THE SECRET BEHIND STARTING A SUCCESSFUL BUSINESS VENTURE

Go For Training You need to learn how to find a need, how to meet that need with what you have and know the strategy to attract potential customers. Be Humble Make up your mind to start low. A humble beginning is always the best beginning. Even if you have an idea there is still a lot to learn. Great things don`t usually start in a great way. Sometimes the right environment for your success will seem to be hostile at the first time. Champions do what they don`t like to get what they want. Capital A capital is an asset that is available and could be used to produce other assets. To raise a financial capital for your business you must have integrity. Personal saving is a good option for those in a paid job. If you are an applicant, family and friends could be a good source of fund. People are more confident to lend out money to someone who has a source of income than the jobless. Money is not the only capital you need for a business. It may seem as your major need anyway. Time is a capital. Use your time to carry out research. You can create and multiply other capitals by using your time effectively. Your experience in life is a capital. Take a moment to consider your past life experiences whether good or bad. There is something in it for you that could be useful as you plan to step into a business. It is against this background of unemployment ravaging the country that the government and other non-governmental agencies are advocating entrepreneurial skill acquisition programmes for both men and women alike in order for people to debunk this ideology of after school, next is to go get a job, it doesn't matter if you have the potential to even create jobs yourself, everyone just goes hunting for job once they have the certificate. Job market in kenya (just like any other country) is very saturated. True, there are hundreds of thousands of jobs waiting right now for grab, but there are equally millions of qualified applicants hunting to grab them. It must be agreed that starting a small business in Kenya has never been easy considering what one would have to go through to raise business capital towards setting up and running a profitable business. Basically, it's all about money. Government has also created some financial institutions that will assist small businesses to succeed so long as the startup and business plan is right. But nevertheless, maybe more important than any other benefit of working at a startup is the realization that hard work, creative thinking, and tenacity are worth a whole lot in achieving a set goal