India is the country where almost whole youth interested in business. They start a start-up for that but more than half of that are failed in that because india is the country where if anyone wants be an entrepreneur then people ask him WHY..? why entrepreneur..? instead of WHAT…? what is product….? soo this is the main reason of failures in india as a business man. And if anyone build his business by his own than he is not sure that “IS HIS BUSINESS RUNNING HIM OR HE IS RUNNING HIS BUSINESS”. In many business conferences the huge business man creates troubles for middle class businessman so at that situation that middle class businessman can not sell their projects and they sold themselves in front of the whole conference. In india this is the big problem for middle class businessman. In the business that problems are called as the “PAIN”.
So there are few pains of business
- Start-up pain
- Government pain
- Customer pain
So every start-up entrepreneur must have to face these pains these are
Start-up PAIN – Every year, we begin the first month of the start-up yard program working on product positioning and buy personas. An essential element of this is “the problem” that the start-up is solving. That problem can be surprisingly tricky to identify
- MARKET PROBLEM
- BUSINESS MODEL FAILURE
Market problem is related to the what the market is want and what we give them and the other one is the business model problem is this wants an experience of hundreds start-up
Government PAIN – Government is the biggest problem in today’s business for middle class businessman. For middle class businessman they still suffered from demonetization so government is one of the main face of pain in business.
Customer PAIN – The best form of sales is “ACTIVE LISTENING” when you are engaged in what the customer is telling you and please resist the temptation to cut off the customer with a story of your own.
So just think and be aware for “IS YOUR BUSINESS RUNNING YOU OR YOU RUNNING YOUR BUSINESS”
“A SATISFIED CUSTOMER IS THE BEST BUSINESS STRATEGY OF ALL”