Asking Yourself These Questions* Would Help You To Avoid Unwanted Shocks!

What matters the most when you decide to follow your passion of getting #started:) and at the same time you don't want to invent the wheel again ?

You need to ask yourself this most important question in the first place... * Have you got something unique/meaningful to offer?

If not, please Innovate and include some specific advantages before getting started.

Research well to come out with something more meaningful so that you don't have to struggle to sell your products/services though you still need to market it wisely.

You may like to check the link of the article "Is promotion of products & services a different ball game"? given at the end (The link of all articles mentioned here)

Next, * Is your working capital in place? 

Take a look at your financial position:

While someone at one arm of the organization is fighting for the receivables you still need to service the existing demands.Otherwise as a business entity you will cut a sorry figure and it is very difficult to remove such "wrong" impressions especially when you are small business setup.

You may like to go through the link of the article given at the end which answers these questions;"What if you are not able to get the funding to take it forward" ? and "After Burning the Cash,What Next"?

Ask Yourself.. * Are you Really ready to launch? :

Before you start you need to make sure that you are ready to launch it from all possible angles.

A wrong move or a wrong timing would result in disaster and recovering from such a wrong move might need a herculean effort to make it alright later.

Launching should be ideally in tune with the changing external environment so that it is done in the most favorable condition possible.

Decide on .... * Should you go very very aggressively or move with caution? :

Allow yourself to settle and adjust before branching out and endeavoring to enhance the current level.Observe and take decision.

A quick jump in enhancing operations would act as a counter productive measure unless you are well prepared for that.What is important is establishing successfully by starting with what you can manage well.

Agree being aggressive is good but generally speaking a bit of moderation probably might be more useful at this stage for a long journey.

Thinking of long term? * Ask yourself this question.... Is this "game" going to be the same forever? :

Everything has life cycle and time period of acceptability.The questions is how we are going to adopt the new technologies and developments happening all around us in the best possible manner so that we are not left out.

Whatever would have been the USP's for you wouldn't last very long.Over a period of time the nature and type of the market would have changed, the requirement would have undergone some changes and even several other external forces would have changed forcing you to update and upgrade.

* Is it important to care for what others got to say?:

Yes, a quick feedback from reliable and dependable sources. Those honest opinions matters a lot for to fine tune just in time before the damage if any spreads out!We might have the best of the services and quality control in place but we still may not know what are the missing elements! and often it has to come back as a feedback.

Start by doing what’s necessary, then what’s possible; and suddenly you are doing the impossible.You may like to definitely read this article in this connection {"Unhappy customers? You have "only" succeeded in getting a certain amount of damage that can't be repaired easily:Read on"!..Again..Please check for the link given at the end]

* "The" #bestadvice for #startups ?:

The bigger players would have sufficient funds and other such resources to spread out in the manner they visualize(exceptions included!) and they might even have experts on the board also to guide them through, but that seldom is the case with small entrepreneurs and such other entities mentioned above.

By the time the smaller entities are up and ready for capitalizing on the market demands they realize that they are also fighting for a slice of the cake in a fiercely competitive market probably dominated by bigger players having sufficient resources (both in terms of manpower as well as financial power to make it worse!).

Try to take control of favorable elements while planning to defeat the uncertainties in the best possible manner.

Good luck.

Thanks for reading and you may like to click on the image below for all the relevant articles mentioned above. info@bvprgj.com www.bvprgjconsultants.com

Are you an Entrepreneur ? Startup enthusiast? Or Business Owner wanting to enhance your presence in the industry? Please get in touch with us #construction #engineering #manufacturing ..#Wehelpu2grow

Investors? Would you be interested in two good startup ideas relevant for engineering, manufacturing and construction industry and owning them as well ? # Please inbox expression of interest kindly to startupsupportingconsultants@bvprgj.com #Paid consulting # India # Bangalore # Engineering #Construction #startup #Investors

Are you involved in manufacturing engineering products ?Are you providing any services/solutions relevant to construction industry? #Wehelpu2grow. Write to us..managementconsultants@bvprgj.com https://lnkd.in/bi5ufsJ

Link for all other articles .....

Disclaimer:Any issues with any or all content used in this post, should be directed to the author (managementconsultants@bvprgj.com) .Images from googleimages such as bizztor.com and silicon valley report etc.

BVPRGJ CONSULTANTS: Our work is based on the philosophy that whatever we do should also be meaningful and adding value to not just the industry but to the society as well.(As business development Consultants for construction/engineering products, services and software promotion we are always happy to help you) #Wehelpu2grow info@bvprgj.com  #bestadvice #management #consulting #business #leadership .Thank You!