10 ways to start a business to be rich ❗

Business owners or “Entrepreneur” is the ultimate dream of those who want to have their own business. Because working full time is quite boring and still doesn't answer the needs of people who think outside the box as much. Over the past few years, there have been many new business owners, both SMEs and startups, that many people think that they can work as they wish, earn easy money, get rich quickly. Running a business to be “rich” is even harder than finding a well-paying job because it takes commitment, dedication, and unceasing hard work from the start until the business is in place. must not forget to develop the business to be sustainable as well as do not miss out on finances or taxes that are difficult to calculate and are more than income tax of full-time workers, so the term "rich quick, easy to get rich" is not true, but requires careful initiative and thoughtful steps

1. Ask yourself clearly, what business do you want to invest in?

The first question to ask yourself is, Have an idea what you want to do? So how can it be further developed? Not just wanting to do it Many people who want to have their own business fall easily because they just want to run their own business but don't know what to do. Or try to invest first without knowing exactly what you are doing. The business goals were not set. when the goal is unclear Business is not operating in the way it should. So the important thing before going too far is “Clear goals” that lead to Passion

2. Write about yourself what are your aptitudes.

starting a business Can do more easily by doing self-exploration that you have aptitude. What special knowledge and expertise are there? This will give you an "advantage" in business competition as well. For example, you graduated in computer engineering. Has the ability to write programs that help with a variety of tasks. You can use this knowledge to start your own business right away with sales programming. Along with practicing sales skills, etc., or some people have the ability to speak English. Able to do translation work as my own business Some people like to make sweets Good at cooking, making coffee, cutting hair, etc. These will make it easier for you to start your business with expertise.

But some people may not be good at anything. Duck-like abilities so is it If you like sales I like catching a tiger with my bare hands. don't have to invest much work hard only You may discover brokerage abilities for many businesses such as real estate brokerage, insurance agents, direct sales, B2B brokers, etc. These abilities will make you stand out in the business world. Because sales work is considered the most important skill for generating sales and wealth into your pocket.

3. Decide whether to do a “B2B” or “B2C” business.

These two business models, however, will be re-explained for a new understanding. Ask yourself what kind of business you like. Then start doing it.

B2B (Business-to-Business) is a business in which the customer group is the company, the organization mainly, which focuses on selling products and services that meet another business. This allows another business to gain better benefits such as higher profits, lower costs, more time saving, etc. An example of a B2B business is an advertising agency business. Air conditioner business large computer system business Business of selling machinery to industrial factories, etc. This group of businesses has the advantage of not having to do marketing. Invest a lot in advertising Products that are sold focus on responding to buyers' needs. Some commodities are of great value that ordinary people cannot afford and are not needed. But the disadvantage is that you have to focus on "seller" as the main. There is a buying process that takes time. Slow or fast depending on the value of the goods. Sometimes customers ask for a minimum of 1 month payment deferral, causing you to run out of cash flow. There is also a limited number of existing customers. It depends on the size of the market how much you can sell.

B2C (Business-to-Customer) is a business where the customer group is the general public. Focus on mass sales (Mass Market), where goods and services are sold to individuals, in other words, consumer products. Buy, buy, use food, clothing, clothing, medicine, online business, car sales, house sales, land sales, etc. These groups are all considered B2C, relying heavily on "marketing" especially advertising to make people known and interested. Marketing will be the most necessary thing over sales in many cases. The product is attractively priced. You have the right to be very rich because there are many customers who buy it. But you will also face many competitors. You need to master marketing strategies, pricing, discounts, swaps, giveaways, and giveaways to keep you ahead of the competition.

4. Set clear goals for what you will be doing business for.

If you answer clearly that you do it because you want to be rich in a hundred billion, this is considered good and clear. But if the goal is to be comfortable. Seeing other people rich, wanting to be rich This may not be very clear. Business goals must have numbers. especially the sales volume or the size of the business clearly You have the right to dream of being a millionaire and billionaire. These are the goals you need to achieve. until it has not reached But I believe you can get a lot from doing business.

A good motivation for doing business is “BUSINESS DELIVERY” to your loved ones if you succeed You can appoint your son as the company president on your behalf. Or write in the number of shares to share for your loved ones to benefit with you as well. Set goals in this regard. Because your family and loved ones are part of your business success.

5. Write a business plan emphasizing sales, profit, number of customers, production costs. Marketing costs are the main

When you have determination, goals, choose the type of business. Find products and services that you want to start a business. The right thing to do right now is to write a simpler business plan. The method is simple as follows.

Business that I want to do: Business of installing CCTV inside the building.

