I am going to be doing a series of videos and articles on "What to know before Creating a Product". We’ll start with this the first in the series focusing on the very beginning of your business journey. The series will cover a whole host of the processes you will go through; from finding and creating your product, getting a business loan to networking and more. There is a lot to know when starting out and my hope is that these videos and articles will help you along your journey.
Are you tired of the 9 to 5? Tired of the grind? Tired of barely making anything? Well, owning a business is an amazing adventure. This is where you transition your mindset from working for money to having money work for you. The majority of the population is employees, and they work by the hour. They come home and have a stable salary or income. However, there is a limit on how much they can make. After all, there are only 24 hours in a day and everyone needs to sleep at least 7 to 8 hours.
We also need to eat and rest, so that doesn’t give us much time to hustle. Fortunately, with a business you earn based on the products and services that you provide instead of the hours worked. If your business is successful, customers could be ordering your products every second. When this happens, you will need a team of passionate individuals to help you manage these orders. With this opportunity, you will be earning an unlimited income.
The challenge of starting a business is figuring out what to do. It can be very overwhelming because the process isn’t very easy. It entails a lot of trials and errors. A lot of entrepreneurs claim that there were times that they wanted to give up because it wasn't an easy process. Unlike getting a stable job and a college degree, starting a business is unpredictable and creating a product takes effort from you into market research and learning on your part.
Working hard doesn’t mean you will always succeed. There will be times when you will work very hard, and still fail many of these times. Things might not always work out the way you planned. The best thing to do would be to embrace your mistakes and learn from this process. The product development process is not easy but the rewards (if you succeed) far out way the struggles.
Entrepreneurs often welcome failure with open arms because it's an opportunity to learn through trials and tribulation, and they know this forms part of the process of creating a new product.
It could take countless mistakes before doing one thing right. If you get something right, you are a step closer to achieving your dreams and your “walk” to creating a product you can call "my own".
Some people invest in a mentor who shows them a step-by-step guide of what to do. A mentor can help steer you away from mistakes and go straight for your goals. Unfortunately, you will miss out on the experience of finding what works for you and what doesn’t.
A successful entrepreneur will always network, talk to new people and get to know them. Everybody has their special skills and expertise, and it’s important to find them and get them on your team.
One of the many mistakes that entrepreneurs make is trying to do everything on their own. As talented as you are, there are certain areas within your business that require a skilled expert. This is where networking comes in handy to assist in getting investors or people who are skilled in certain areas involved in your business.
Entrepreneurs often outsource their projects to professionals who are skillful and charge an affordable rate the company Fiverr is a great place to start, I will leave a link at the bottom of the page to this service. In addition, in order to better promote your product, they often utilize the help of a digital marketer to create ad campaigns. Because of all the variables that surround a successful business, it’s important for future entrepreneurs to be aware of the power of networking and the process of creating a product for their business.
I hope this has given you some insight into the start process and its difficulties and that you are also even more determined to get started and make a success of your new venture. Thank you for taking the time to read this article. I will leave links on this page to companies and products that might be of help to you in this product creation process. GrooveFunnels have a great limited time offer on at the moment, with Groove you can build a website and host it for free. This is a great help when starting out as it helps keep costs down.
I hope this gets the creative juices flowing and you start to see how to commercialize an idea and bring it to market. Please read the other pages on this website as they will help you further down this path.
PCP - Informative videos and articles with the budding entrepreneur in mind. With an eye to seeing you grow and succeed.
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