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In most cases, it is quite simple to start your business from the very beginning. When a business starts from absolute zero, it often resembles a simple job. However, you…

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How to start earning your head

The Russian market for innovative development does not stand still. Already in recent years, it began to grow rapidly and develop, in contrast to last year. With the help of innovations, many of us will be able to capitalize on a great idea, if we only competently promote it and bring it to life.

The development trend of a startup in America is much higher than in Russia. Many of today’s successful American organizations started with a startup. High-level innovative technologies have long been formed in the West; there are many mechanisms for their development and improvement.

Also, there prevails a certain level of culture of innovative business. The management of these industries in America is actively supporting and financing innovative businesses.

In Russia, the situation is completely different. Novice entrepreneurs do not know where to find startup sources in Russia. Abroad, there is the development of private investors who do not spare their own finances for the development of small and medium-sized businesses. There are only a few such people in Russia. While in Russia there are only business development programs that are aimed at training novice specialists, training takes place also abroad.

How to start earning your head

In Russia there is a fund that deals with startups. His responsibilities include training specialists, attracting additional investors, as well as investing his own assets in business development. At the moment, the management of the fund says that first-class entrepreneurs come out of its walls, who know exactly what business they will do in life. The fund stimulates this development, and also ensures that the invested funds pay off. At the moment, the payback is back on track. The fund plans to further develop and open new branches throughout Russia. The founders of the fund plan to bring the startup to an international level. That is, so that the resulting companies in the long term are bought by more successful foreign companies.

There are several recommendations that fund managers give to novice entrepreneurs. It is necessary to reconsider the need for a business plan, which has become an integral part of any starting business in Russia. A business plan reflects potential prospects, while you need to think and act in real time. A business plan is a controversial measure for business development, as it is always either too optimistic or too unrealistic.

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