Monday, February 5, 2007

How To Start

At first, I have to decide what business I'd like to start at first. I have one - "OBS Group" and now i am going to start an other one. I am sure that the most perspective business is e-Commerce and Web 2.0 Application designed for the end-user. What are the difference between investments to them:
- e-Commerce requires for much investments at the start of business.
- Web Application requires much fewer investments at the start, but then it will require much and much more.

Also i decided that i must select the idea not by first time investments, but by the ROI
(ROI - return of investments, some venture capitalists have ROI more then 1000%), That's i the most important criteria. At first, Entrepreneur have to think about the win and the feedback not about the possible losses.

As known, in 10 start ups:
2-3 - return money and generate some positive cash flow
3-4 - only return money
3-4 - loss money of investor.

No one shouldn't forget about that, every one must think about possibility of the win.

No comments: