Four Top Tips That Will Help You on Your Journey To Building And Starting Your Business

Mr. Price — Wed, 29 Mar 2023 15:20:20 +0000

1. You need to make sure nail down your idea

Don’t just think that it’s just about writing it down NO, it is about you thinking and saying that at this point you need to go back and say where am I missing it?

Am I looking at it in the wrong direction?

How can I create an idea that actually solves a problem?

And again, you have to look at it, is there money in the market I want to solve?

If there is no money, you are going to struggle.

Again business is not about your passion, or what you are interested in.

Business at the end of the day is about solving a problem and making money.

You need to understand that you need to make money.

The market you want to solve their problems, is there money, is there a lot of people in that marketplace?

You need to also understand who are the players, who are the competitors in that space, is there a problem they are not solving. By doing so, you can say while they are focusing on this area, you can decide to focus on another area they are not focusing on.

2. You need to build the right and hungry team

If your team members are not ready for success, it would be a problem. So you need to make sure you look for hungry team members.

Team members that want to also achieve something, they want to move forward, they want to make money, they want to double their sales, they want to increase their income. Those are the guys you need on your team. Qualified and hungry.

Again, if you are a solo entrepreneur, once you start growing, please you need to get people on your team, very important.

3. You need to Brand, Sell and Advertise Aggressively

Don’t be shy to advertise your business. There are some founders and business owners who don’t want to be in the limelight, they don’t want to be the face of their brand which is okay. You don’t necessarily need to be the face of your brand.

But you will need to hire a C.E.O. that can make it work. A C.E.O. that is going to push, sell and advertise the brand.

But if you are the person that is brave enough to be the face of the brand, you will have to sell aggressively. People need to know what you are doing. You need to market it every single day, and sponsor ADS.

Once you do all this, you will see money and income coming your way.

4. You need to build a B2B relationship

You will need to find out who are the similar players or your suppliers or the people you can easily leverage on.

That is what is called the traditional “Trade by Batter”. What do you have that you can give to someone else? You can’t pay for everything.

Those are the four tips you need when you are building a business. If you do these four tips, your business will never remain the same.

4 Mindful Ways to Dominate Your Busy Day As An Entrepreneur

Mr. Price — Wed, 29 Mar 2023 12:26:39 +0000

As an entrepreneur, as a business owner, you definitely have tight schedules. You are busy and have a lot to do. You sometimes get lost on your busy schedule. This is why you need to incorporate mindfulness so that you can dominate your day.

So how can you dominate your day, how can you incorporate mindfulness into your tight schedule?

1. When you wake up in the morning, avoid touching your phone for the first 15 - 30 minutes.

Most times, you are always tempted to quickly check your social media(Instagram, Twitter, Whatsapp). But you see when you start your day that way, you have already lost touch, you can’t dominate your day because you have already been hooked to too much information and you are not in tune with yourself.

So when you wake up in the morning, make sure you don’t touch your phone for the first 15 to 30 minutes to make sure that you spend that time to be in tune with yourself.

2. You should have mindfulness on your commute to work

Your commute to work take a chunk of your time in the day, especially for people that stay in what i call the Big and Mega cities, London, New York, Lagos. If you stay in any of these cities, you can spend at least two hours in traffic. So what do you do at that moment? Do you take advantage of that commute time?

You can decide to apply some mindfulness into this period. It is really important you take advantage of this time.

3. You need to apply mindfulness when you are in line or queue

You go to the supermarket or the ATM machine or you get in a line to get food, why don’t you use this period for mindfulness, why don’t use this period to get in tune with yourself. You should incorporate mindfulness to that time when you are in a queue.

Think of the things that are stressing you at the moment, and how you can solve them.

4. You need to apply mindfulness during your break at work

Break time is a good time to incorporate mindfulness, it is not the time to hang out with friends and colleagues and get burnt out from talking and non-stop conversations.

But it is the perfect time to reflect on yourself and know how you are feeling at the moment. Time to calibrate and focus on what you need to do and have your own time.

Business – MR PRICE