Which Business Should I Start ?

Which business to start? Many are looking for the answer to this question. The question is short, but with no answer. The answer to this question can change your life and this world.

Change

Which business has been born in the last 10 years? And which ones disappeared?

Remember the coin box? Where are the coin boxes that appeared a few years ago? Where are the Kodak cameras that can be seen in everyone's home? Where's Cassettes, Radio? What would have happened if someone had advised you 10 years ago to start one of these businesses?

Some new businesses have been born in 10 years. Online Sales, Mobile Recharge - Repair Center, Mobile Insurance. In the past, people used to enjoy watching television, but today, with thousands of TV channels, people want Youtube. And now people want Netflix.

In the last 10 years, some businesses have been born and some have died. So what business should I do?
One thing you will notice is that the world is changing, and it is changing very fast. Imagine that your phone would run in the water and in a few years the phone came. You thought you could buy things while sitting at a place, and now you do. We can send money to our relatives from home itself. Now new 3D printers are coming.

So ultimately, what business should I do? Is not the right question in today's world. Because in today's world it is impossible to say which business will last and for how long.

Then what is the correct question?

What can I give to this world? How can I make this world better? What qualities / arts do I have, through which can I do this?

To do a good job in this world, you don't need to do social work.

Jack Ma started the Alibaba.com website in China, connecting many small businesses. It benefited the small business and of course the common man. Steve Jobs started Apple. Apple has made such rapid progress in the world of phones. Today we use the phone for many things. Microsoft was created by Bill Gates. So it is possible to use computer easily in today's world.

Haven't all these people changed our world? They asked themselves, "What work can I do better? What do I really like to do? ”

These people had big dreams. They did not dream for themselves that I would buy a big car and build a bungalow. These people dreamed of changing the world. What will you give to this world? What changes are you going to make? They kept thinking about it. That's why they were able to take such a big risk. That is why they did not back down in difficult times. Because their dreams were very big.

Not everyone intends to give something back to the world. Not everyone wishes to be so big while doing business. So what should they think? If there are no big dreams to change the world, how will the country change? If not, how will my kingdom change? My city? How will the surroundings of my house change? Otherwise how will I develop my own in the end? This should be considered.

The point to say all this is that while doing business, what can we give to this world, to human society, through our business? That should be the purpose. If your only goal is to get rich, you will run a selfish, for-profit business. In which making money will be everything. Such businesses do not think remotely and selfishly think about how to increase profits. Such businesses do not last long.

How big your business will be depends on how big a change you make. But the goal should always be to give, not just to get rich.

Have Steve Jobs, Elon Musk, Bill Gates, Jack Ma ever asked people? What business should I start? On the contrary, these people sacrificed a lot for their business. Although many fooled them, they fought against the world. They dedicated their lives to their businesses.

Business or job?

Which business to start is not the main question. The main question is whether I should do business or not? First you decide whether you want to start a business or a job. Which business to do is the latter.

The basic difference between a job and a business is that in business you have to learn new things. You have to accept responsibility for everything. Here you can't escape blaming your boss, because here you are your boss. Someone has said, "If you think your teachers are bad, wait for the boss, and if you think your boss is bad, wait for you to be your boss."

Businesses are more risky than jobs. When you ask someone, What business do I do? What answer do you expect? Someone should say a business that works well, a business that is easy to do, a business that has a low investment. Give me a ready-made formula of what business should I do? This question is basically a useless one. No one can tell you what business to do. The answer to this question should be your own. Only then will the business be successful, will the business be successful because someone else is talking?

You expect the answer to be a low-risk business. If you want security, you should go to work. If you want to take more risk, come to business. Business or job? What is the answer to your question?

When you ask which business to start? That's when your business starts with borrowed knowledge. If there is no one to advice you tomorrow, what do you do when things go wrong? The world is changing rapidly. So your business will have to change drastically. You might be doing the same business but with different interface. You may still sell groceries, but online, home delivery, cash back these words will accumulate in your business. You may sell clothes but in the future your clothes will be so smart that they will communicate with you, your clothes will change color according to your mood, you may never have to wear another dress, your dress will look the way you want.

The important point here is, will you succeed in the business you are going to do or not? Will it last for long? Will you continue the same work for years? All these questions have no answers. So if you decide to do a business, you will definitely do it. The important thing is that your mindset to do business, that is, you will find or create the right business for yourself.

Now your question is which business to start? Like I said above, you should first think about what can you give to this world. How can you make this world better? Why so, because while searching for the answer to these questions, you will find two important things.

1. What is my hobby
2. What qualities do I have?

We will see at the second question first.

We believe that we can learn the things we don't know by practicing. But it is very important that you get to know yourself. What qualities do you have? What work can you do better? Consider this too. The question of what you like most of the time is not answered correctly. Because your passion is influenced by the things around you. Many people wanted to be Sachin Tendulkar, now some want to be Virat Kohli. Kabaddi is slowly gaining popularity, some may want to pursue a career in it. We all must have wanted to be the hero of the film at some point or another.

Life needs commitment. You need to be able to do what you want to do, even if it means failing.

