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When can you start a business ?
Does it have to take a license or a degree to start a business that you love to do
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4 answers
Anthony Kofi Hene-Amoah
Project Analyst/Advisor, Career Advisor, Translator/Editor
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Updated
Anthony’s Answer
Hello,
Please, note the following, concerning when you can start a business :-
1. Knowing the type of business
2. The extent of your knowledge and ABILITY to do the business.
3. Finances/Capital.
4. Favourable marketing conditions.
5. Diligence.
Best regards.
Please, note the following, concerning when you can start a business :-
1. Knowing the type of business
2. The extent of your knowledge and ABILITY to do the business.
3. Finances/Capital.
4. Favourable marketing conditions.
5. Diligence.
Best regards.
Hey Anthony, can you say more on if you need a license or degree?
Gurpreet Lally, Admin
Hello, Yes indeed, in addition, there is the need for acquisition of license or degree. This could be through colleges and other institutions, doing various courses/programs pertaining to business studies.
Anthony Kofi Hene-Amoah
Updated
Pankaj’s Answer
There's never a perfect moment to launch a business, but there's definitely an incorrect one, and that's tomorrow. Why? Because tomorrow is always a day away. Starting a business is like diving into icy water; you just have to take the leap and let life sort itself out. Once you make the decision to begin, everything else, like obtaining licenses, will naturally follow in due course.
Updated
Rebecca’s Answer
Hi, thank you for your question. I am glad to hear that you would like to be en entrepreneur. Have you thought about what industry you like to start your business?
Below are my suggestions:
1. Think about the industry you have interest, eg your hobbies, your strength, etc
2. Do some research and analysis on the industry eg, entry criteria, competition status, any alternative / substitute, etc
3. Take some industry related courses and management courses
4. Work in the industry some time to understand the operation model and establish people network
5. Start the business online first of possible
Hope this helps! Good Luck!
Below are my suggestions:
1. Think about the industry you have interest, eg your hobbies, your strength, etc
2. Do some research and analysis on the industry eg, entry criteria, competition status, any alternative / substitute, etc
3. Take some industry related courses and management courses
4. Work in the industry some time to understand the operation model and establish people network
5. Start the business online first of possible
Hope this helps! Good Luck!
Updated
Brendon’s Answer
You have the power to kickstart your own business whenever you feel ready! While qualifications like certifications and degrees can be beneficial, they aren't always necessary. It all depends on the nature of your business.
The most effective way to begin is by shaping your idea and conducting customer research. This involves surveying individuals who might be interested in your product or service. If you find a substantial amount of people expressing interest, that's a strong indication that your business idea has potential.
Remember, experience is the greatest teacher. So, don't be afraid to step out of your comfort zone, make mistakes, and learn from them. This process will only contribute to your growth. Keep pushing forward and aim for excellence!
The most effective way to begin is by shaping your idea and conducting customer research. This involves surveying individuals who might be interested in your product or service. If you find a substantial amount of people expressing interest, that's a strong indication that your business idea has potential.
Remember, experience is the greatest teacher. So, don't be afraid to step out of your comfort zone, make mistakes, and learn from them. This process will only contribute to your growth. Keep pushing forward and aim for excellence!