7 answers
7 answers
Updated
Theophilus’s Answer
Hey Harvey!
I am very happy your question got to me. This is my favorite question on this platform. I have answered this same question several times and I always love to share my experiences here! This is how I started my business 5 years ago. I started my e-commerce skincare and haircare business at the age of 16. Here’s a practical guide based on what worked for me and I think it would be helpful to you as well.
1. Start with a Purpose and Vision
First of all, you have to Identify a problem and think about how you will solve it. That's simply business. Every successful business begins with a clear purpose. Think about a problem you want your business to solve and how to monetize that problem. There could be a lot of people doing the same business you are doing but think about what you want to achieve and how your business will make a difference. When I started my business in 2019, my vision was more than just selling products; it was about helping people feel confident in themselves. I was always happy I was able to convince people to buy from me. Your purpose should be something that keeps you motivated and connected to your customers.
2. Research the Market
Understanding your target audience is essential. Who are you selling to? Who are they, what do they need, and what can you offer that others don’t? I researched competitors and trends, observing what customers valued and where the gaps were. Use this knowledge to shape your offerings and find a unique angle for your business.
3. Build a Strong Brand
Your brand is more than just a name; it’s your business’s identity. Choose a name and create an image that communicates your values and appeals to your audience. Build a brand that people will remember and feel connected to.
4. Establish Partnerships and Reliable Operations
Relationships are key. Finding the right suppliers and partners can make or break your operations. I partnered with suppliers who shared my quality standards and delivery partners who could ensure a seamless experience for customers worldwide. Take time to build these connections because they’re essential to delivering on your promises.
5. Engage with Customers Consistently
Growing a customer base isn’t just about advertising; it’s about real engagement. Let your customers trust you and be open! Always communicate and keep them updated. I used online platforms to connect directly with my audience, answer questions, and create trust. Whether it’s social media, emails, or other channels, engage with your customers in a way that makes them feel valued and keeps them coming back.
6. Stay Adaptable and Track Progress
Every business needs flexibility. I tracked my customer engagement and adjusted based on what worked and what didn’t. For example, offering a flexible payment plan helped me make my products more accessible. Track your metrics, learn from them, and be ready to pivot based on what your customers need.
Finally, Persevere Through Challenges
Starting a business isn’t always easy, and there will be challenges along the way. When I faced obstacles, staying focused on my vision kept me moving forward. If you believe in your purpose and stay committed to learning and growing, you’ll build a business that not only meets market needs but also reflects who you are.
Now this is how I funded my business
When I first started my business, I didn’t have a lot of money to work with. Instead, I found creative ways to use what I had and build from there.
1. Start with Product Photos and Test Interest
I began by taking quality pictures of products and posting them on social media platforms. I used these photos to attract customers before even buying the products. This allowed me to gauge interest and confirm demand without investing money upfront. By showcasing the products, I was able to create buzz and connect with customers before I even stocked inventory.
2. Use Customer Payments to Fund Wholesale Purchases
Once I had interested customers, I used their payments to buy the products at wholesale prices from trusted partners. This approach allowed me to finance each sale without needing upfront capital. It also meant I could access wholesale rates, which kept my costs low and increased my profit margins.
3. Reinvest Profits to Build Inventory
With each sale, I reinvested the profits back into the business. Once I had enough cash flow, I could start purchasing products in advance and stocking them myself. This allowed me to offer faster delivery to my customers and also buy larger quantities, further lowering my costs per item.
4. Build Customer Trust and Grow Steadily
By communicating openly with customers about my process and staying transparent about delivery times, I built a loyal customer base. I focused on customer satisfaction and reinvested profits consistently, which helped me grow steadily over time.
Starting small, being resourceful, and reinvesting profits allowed me to scale up without taking on debt. This approach might take longer, but it builds a strong foundation and keeps you financially stable as you grow.
How do you market?
Know how to market and know your style and choice of words! It is very crucial. Use positive words in your marketing.
