Tips To Be A Successful Entrepreneur

Tips To Be A Successful Entrepreneur - A number of young people today dream of becoming entrepreneurs. However, building a business is not easy. For that we need several references from those who are already successful. One of them is the owner of Bawadi Coffee, Teuku Dharul Bawadi.

This time, he gave some success tips for business people who want to start a new business. According to him, to start a business, the first thing to do is promote the branding, then determine the product.

"So to start our first business promotion first. My advice as a beginner is better for us to promote the branding rather than creating the product, ”he said during a conversation with him in Jakarta.

For Bawadi, product affairs are number two, but branding is the main force for running the new business. Because, by initiating communication activities with the aim of building and raising a brand or brands will get a response from the public.

"Because why after we compare through social media and others. Later there will be opinions from other people, for example there are deficiencies. So, branded first, then created the product, ”he said.

Start Marketing

After the product has been thought of in the minds of the business actor, the first thing that needs to be done is to start marketing. This can be started with the closest family and even neighbors first. After getting a positive response, then the market will be expanded.

"Do not take action, for example, direct mass production. that's where most of the SMEs fail. Actually we can start stap by stap better than directly, "he said.

This 30-year-old man also emphasized that the most important thing to start a business is to stick to principles. The principle that must be instilled first is honesty and trust. "Because to make all efforts if it is not honest it will not be built," he added.

Then no less important is the issue of appearance. "If we play abroad, for example, there are several events that I participate in. If we have a normal appearance, the people are less attractive. But in terms of appearance, if we can give more to others than appearances he will not question trivial things, "he explained.

Must Tawakal

And the most important thing is tawakal. Because without this, usually everything will not go as planned. "Actually, this is the first time without asking, and without tawakal it will not work," he concluded.

For information, Bawadi Coffee is an MSME actor who has succeeded in robbing to go international. Until now, there are eight countries of origin for export destinations including Malaysia, Singapore, Canada, China, Thailand, Brunei, Australia and India.

The sales turnover of Bawadi Coffee itself has now reached Rp. 600 million per month. This figure is equivalent to 20 times the initial capital to build a business which is only IDR 30 million.

Profitable Vape Business

Profitable Vape Business - Vape, or more commonly known as e-cigarettes, is now getting a lot of fans. However, this Electric Cigarette is intended for those who want to quit smoking, but this is difficult, this is the solution. The vape business is also very profitable because many other people already know that the benefits of e-cigarettes are not so detrimental to the body than cigarettes. This time, bisnisholic.web.id will discuss a very profitable vape business line and have many stores throughout Indonesia. The following is an overview of the vape business.

Who said that the e-cigarette business, aka vaporizer or often called vape, is still mini? If a few years ago this business was only cultivated by a handful of people, now the business people have reached thousands or more.

Rhomedal, Head of the Public Relations Division of the Indonesian Personal Vaporizer Association (APVI), said that until now, the number of shops selling vaporizers in Jabodetabek can reach around 1,500 stores. "This does not include vaporizer shops throughout Indonesia," said Rhomedal to KONTAN, Thursday (18/10).

If collected throughout Indonesia, Rhomedal projects that the number of e-cigarette merchants can reach 5,000 shops. This figure does not yet count the number of independent shops selling online.

Not only vaporizer traders, according to Rhomedal, the e-cigarette supporting business is also growing. Among them are the increasing number of vaporizer importers, vaporizer accessory traders and cafes that have been established since the vaporizer community developed.

Even though the vaporizer business is growing rapidly, in Indonesia, this business actor is still a stepchild. Rhomedal said, in Indonesia there is no regulation that regulates this e-cigarette business.

If, one vaporizer shop could turn over Rp 30 million per month, at least the cash turnover from the 5,000 vaporizer shops throughout Indonesia could reach Rp 150 billion per month. Big numbers, right?

No wonder, when the 2017 Vape Fair which was held at the Jakarta International Expo (JIExpo), the number of visitors was more than 40,000 people. "Vape Fair 2017 is the biggest event in Southeast Asia," claims Rhomedal.

However, due to the absence of regulations, vaporizer business players nowadays often find it difficult to run their business, especially if they are involved in a formal legal manner. Just so you know, the vape business entered Indonesia around 2012.

