First thing you wish you had done when starting a new business?

Danlucy

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Oct 12, 2014
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Hey there,

I am just curious to ask all the business owners here, what it the first thing you wish you did, when starting your business?

I look forward to your answers!

Many thanks!
 

Knightmedia

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Feb 20, 2014
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Hey there,

I am just curious to ask all the business owners here, what it the first thing you wish you did, when starting your business?

I look forward to your answers!

Many thanks!
Learn internet marketing and real marketing before focusing on products, and trying to get clients.
 

markwalbarg

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Mar 11, 2019
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First of all, research! I believe that so many times in business coz of bad research.
 

monjur

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Nov 5, 2020
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At first, check the market well, then take the right plan for the business.
 

OliveFox

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Feb 1, 2021
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Prepare a more detailed business plan, plan my budget more carefully, prepare marketing strategy, avoid unnecessary costs
 

jeffscott

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Dec 18, 2017
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Starting a new business requires knowledge and expertise in the field. It is recommended that you are on hand in your business particularly starting business. It will need a thorough research and market analysis to the chosen field.
 

Wagstaff

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For the first, you need a good marketing and a lot of ads that will help people to know about your business.
 

marciayudkin

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Sep 13, 2014
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I have knowledge about that field and of course is, i have money to invest for it, money will boost business success faster.
 

Greesh

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Do feasibility studies. Gather information about ROI, location, strategies and etc.
 

conivalcheese

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Do Research, lots of research. Study the market, competitors, suppliers and permits. Do cost analysis also.
 

0NightStalker0

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audience analysis, target audience analysis, supply and demand study, competitor analytics
 

Nemanja

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I am just curious to ask all the business owners here, what it the first thing you wish you did, when starting your business?
Starting a business is an exciting journey, and many business owners have valuable insights to share. As if I were a fellow business owner, I'd say the first thing I wish I did when starting my business is thorough market research. Understanding my target audience, competitors, and industry trends from the outset would have allowed me to tailor my products or services more effectively and position my business for success. Additionally, building a robust business plan and financial strategy early on would have provided a clearer roadmap for growth and sustainability.

I'm eager to hear from other business owners about their experiences and the first steps they wish they had taken!
 

hipcat

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Jun 14, 2013
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Not being so hesitant. Just do it!

Jump in the water and figure it out as I go, but holding back too much has meant a lot of missed opportunities.

So, be prepared, sure, but still go for it...
 

Farris

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Dec 21, 2016
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For me it was accounting believe it or not. I did not keep track of my transactions which is called bookkeeping.
I think that you should track your progress to see where you are now.
 

Abhishake0025

New member
Joined
Sep 16, 2023
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Hey there,

I am just curious to ask all the business owners here, what it the first thing you wish you did, when starting your business?

I look forward to your answers!

Many thanks!
Research. It is the key element of your business career. Try to enter low-competition businesses as there you have more chances to get success.
 
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