Compare these;
Imagine you sell a drink with a tag of 20% fat and I also sell the same drink with a tag of 80% fat-free. Which one sounds positive?
Let us break it down:
1. 20% Fat vs. 80% Fat-Free
a. “20% Fat” emphasizes the undesirable aspect, drawing attention to something people may want to avoid.
b. “80% Fat-Free” focuses on the positive, framing the product as a healthier option.
2. 100% Protein vs. Every Spoonful Contains Protein
a. “100% Protein” might sound overwhelming or unrealistic, as people often expect a mix of nutrients in food.
b. “Every Spoonful Contains Protein” suggests consistency and encourages the customer to visualize the nutritional benefit.
These are the key takeaways for Marketing:
Use Positive Framing: Focus on benefits or appealing attributes.
Be Relatable: Help customers imagine the experience or benefit (like enjoying a spoonful of protein-packed cornflakes).
Simplify Your Language: Use words that are easy to understand and emotionally engaging.
When done right, these techniques build trust and make your business stand out and this is “how I grew my business” All the best!
Remember consistency is key!
I am very happy your question got to me. This is my favorite question on this platform. I have answered this same question several times and I always love to share my experiences here! This is how I started my business 5 years ago. I started my e-commerce skincare and haircare business at the age of 16. Here’s a practical guide based on what worked for me and I think it would be helpful to you as well.
1. Start with a Purpose and Vision
First of all, you have to Identify a problem and think about how you will solve it. That's simply business. Every successful business begins with a clear purpose. Think about a problem you want your business to solve and how to monetize that problem. There could be a lot of people doing the same business you are doing but think about what you want to achieve and how your business will make a difference. When I started my business in 2019, my vision was more than just selling products; it was about helping people feel confident in themselves. I was always happy I was able to convince people to buy from me. Your purpose should be something that keeps you motivated and connected to your customers.
2. Research the Market
Understanding your target audience is essential. Who are you selling to? Who are they, what do they need, and what can you offer that others don’t? I researched competitors and trends, observing what customers valued and where the gaps were. Use this knowledge to shape your offerings and find a unique angle for your business.
3. Build a Strong Brand
Your brand is more than just a name; it’s your business’s identity. Choose a name and create an image that communicates your values and appeals to your audience. Build a brand that people will remember and feel connected to.
4. Establish Partnerships and Reliable Operations
Relationships are key. Finding the right suppliers and partners can make or break your operations. I partnered with suppliers who shared my quality standards and delivery partners who could ensure a seamless experience for customers worldwide. Take time to build these connections because they’re essential to delivering on your promises.
5. Engage with Customers Consistently
Growing a customer base isn’t just about advertising; it’s about real engagement. Let your customers trust you and be open! Always communicate and keep them updated. I used online platforms to connect directly with my audience, answer questions, and create trust. Whether it’s social media, emails, or other channels, engage with your customers in a way that makes them feel valued and keeps them coming back.
6. Stay Adaptable and Track Progress
Every business needs flexibility. I tracked my customer engagement and adjusted based on what worked and what didn’t. For example, offering a flexible payment plan helped me make my products more accessible. Track your metrics, learn from them, and be ready to pivot based on what your customers need.
Finally, Persevere Through Challenges
Starting a business isn’t always easy, and there will be challenges along the way. When I faced obstacles, staying focused on my vision kept me moving forward. If you believe in your purpose and stay committed to learning and growing, you’ll build a business that not only meets market needs but also reflects who you are.
Now this is how I funded my business
When I first started my business, I didn’t have a lot of money to work with. Instead, I found creative ways to use what I had and build from there.
1. Start with Product Photos and Test Interest
I began by taking quality pictures of products and posting them on social media platforms. I used these photos to attract customers before even buying the products. This allowed me to gauge interest and confirm demand without investing money upfront. By showcasing the products, I was able to create buzz and connect with customers before I even stocked inventory.
