Why YOU should launch Microstartup?

There are multiple ways you can start experiencing your own startup with limited resources. This will further help to gain you a handsome experience to get to know about the ups and downs of doing business and dealing with the customers.

Here are some ideas that will surely help you get going in your initiatives. First, there is a need to understand how to start a micro business.

Is it be a micro or macro business, there is always a need to list down some important steps to follow. It is because launching a business requires a real-time investment of your money and time. So why not start with covering some basics to be efficient and effective in your initiative.

There are six basic steps you will require to cover for starting a micro business. These steps include:

Step 1: To identify and establish the mission & vision for your Microstartup

Step 2: To design detailed operation plans for your Microstartup

Step 3: Access and assess the financial needs for your Microstartup

Step 4: Organize things, resources, marketing plans, and services to offer

Step 5: Research and test the products or services you want to deliver

Step 6: Start selling your products services to the public.

Aside from these six basic steps, it is also important to have a good business strategy, develop a marketing plan and track your progress regularly. Experiencing all these will surely help in making your startup successful. However, be sure to never stop learning as this industry constantly evolves and changes so you can keep up-to-date with your skills and knowledge. And lastly, never give up. Even the most experienced business owners face challenges and setbacks during their journey to success. Stick with it and you will see your Microstartup grow!




PhD (SALU) MBA & BSBA (Quaid-e-Azam University, Islamabad) ✔Research Writer ✔Digital Content Creator, CEO 👉 Gofrixty.com & www.islamiceducation.pk

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

My 13 startup mistakes that you should avoid

“Know Your Worth” The 5 Lessons I Learned Being a 20-Something Founder

A Silicon Valley Pioneer Reveals His Entrepreneurial Secrets — Adriano Farano

4 Reasons To Launch Your Own Products | TrevorMcHaffie.com

5 Tips To Start A (Successful) Startup And Work Towards Your Dream

26-Year-Old Programmer Built a $1 Billion App In 2 Years — After Following His Girlfriend’s Advice

Kevin Systrom at Techcrunch Disrupt 2011. JD Lasica’s image


Startup Survival Tip #2: Always Have a Contingency Plan!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Sanaullah abro

Sanaullah abro

PhD (SALU) MBA & BSBA (Quaid-e-Azam University, Islamabad) ✔Research Writer ✔Digital Content Creator, CEO 👉 Gofrixty.com & www.islamiceducation.pk

More from Medium

Atlanta Founder Story: Candace Mitchell Harris, Founder of Myavana

The journey thus far… part 2: The Smart Contract

Fintech Cadence Announces Third Cohort of Their Financial Health Focused Startup Incubator

Our 2018 Guest ProGlove Makes ”Monster Exit” at around 500 m €  — Plans to Be The Next Teamviewer