1. Be clear about your financial priorities
Many entrepreneurs come to us with great business ideas, but when we begin to prioritize the activities necessary to meet their goals, we find that they are not clear about how to start investing their initial budget and they make these mistakes:
Purchasing large inventories without testing the market to dominican republic phone number list determine what your target audience likes.
Robust technological investments without even having determined whether the product really generates interest in the market.
Not being willing to spend money on digital advertising.
Not using organic strategies to get conversions.
Not taking into account the distribution, packaging and tax costs that come with starting a new business
money manages
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2. Seek Help - Outsourcing
A common mistake many entrepreneurs make is trying to do everything to save money; it is normal to see them managing, marketing, prospecting, doing logistics tasks, etc.
YOUR TIME IS WORTH A LOT!!!!!
This has two serious consequences: First, you don't focus on what you're really good at and like to do.
Second, by trying to do everything you end up not doing anything well. Entrepreneurs work more hours a day than a regular employee, and they use this time to do what they do best.
It is important to delegate certain activities in which others can be better, more efficient, or at least have more resources to do it, you will end up saving time and money.
3. Seek Alliances
Take advantage of government programs for entrepreneurship.
Seek alliances with other companies for services or products that complement what you do.
Look for online learning tools, there are many free ones.
3 tips for starting a business
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