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Entrepreneurship

Starting a Business with Ksh 30,000 only | #ItsAHoodie Story #Shorts [Video]

Starting a Business with Ksh 30,000 only | #ItsAHoodie Story #Shorts

Daphne tells the story of her business of less than one year that she started with just $300 | Ksh 30,000 only.

A full video of her journey is soon to be uploaded on the channel. Subscribe!

Do you want to know how to start a business that will generate $1000 with little investment? Do you want to know how to come up with business ideas, how to identify new business ideas, or how to start a business in 2021? You may be thinking that starting a business is complicated or a business must be innovative to make money. But is this true? Is starting a new business in 2021 hard? Is making 1000$ in a small business possible?

Stick around to know how others did it!

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Categories
Entrepreneurship

Starting a Business [Video]

Starting a business can be one the most exciting things you'll do in life. It can also be the scariest. According to the latest statistics on the percentage of businesses that fail in the United States, we see that of the 678,135 new businesses that were started in 2015, more than one-fifth (20.4 percent) closed after their first year in operation.The percentage of businesses that fail increases to 30.9 percent in the second year and 38.6 percent in the third year. By the fifth year in 2020, the new business failure rate reaches 50.0 percent. Needless to say, it's hard! The ones that succeed do so not only because they work hard and get lucky. These entrepreneurs spend an immense amount of time creating a plan and execution strategy. It takes a lot of discipline to overcome the challenges. In this episode I'll discuss the basic questions you want to ask yourself when starting a business.