2. Use Customer Payments to Fund Wholesale Purchases
Once I had interested customers, I used their payments to buy the products at wholesale prices from trusted partners. This approach allowed me to finance each sale without needing upfront capital. It also meant I could access wholesale rates, which kept my costs low and increased my profit margins.
3. Reinvest Profits to Build Inventory
With each sale, I reinvested the profits back into the business. Once I had enough cash flow, I could start purchasing products in advance and stocking them myself. This allowed me to offer faster delivery to my customers and also buy larger quantities, further lowering my costs per item.
4. Build Customer Trust and Grow Steadily
By communicating openly with customers about my process and staying transparent about delivery times, I built a loyal customer base. I focused on customer satisfaction and reinvested profits consistently, which helped me grow steadily over time.
Starting small, being resourceful, and reinvesting profits allowed me to scale up without taking on debt. This approach might take longer, but it builds a strong foundation and keeps you financially stable as you grow.
How do you market?
Know how to market and know your style and choice of words! It is very crucial. Use positive words in your marketing.
Compare these;
Imagine you sell a drink with a tag of 20% fat and I also sell the same drink with a tag of 80% fat-free. Which one sounds positive?
Let us break it down:
1. 20% Fat vs. 80% Fat-Free
a. “20% Fat” emphasizes the undesirable aspect, drawing attention to something people may want to avoid.
b. “80% Fat-Free” focuses on the positive, framing the product as a healthier option.
2. 100% Protein vs. Every Spoonful Contains Protein
a. “100% Protein” might sound overwhelming or unrealistic, as people often expect a mix of nutrients in food.
b. “Every Spoonful Contains Protein” suggests consistency and encourages the customer to visualize the nutritional benefit.
These are the key takeaways for Marketing:
Use Positive Framing: Focus on benefits or appealing attributes.
Be Relatable: Help customers imagine the experience or benefit (like enjoying a spoonful of protein-packed cornflakes).
Simplify Your Language: Use words that are easy to understand and emotionally engaging.
When done right, these techniques build trust and make your business stand out and this is “how I grew my business” All the best!
Remember consistency is key!
Updated
Jeff’s Answer
Hi Harvey,
Great question! The best advice I give young entrepreneurs is 1) find a problem that needs solving 2) solve that problem with a potential product or service. BUT, avoid jumping to solutions too early, I use the expression "stay in the pain" to develop a deep understanding of the problem/s, particularly from a potential customer perspective.
Become a disciplined and relentless problem solver. Understand how to get to root-causes of a problems using data and evidence - Don't be one of the many products that are solutions to problems that don't exist.
All businesses start with an idea, the more energy and commitment you put into understanding the problem, and your idea for a solution, the brighter the 'light-bulb' of an idea glows. But just as light from a bulb goes in all directions, so does your idea, and energy, unless that energy is focused. This focus is the beginning of your strategic planning and leads into all of the advice above.
If your solution is an invention that is New, or “novel” (something not done before), and "not obvious" consider applying for a Patent. Regardless, always protect your Intellectual Property (IP) using Copyright, Trademarks, Patents, or well guarded Trade Secrets.
Shine -Your-Light
Good luck!
Great question! The best advice I give young entrepreneurs is 1) find a problem that needs solving 2) solve that problem with a potential product or service. BUT, avoid jumping to solutions too early, I use the expression "stay in the pain" to develop a deep understanding of the problem/s, particularly from a potential customer perspective.
Become a disciplined and relentless problem solver. Understand how to get to root-causes of a problems using data and evidence - Don't be one of the many products that are solutions to problems that don't exist.
All businesses start with an idea, the more energy and commitment you put into understanding the problem, and your idea for a solution, the brighter the 'light-bulb' of an idea glows. But just as light from a bulb goes in all directions, so does your idea, and energy, unless that energy is focused. This focus is the beginning of your strategic planning and leads into all of the advice above.
