Starting in the trading world
makes use of numerous skills
Structuring your project
Where to start
Corporate founders often master the design and use of their product. Start by putting your ideas on paper. It can be a 30-page business plan, or a simple summary, You can have very broad ideas, but it’s not always a good thing. By writing them, the entrepreneur is obliged to structure his vision.
Structuring your sales tools
Technique and communication
Entrepreneurs are often good technicians, but not necessarily good sellers, they often forget to provide all the tools that will help the sale. They must ask themselves how they will solicit their clientele. By telephone? Through social media? It’s not enough to rely on word of mouth.
Get out of isolation
Join your counterparts
Forget the image of the company creator locked permanently in his garage. Isolation closes the door to business opportunities. By fueling his network of contacts, the entrepreneur improves his credibility. When you go from 70 to 80 hours a week at work, you have to understand that investment, otherwise…
The entrepreneur can feel lonely, even surrounded by his employees and his family. He should meet entrepreneurs who live the same realities as him, without necessarily coming from his field of activity.
Entrepreneurs often tell us that they do not have the time to network. But you have to take this time because it is very rewarding. Take an hour and a half over lunch, go ahead, you’ll go back!
How Trading Works ?
You can use the help of professional organizations. These specialists can even direct you to funding through grant, loan and bursary programs.
Trading in the Web
A well-designed website can help your business compete effectively with companies that have well-gussets and big marketing budgets.
The entrepreneur must not burn his financial reserves from the beginning of his project. Keep your cash when you really need it.
Creators should start with the sale of prototypes before embarking on mass production. These first sales allow them to know their customers.
Trading and first customers
It is better to work more with your first customers than to look for new ones. By deepening this relationship, you take a more important place at home. It also reduces the time needed to become indispensable.
- Live your passion to the end.
- Create an exceptional product
- Find out about the field in which you wish to start
- Make yourself visible
Good knowledge of the field is essential
Enjoy your trading passion
It takes a lot of time to start a business. If you choose something that does not please you, it will be difficult to support the hours spent on your project. Choose a domain in which you will enjoy investing for countless hours (and it is better not to try to calculate ... it might discourage you!). It is important to have fun doing things that bring you pleasure.
You will get the most satisfaction in the business you really care for 100%. Be careful, you have to be aware that your work is never finished. With the constant evolution of the business world, it is better to stay on the lookout. Launch your product on the market once you are convinced of the difference it can make.
Start trading in the best conditions
In our modern world, where everything evolves very quickly, it is extremely difficult to survive with a new brand or a new product ... which are only new for a while. For this reason, think carefully about what you want and ask yourself how your innovative project is radically different from existing products on the market.
You need to think about the profitability of your business to make your business last. Obviously, you need to do a market research that will allow you to assess your chances of success and the direction you need to take - or not. You can undertake a statistics study to quantify the potential market for your product or service offering.