Becoming young entrepreneurs is not an easy task to do. Of course, it is never easy to turn your ideas into reality. People say that it takes courage, resources, time, and even money. Indonesia, both as a country and a market, has also its unique business challenges. Smart ideas are good solutions when you meet a dead end. It is an opportunity for you, future young entrepreneurs, not only to work hard but also to #livesmart to become successful entrepreneur. Well, you know what? Get one step closer to being a smart entrepreneur by following six smart steps you need to know to bring your smart ideas to actions!
1. Believe in Yourself
To start a business, #livesmart means you have to be smart in knowing yourself. The first step of making your dream come true always starts by trusting yourself on being capable to turn your ideas into reality. You need to be 100 % sure on your idea and be ready to commit. By understanding completely on what it takes to create your business, you will be ready mentally, physically, and emotionally. How could people trust you if you do not have a conviction in yourself?.If you really believe in yourself and your idea, then it is going to be a wide open road for your business.
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2. Be Visionary
Ideas are closely related to your vision as an entrepreneur in doing your business. To #livesmart as new young entreprenuers, you must think two or three steps forward of taking your ideas into powerful assets for your business. Take your idea beyond expectations. Elon Musk, the founder of SpaceX, came up with an idea to build a re-usable rocket, which was quite impossible for many people back then. But, he managed to make a contract deal with NASA successfully. This is one example of being visionary of taking your business into a different level, making people see what you see and taking them into your world of ideas.
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3. Smart Business Plan
Now, as you are fully committed to your idea and gain support behind your back, next, you need to set a smart business plan to bring your idea into a real business. Obviously, to #livesmart as new young entrepreneurs, you need to understand the market of your upcoming business. This will definitely help you developing a well-thought business plan. Think of questions that you have to answer on putting a brief description on the business. What makes my idea different from other current business? Do I need market analysis and marketing plan? What sales strategy should I use? How can I get the capital and financial support?
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4. Understand Technicality
It’s your idea, and you need to lead a team in developing your idea into real business. Your team will depend on you to lead the way and give them instructions on what to do. So, you need to master the technicality to provide them a clear image of how to implement the idea, and help you to send away people who can outsmart your leadership. Technicality involves many things such as paying attention to details like pricing, branding, customer experience and other features of your business idea.
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5. Taking Feedback On Board
A good feedback from around you will help you to see whether your idea will be successful in the real world. To #livesmart, you also need to consider others’ perspectives. You might need to make some necessary changes to your idea, and adjust your focus on what works and what doesn’t, and roll out your modified ideas.
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6. The power of social media
To #livesmart in the modern world, social media will definitely help you in expanding your idea and getting feedbacks on how you gain your first few customers. Social medial allow you to be more creative and innovative, and these powerful sites can help you explore your idea deeper. Most customers today have shopped online, and sometimes, they do window shopping online then make their purchase at that moment.
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Finally, you are all set to become future young entrepreneurs. Make sure your team is ready and your timing is right to bring your innovative ideas into actions. Things might go wrong, but, remember those six steps. Don’t give up, challenge yourself and never stop thinking of ways how to get it right and make your ideas better! Are you ready to #livesmart as future smart entrepreneurs?
