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It almost goes without saying that you should not start business within a
trade or area of experience that you are unfamiliar with.
Work experience
If you have to start
out gaining basic knowledge about your service or product along with getting the
grip of running a business it will soon become an almost impossible task.
Though, some line of trade are fairly easy to learn. Starting a cleaning
company or selling pizzas can be done with little knowledge about the trade.
What do you know best and what are you best at? Does that fit with your new
business?
Education
It is a great advantage if there is an educational foundation of the competences
in the company. If you can add several years’ practical experience within the
field it will take the competence to an even higher level.
Life experience and
spare time activities are also important parameters to review when starting
business.
- Go to next
business issue: Internal Trade Network
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| Mogens Thomsen, Scandinavia |
28-11-2009 |
All academic studies about this subject says that if you want success with your business you should start in a branch of trade where you have been working for some time. E.g. 10 years in the wind mill industry gives you contacts and knowledge that money cant buy.
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