Success Tips for First Time Entrepreneurs in 2019
Planning to launch a new online business venture in 2019, especially your first one? It doesn’t matter whether you want to start a solo business from your basement or create the next unicorn startup company. If you’re not well-equipped, your business won’t stand a chance to succeed.
To help first-time entrepreneurs gather a better idea of how and where to get started, we curated a list of 12 success tips to follow in 2019. Let’s get down to the list now.
1- Focus on a niche
Many new entrepreneurs make the common mistake of going too broad with their products and market appeal. While they are encouraged to target a big market to avoid limitations and stand a better chance of success, they will have thousands of competitors, all vying for the same market, same customers, and same piece of the pie.
That’s why finding a niche is so crucial to the success of small new businesses. Choosing a niche that matches your products or services makes it much easier to define your ideal customers and target them.
2- Use attractive images
The old saying, “A picture is worth a thousand words” has become so true in today’s world of visual content and marketing. Pictures tell customers stories about your business, present a professional appeal, and explain the business values. Images also accompany messages to deliver customers more persuasive and meaningful content.
If you don’t have an excessive budget to invest in professional photography, make use of royalty free stock photos available on many stock photo sites online. They are high definition and can be used for multiple purposes on your websites, social profiles, and marketing materials.
3- Build your personal brand
Personal branding is a powerful tool as a new entrepreneur and for a business’s growth. Developing your personal brand while you build your company is beneficial to your career ladder, and it also opens doors for your company. If you own a strong personal brand, it will pave the way for potential partnerships, business ideas, and future deals.
4- Create a landing page that converts
Landing pages provide specific benefits different from a website and are an effective lead generating and marketing tool. While your business website provides general information to give visitors a better understanding of your company and accommodates various paths to take, landing pages drive conversions. Landing pages encourage people to take a certain action such as signing up, providing contact information, subscribing to a newsletter, making a purchase, or requesting a demo.
Building a landing page can be a challenging task for business owners with no technical skills. However, some of the best landing page builders provide powerful tools to drag and drop elements, so you can set up high-converting landing pages within 15 minutes and focus more on conversions.
5- Gather people and start an agency
Starting a business on your own can be hard and exhausting
There are many tools to help you create an agency without too many hassles, one of which is Bookmark’s Agency Reseller Program. With this platform, you can create many variations of website design for clients to choose from, as well as manage multiple clients all in one place. You will also get your own agency website for free when joining the program.
6- Build a community
Most business owners focus on driving initial sales when they first launch instead of supporting the target market by bringing them together online as a community. A strong and loyal community generates a healthy stream of ongoing traction that leads to sales and positive business results.
Instead of investing all resources in selling, you should develop a community in line with your products or services. It should be a place your ideal customers find value and want to participate in.
7- Do work you care about
If you regularly feel demotivated when thinking about running a business, chances are you’re not doing what you are truly passionate about. Making money may be the primary goal of starting a business, but you should think about the long-term health of your business and what can really keep you inspired all the way. As long as you stay true to yourself, you will overcome challenges and sustain your business growth in the long-run.
8- Regularly back up information
No matter how big or small a business is, regular backups of documents and information are essential to securing the company’s network and preventing a network disaster. Backups ensure that you have secure and clean data to keep your business running in the case of data loss due to unwanted events.
A smart backup strategy should include a cloud storage solution as it gives instant access to your information on the web and restores data off-site. The best cloud storage for first-time entrepreneurs to consider is pCloud.
9- Do marketing on social media
Interacting with customers on social media is one of the most essential digital marketing trends in 2019 for small and medium businesses. Doing marketing on social media helps build brand awareness, increase customer base, and build relationships with current customers.
Today’s most popular social media sites include Facebook, Twitter, Instagram, LinkedIn, and Pinterest. To effectively use social media for your business, build a sales funnel to nurture and convert social followers into customers. To optimize conversions for social funnels, it is suggested that you build high converting landing pages with personalized content and call-to-action elements to convert your target traffic.
10- Build an e-commerce empire with Shopify
Retail e-commerce sales worldwide are projected to grow by 221% from 2014 to 4.8 trillion USD in 2021. Thus e-commerce is a booming business and it will not stop growing in decades ahead. If you want to enter the e-commerce game, you should build the first stone — your online store — with Shopify, as it is the most robust e-commerce platform that empowers nearly 20% of e-commerce websites worldwide.
Among the top strategies to boost sales for online stores, product reviews build social proof as a long-term and effective tactic. To help automate the task, Opinew Shopify Product Reviews App and Importer help generate reviews from verified buyers by sending them request emails, import reviews from third-party marketplaces, and then adds them nicely to your shop page.
11- Create stunning websites that sell
If you’re want to have a successful online business, you cannot afford to not have a professional website that can help convert visitors into customers.
Building a beautiful and functional website for your business isn’t as hard as you think. Nowadays, a non-techie can set up a website on WordPress in 30 minutes. With the availability of premium WordPress themes provided by top sellers on Themeforest like Uncode – Creative WordPress Theme, you can customize an elegant and stunning website without hiring professional designers.
You can also have a perfect, unique logo to represent your business by hosting a logo design contest on 48hourslogo. Many talented designers will work on your brief and produce the best design possible.
12- Don’t be afraid of failure
Many first-time entrepreneurs spend so much time aiming for perfection because they fear failure, in turn, this delays the launch date. No successful businesses today were perfectly executed on their first day. It takes time for business owners to learn and overcome mistakes before their business really takes off.
If you want to be successful, you must let go of your tendencies for perfection and focus on getting things done even with minimum viable products. Your early customers will give you valuable feedback so you can improve your products to meet the needs of your target market.
By 2040, up to 95% of shopping will be facilitated by online businesses. For aspirational professionals, starting a business online is a wise move to be free from the constraints of traditional employment and take control of your life socially and financially. Adopting the right strategies, balanced with the right ambitions, will secure first-time entrepreneurs big success in 2019 and the years to come.
We hope you enjoyed this promoted piece as much as we did!