Easy to Run a Laundry Business

Easy to Run a Laundry Business - In everyday life, humans cannot be separated from clothes, especially urban people who need clean and neat clothes to work every day. Unfortunately not everyone has time to wash their clothes. They tend to prefer to use laundry services rather than washing and ironing their own clothes. That is why managing a laundry business can be such a promising and profitable business today. Anyone can do this business, especially housewives who want additional income at home.

How to Start a Kiloan Laundry Business

Before starting a laundry service business, there are a number of things that we must prepare from the start. This preparation will be very helpful in running and developing a business to be even bigger.

The following are preparations that must be done:

Preparing Laundry Business Capital

The first thing you have to pay attention to is the preparation of initial capital. There are several ways you can get initial capital:

1. First, borrow capital from the bank
2. Propose cooperation with others
   

For a small-scale business, a washing machine and other equipment costs around Rp. 3 million to Rp. 5 million. If you don't have that much capital and don't want to borrow it from the bank, then you can work with other people with a profit sharing system.

So someone else who provides the capital and you who run the business. Later you have to return the capital while running the business. If you are big and save capital, you can make a bigger business.

Choosing a Laundry Business Location in Kilos

Where is the laundry business location that you will be opening? Of course it must be in a strategic place. Strategic areas for running this laundry business are around boarding houses or rented houses, in residential areas, and also on campus. If the location of your house is strategic enough, you don't need to rent a shop anymore. To run a home laundry business, all you have to do is prepare a place at home to run your laundry business. And of course you don't need a lot of capital because you can start this business from a small thing first. It's different if you have to rent a shop or shop to open a laundry business in kilograms. Of course, this will require a large enough business capital at the beginning.

Prepare Laundry Business Equipment

Opening a laundry kilo doesn't only need a washing machine. In addition to the washing machine, you also have to prepare an iron, laundry soap, clothes deodorizer, clothes dryer (clothesline), a weight for placing laundry, laundry name tags, plastic packaging, and so on. All equipment must be counted in the capital. The capital required at the beginning tends to be rather large. However, if your kilogram laundry business is running well, the capital will automatically be replaced by the payment of the consumers.

Understanding the Correct Way of Washing

Washing clothes may seem trivial, but many people do not know how to wash properly. If you want to open a laundry business, you must know how to wash clothes properly and understand that each type of fabric has different treatments. For example, there are fabrics that cannot be mixed with other fabrics, knowing which fabrics are fading, how to get rid of stubborn stains, how to wash jeans, sweaters and others. By understanding this, you can provide good service, so that consumers will be satisfied.

Calculating Operational Costs

Capital is used to purchase initial equipment. Meanwhile, operational costs are the costs that you have to spend every month. The operational costs in the laundry business include electricity costs, water costs, detergent procurement, employee salaries, and other necessities. If you rent a business place, it means that there is a rental fee for the place of business. This should be thought of from the start and included in the operating costs of your laundry business.

Starting a Catering Business

Starting a Catering Business - One of the many companies in the culinary field that is fun but full of challenges is the hospitality industry. A catering business is one of the many small capital businesses that you can start. Especially if you like to cook, close relatives and neighbors will definitely ask you to prepare a food menu. However, you also have to pay attention to other things, such as the food menu, prices, and competitors.

Tips for starting a catering business

Start a catering business small in other words, you can keep your current job. As your catering business grows, you may consider choosing a catering business as your primary job.

The considerations are: losing your regular salary, handling stress, and your family situation.

Running this culinary business will take hours, especially on evenings, weekends and holidays. What if it affected your spouse and children?

Being your own boss is a very personal choice that shouldn't be taken hastily.

After you are solid with the choice of building a catering business, try to follow these tips.

• Look for previous experiences
• Determine the name of the catering business
• Study financial reports
• Start hiring employees
• Consider digital promotion
• Set goals & focus
• Create & expand networking
• Look for previous experiences
  

Anyone who wants to start a catering business, it is better to work in the same field first, especially in an established catering business because they are always looking for good people to prepare for the event. It's also the best way to decide if starting a catering business is something you actually do. In addition, work experience will also make you realize that doing a catering business is a physical job because you will be standing for hours.

Determine the name of the catering business

The fun, but a little tricky, is picking the right name. If a parent names their baby prayerfully, you name your catering business to bring good luck. The name can reflect the food menu that is your mainstay, location, or word play. Likewise when determining the food menu in your catering business. Make the menu name as unique and interesting as possible. Or if not, keep it as simple as possible so that customers immediately understand your catering menu.