If your solution is an invention that is New, or “novel” (something not done before), and "not obvious" consider applying for a Patent. Regardless, always protect your Intellectual Property (IP) using Copyright, Trademarks, Patents, or well guarded Trade Secrets.
Shine -Your-Light
Good luck!
Updated
Nada’s Answer
Hey Harvey,
It's inspiring that you're thinking about starting a business from scratch right out of school! It takes guts, creativity, and a whole lot of hustle, but it can be incredibly rewarding. Here's some advice to guide you on your journey:
1. Idea Phase:
* Identify a Problem: What frustrates you? What do you wish existed? Often, the best business ideas come from solving a problem you've experienced yourself.
* Validate Your Idea: Talk to potential customers. Would they pay for your solution? Don't be afraid to get feedback early on.
* Start Small, Think Big: You don't need a groundbreaking invention. Sometimes, a simple idea executed well can be incredibly successful.
2. Planning and Preparation:
* Create a Business Plan: It doesn't have to be a formal document, but outline your goals, target market, revenue model, and how you'll reach customers.
* Research Your Market: Who are your competitors? What are their strengths and weaknesses? How can you differentiate yourself?
* Legal and Financial Basics: Choose a business structure (sole proprietorship, LLC, etc.), get any necessary licenses and permits, and understand basic accounting.
3. Building Your Brand:
* Choose a Name and Logo: Your brand is your identity. Make it memorable and relevant to your business.
* Build an Online Presence: Create a website or social media profiles to showcase your business and connect with potential customers.
* Content is King: Share valuable content related to your industry or niche to attract and engage your audience.
4. Getting Your First Customers:
* Tap Your Network: Tell your friends, family, and former teachers about your business.
* Leverage Social Media: Use platforms like Instagram, Facebook, or TikTok to reach your target audience.
* Offer Excellent Customer Service: Happy customers are your best marketing tool.
5. Growth Strategies:
* Word-of-Mouth Marketing: Encourage satisfied customers to spread the word.
* Partnerships: Collaborate with other businesses or influencers to reach a wider audience.
* Content Marketing: Create blog posts, videos, or social media content that provides value to your audience and attracts new customers.
* Paid Advertising: Consider using online advertising platforms (like Google Ads or social media ads) to reach a larger audience.
6. Essential Skills for Success:
* Sales and Marketing: Learn how to effectively promote your business and convert leads into customers.
* Financial Management: Track your income and expenses, manage your cash flow, and make smart financial decisions.
* Customer Service: Provide excellent customer service to build loyalty and get repeat business.
* Resilience and Perseverance: Building a business is hard work. Be prepared for setbacks and stay focused on your goals.
Resources:
* Small business development centers (SBDCs): These centers offer free or low-cost counseling and training to small business owners.
* SCORE: This nonprofit organization provides free mentoring and resources to entrepreneurs.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wide range of courses on starting and running a business.
Starting a business from nothing is an incredible journey. Embrace the challenges, learn from your mistakes, and never stop believing in your vision. Good luck!
It's inspiring that you're thinking about starting a business from scratch right out of school! It takes guts, creativity, and a whole lot of hustle, but it can be incredibly rewarding. Here's some advice to guide you on your journey:
1. Idea Phase:
* Identify a Problem: What frustrates you? What do you wish existed? Often, the best business ideas come from solving a problem you've experienced yourself.
* Validate Your Idea: Talk to potential customers. Would they pay for your solution? Don't be afraid to get feedback early on.
* Start Small, Think Big: You don't need a groundbreaking invention. Sometimes, a simple idea executed well can be incredibly successful.
2. Planning and Preparation:
* Create a Business Plan: It doesn't have to be a formal document, but outline your goals, target market, revenue model, and how you'll reach customers.
* Research Your Market: Who are your competitors? What are their strengths and weaknesses? How can you differentiate yourself?
