What is a business and how to build it?

What is business? Business - is an entrepreneurial activity, the main purpose of which is to make a profit. Not only different people who represent any employees of firms or other people, but also the state, as executive and legislative authorities in the country, the market as a certain set of different, competing firms, can act as participants of the business today And, in the end, society, as, in fact, the ultimate buyer of all manufactured products.

In this article, three types of ways of how to build your business will be considered. The first way is the beginning, when a person opens his own business completely, without any support from outside and without any definite managerial experience. The second is when a person has a teacher with sufficient practice. And the third is when a person is engaged with an experienced and professional trainer.

The first way

Basically, people who do not even have a clue what business is and how to lead it go to it for two reasons:

The first is when a person in his service receives a serious share of responsible work, and at the same time begins to gradually think that virtually the whole company is already holding onto his shoulders, so he himself is able to open his own.

The second is when a person has reached a sufficiently high level of knowledge in his field, he decides that he is already ready to organize his own firm to provide this range of services. It is worth noting that such people also often do not know what business is, so they fail in 95% of cases.

Entrepreneurship and management are such areas that require a lot of skills and knowledge from a person, and therefore you should not just start your own business. To begin with it is necessary to listen to a huge number of all kinds of lectures on entrepreneurship, read several books, use your knowledge in some way in practice, without starting your own business.

The second way

If you have not yet got some practice of doing business, but you already know at least about what a business is and persistently want to start it, then this road will be the most convenient for you.

The main thing for you is to find an experienced, talented teacher who has already achieved certain successes in his field. It is even possible, perhaps, to work on it for a while to teach various skills, after which it is only to open your own business.

Management skills can not develop only through theoretical studies or during just a few months of practice.

Another advantage of such work for an experienced leader is that you will make mistakes, but this will happen much less often, and you will not lose your business after they are committed. The latter is extremely important.

The third way

If you did not get to go to any team to an experienced entrepreneur, then it is worthwhile to go into business with the help of a professional person who can guide you and give you various advice. Of course, he will not be as a mentor to be near each time you act, but his help will also be priceless.

Let this path is somewhat worse than the second, but it is also quite effective and will allow you to significantly reduce the chance of your defeat. If you start working in a team with such a coach, for example, as a business partner, then he will be even more interested in your success and will devote you even more of his time.

Conclusion

The first method is available to everyone, however, it is most inefficient, especially if an unusual business develops.

The second way is not so affordable, but the most effective.

The third method is less effective than the second, but it allows you not to wait a few years before starting your own business.