Study financial reports

Like any business, you should have an income statement for everything you do in your catering business. Try to take into account the expenses you use in advance, such as for groceries, renting catering equipment, and hiring employees. After that, determine the price of each food menu by taking the appropriate margin. That way, the benefits you get will be seen.

Start hiring employees

This point can be made when your catering business is running fast. You will need extra employees because you cannot handle all your catering needs, from preparing food ingredients, cooking, to packaging the catering menu. Most likely at the start of your business year, only part-time employees will be required. Look for individuals who are organized and can easily delegate the tasks you are assigned. But, of course, if cooking is your specialty, don't let your employees do the job. This anticipates the taste of dishes that are different from what you are used to.

Consider digital promotion

Social media such as Twitter, Instagram and Facebook are great ways to start introducing your catering business. Form a group of “friends” and “followers”, but don't use them immediately as a tool to talk about your own business. Use these social media to ask for advice and establish yourself as an expert. Extensive networking, especially with event organizers and wedding organizers, as well as a form of promotion for your business. Catering is one of the few services the two of them hire. Don't be afraid to promote your business to them by giving them a discount. Basically, they are practically the outside sales force for your catering business, and the discount you give them is their commission for working with you.

Tips Before Starting a Home Business

Tips Before Starting a Home Business - Many people have the desire to own their own business, but are hampered by the necessary capital. The best solution is to start a home based business. You can use the free space in your home, such as the patio, garage and kitchen to start a business. By using a house, you can save large capital costs, so that existing capital can be allocated for other needs. These are some of the ways that you must go about it when you want to start a home business successfully.

Ask for Family Support

Family is the most important element before starting a business, especially if you are just starting a business. The family is a supporter in terms of material and non-material. If the family does not support it, the business you are running will be increasingly difficult to develop, it can even fail because there is no support from the family. Therefore, in doing business, family support is needed, starting from the beginning of pioneering to success later.

Study Administration

Even though the business you are running is only a home class, you also need to master administration even if it's only simple. Always do administrative records in an orderly manner even though the value is relatively small and never mix personal finances with business. Because one of the main foundations for the continuity of the business that you will live in order to be successful is an administrative problem.

Keep Your Mind From Failure

Every business has only 2 choices, namely success or failure. A true businessman will never feel afraid of failure, even though he is still a beginner. If from the start you feel unsure about the business you are going to do, then you can be sure that in the future the business will fail. The businessman mentality will usually be strong over time and the obstacles that have been faced, need a long process in order to achieve success. So, ask yourself, which one is strong between thinking success and failure before starting a business.

Define Business Vision & Mission

Determining the vision and mission is important for determining the direction of future business goals, even though the business is only a home class, but you must also define it clearly. So that when the business is running, there will be clear goals to be achieved in the future, not only running but must have targets. Without a vision and mission, what is the goal and how to achieve that goal becomes difficult to achieve.

Calculate Capital Requirements

You will not be able to run a business if you have insufficient capital. Calculate carefully which are the most important needs for the business to run. Avoid purchasing items that are deemed unnecessary. In addition, you can also take advantage of what is around the house to start a business such as the yard, garage, kitchen, cooking utensils, and so on.

Select Fields Matching Passion

The important point for starting a business is in accordance with the passion you have. Why does it have to be in accordance with the passion you have? Because if it is based on passion, then what you do will be more energetic and feel lighter. When the business is run with passion, the business will quickly achieve success. Avoid choosing fields that don't match your passion. So if you like the field of photographer, you can open a photo service at home, or if you like cooking, you can start a culinary business.

Choose Time to Start

Building a business cannot be done carelessly. Don't be in a hurry, because business requires careful calculations, just a little mistake you can experience losses. If you choose the wrong time, then your business will fail. For example, when approaching the month of Ramadan, the most appropriate business is selling Muslim clothing and Eid cakes.

Determine the uniqueness of the product

When you have started a business, so that your products can be well received by consumers, you must have a product that is more unique than similar products. Especially now that the competition is getting tougher, so that every product marketed must be able to attract and attract the hearts of customers. In addition, by using a unique product, your brand will be easier for consumers to remember.

Promote Properly

Promotion is one of the mandatory things that you must do to introduce products to potential customers. The more often you do promotions, the more people will know about the products you have. In terms of promotion, so that not too much money is spent, the promotion target must be right. The best thing is to try to promote your product through Facebook Ads or Google Adwords, because on both platforms, you can determine the target according to what you want.