Be Business Man / Women

Hello Tilters , 
First of all , we discuss about , How can you become a Business man / Woman ?
Ans -

If you want to win the game, you need to first start playing.

Okay another one.

Want to swim? First jump in water!

I'll tell you, I had the exact same question a few months ago. You know, I get it, business is the way to obtain financial independence. OK. Enough with the motivational bullshit. Where to start?

It was at that point that a wise man told me the above line. I had attended a solar-panel installation seminar for businessmen. (I had attended specifically to see how business people think differently.) I got my lesson.

I basically decided to accept every opportunity that came my way. I read a lot about business. I observed live businesses. I even joined a network marketing business, because Robert Kiyosaki said so.

A few weeks later, my friend offered to start a business with me. I said yes. And guess what, we are to start the business within this month itself!

So technically, I have started playing the game. Time will tell if I win it or not.

So your takeaway, keep looking. And meanwhile, develop your skills that might prove useful in a business. Read, observe, learn. First say yes to learning opportunities. Think later.

I have found that, opportunities keep coming your way, just you need to recognise them. Say yes(untill saying yes becomes a burden. Then learn to say no, but that's for later). For now, keep looking.

Consider College

Having a college degree is not a requirement in becoming a successful businessman, but it does help. BBA and MBA programs give you knowledge to help stay successful in the corporate world. If you are determined start a business full time, and you want to devote your energy to this endeavor, consider taking business classes that will help you with marketing, financial matters and web site design. The Small Business Administration offers free classes to budding entrepreneurs in the basics of business. Also, find out about certificate programs in your area of interest. Credibility comes with licensing and certificates. Plus, if you plan to perform hands on technical tasks in your business, a license might be mandatory.

Apprenticeship

Consider taking an apprenticeship position and allow someone to mentor you. Find out about apprenticeships in your area. You might end up taking over the business one day. Becoming a businessman doesn't mean you have to own your own business. You can be a manager responsible for collaborating with partners, raising cash flow and running an existing business. This is a great way to start gaining experience while you save money to open your own shop.

Capital

Starting a business doesn't have to require huge investments. Some businesses you can start online with just your computer. If you have a skill such as editing, you can open your business online and market yourself by having potential customers email you writing samples. In this case, it might be best to take a certified editor course either online or at your local community college. Bookkeeping is another good job to consider because you can work from home using a financial software program. If administration is not your thing, consider something in the field of desktop publishing.

Possible Franchising

Consider franchising. The startup costs vary, but some might be reasonable for you. Franchising takes away some of the anxiety because you have a support system to help you . Most corporate offices that offer franchise opportunities provide step-by-step guidance in starting the business. It helps to have experience in the field you want to franchise because you can perform a lot of the tasks while you seek employees to help you. Also, some franchise companies offer breaks to experienced franchisees. For example, some staffing agencies will give you a break on startup costs if you already have staffing experience.

Starting a business right out of high school will have its advantages and disadvantages. More than likely, you're younger than the average business owner, so you run the risk of people not taking you seriously. Be firm, mature, confident and diligent. If you have these qualities, you will eventually succeed. Use your experiences as a younger businessman to your advantage. Develop a strong social media presence. Absorb all the experience you can. The younger you start, the more experience you gain and the more competitive you grow.

It would probably feel proud and thankful. The thing that makes me say that is because you took the risk, Worked hard and found success, Found the reward. and your thankful for your parents, Teacher and other people who made you this capable.

The thing that makes you proud is that you had a mission which you completed, a challenge you met.

‘’There are no secrets to success, It is the preparation, handwork and learning from failure’’ - Colin Powell

In my opinion , What are the best business models ?

Zara!

The founder (Amancio Ortega) is said to be the most hated man in the fashion industry. Here’s why:

Zara’s original mission derived from Ortega’s job in an exclusive fashion store in Spain. While he was working there he started copying clothes from exclusive brands and sold them from door to door. Even today, that’s Zara’s strategy. They “copy” other designers’ clothes and while these designers have to wait about a month to get the designs in store, Zara mass produces them in Asia and gets them in the stores after only two weeks. In other words, they copy the designs of the big brands (Dior, Givenchy,…) and sell them way earlier. In that way they have expensive looking but cheaper clothes and they remain up to date with the newest trends.

However, that’s not everything!

Zara's strategy involves stocking very little and updating collections very often. Instead of other brands that only update once a season, Zara restocks with new designs twice a week! This encourages customers to come back to the store often. It also means that if the shopper wants to buy something, he or she feels that they have to purchase on the spot to guarantee it won't sell out. And thus, these guys are always one step ahead.

Consider them the Goldman Sachs of fashion: Not very ethical, but it works.

Regards.....

- Chetan