Business model: B2B limited company focuses on selling and installing cameras to companies or agencies that have office buildings.

Reasons: Knowledge, information, good camera source, reliable, think indoor camera installation is necessary.

Goal: To create a company model with sales of approximately 20 million in the first 3 years.

Profit: Want to earn at least 30% profit from sales (20 million/30% = 6 million baht)

Number of customers: Focus on organizations that have office buildings and are serious about safety. Divided by business groups such as

- Community Mall Business: Bangkok has more than 20 locations.

- Restaurant and restaurant business: Bangkok has more than 500 locations.

- Nightlife business: There are hundreds of places.

- School Business: There are hundreds.

- Hospital Business: There are ten.

- Based on the number of customers, you will have potential leads and give you a rough estimate of the number of prospects (Prospect). The number of customers will definitely go into your wallet.

Production cost: CCTV cost, installation cost, spare parts cost, labor cost, car cost, water cost, electricity cost, office cost, wages, etc.

Marketing costs: Google advertising costs brochure making fee entertainment fees, etc.

Suppose you want sales of 20 million baht.

- Selling CCTV, 1 job, with 10 cameras installed, worth about 20,000 baht, including labor

- You need to find customers = 20,000,000/20,000 = 1,000

For 1 year, if you can make 5 appointments a day in a month, work 20 days a day, minus Saturdays, Sundays, you will make 1,200 appointments per year. If all the sellers who buy and sell you, you will achieve 20 million within 1 year. years, but it would be impossible.

- Let's say the average success at closing is 30%, i.e. 10 hits, 3 sales. In 1 year, you hit 1000 customers, you'll sell 300, which is less than 20 million.

- You will need 3,300 clients to get around 1000 clients because the average close is 30%.

- You must be too tired. There are two options: 1. Increase the quality of closing sales better, and 2. Hire more cells.

As you can see, everything is possible if you write numbers. From the example, it will be writing a simple business plan. All items are numbered and measured. This will allow you to see more possibilities.

6. Carefully assess business risks

business risk is something that many People rarely do it. Think it's easy. Money can do it, but it's really not because the risk that you are not careful and careless can instantly ruin you. Write down the factors that put you at a disadvantage. For example:

- competitor

- climate

- Customer's business

- politics

- war

- law

- your partner

- Family members such as father, mother, children, wife

- the health of you and your team

- Natural disasters, accidents, disasters

- etc.

Some risks, such as prolonged flooding It could ruin your business. Always think about how you plan to deal with it if something bad happens, such as saving your business reserves. Doing additional business in many ways. Make life insurance. Use of financial and business advisory services, etc.

7. Control costs for maximum efficiency.

Don't waste your money on nonsense that doesn't make you money, such as squandering. advertising in the wrong group Hiring too many employees Creating a beautiful office without being able to increase your ability to earn more money. overinvesting Adding profits that are not related to cost of sales, etc.

or even the cost of time, such as taking too much time Spend your time on non-paying things like paperwork, housework, backyard work, etc. You have 8 hours a day to work, so make the most of it. Overwork is not good. Your health may worsen later on. Or giving too little time to business is not good. because you will not keep up with your competitors Lack of vital strength in doing business, etc.

8. Don't forget that Digital Never Die

In the age of technology where everything It's easy to buy and sell quickly in the virtual world. Until online marketing is another important channel. Or it may be a channel that was born for those who want to have their own business but don't have capital. So if anyone has a good business idea, be sure to think about this platform. Because the cost is not high and the opportunity to reach customers well including using digital platforms to work This will help make doing business easier.

9. Look for start-up capital and reserve funds.

Are the funds ready? Some business owners start out with a full-time job. pick up onion Or start a supplementary career after work And some may be lucky to have start-up capital from home. But besides the initial capital Do not forget to consider the reserve fund. Because it's a second plan just in case something goes wrong. If you want to have your own business but don't have the capital, you should be prepared to look for a loan.

10. The last question, “Are you ready?”

After all those who wanted to have their own business thought about running their own business and went through the steps above for a while. There will always be a voice in your mind whispering to you whether you are ready or not. You should ask yourself carefully and confidently before making a serious decision to start a business. Because no one knows better than you for sure.

-------------------------------------------------------------------------------------

Details of online marketing services

>> https://www.chatstickmarket.com/langran

Examples of various brands that we take care of online marketing

>>https://www.chatstickmarket.com/portfolio

---------------------------------------------------------------------------------------

💙 Consult our team 💙

📱Tel : 0840104252 📱0947805680

Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday)

📨 Inbox : http://m.me/ChatStick.TH

┏━━━━━━━━━┓

📲 LINE: @chatstick