an put the innovative idea
- To check the taste of people in food, traveling, living standard, technology.
5) The arrangement of resources
if you have a new idea for people satisfaction and fulfillment of needs then some agencies, government offices, large companies who provide funds for the business startups because they want to earn profit from it. Some offices are the following:
6) Business planning
Now the planning includes some components that help to you in startup so there are following:
- What you want to start?
- When you start?
- Where you start?
- Why you start?
- How to start?
All questions marks before the business queries, all components give us signals of business, the human capital collection includes in it, Somewhere social links and contacts help you to start up the business.
7) Birth of business
Now the final step to startup some people helps to expand your business because you need a marker to expand and marketing program for the awareness of the public.
Pinpoint: Everyone can easily pass all 7 steps but some further steps that help to your long-term business. Link below:
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