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There's a girl called Amina in Karachi, Pakistan who used to sell cakes on order basis from her home at the age of18.
At age20 she's got a physical store with yummy eateries.
But the scale of the business can definately improve with experience/consultancy.
Yes. Be careful. Take it slow. Do not rush. Keep asking questions to the right people. Start with legal issue and also ask about the what ifs. Then call me and I'll help you take your business of the ground :)
no you cant start the businss without experince becuase the process of the business will take long time and it will cost alot
Off course experience is not compulsory for Business.
Every thing is possible,it depends upon your determination ,seriousness,and courage to do.This is not necessary to have some experience prior to do business.Starting a business will give you experience gradually .With the passage of time you improves and comes out to be successful Business man and soon your success story becomes an example for others.
Starting business is like starting a sales job, have targets, achivements. So u must look into your sales skill where you were good and where you were poor. One can easily start our own business with limited capital and stuff. After that we have so many chains like, finance, costing, management, accounts. If you have some skills and ability then you should not fear to start your own business. Once you started then you sure will learn each and every business ideas and growing skills.So dont worry and start business
I believe it is possible yes. It goes without saying that experience with business operations, selling, marketing, customer relations and market dynamics among other things is advantageous for entrepreneurs to steer their own "self-built ship" in the right direction safely and confidently.
Having said this, the same experience can be less advantageous when it is limiting in terms of innovation, creativity and adventurous venturing. Experience can be very much associated with doing the same thing others did, because it is SAFER, thereby subtracting from the very definition of being an entrepreneur (= innovator, adventurous). This makes them rather more business men than entrepreneur.
Business men are at their best when experienced, entrepreneurs are not that necessarily, because by definition they embark on something new. And the world of business is full of such people, especially in the field of (new) technology, like Mark Zuckerberg of Facebook, Bill Gates of Microsoft.
Yes, But it is advisable to follow few safe steps
1. Create a complete Business process model/canvas
2. Show and get feedbacks about your canvas
3. Have good mentors with you all
4. Speak with many entrepreneurs and startup businesses
5. Make sure you sustain in market for atleast2yrs.
That is not recommended in general, as the experiance is a vital factor affecting the business you are intending to start.
Knowledge is important but when it combines with a solid experience, then you will increase your chance to succeed.
Combination between risk and return if a person is aware of the internship risks this will do him better than understanding books and memorised points its all about how well you know the market
That is a plan to fail
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