BE YOUR OWN BOSS.

How to start a business?

        For starting a business first we should know about what is Business? People think that business is the way to earn Profit which is true, but of what people do not aware about is the “time it takes”.

          In reality Business is all about learning for some earning and by the experience and some specific skill-sets with that small learning to grow the earnings.

         Here Learning doesn’t mean that you need to take degree in that specific field, or attain Business Training and motivational seminars or reading books. Start whatever you wanted to do on very small scale. Make a Prototype of your Business and learn from it. next step is to implement that learning to scale the business.

         Taking small risks rather than going for blind one is always a good idea. Though you are 100 percent confident about your idea still I suggest you to take risks in steps. Always starts with very little investment. Initially you can outsource some work whatever possible if the machinery is costlier. Production cost will be somehow more in this so your profit margins may be less but positive thing is that your risk will be low.  Once your idea hits the target then you can raise the investment purchase the machinery and in terms increase your profit margins. It is a safer  way to start a Business or do startup.

...Kaustubh Wankhade