Imagine an infant baby who just came out of his mother’s womb and saw the light of this world, how fragile, small, tender, and vulnerable he looks.
The same infant now grows up to become a man with broad shoulders, deep voice, and masculine figure drawing preying eyes from the females. He is now a man; it’s the reality of life…
One of the greatest mistakes folks make is to look down on little beginnings, forgetting that life is a phase, and in all phases change is inevitable. Just the same way we grow older is the same way our thoughts, ideas, business, and riches should also increase.
I have always learned not to despise an ambitious man, a man with so many ideas, dreams, motivation, positive energy, and aspiration.
“A wise man with a bank full of ideas is better than a rich fool.”
This article is dedicated to all the young vibrant entrepreneurs and potential business moguls out there. The sky is your starting point and, your success will surely come, just be patient and keep believing in your dreams.
When I embarked on my dream of becoming a successful blogger, I had all manner of obstacles, fist I faced the greatest dream killer ‘procrastination’. Also, there was the problem of criticism both from peer groups who thought they were better than me.
Yet in all my advisory this phrase kept me going, “start small and grow big in business”, so I pushed on and overcame all obstacles.
You must realize that any project, dream(s), or aspiration without challenges is not worthwhile. It is the challenges, hurdles, setbacks that make the story worth telling.
The principle of “starting small and growing big” was so widely used by large business empires and big names to reckon with including the world’s richest man Bill Gates. I still refer to him as the world’s richest even though statistics have it that his ranking dropped recently.
Considering his attitude of giving to humanity and all the foundations he donates to, I’m sure if those presumed to be richer than him were donating a quarter of what he donates, they wouldn’t be ranking in the hierarchy.
Moving on I will be sharing five (5) Principles on how to, “Start Small and Grow Big in Business.“
Start with what you have
You must realize that before you conceive any business idea or plan, there is something already on the ground for you to start with. Assuming your business idea is to start a laundry just as in the case of my friend Jacob, which was a story I shared on my personal blog when I wrote on “You Don’t Need Money to Start a Business, You Need the Will”. There I spoke on his challenges in starting a laundry business.
If you have the time, you can check that article out on my personal blog, its thoughts provoking.
The first thing people think of when a business plan comes to mind is finance. Yes, finance is paramount, yet there are businesses you can start with what you have, just like laundry for example.
You can refer to my article on 10 SOLID BUSINESSES YOU CAN START IN YOUR LIVING ROOM WITH LITTLE OR NO INCOMEon my personal blog in case you’re thinking of a business you can start right now.
You don’t need to rent a shop or buy expensive gadgets to run a laundry business. You can start with what you have, right from the comfort of your house, all you need is create a space in your room, get a table, and an iron.
My point here is that you can start with the little you have and then grow big, no need to start applying for a big loan and seek financial help. You can always expand your business anytime when patronage comes. This takes me to the second point.
Expand Your Business After Building Clientele
People often make the mistake of investing so much money in a business they haven’t gotten clients or patronage. Assuming you rent a laundry shop with 150k and use 350k to get all the gadgets and pimp the shop then at the end of the month you don’t get patronage, then what happens? You’ll fold up in no time defiantly.
This is the more reason why it is advised to start small and grow big.
When you start big, there is a tendency that you might end small or even fold up, it’s business, you are not promised automatic success. Some business takes time before it picks up, it’s wiser to start small and expand as you grow.
Build a clientele of loyal customers, before expanding your business.
Work with Like Minds
I belong to a school of thought that says “never tell your dreams to anyone except they are like minds”, yes if you must succeed, you must learn to concede your dreams and plans.
Some friends or associates are dream killers; you have to be very mindful of who you tell your plans. Only work with people that belief in your ideology or line of interest.
Have a Mentor
The act of mentorship and having a mentor has helped great businessmen grow their business in grand style.
A mentor is someone you look up to and what to be like or better than in the nearest future. Having a business mentor helps you shape your path as you tend to follow the steps of your mentor.
It also helps you avoid the mistakes your mentor made while growing their business enterprise. In starting small and growing big, it is paramount to fashion your business ideology inline with a mentor.
Expect Challenges and Failures
While starting small and growing big, you have to anticipate the unexpected, most business empire were not built on a platter of gold, they were challenges and hurdles along the way.
Some even failed and had to start all over again, you must have in mind that failure has its purpose, so while undertaking that business, have in mind that something might come up and you should be prepared to handle it.
On my personal blog, I told a story of a friend who made fortune from the poultry business, when I wrote on DO YOU KNOW POULTRY FARMING CAN CHANGE YOU ENTIRE FINANCE? Well, what I didn’t mention in that story was the challenges my friend had when he started, and how he lost half of his birds to diseases.
This didn’t make him quit, he kept pushing and today, he is a force to reckon with in the poultry business, people come to consult him.
That’s the spirit, when you fail; it’s another chance to do it better.
I hope these points made you understand the act of “start small, act now and grow big”, do share this article with someone, and help build the community by following me.