21. May 2019
The most common mistake:
What you need to know to set up a business You need industry knowledge.
A cook who wants to set up resurances because he knows how to cook well must also know how:
Select and equip the premises to buy equipment: Stoves, pots, cutlery, plates, tablecloths, furniture Drag customers to buy well;
- What, how much, when, to make it enough and not break down Choose and buy wine, what and how much to supply the bar
- To ensure the taste, quality and freshness of food To cook and serve it all on time
- To plan because there are many guests on weekends and less to hire and supervise the waiters, Cooks and helpers Ensure service quality
Maintain standards of cleanliness Prevent food and alcohol theft by employees
Ensure that all customers pay to plan and obtain funding 11 What do you need to know to start a business
Key knowledge without which you will not succeed What are your customers' needs?
What will make customers buy? How does a customer make decisions in B2B or B2C?
Are the strengths and weaknesses of the competition? How to get to the customer and sell?
How to run the company and avoid fundamental mistakes?
Practical industry knowledge Typical profile in the USA: 5-10 years of experience in the industry in a large and small company
Examples: TW, Puneesh 12 : How to gain industry knowledge Employ in the industry for 5+ years Observe and learn everything in the company you work for Reading, speaking
Why do you need your own company?
The founder is sentenced to 5-10 years … 12 hours of work a day, including weekends
Additional 4 hours of worries and stress a day Occasional contact with wife and children Making difficult decisions without enough information Problems, without a break Loneliness