* Legal and Financial Basics: Choose a business structure (sole proprietorship, LLC, etc.), get any necessary licenses and permits, and understand basic accounting.
3. Building Your Brand:
* Choose a Name and Logo: Your brand is your identity. Make it memorable and relevant to your business.
* Build an Online Presence: Create a website or social media profiles to showcase your business and connect with potential customers.
* Content is King: Share valuable content related to your industry or niche to attract and engage your audience.
4. Getting Your First Customers:
* Tap Your Network: Tell your friends, family, and former teachers about your business.
* Leverage Social Media: Use platforms like Instagram, Facebook, or TikTok to reach your target audience.
* Offer Excellent Customer Service: Happy customers are your best marketing tool.
5. Growth Strategies:
* Word-of-Mouth Marketing: Encourage satisfied customers to spread the word.
* Partnerships: Collaborate with other businesses or influencers to reach a wider audience.
* Content Marketing: Create blog posts, videos, or social media content that provides value to your audience and attracts new customers.
* Paid Advertising: Consider using online advertising platforms (like Google Ads or social media ads) to reach a larger audience.
6. Essential Skills for Success:
* Sales and Marketing: Learn how to effectively promote your business and convert leads into customers.
* Financial Management: Track your income and expenses, manage your cash flow, and make smart financial decisions.
* Customer Service: Provide excellent customer service to build loyalty and get repeat business.
* Resilience and Perseverance: Building a business is hard work. Be prepared for setbacks and stay focused on your goals.
Resources:
* Small business development centers (SBDCs): These centers offer free or low-cost counseling and training to small business owners.
* SCORE: This nonprofit organization provides free mentoring and resources to entrepreneurs.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wide range of courses on starting and running a business.
Starting a business from nothing is an incredible journey. Embrace the challenges, learn from your mistakes, and never stop believing in your vision. Good luck!
Updated
Rebecca’s Answer
Hi, I am glad to know that you would like to become an entrepreneur. Have you thought about what industry you want to start your business.
Below are my suggestions:
1. Think about the industry you have interest or strength, eg your hobbies, your strength, etc
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative or substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!
Below are my suggestions:
1. Think about the industry you have interest or strength, eg your hobbies, your strength, etc
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative or substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!

Kevin Keter
supplies and procurement management and anything relevant to business management
1
Answer
Updated
Kevin’s Answer
Given your goal to become an entrepreneur and start a new business based on your experience, entrepreneurship would be the most suitable field to focus on. This field will provide you with the practical skills, knowledge, and mindset needed to start and grow a business, covering aspects like innovation, funding, risk management, and scaling.
Entrepreneurship will also help you develop a deep understanding of how businesses operate and what it takes to turn ideas into successful ventures.
Choosing entrepreneurship empowers you to transform ideas into reality, teaching you how to innovate, take risks, and build a successful business from the ground up.
Entrepreneurship will also help you develop a deep understanding of how businesses operate and what it takes to turn ideas into successful ventures.
Choosing entrepreneurship empowers you to transform ideas into reality, teaching you how to innovate, take risks, and build a successful business from the ground up.

James Constantine Frangos
Consultant Dietitian-Nutritionist & Software Developer since 1972 🡆 Optimization Of Human Performance
7223
Answers
Updated
James Constantine’s Answer
Hello Harvey!
Understanding How to Grow a Business
To effectively grow a business, it is essential to understand various fields that contribute to entrepreneurship. Each field offers unique skills and knowledge that can be beneficial for someone aspiring to become an entrepreneur. Here’s a breakdown of the relevant fields:
1. Business Administration
Business administration encompasses the management of a business’s operations, including finance, marketing, human resources, and strategic planning. A degree in business administration provides foundational knowledge about how businesses operate and equips you with skills necessary for decision-making and leadership.
Key Skills Acquired: Financial analysis, marketing strategies, operational management, and organizational behavior.
Relevance: Understanding these areas is crucial for identifying growth opportunities and managing resources effectively.
