How to Start Your Own Business

Topics: Entrepreneurship, Management, Business Pages: 3 (733 words) Published: December 1, 2010
A word young man associate with: force, obstinacy, creativity and of course with fresh ideas for the future. Almost every young person has a purpose to have his own business, they want to be worthy in this big and cruel world. But it is not enough to have a dream or idea. Business is more difficult then we can imagine. Mostly all young people like to dream, they are dreamers. But if they want to make their dream come true they have to be stubborn and very strong inside. Recently in accidentally I have read an article about one of the smartest businessman in Lithuania – Benas Gudelis and I was so admired of him. He is smart and he knows what he wants and how to reach it. First of all you have to feel if your idea has a meaning and is it viable. He says that every business is very specific. He thinks that the most important is to grow your business step bys step: business idea, the plan of your business, finding the resource for your business, policymaking, strategy, and control of your business. It sounds difficult and hard but it attracts. It is usual here in Lithuania to choose the easiest way but for me it is better to choose a harder way, to feel that you are really working and reaching your purpose. Business idea: the idea must be grown in your head for a long time till it materializes. It has to be something rare and something that people need it has to attract them. Business plan making: when you start making a plan you will realize what problems and difficulties are waiting for you. So you have to be ready and make a strategy how to defeat them. It helps to protect you business. Business plan is an entrepreneur program document it bases the business idea. Plan must be made for 3-5 years. Finding the resource: it is very difficult in our country. I have read a lot of articles and some literature and I have understood that our financial crisis doesn’t let us to create our business. At the moment it is vary unfavorable time. But if...
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