Here are 10 strategies that quoted from Renee Martin,
author of "The Risk Takers: 16 Women and Men Share Their Entrepreneurial Strategies for Success",
to make you more confident and brave decision.
1. Go hunt for specific markets
Identify and meet the needs of niche markets (specifically) that have been left by a competitor. Wake a superior ability of your company. Remember, a large company can not offer everything to everyone. Most niche markets are too small for them to consider. Take the missed recesses of the.
2. Find new trend and get
Search the needs and desires of consumers arising from changes in cultural trends, economic, or technological opportunities in new markets. Act fast, do not be tentative.
3. Begin now
Stop making excuses for not immediately launch your effort. The most appropriate time to launch the business will never be predictable. Do not let your competitors beat you prospect for a head start. Begin moving. Prepare short-term goals and deadlines that can help you get closer to opening your business.
4. Get rid of the conventional advice
No need to put in every heart what people are saying, "would not work," or saying, "no one has ever tried it that way." Every now and then, it could not hurt to shift slightly from the formula and how the existing standard reference text in the business . Consider the ways the practitioners in the industry trying to build a business with a hiperkritis outlook. Learn the depth of various points of view, and wake up the worst possible scenario occurs.
5. Exploit your competitors weaknesses and make it become your strength
Take a critical perspective of your competitors from the customer perspective. Listen to the needs and complaints of prospective customers that received by the sales. This will help identify weaknesses and lack of competitors. Search for eliminating the weaknesses of your service or product, then make sure your company is better in that regard.
6. Filling a niche
It is important to be able to identify the market and their needs. Especially in areas inaccessible to your competitors. Learn how to anticipate new areas that will likely be a need for services and the position of your business one step ahead of competitors.
7. Save money and make sure you get the exposure without too much spending money
How can you sell goods or services if there is no one who knows your product? Nowadays there are many ways to make your company known. One is with advertising. However, who called the ad, all companies would say that the product is number 1. Another way is to use the PR (Public Relations or PR). PR is the way how to construct the image of an institution or a person from a different point of view, but not as hard to sell ads. Try searching for ways and looking for more information on this subject.
8. Trust instincts
Wake up and learn how to use your intuitive powers. Intuition, in addition to precise calculation is the most valuable asset to face market competition. When the pressure rises and threatens disaster, and everyone would suggest that you play it safe, it is important to trust your instinct to start moving.
9. Do not let adversity or failure to discourage
Do not let the limitations of others or circumstances place you in a position you do not want. As an entrepreneur, you surely have experienced stressful moments that test your confidence. Resist with perseverance and resilience. Believe in your business idea and the commitment to see your business forward.
10. Do not stop innovating
Look for ways to introduce new products and services to your existing customers and new market niche that you get. Just think, that complacency as a threat to extend your company
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