2. Entrepreneurship
Entrepreneurship focuses specifically on starting new ventures and innovating within existing businesses. This field teaches you how to develop business ideas, create business plans, secure funding, and navigate the challenges of launching a startup.
Key Skills Acquired: Idea generation, risk assessment, venture capital acquisition, and market research.
Relevance: Directly aligns with your goal of starting a new business by providing practical insights into the entrepreneurial process.
3. Business Management
Business management involves overseeing an organization’s operations and ensuring that all parts work together efficiently. It includes strategic planning, resource allocation, and performance monitoring.
Key Skills Acquired: Leadership techniques, project management skills, team dynamics understanding.
Relevance: Essential for scaling a business as it grows; effective management ensures sustainability and profitability.
4. Academic Roles (Professor)
While becoming a professor may not directly lead to starting your own business, it can provide deep insights into theoretical frameworks of business practices. Professors often engage in research that can inform best practices in entrepreneurship.
Key Skills Acquired: Research methodologies, teaching skills, critical thinking.
Relevance: If you choose this path later in your career after gaining practical experience in entrepreneurship or management roles.
Conclusion
Based on your aspiration to become an entrepreneur focused on growing a business, pursuing studies in either entrepreneurship or business administration would be most beneficial. These fields will equip you with the necessary tools to understand market dynamics and operational strategies essential for launching and sustaining a successful enterprise.
In summary:
If you’re looking for hands-on experience with startups and innovation processes—choose entrepreneurship.
If you prefer a broader understanding of how businesses function across various domains—opt for business administration or business management.
Ultimately, selecting any of these fields will provide valuable insights into growing a successful business.
Top 3 Authoritative Sources Used in Answering this Question:
Harvard Business Review
A leading publication that provides insights from experts on various aspects of business management and entrepreneurship.
SCORE
A nonprofit organization associated with the U.S. Small Business Administration that offers free mentoring services to entrepreneurs along with educational workshops focused on starting and growing small businesses.
Small Business Administration (SBA)
The SBA provides comprehensive resources for entrepreneurs including guides on starting businesses, securing funding, and managing growth effectively.
Probability the answer is correct: 95%
God Bless You!
JC.
Understanding How to Grow a Business
To effectively grow a business, it is essential to understand various fields that contribute to entrepreneurship. Each field offers unique skills and knowledge that can be beneficial for someone aspiring to become an entrepreneur. Here’s a breakdown of the relevant fields:
1. Business Administration
Business administration encompasses the management of a business’s operations, including finance, marketing, human resources, and strategic planning. A degree in business administration provides foundational knowledge about how businesses operate and equips you with skills necessary for decision-making and leadership.
Key Skills Acquired: Financial analysis, marketing strategies, operational management, and organizational behavior.
Relevance: Understanding these areas is crucial for identifying growth opportunities and managing resources effectively.
2. Entrepreneurship
Entrepreneurship focuses specifically on starting new ventures and innovating within existing businesses. This field teaches you how to develop business ideas, create business plans, secure funding, and navigate the challenges of launching a startup.
Key Skills Acquired: Idea generation, risk assessment, venture capital acquisition, and market research.
Relevance: Directly aligns with your goal of starting a new business by providing practical insights into the entrepreneurial process.
3. Business Management
Business management involves overseeing an organization’s operations and ensuring that all parts work together efficiently. It includes strategic planning, resource allocation, and performance monitoring.
Key Skills Acquired: Leadership techniques, project management skills, team dynamics understanding.
Relevance: Essential for scaling a business as it grows; effective management ensures sustainability and profitability.
4. Academic Roles (Professor)
While becoming a professor may not directly lead to starting your own business, it can provide deep insights into theoretical frameworks of business practices. Professors often engage in research that can inform best practices in entrepreneurship.
Key Skills Acquired: Research methodologies, teaching skills, critical thinking.
Relevance: If you choose this path later in your career after gaining practical experience in entrepreneurship or management roles.
