4 answers
4
Updated 1025 views

How can you seize market opportunities?

My friend is thinking of doing some start-up projects, and she is not sure what to look for. #start-ups #how-do-you-start-a-business #startups #entrepreneurship

entrepreneurship startups start-ups how-do-you-start-a-business
Answer This

+25 Karma if successful
From: You
To: Friend
Subject: Career question for you
4

4 answers

0
Updated
Share a link to this answer
Share a link to this answer

Rebecca’s Answer

I am glad to hear that your friend would like to become an entrepreneur. However, she may need to think about the industry that she would like to start. She may need to posses the knowledge of the industry.
I suggest she could consider approach below below :
1. Carefully think about what industry she would like to start on. She can think about something related her hobbies, interest, etc. E.g. if she is interest on fashion, would she consider to design her own clothes, run a boutique, etc.
2. She may identify a few industries that she has interest. Then, she could analyze how the competition on the industry, any entry barrier, any substitute, etc.
3. She can then shortlist the industry that she would like to pursue. I would recommend that she could take some relevant course of that industry to acquire the knowledge.
4. If possible, she can look for opportunities to work in the industry for some time. It can help her to understand the operation model of the industry and also establish people network.
5. She can then consider to start up the business online first if feasible.
Hope this help! Good Luck!
0
0
Updated
Share a link to this answer
Share a link to this answer

Marcel’s Answer

<span style="background-color: rgb(253, 253, 253);">See what you are good at it, look for any problems around you and try to find a solution for the end customer/user. Remember you always can shape or thansform existing solutions and adapted to your needs.</span>
0
0
Updated
Share a link to this answer
Share a link to this answer

mike’s Answer

First and foremost is research start-ups and how they work. Location wise is there other start-up's in your region??? If not find the start-up's similar to your's there are all type's of hub's turning into community's where start-up's are thriving.
0
0
Updated
Share a link to this answer
Share a link to this answer

Sylvia’s Answer

The marker opportunities are very hard go catch ,because you do not know what is the good or bad timing.Actually, you should try to do what you want to do ,even though you do not is the right or not. I guess most of successful entrepreneur also do not know what is the good timing to get in the marketing when they want to have an opportunity to start a business. So , let get start and relax ,do everything what you want to do ,just get hard ,I thought every thing will get better!
0