Platinum Rapid Funding was recently featured on a website geared towards startup businesses called Startup Mindset. In the post titled, “5 Tips for Growing Your Business” I, Ali Mayar, provided information for those looking to realize their business ideas.
Startup Mindset is a blog dedicated to business and entrepreneurship. It aims to provide its readers business tips on a range of functions such as leadership, marketing, finance, technology, social media, etc. All types of industries are covered. The site also sheds light on events happening in the United States and the rest of the world so that readers know what’s happening outside the business realm. Those who would like to derive some entrepreneurial inspiration or would want to know the technicalities of running a business, the Startup Mindset blog shall be of some help.
My Tips to Readers
As the CEO of Platinum Rapid Funding Group and having completed several qualification exams within the cash advance sector, I would like to share a few tips with you from the little things I have learned over the years.
• Begin Small
First and foremost, don’t start a business investing a huge amount of money, irrespective of the professional experience you’re bringing in. Trying to cater to a large audience right off the bat is not the most sensible thing to do. Focusing on a particular niche and targeting a small group of people is how you should launch things. If you happen to succeed with the modest outing, you should be in a much better position to reach out to more people as you would have then gained the confidence to take things to another level. And if you fail, the impact would be minor and you would not require much recovery time.
• Remain Focused
When you’re starting a new venture, it’s important you offer 100 percent commitment and time to the startup. You cannot afford to have multiple things on your table when you’re just beginning. Generally, people with entrepreneurial dreams start their own business without quitting their day jobs. New businesses get launched almost on a daily basis and you cannot certainly expect to compete with them or outshine them if you’re half-hearted in your approach and effort.
For an entrepreneur, meeting new people and building contacts is as important as marketing and selling a product. Create a professional network with noteworthy influencers within your industry. You can do so by attending industry events, befriending people online (social media), following blogs of influencers and creating a rapport with them through comments under their blog posts, etc.
• Keep Customers Happy
Keeping your customers happy is crucial to sustain and grow as a business professional. Happy customers come back for fresh business and also refer customers to your company. In fact, for a new business to grow, an ever-growing set of content customers is vital. A loyal customer base is important also because procuring new customers is expensive and time-consuming when compared to corresponding with existing patrons.
• Analyze Things
Keep a track of every step you take in business as it helps look back at things and see what worked and what didn’t. When you look back at your mistakes, you’re sure not to repeat them. Moreover, you get to learn a lot about what your business acumen is like and where you should be rightly heading.
Check Out Some of My Other Interviews and Posts
I love to share my wisdom with others. Without those daring to dream and start their own businesses, I wouldn’t have a business myself, which is why I strive to depart my entrepreneurial wisdom and knowledge on others. In addition to Startup Mindset, I’ve also been featured in the following interviews and articles:
- How to Run a Successful Team–The Startup Magazine
- Key Insights On Leadership and Management: Interview with Platinum Rapid Funding Group–Money Inc.
- How Platinum Rapid Funding Group Can Bring Your Business Dreams To Reality–STEEMIT
- How Platinum Rapid Funding Group Can Fund Your Small Business–Entrepreneur Resources