Starting a business from scratch can be a challenging but rewarding experience. To manage your business successfully, it's essential to begin by developing a comprehensive business plan. This plan should include your goals, target audience, products or services, marketing and sales strategies, and financial projections. It should serve as a roadmap for your business and help you stay on track as you work towards your goals.
As you launch your business, it's also important to stay organized and keep track of your finances. You may want to consider using accounting software or hiring an accountant to help you with this
But What are the most important factors to consider when starting a business from scratch, and how can entrepreneurs set themselves up for long-term success in today's competitive business landscape?"
On today's episode of Power Up with Manal, host Manal Keen sits down with Hamza Ali, Founder, and Chairman of Hamza Invests, to talk about how you identify and capitalize on new opportunities in your industry and what role does innovation play in your strategy? The two also discussed
1. How can businesses effectively manage their finances, even when it's difficult?
2. What are key strategies to build and manage a strong team to achieve its goals?
3. How can businesses stay up to date with the latest technology and leverage it to their advantage
4. What are some effective marketing and branding strategies that businesses can use to stand out?
"In building a solid team, I don't believe in doing so much at a time; sometimes, you might not see the light at the end of the tunnel; it depends on what you see and keeps moving. I don't think there was a time I faced hardship because I didn't stop working. I had the right mindset, and I kept going," Said Hamza
Hamza Ali is a real estate developer and investor based in Houston, Texas. He has over 16 years of experience as a developer, focusing primarily on industrial real estate. He founded Hamza Invests, a real estate fund that acquires and develops large industrial assets in the US.