An undertaking, we all know, always begins with a significant expense . Personnel, product, marketing: these are the foundations of a building that is to come and that at the beginning, there is no other, they will always generate a significant initial expense. How, then, can entrepreneurship be carried out under these conditions? The solution is only one: reduce operating costs.
Save and stop spending, are they the same?
The venture begins, the investment is made, the coffers are undercapitalized and there is no time to receive income ... it is the most delicate stage of the venture. Then the captain of the ship decides to reduce expenses and sail with the minimum until reaching calm waters.
This even means to stop collecting your salary, even if you cannot stop paying your employees: an important sacrifice, yes, but also an act of wisdom that will pay off. Money is finite and time is crucial, and a good entrepreneur knows that he will pay off his personal debts when the business begins to bear its first fruits . Patience is on your side.
Learn to save money with these tips, minimizing your expenses to the maximum:
15 Steps to Save Money
1. Link price and hours of work. This way you will be able to determine what things are expensive and what are not, and in what you can afford an eventual expense, assuming the number of hours of free work that you will be throwing away. If you spend it, your business spends it.
2. Create a new consumption pattern . Come up with a phrase or slogan that summarizes your priorities as a consumer, which you can turn to in times of temptation to spend. If you are not in control yourself, who is going to have it?
3. Don't buy on impulse . Think about every purchase you make. Meditate on it, reflect on it, evaluate it.
4. Leave the cards at home . A classic. If you don't have them on you, you won't be tempted to spend. Credit, especially, can be treacherous.
5. Give up your online purchases . Lock the pages if necessary. The important thing is that you do not give in to the deception of thinking that by not leaving the house you will not spend any money.
6. Eat at home before you go out . Try to reduce your apparently innocuous purchases: a coffee here, a sandwich there, a soda on the way back ... if you take into account what you spend on those minor matters, you will see that at the end of the day they are not so much.
7. Choose your supermarket well . Not only because of their price range, which is the fundamental reason, but because they are designed to invite you to consume what you do not need. If you are going to buy the essentials, the necessary things, you may not need to get into that great chain of supermarkets with its wonderful offer of sweets ...
8. Start saving little by little . It is much better to start small and see how the figure accumulates, than to pretend to starve yourself all at once and put everything into savings.
9. He prefers high-denomination banknotes . It is proven that spending small amounts causes less emotional stress than spending larger bills, so if you always have a lot of change, you will spend it without realizing it, while a larger bill will last a little longer.
10. Don't take it as martyrdom . This is key. For your emotional good and that of yours, do not take it as a necessary suffering, but as a strategy. Otherwise you will make reparatory expenses that will sabotage the savings dynamics.
11. Plan expenses . Sometimes it is not how much you buy, but how often you buy it. Organize your shopping schedule.
12. Know your weaknesses . Don't expose yourself to temptation.
13. Think ahead . This will give you perspective for the needs of the present.
14. The rule of the month . If you wait a month and you are still determined to buy something, then you need it. If not, you will see that not.
15. Share your dreams . Talking about your project will encourage you and give you energy to save. Start at once, sharing this note with your social networks.
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