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What Is The Appropriate Business Opportunity For Them Whose Have Minim Funds?
Before you read the answer, read this story..
Mrs. Anne was a single mom. She had one son. She wanted to run private enterprise, but she only had $100 to invest. She decided to sell cakes because making delicious cake was the only thing she can did. Her financial capital is not enough so she borrowed from her friends. After a month doing he business she failed. People didn't interest with her cake because it's very common. Now she have not enough money to pay dayly expense and pay her son's school expense.
What is the lesson of her story?
She has minim financial capital but she choose business opportunity that need high-cost production and low return. The worst part is she borrowed money while she don't know how the success possibility of her business. She failed because she sold something that is very common and not needed by people.Why
people should buy your product if they don't need it.
The key of success is you have to give what people need. How do we know people's necessity? You can analyze from their problems (routine problems). Start reading local newspaper today. They always need something that can solve their problems. This is the business opportunity. You give what they need, you get the money.
The appropriate business opportunity for them whose have minim financial capital is selling another person product. You can search product that is really helping people their problems. So, you just focus in marketing and advertising. Your financial capital is used for these. If you prefer running private enterprise , you can earn the money then make your own product. You have the experience of marketing and advertising. You'll sell and obtain a lot of money easily.
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