On Starting a Business
This is my two cents to help someone who wishes to make a lot of money by starting a business but doesn’t know how or where to start.
In this article, I won’t focus on the tactics but on the core fundamentals of what makes a good business and the different business models that exist. I will also focus on how to start from scratch without much capital.
Disclaimer: At the time of writing this article - 12th June 2021 , I have not built a successful company yet. Although I have tried to start a couple of times. These are some of my findings from my failures and noticing how others do it.
Startups are companies that are highly innovative and grow very fast, The sole aim of a startup is to grow as fast as possible in terms of users. These companies are often 100 times better than their existing competitors or counter parts.
A Business on the other hand grows slowly is often not very innovative but only slightly better than the existing alternatives.
