Seed undertakes
Steps to Help Someone Start a Business
1. Listen to the idea
• Ask what they are passionate about and what skills they have.
• Encourage them to think about problems they can solve (successful businesses solve real needs).
2. Define the product or service
• What exactly will they sell?
• Who will they sell it to (ideal customers)?
• What makes it different from the competition?
3. Validate the idea
• Do simple surveys or ask people they know.
• Test small-scale (e.g., sell to a few clients before investing too much).
4. Basic plan
• Costs (what is needed to start).
• Selling price.
• Expected profit.
• How it will be promoted (social media, word of mouth, flyers).
5. Formalization (if possible)
• Check permits, licenses, or registrations (depending on the country).
• Open a separate bank account for the business.
6. Create a digital presence
• Use social media (Instagram, Facebook, TikTok, WhatsApp Business).
• Create a simple logo or visual identity.
7. Start with what you have
• Don’t wait for everything to be perfect.
• Launch and improve along the way based on customer feedback.
8. Track and improve
• Listen to customer feedback.
• See which products/services work best.
• Adjust prices, packaging, or marketing.
9. Reinvest the first profits
• Avoid spending them right away.
• Use them to improve quality, buy more stock, or expand the business.
10. Stay motivated
• Remember that entrepreneurship requires consistency.
• Celebrate small achievements.
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