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Business strategy
can you succeed as an entrepreneur without business knowledge?
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[QUOTE="Sotherefore, post: 235387, member: 27033"] you might likely succeed but it is not really necessary for you to start up a business without having a single understanding of the business. The risks of business failure will be very high and that is really too much compared to the amount of capital you will be investing in the business. At least no matter the business you are starting , you must have a little understanding about the business. This will not only help in the progress of your business but can also help you to manage the business even if the business grows to a very important stage. After all it is not even difficult for you to get an idea or to learn about these business tips and strategy, it's something that might not even take up to 1 months. I know some people do not really have the time to learn but it is absolutely necessary for the progress of every business. Ok even if you don't want to have an idea of the business you are starting , at least you must have someone with a better understanding of the business because they will really help you to achieve progress in the business . But going into a business as a complete novice is not advisable. [/QUOTE]
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