Many of us have creative business ideas in many areas of investment, but this does not mean that every business idea can be turned into startups worth millions of dollars, because you do not only need a business idea to build a successful startup.

Regardless of the value of this business idea, business ideas will remain just ideas of no value without the correct implementation, and in order for these ideas to succeed, a strong search for the target market, a good marketing strategy, and a sound business plan for building the start-up must be implemented, and without them, these business ideas will be without any Values.

The Entrepreneur website published a report prepared by Aidan Sawa, who confirmed that paying attention to market research, building a solid business plan, always being well organized, having the power of persuasion, observing commitments, building a lasting relationship with customers, being patient and flexible, and taking the initiative are ways By following it, a startup can be transformed into a thriving company, and the following are the most important steps.

Step by step to transform your startup into a viable enterprise:

1. Interest in market research

The unavoidable fact is that if you want to see a startup succeed, you must do rigorous (ideally early) market research. This will help you define your target market and identify the top competitors.

Once you have gathered all this information, it is time to participate in a comprehensive analysis to see how you can gain a competitive advantage.

Just as validation of an idea is of vital importance, it would be foolish not to put your product or service idea to the test with the people you want to be loyal customers.

2. Build a solid business plan

There is no way to run a business without a solid plan, and the reason is simple.

In writing the steps necessary to establish and grow, you will also encounter a variety of critical issues along the way, such as hiring, looking for investors, mapping out expansion and estimating the inevitable obstacles.

Also, having an appropriate plan will help you gain the trust of investors, as they need to feel reassured that there will be a tangible return on their investment, so take your time and plan.


3. Always be organized

Successful entrepreneurs must stay on top of a myriad of details, and they need to be able to know product, accounting, and staffing basics.

The sure way to reach this level of expertise is to create to-do lists, and stick to keeping them running (including checking off every task the moment it's completed).

The American builtinchicago website, which specializes in startups and business development, published a report written by Michael Zhou, adding more steps, the most important of which are the following:

4. The power of persuasion

How can you sell what you don't trust?

This is not possible, so trust yourself and your company's product, but also make an accurate calculation of your strengths and weaknesses, in addition to your chances of advancement. Confidence is persuasive, and necessary in converting potential customers into permanent buyers, and attests to the validity of any successful and experienced sales representative.

5. Be straightforward and observant

As a general rule, there is no success without commitment.

The latter trait, along with a competent team, are two of the most important factors in creating a thriving company.

What makes it more vital is that the entire team believes in the core values ​​of your idea. Without common beliefs among employees, success becomes an unattainable goal.

6. Build a lasting relationship with clients

If you have already managed to build them, congratulations, now you have to think hard about how you can make these buyers permanent customers.

One surefire way to do this is to listen to them and show them you care, especially by taking surveys.

7. Be flexible and patient

Be prepared for setbacks and changes in your career in the business world.

And don't close your ears to criticism or other feedback, especially if it comes from your customers.

The flexibility that emanates from this means that you carefully thought about feedback and arranged ideas and criticisms according to a system of priorities that rise above the ego.

Success doesn't come overnight, so be prepared to practice patience, and on a positive note, you'll be happy to know that this will turn out to be one of the most effective and reliable character building methods out there.

8. Be proactive

Real growth comes from progress in all dimensions, so stay on top with good, accurate data analysis of competitors, customer insights, and all other forms of feedback you're sure to get.