{"id":1649,"date":"2021-03-01T23:12:35","date_gmt":"2021-03-01T23:12:35","guid":{"rendered":"https:\/\/synergy-porto.com\/?p=1649"},"modified":"2021-03-01T23:12:37","modified_gmt":"2021-03-01T23:12:37","slug":"como-nao-comecar-um-negocio","status":"publish","type":"post","link":"https:\/\/synergy-porto.com\/en\/2021\/03\/01\/como-nao-comecar-um-negocio\/","title":{"rendered":"How not to start a business"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-1024x538.jpg\" alt=\"negocio\" class=\"wp-image-1651\" srcset=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-1024x538.jpg 1024w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-300x158.jpg 300w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-768x403.jpg 768w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-32x17.jpg 32w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-100x53.jpg 100w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-250x131.jpg 250w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1-500x263.jpg 500w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/02\/mika-baumeister-Y_LgXwQEx2c-unsplash-1-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The decision to start a business is often associated with excitement and fear. Let\u2019s finally put our idea into practice! What if it doesn\u2019t go right? What if it goes too well and we don\u2019t even notice it? What really needs to be done and what should come first?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The way many people start a business<\/h2>\n\n\n\n<p>There are plenty of questions and we always tend to think first of the practical, visible, and concrete aspects. We want to open a clothing store: what will be the name of it? The logo? Let\u2019s create social media accounts and start selling. Or let\u2019s look for a store to rent and suppliers to sell us the clothes. We register the enterprise at the tax office and that\u2019s it. We are going to have an online clothing store or brick-and-mortar. Family and friends get excited about the opening and the first few weeks go well, and then... nothing.<\/p>\n\n\n\n<p>We went through exactly that in 2008 when Helder decided to open a computer store. He had a degree in Computer Systems Technician, as he had already worked at FNAC in the IT department, and had a free space available to open the store to the public. He figured he had nothing to lose but time. And, at 19 years of age, he had plenty of that.<\/p>\n\n\n\n<p>Frustrated with the service provided by his local computer store, Helder decided to start his own, one that would provide a better service. In his opinion, all that was needed was a name, a logo, a website, and suppliers with fast delivery, so that he wouldn\u2019t have to invest in stock. He opened the store, had a few customers and, after a short time, it closed. What went wrong?<\/p>\n\n\n\n<p><strong>At first glance, the business had many points in its favor.<\/strong> Helder had training in the field, professional experience as an employee, identified a gap in the market, used existing resources, and started with the Minimum Viable Product \u2013 the space he had and an online store, all without stock.&nbsp;<\/p>\n\n\n\n<p>However, when we analyze in detail, we see that he got carried away in the typical hurry of someone who wants to start a business. He did what most people do: he started with the name, logo, and website, instead of starting with what really matters.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">And, after all, how do you start a business?<\/h2>\n\n\n\n<p>Helder should have started by understanding the essence of the business. That is, understand the real reason for wanting to have a computer store, what problem the public wanted to solve, and how he, with his traits, experience, and personality, could differentiate his business in the market. And, by knowing this, the motivation to have that business would become much clearer, and whether this was the right kind of business for him, and what that computer store should necessarily have, even in an initial test version, because that would be the essence of it.&nbsp;<\/p>\n\n\n\n<p>As he didn\u2019t have this, Helder gave up when the first obstacles popped up, instead of finding a way to keep the business at its core, changing whatever was necessary. When he realized that not having stock made it necessary to update the prices of all the products daily due to price variations from suppliers, that some of the products were more expensive at the supplier than in a large store (which bought in bulk), and that his little profit margin was vanishing, turning into a loss every time he had to repair or send a product for warranty, Helder lost his reason to continue.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Start with the business\u2019s essence \u2013 the mission and why YOU want to have THAT business<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-1024x682.jpg\" alt=\"missao\" class=\"wp-image-1664\" srcset=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-1024x682.jpg 1024w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-300x200.jpg 300w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-768x512.jpg 768w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-32x21.jpg 32w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-100x67.jpg 100w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-250x167.jpg 250w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-500x333.jpg 500w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280-260x173.jpg 260w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/business-idea-3683781_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image by <a href=\"https:\/\/pixabay.com\/pt\/users\/geralt-9301\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=3683781\">Gerd Altmann<\/a> por <a href=\"https:\/\/pixabay.com\/pt\/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=3683781\">Pixabay<\/a><\/figcaption><\/figure>\n\n\n\n<p>Not having a well-defined motivation and mission makes people give up more easily when obstacles appear. And obstacles always show up. There\u2019s also the risk that if the business is successful and grows too fast, people become \u201ctied down\u201d to enterprises that mean nothing to them and fuel their unhappiness.&nbsp;<\/p>\n\n\n\n<p>After knowing the essence of the business, you need to communicate it clearly, so that anyone can understand. You need to tell the idea to several different people, including suppliers, to get feedback. If Helder had done this, he might have immediately realized the problems of not having stock.