Shortcut to Being a Business Owner: How To Be Successful From the Very First Step
Becoming a business owner or being your own boss might be considered a dream goal for many. However, everyone has their own recipe to success in life. One might take the slow path, whilst others may take the fast path, or even a shortcut. Ultimately, the end goal is usually to own a business or become their own boss. Designing one’s own route that they have confidence in is therefore important for someone who wants to start their own business.
Preparing to be a business owner requires concept and passion.
We believe many people that aspire to be a business owner have concerns in terms of business plan or ways to operate, in order to ensure their newborn business survives with income and profit - the ultimate goal for all businesses. Planning and management must be practical and suitable for each business type. As a result, there are 4 points one needs to understand if they would like to start a business quickly and tactfully.
Transforming your life and catching up on global business trends:
COVID-19 has imposed a great effect upon the world, leading to rapid expansion of online businesses platforms. A large number of individuals that have been wanting to establish their own business have now taken this route. However, business owners require knowledge and understanding, along with the ability to adapt to global trends in areas such as food, beverage or health products that people have become more interested in over time. This knowledge must be combined with know-how on product design and customer service that is not trapped in a one-size-fits-all principle. Business owners of 2021 must be aware of limitations for different customers that vary in attitude, consumer behavior and social diversity, whilst looking for a common ground that could connect all generations together. This is the tool that allows business owners to connect each element more clearly and in order to find the best way possible to meet customer’s needs.
Defining the business through product value:
Getting a product recognised by its exceptional quality is the core point business owners must pay attention to as it can add value and gain trust for their business in the long run. Selecting fine quality products certified by the FDA, creating customer experience and introducing the product through sincere story-telling will help your business become easily recognisable, gain customers’ trust, as well as open doors to other opportunities similar to other world-class businesses that have built their trust from these foundations for success. Furthermore, opening up opportunities for potential partnerships to expand your business, helping you swiftly achieve your business target.
Online platform that connects with the modern consumer:
Marketplace disruption caused by COVID-19 and advancements in the online marketplace is another factor that has resulted in an abrupt change of consumer behaviours also known as the “New Normal” lifestyle. Online shopping has now become the most popular trend. Thus, business owners should keep an eye on consumer interest and lifestyle, whilst also constantly analyse their online shopping behaviors in order to design a business model that meets customer needs. Communication channels, purchasing system, and answers to customer queries must be easy to and quick to access as it can stimulate customers’ decisions to buy products more impulsively.
Expanding marketing plans to pave way for success:
After analysis and planning, one of the best driving forces to generate profit for business owners is marketing. Producing a marketing plan that is suitable for the target audience requires knowledge and experience. However, a good marketing plan is the key to gaining consumer trust which could pave the way to steady business growth.
U Life is opening up opportunities for anyone who wants to transform their life and become a business owner. With our help in providing countless business data, premium quality products, creative marketing know-how, and process to create forms for your products and build business regulations, we could help you reduce the risk and start a stable business. Taking you closer to new opportunities, furthering you away from risk in your first step to the world of business.
‘Mr. Apiwat Vibulwattanakul’ a former banker who has become one of U Life’s experienced business owners.
For those who cannot imagine what starting a business would be like and wonder what it takes to decide to become their own boss, meet a business owner that owns assets, real estate and a management title of a club with a total valuation of 50 million baht. Everything started from his firm decision to build his own business.
When being a banker does not meet his needs in terms of happiness, Mr. Apiwat Vibulwattanakul decided to start life anew by investing in his own audit office. However, he faced tough responsibility and overwhelming costs with unstable income that caused him to shift into various kinds of business until he decided on a new path with U Life that could meet all his needs. Other than providing a worthwhile income and having a low investment rate and risk, U Life’s educational system aims to assist business owners to achieve their full potential in terms of their thought process, improving their personality and unlocking their potential, including their ability to learn about new, innovative products so this knowledge can be used to expand their business.