How to make a good Decision | getting started

How to make a good decision 

Starting a business needs a major step, a step to make a good decision. Learn and build is here to help you how to make a decision and get you started with the business. The things you will learn here will help you shorten the process, though it will all fall on you. 

How to make good decision?

Making the right and good decision is coming from knowledge and confidence to what you are deciding from. Starting a business comes with a great idea. And that will be followed by a decision to get started. Here are some of the checklist you meed to do before making a good decision. 

1. What problem are you solving?

Starting a business with a product in mind, before producing the product, This question must be answered first. It is an evaluation to proceed if you have identified what product you will be promoting. Instead of creating a new product, there may be an existing ones that needs to be improved and re produced. This question will give you a better solution to the problem. The reason why people buy a certain product is because of that particular problem you are identifying. 

Better write down your notes and see what else you can get to give you a better perspective of the product you are launching.

2. Who will be your target market?

A market research will also give you a better idea to make a product design according to your target. Are they for rich, medium range or low income consumers? Planning for a specific market leads you to know how much capitalization required. Not only that but the outlook of the product design, the cost and the time frame required to produce, package and deliver. 

3. How much capital you need?

You will be investing money from here, better know your cost. Are you able to recover and get a fair amount of return on your investments? 

You need to make your cash flow projection. The good thing about online business is that you can really start small for as low as $10 or even for free. You just be resourceful and smart. The capital investment if you have a very low budget is starting for free but you need to spend time working on the platform before you can actually earn income. 

A good example is starting a blog just like this one, make the blog an avenue to produce income. 

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How do you earn income online through a blog?

There are so many options to earn income using your blog. These are some of many different option 

A. Learn through Affiliate Marketing

B. Earn from Google Adsense

C., Earn income by selling products online

You can Start a blog for free. Each of these 3 I mentioned requires skill in promoting products of otger people. Later you can create your own product or line of products. 

Affiliate program 

There a lot of affiliate programs available online. Be resourceful and find the right one for yiu. 

From Digital products to books and much more. 

Disclosure: 

There are some affiliate links below, but these are all products I highly recommend. I won’t put anything on this page that I haven’t verified and/or personally used.

Here Some of the resources that runs an affiliate program;

Google Adsense 

This is also easy in a way that you can just spend time writing blogs at blogger.com with your gmail account. Invest in time to learn how yo build a blog and keep publishing articles with enriched keyword optimization. 

Application may take some time but once you are approved ads keep appearing on your blogposts. If somebody clicks from your blog or buys from the ads displayed, you will earn an income. This is awesome, definitely 

By Selling products online

You can create your own product and sell it online. Amazon has an affiliate program or you can create your own product and sell. 

We can go in depth wih these in our coming blog. 

If you enjoyed reading, lets share thoughts through the conment box. 

Happy reading