Conclusion
Based on your aspiration to become an entrepreneur focused on growing a business, pursuing studies in either entrepreneurship or business administration would be most beneficial. These fields will equip you with the necessary tools to understand market dynamics and operational strategies essential for launching and sustaining a successful enterprise.
In summary:
If you’re looking for hands-on experience with startups and innovation processes—choose entrepreneurship.
If you prefer a broader understanding of how businesses function across various domains—opt for business administration or business management.
Ultimately, selecting any of these fields will provide valuable insights into growing a successful business.
Top 3 Authoritative Sources Used in Answering this Question:
Harvard Business Review
A leading publication that provides insights from experts on various aspects of business management and entrepreneurship.
SCORE
A nonprofit organization associated with the U.S. Small Business Administration that offers free mentoring services to entrepreneurs along with educational workshops focused on starting and growing small businesses.
Small Business Administration (SBA)
The SBA provides comprehensive resources for entrepreneurs including guides on starting businesses, securing funding, and managing growth effectively.
Probability the answer is correct: 95%
God Bless You!
JC.
Updated
Mbah Wai-Tanyi’s Answer
Growing a business requires a broad range of skills. To become an entrepreneur and start a new business, consider fields that align with your interests and strengths. Here are some options:
1. Business Administration
Study business administration to gain a solid understanding of business principles, management, marketing, finance, and operations.
2. Entrepreneurship
Pursue a degree in entrepreneurship to learn about startup strategies, innovation, risk management, and scaling a business.
3. Marketing
Develop skills in marketing to understand consumer behavior, market research, branding, and advertising.
4. Finance
Study finance to learn about financial management, accounting, investments, and funding strategies.
5. Management
Explore management fields like organizational behavior, human resources, and strategic management.
6. Innovation and Technology
Consider fields like technology management, innovation, or design thinking to stay ahead in today's fast-paced business environment.
7. International Business
Study international business to understand global markets, trade, and cultural differences.
8. Data Science and Analytics
Develop skills in data analysis to make informed business decisions and drive growth.
9. Digital Business
Explore digital business fields like e-commerce, digital marketing, and social media management.
10. Sustainability and Social Impact
Consider fields like sustainable business, social entrepreneurship, or corporate social responsibility.
To gain practical experience, consider:
1. Internships
2. Startup accelerators or incubators
3. Entrepreneurship programs or competitions
4. Volunteering or consulting for small businesses or non-profits
5. Online courses or certifications
As an entrepreneur, be prepared to wear multiple hats and continuously learn and adapt.
Which field resonates with you, Harvey?
1. Business Administration
Study business administration to gain a solid understanding of business principles, management, marketing, finance, and operations.
2. Entrepreneurship
Pursue a degree in entrepreneurship to learn about startup strategies, innovation, risk management, and scaling a business.
3. Marketing
Develop skills in marketing to understand consumer behavior, market research, branding, and advertising.
4. Finance
Study finance to learn about financial management, accounting, investments, and funding strategies.
5. Management
Explore management fields like organizational behavior, human resources, and strategic management.
6. Innovation and Technology
Consider fields like technology management, innovation, or design thinking to stay ahead in today's fast-paced business environment.
7. International Business
Study international business to understand global markets, trade, and cultural differences.
8. Data Science and Analytics
Develop skills in data analysis to make informed business decisions and drive growth.
9. Digital Business
Explore digital business fields like e-commerce, digital marketing, and social media management.
10. Sustainability and Social Impact
Consider fields like sustainable business, social entrepreneurship, or corporate social responsibility.
To gain practical experience, consider:
1. Internships
2. Startup accelerators or incubators
3. Entrepreneurship programs or competitions
4. Volunteering or consulting for small businesses or non-profits
5. Online courses or certifications
As an entrepreneur, be prepared to wear multiple hats and continuously learn and adapt.
Which field resonates with you, Harvey?