How To Grow A Business

This is a list of 10 steps to grow your business from scratch.You have to put in some time ,a bit of your labour and maybe a bit of your savings at the beginning and then bootstrap your way up.It is inspired by the post here:-

  1. Find something you can make or something you can do that somebody else will pay you for.
  2. Find out if others will pay you to make or to do the same thing for them too.
  3. If  the answer is yes to point 2,find out ways of locating other such customers.
  4. Make a detailed note of how to go about finding and getting customers the fastest,easiest and cheapest way. Read more of this post

Sunil Bharti Mittal and Entrepreneurship

wealthymatters.comDr.Sunil Bharti Mittal, Padma Bhushan ,was born in Ludhiana.He is a first generation entrepreneur. His father is the late Sat Pal Mittal MP.

Mittal’s first venture was making crankshafts for local bicycle manufacturers.He started in 1976 at the age of 18, with a capital investment of INR20,000 borrowed from his father.  Within three years he had set up two more plants, one that turned out yarn and the other stainless-steel sheets used for surgical utensils.

The initial days proved to be difficult and he earned very little from his businesses. But he kept at it.His businesses required him to travel a lot — sometimes, with very little in his wallet. In those days he travelled alongside his goods at the back of trucks. Travelling by air was out of the question — a train ticket was all he could afford. Hotels were out too — small hostels and clubs were what his budget allowed. He put in 16 to 18 hours each day, but his business just didn’t take off. So after mulling over other possibilities, he changed track. Read more of this post

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