What does it take to become an entrepreneur?
It's a fact. Everyone, at least at some point, has had the idea of leaving a monotonous life and start working in a company of their own. For this to happen, you have to start somewhere - look no further, at Buq we tell you how.
What is entrepreneurship?
An entrepreneur is a person who starts a business. It's as simple as that. And like other business owners, he or she takes the financial and personal risks involved in order to make his or her venture grow.
In order to start a business, it is not usually necessary to have any unusual knowledge. But what is highly recommended is that the entrepreneur has some kind of experience in the area where he/she is going to work.
How can I get started?
- A business idea
It seems obvious, but this is the starting point of it all. Maybe you have a completely new product or service and therefore, you want to exploit its potential to the fullest. Which is an ideal case, as you could become a leader in your area or sector.
But also, if you only want to start with the objective of generating some extra income, it is not necessary to discover the black thread of things. You can start by marketing a product that you have noticed that sells a lot and take advantage of it yourself.
- Validate your business idea
Once you have an idea that you believe can work as a business, the next step is to make sure you can make money with it. This step is called validation and consists of verifying that people will buy your product because it is good and works for them, not just because it is a novelty.
To validate your product verify the following:
- Be perfectly clear about the problem you are solving for your customers.
- Research if there are already products or services that currently solve the problem.
- Define what makes your product or service different, unique, or special.
- Test your product or service directly with your customers
After verifying these steps, you will surely have more certainty about whether your product or service has the approval of those who purchase it.
- Create a business plan
A business plan is a document that simplifies the understanding of your business operation for you and, if applicable, potential investors. Writing your company's business plan is extremely simple. It is just a matter of paying attention to detail in the following points:
- A description of your company that explains what problems your product or service solves and why your idea is the best.
- An analysis that describes the ideal customers, explores the competition in detail and takes into account the trends of the sector of the product or service to be offered.
- A description of the company's organizational structure and a list of the personnel required to operate.
- A mission and objectives detailing what the company wants to achieve and the steps to achieve it.
- A marketing plan indicating how the product will be distributed, what efforts are needed to make it known, in which cases promotional discounts apply and how advertising will be handled.
- And of course, a financial plan. This includes an operating budget along with projected financial statements. That is to say, a financial comparison between the money you have and the money you plan to obtain. In addition to listing all expenses.
Get started with a digital venture
One of the best ways to start a business is undoubtedly to do it digitally. And beyond what you may think, you don't need to have advanced programming knowledge to start.
A digital venture consists of creating a business that operates directly on the Internet. It can be selling online, offering services or even marketing content on demand. All without the need to invest in a physical space to open your business.
Among the most outstanding advantages of this business model is that the initial investment to start it up is quite affordable. So if you have little capital, you can start on a scale that fits your budget and then scale the business as your sales grow.
And if you still have doubts that a digital venture is a good business, know this fact: Hootsuite's global study on the use of the Internet indicates that 96.87 million Mexicans (74% of the country) are Internet users, so the possibility of finding customers for your product or service on the Internet is very high.
Don't wait any longer! Digitize your business with BUQ right now and start a profitable venture.