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Benchmarking \u2013 Studying the competition<\/h2>\n\n\n\n<p>Although it may have seemed that Helder started his business because he was unhappy with the market\u2019s supply, he based it on his individual experience with a specific store.<\/p>\n\n\n\n<p>To understand how one can stand out in the market, we need to know that market and the specific characteristics of the competitors. That includes prices, types of services provided, communication, target audience, and service, to understand how each competitor stands out. Only then can we understand how we can use our unique knowledge, characteristics, and personality to make our business equally unique in some way.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Studying the target audience<\/h2>\n\n\n\n<p>Helder should have also studied his target audience and understood what their real problems were and how he could solve them. He based his entire business on his experience as a customer in a store and that isn\u2019t enough.<\/p>\n\n\n\n<p>Without knowing who the target audience is, a business cannot develop. Not even when it comes to creating the name, the logo, the website, and the social media accounts, because all of them must reflect the essence of the business and communicate directly with its target audience. It\u2019s possible to adjust things over time, of course! And that will happen possibly further along the company\u2019s journey. However, if not thought through early on, it can doom the business to premature failure, and the costs of rebranding (repositioning the brand to appeal to the right audience) can be too much for an early-stage business.<\/p>\n\n\n\n<p>Regarding the computer store example, one that\u2019s focused on teenagers who like to play computer games and edit videos and photos, it\u2019s necessary to communicate and offer very different products in comparison to a store focused on businessmen who prefer elegant environments, high-end computers, and phones, with a clean and innovative design. Creating a computer store focused on one or the other of these audiences literally changes everything! The name, the logo, the design of the online and physical stores, the products to sell, the suppliers to contact, and the language to use in communication. Everything!<\/p>\n\n\n\n<p>The problems and needs of each audience are different and must be addressed in different ways. Otherwise, the business will have to be generalist to appeal to all audiences. The problem with a generalist business is that it needs to invest A LOT of money to capture customers and grow because it needs to communicate with many different audiences. If you don\u2019t have a lot of money, focus on a specific audience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Business model<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"680\" src=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-1024x680.jpg\" alt=\"\" class=\"wp-image-1661\" srcset=\"https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-1024x680.jpg 1024w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-300x199.jpg 300w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-768x510.jpg 768w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-32x21.jpg 32w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-100x66.jpg 100w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-250x166.jpg 250w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-500x332.jpg 500w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280-260x173.jpg 260w, https:\/\/synergy-porto.com\/wp-content\/uploads\/2021\/03\/ux-788002_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Photo by <a href=\"https:\/\/unsplash.com\/@alvarordesign?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Alvaro Reyes<\/a> on <a href=\"https:\/\/unsplash.com\/s\/photos\/business-plan?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n<p>Not only was there no thought given to the business\u2019s essence, nor to whether it was the right one for Helder, there was also no time invested in understanding how the business model would work. He thought about suppliers but did not forecast costs (which would have included travel and warranties) and profits. He didn\u2019t think about the target audience and where they were, or how to communicate with them. He also didn\u2019t think about the company\u2019s core activities to understand at the outset what its day-to-day operations would be like and how it would handle different things, for example guarantees. <\/p>\n\n\n\n<p>And this lack of planning can lead (in this case, it led) to the business\u2019s failure due to lack of customers, unforeseen costs (for example, funds for marketing and advertisements, travel, and basic material needed to make repairs in the store, which canceled out the entire profit margin), lack of a communication strategy, etc. This\u2019s why most entrepreneurs start in a hurry without knowing where they want to go.<\/p>\n\n\n\n<p>L\u00ea este <a href=\"https:\/\/synergy-porto.com\/en\/2019\/12\/17\/como-nao-concretizares-a-tua-ideia-em-4-passos\/\" class=\"rank-math-link\">artigo<\/a> que escrevemos sobre como n\u00e3o concretizares a tua ideia de neg\u00f3cio.<\/p>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>A decis\u00e3o de come\u00e7ar um neg\u00f3cio \u00e9 normalmente acompanhada por um misto de excita\u00e7\u00e3o e medo. Vamos finalmente p\u00f4r a nossa ideia em pr\u00e1tica! E se n\u00e3o correr bem? E se correr bem demais e n\u00e3o dermos conta? O que \u00e9 mesmo preciso fazer e o que se deve fazer primeiro? Como muitas pessoas come\u00e7am&#8230;<\/p>","protected":false},"author":1,"featured_media":1656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[192,67,88,1],"tags":[191,190,188,189],"class_list":["post-1649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-empreendedorismo-2","category-habitos","category-ideias-em-pratica","category-uncategorized","tag-empreendedorismo","tag-empreender","tag-negocio","tag-publico-alvo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Como n\u00e3o come\u00e7ar um neg\u00f3cio - Synergy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synergy-porto.com\/en\/2021\/03\/01\/como-nao-comecar-um-negocio\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Como n\u00e3o come\u00e7ar um neg\u00f3cio - Synergy\" \/>\n<meta property=\"og:description\" content=\"A decis\u00e3o de come\u00e7ar um neg\u00f3cio \u00e9 normalmente acompanhada por um misto de excita\u00e7\u00e3o e medo. 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