11 October,2019 12:29 PM IST | Mumbai | mid-day online correspondent
This picture has been used for representational purpose
Starting your own business is often a learn-as-you-go process. But, the more smart decisions you make early on, the better chance your company has for success. First and the most crucial aspect is that instead of ideating about what to sell, think about what it will solve. It's a lot easier to gain a solid customer base when your business is fixing a problem. Your startup should fill a hole in a certain market or niche. If you're like many entrepreneurs, you have a business idea and you're ready to run with it. Be careful not to let your concept snowball into something overcomplicated. You could end up with an expensive, elaborate end-product that nobody wants to buy. So before setting on an entrepreneurial journey, Malini Agarwal - Founder and Creative Director of MissMalini Entertainment shares some few important things to focus on.
Lastly, pay absolute heed to any advice you receive- from friends, family, experts, even yourself. When it comes to things pertaining to your entrepreneurial goals, be a sponge. As you learn, start to work out the idea in your mind. Write things down. Keep notes from all the resources you come across to develop a detailed plan. Don't ignore the power of advice from experts and veteran business owners. These folks know first-hand what does and doesn't work. Smart entrepreneurs learn from the mistakes other business owners have made. If you program yourself in accordance with all of this, you'll be prepared to set on your journey of successful entrepreneurship.
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