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4 Start-up Tips Experts Won't Tell But You Need to Know

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In today’s world, international business activities are getting more and more frequently. It’s easy to find that business is playing an important role in our lives, and our group have searched and arrange some useful information and tips about business.

1. Be passionate about what you do.

You don't have to love whatever your business is about, but you do have to be fired up about it.

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You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do, whether it be running fishing charters, creating pottery or providing financial advice. Make sure you're on the right track by asking yourself these three questions before you do anything else.

2. Banks aren’t the only place to get money.

There is much talk in the media that banks are not lending at the levels at which they used too. Whilst this might seem bad news for business, don’t panic! Recent research from NESTA and The University of Cambridge shows that 300,000 businesses raised over £3 billion last year from alternative investment like crowd funding and peer-to-peer lending.

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3. Start your business while you're still employed.

How long can most people live without money? Not long. And it may be a long time before your new business actually makes any profits. Being employed while you're starting a business means money in your pocket while you're going through the start up process.

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4. Tell a good story


Investors are busy people. They won’t give you long to “pitch” your business to them before they lose interest and move on. You need to be ready to pitch at any moment and to tell a clear story about your business – what it does, what you have the potential to do and how you plan to do it.

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This post first appeared on The Key To Keep Your Business Strong As China Devalues Yuan, please read the originial post: here

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4 Start-up Tips Experts Won't Tell But You Need to Know

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