How to start your own Company after LockDown

Introduction

• You want to start your own dream company?
• You want to know how to achieve success in Business?

  

If you are interested in learning about how to start a successful online Business, I recommend watching our YouTube video and read our Blog everyday.

 6 Steps to start your own dream company

Step #1: Look for Major Problems

One of the most common mistakes in entrepreneurship is creating a solution before identifying the problem.

If you really want to success in your business, the first thing you need to do is find the major problem of people to solve. 

Step #2: Find a Great Solution

Good problem solvers are good thinkers.

They see problems as challenges and try to learn from them.

They focus on finding the right solution rather than wanting to prove they are right at all costs.

Step #3: Create an Awesome Product or Service

Building great products is a difficult skill. Many believe that because they use products and have an opinion about them, they can also design and build them. But great product people are scarce. To make matters worse, there is no formal training to become one. The best product people have learned through trial and error, have years of experience, are passionate about design, obsessed with the user experience and always on top of the latest tools and technologies.

Just think about problems, and then imagine what would solve that specific pain point.

Step #4: Dominate the market

Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings, exemplified by controlling a large proportion of the power in a particular market.

Step #5: Focus on a Specific Group

Focus on one category people or sector.

#Students

#Employee

#College

#Social Media Users etc.

Step #6: Find the Right Investors

One of the most foundational steps is checking that you are searching for the right level of investors for your stage or round. Everyone wants that VC money. Yet, before you get there, you’ll probably need to be holding angel investor and friends and family funding rounds.

It’s important, for instance, to know that the right kind of funding can have a huge impact on the direction of your company.