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[Small Tip] How To Make The Most From The Marketplace

Did you learn this in Introduction to Business 101?

Either way, it's a good tip. Too many people brainstorm until their brain is just that - a storm of unorganized thoughts.
(Apr 7, 2016 06:00 PM)Zenfex Wrote:  I've never heard of business 101, sorry.

It is a required class in both high school, senior year I believe, and the college introductory classes paired along with English and such. You learn about the most basic business principles 👍
(Apr 7, 2016 06:08 PM)Zenfex Wrote:  This is basic but useful
Never mistake words like "basic", "fundamental", "simple", etc for being of no use. Most of the time, the most obvious and beginner knowledge rules of ANYTHING, definitely including business, are the most important. Same thing with words like easy or fast. These words have grown negative connotations these past few decades for some odd reason. I don't know why everyone prefers complication over simplicity.
(Apr 7, 2016 06:39 PM)CPA Exposé Wrote:  That's actually a terrible way of coming up with a viable business and if someone learned that in Business 101, I feel sorry for them wasting time in that class.

It's a scenario. It doesn't mean you have to follow it. Great businesses are born from the need to put food on the table in some situations. Others? Greed, wanting power... There's no one way to start a business. I was just saying that the overall idea of approaching the starting of a business which OP suggested was pretty "saturated", to use HF lingo for understanding.

I wouldn't do it personally because I have a clear vision of where I'm headed. Not a dream, not "who I want to be when I grow up", but many goals that add up together over time to create the final vision.


(Apr 7, 2016 07:06 PM)Zenfex Wrote:  It puts your mind in the right place. Imagine someone told you that you have to find a specific person but you had no idea where in the world that person was, and then somebody told you which city they were in, your chances increase dramatically.

Crumbs is right though, that general way of approaching business is neither the most efficient nor the most beneficial BY FAR. Your analogy didn't help either because the variables don't match at all to what you stated in the OP.
The best way to get into business is to find your passion, see what can do/have potential to do better than anyone else on the market, and THEN go out and survey/analyze what the best pricing per service or good that you offer should be, not vice versa.
(Apr 8, 2016 06:37 AM)Nex+ Wrote:  I never took it until college

It was a college credit class in senior year HS for me I believe. Was an optional class, it was either that or Humanities, which I didn't really find appealing.
Time for some 'Pro Tips': https://hackforums.net/showthread.php?tid=5230830

:)


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