What do you like? And what you can do better? If you reach the golden mean of these two things, it will be very good. It means finding something that you love and that you have the qualities to do it. I love watching movies. But I decided not to be an actor or a director. Because I felt that I did not have the qualities needed to become one. So choose the thing that you love and you have the qualities to do it.

When will you succeed in business?

When you have something better than a competitor. When can you do something better than a competitor? What do you have to do for that? You just have to be more discriminating with the help you render toward other people. If you don't like it, can you be an expert? Can you do it better than others without being an expert? And you can't do it better than others, so why would people come to you?

If you like to sing and you start an electronics business, because someone has advised you to do this business. Now you don't know the difference between LCD and LED, but you can tell the difference between the two ragas. So what business should you do?

What qualities do you need to do business?

Leadership

The business owner needs to be a good leader. People always work under his authority. He should be able to get work done from those people. He should be able to train people. Otherwise he will get stuck in his business and become an employee there. Many people start working in their own business so they restrict their business growth.

For example, You may have seen this scene in many clothing stores. The owners are Gujarati, Marwari people. Who only work to take money over the counter. Showing you clothes, preparing the bill, all the work is carried on by the employees working there.In many shops you will see that the manager also an employee and the same shop is running well even when the owner is not present. Why can't a man who can be a manager be an owner? The owner of that shop has succeeded in hiring an honest and hardworking man. Now he is ready to focus on his second business. The purpose is not to spread dissatisfaction about any society, but to improve oneself by noticing differences.

To be able to sale yourself

Why is it necessary to sell? What are we all doing? What do you do when you go for a job interview? What do you do when you go to a wedding venue? What do you do when you show your newly purchased items to relatives and friends? What do you do when you say good morning to your boss? What do you do when you see your favorite person? We sell ourselves. Selling oneself doesn't mean I'm willing to do anything for money. To convince others that I am good in the specific work area. Make my choice for that job. We sell ourselves in life. Convincing others is also a part of marketing.

What is a business? Exchange of goods, buying and selling. That is, when people buy from you, you can do business. Will you wait for people to come to you or will you go to them and say buy from me?

In our society, the person who sells something is looked down upon. It is presumed that whoever seeks to sell, there is something lacking in it. If there is a thing you have made is good, people are going to get benefit from using it. Then why not advertise it? If you don't advertise, how will people know about you? If you just say, mouth publicity from my customer is my advertisement, then how long will it take you to reach all the people?

If you are selling something then you have lacking something, get rid of this inferiority complex. I have created the product. I think people will benefit from using that product. It's my job to make this product known to the people and its benefits. If you don't want to grow your business, don't advertise. But if you want to grow your business, add new customers, then you have to reach them. For that, you will have to advertise your business.

Patience

Doing business is like walking towards the light in the dark of night. You know where to go. But you never know how far you have to go. In the dark we have no idea how far that light is. We keep walking towards the light. You feel like you've been walking for a long time. How far is that light? Go back Shall I find another light? Many such questions come to mind. When you enter in business, you know your goals. How much you want to grow your business. What will we buy with the earnings made in it? It also has a list. We have a picture in our head of how to be successful. But how to get there? Will you Reach there or not? If we reach, how long will you stay? Many such questions come to mind. It is in this confusion, many withdraw their interest in business. Before starting a business, consider such a situation. Will you survive in this situation?

Environment

Your business should have a healthy environment where employees can come and tell you new ideas. For that, you should not be angry with them or take revenge on them. An ideal rule should be made for what always happens. This means that your employees will not come to you every time. They know what you need to do in such a situation.

Praise you employees publically, but tell them their mistakes in private. Everything else in your business will cost less, except for the employees. The cost of training and experience will continue to increase. Don't keep attitude as employees are your slaves, get the most out of them. In contrary, think that employees are your business partners, they will help you grow your business.

To determine price

What is the value of which item? Suppose there is a plot, someone is ready to buy it for Rs 10 lakh, someone for Rs 7 lakh and someone for Rs 15 lakh. So what's the value of that plot? Nothing had a fixed value. The value of anything that would be accepted by both the seller and the buyer. So you should be able to make a price while doing business. First find out who has the power to price.

What is the best position to price? Where both the seller and buyer wins. Only then will people on both sides will be happy. Then only they will deal with each other in the future. This is called 'Win-win' situation. If just one of the parties wins, the chances of that deal coming back are very low.

Never stick to one thing when it comes to price. The only option left is to win and lose. Never assume that you know what the customer wants as every man is different. He thinks differently when it comes to price. Money is not everything. Price is always dependent on two parties.

Profit

The basic purpose of doing business is to make a profit. This year we saw in the news that many online companies have closed down. That company was not making a profit. Running a non-profit business for a long time is a very difficult task. Borrowing is essential for growth. But how much to borrow? How will it be repaid? You have to decide. Best of all, use the profits you make to grow your business. Borrowing to grow a business is more risky. So you can get into the debt cycle. How much are you going to sell? How much is going to buy? How much is your profit? Start a business with this math.

Many people want to start a business. Some want to run it and very few want to sustain it. To do business is to keep learning.