# How to Start Your Own Business: 8 Steps to Follow

## Метаданные

- **Канал:** CareerAddict
- **YouTube:** https://www.youtube.com/watch?v=V1XtQpPhl-A
- **Источник:** https://ekstraktznaniy.ru/video/32622

## Транскрипт

### Segment 1 (00:00 - 03:00) []

building a popular and reputable brand can be tricky but it's not impossible many successful entrepreneurs have done it before you and many will do it after you consider jeff bezos for example whose billion dollar company started from selling books from his garage so if you have the same drive and passion as bezos did here are 8 simple steps you can follow to build your own empire before we begin don't forget to hit the subscribe button and the notification bell to get more helpful videos like this one conduct market research helps you identify whether your idea is worth pursuing or not it's a way to gather information from potential customers so you can refine your thoughts and improve your products so before investing a lot of capital do some market research to ensure that you're on the right track number two write your business plan now that you have a valuable idea it's time to put pen to paper and devise your business plan within your plan you will need to identify your organization's purpose your target audience the product you're selling your end goals and how you will finance your startup costs three make it official if you want a legitimate business you will need to register the company you can do this by using a company formation website in addition to a registered establishment you will need to trademark your business name and obtain any licenses needed to operate if you're in the u. s you will also need an employer identification number ein from the irs four fund your business not all startups require a lot of money but you will need some investment to cover costs until you start making a profit therefore it's important to identify how you're going to fund your business whether it's through personal savings a business loan crowd funding or a sponsorship figure out the financials before you begin five set up your location setting up the place of operation for your business is essential for carrying out day-to-day tasks this could be from your home a shared office space or a retail location while doing so you need to think of necessary equipment including desks chairs computers and other machinery make sure the location is practical for the company and easy to get to six develop your product after setting up the essentials it's time to finally develop your product with the help of your new employees although you'll be eager to get it completed as quickly as possible it's important to reach out to different manufacturers and companies do your research and make sure you get quotes to compare you need to minimize your costs in order to maximize your profits seven build your brand before you begin selling your product or service you need to build your brand and advertise what you're offering you will need to pay special attention to your logo choice and marketing resources if you're unsure of what you want consult marketing experts who can help you create a captivating brand portfolio eight promote your business in today's online world it's important to create an online presence and promote your business this could be via social media ads google marketing web banners or offline promotions just select a few avenues that will work for your product and business so now that you know how to set up a successful business nothing can stop you that said if you're looking for more advice head over to careerattic. com where we share further information unsure of which career paths to follow why not take our career tests to find out at careerhunter we use a cutting-edge algorithm to assess your interests motivations and abilities and match you to suitable careers use the link in the description below to try the career interest test for free and don't forget to like the video and click on the subscribe button to get more insightful tips