young to business

[ad_business]

Hi all,

I am priya from singapore, a fresh computer science engineer and i am planning to start up a business.

I gathered lots of information about advertisement business(brochures, flyers,..).

Would any1 suggest me & share ur experiance?

What r the things i need to consider?

thanks in advence

regards,
priya

[Enigma121]

I assume that you are starting some form of software consultancy? It's clear to have a good idea of what you are looking to do and have a good idea on what your success criteria will be - establish your goal.

If this is the case, be aware that software engineering is moving into "phase two" adoption within society. This means that factors such as quality level, support, level of certification, standards applied are becoming much more important than they were perhaps 5 - 10 years ago.

I'd strongly suggest partenering with someone who shares diverse skills from yourself. Being a technical wizzkid is all very well (and one of the more expensive skills within the outfit), but in business you need financial, marketing and sales skills - together with hardnosed business attitude. You are unlikely to have all of these qualities in the right balance to make it a success on your own.

Consider a bit of freelancing, to get a flavour for what's involved. Start with small scale developments and work your way up.

Hope this advice is of some use...

[alistair72]

Hello Priya

Welcome to teneric, I am involved in advertising and promotions in the UK domestic market, where do you plan to operate and where will you be based. I am happy to share my research and experience with other professionals in the advertising and promotions sector.

All the best for the future

[ad_business]

Hi alistair72,

Thanks for ur reply but sorry for delay in my reply.

I am planning to set up in Singapore. Even i am also in dilemma whether to launch a advertisement based website or do a static one in Singapore. Because it is highly competitive.

regards,
priya

[dschutte]

Welcome Priya!

[outbuy]

Whatever you do, prepare a business and strategy plan before you start. There are lots of free business plan models on the web.

You need to definitely look at competition. You don't want to enter a market with too much competition unless you are SURE you can offer something different. You want little or no competition for you exact service/product in your area, or for web based business, anywhere if possible.