Ali Mayar, CEO of Platinum Rapid Funding Group, is a Featured Guest on Morning Health News

During the Interview, Ali Mayar Shared some Entrepreneurial Advice on what it Takes to Start Up a Business

LOS ANGELES, CA / ACCESSWIRE / October 5, 2015 / Ali Mayar, the CEO of Platinum Rapid Funding Group, was recently featured as a special guest on the Morning Health News website. During the interview, Mayar shared four key tips that entrepreneurs should consider before launching their startups.

This is not the first time that Ali Mayar has had the opportunity to help other entrepreneurs get started in the business world; as it notes in a recent press release, Mayar also shared similar insight during an interview with IdeaMensch.com. In addition, Ali Mayar was also featured in an interview on Inspirery.com, where he spoke about a variety of topics related to launching a new company.

In his interview with Morning Health News, which was transcribed in this article so people can read it in its entirety, Mayar said that while starting a new business can be exciting, it can also be challenging to get it up and running. With this in mind, Mayar suggested that budding entrepreneurs start by writing a business plan to help sharpen their vision.

Next, Mayar said, entrepreneurs should make an honest assessment of their skills and capabilities.

“You need to determine your primary skills, and truthfully work out what your weak points are,” Mayar said during the interview, adding that people should not be shy about asking their friends and loved ones for their thoughts and opinions.

“Will the business you are intending to start permit you to take full advantage of your strong points? The most effective business owners understand their weaknesses along with their strengths, and are in a position to look for outside assistance where they need it.”

The third tip Mayar offered centered on the importance of market research. As he pointed out during the interview, just because someone has something to sell, it does not mean others will want to buy it. Entrepreneurs should do their homework to determine what their ideal demographic will be, and to see if there is still room in the business market for their products and services.

Finally, Mayar said, entrepreneurs should not be afraid to fail.

“The road to entrepreneurship success can be quite bumpy and uncharted,” he said.

“It’s quite easy to get anxious or completely panicked, but you can’t allow fear to stop you from following a goal.”

About Ali Mayar:

Ali Mayar is a seasoned business professional who enjoys building brands and businesses he’s launched as much as helping other professionals build their own. For more on Mr. Mayar, follow him on IG: https://instagram.com/alimayar/

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SOURCE: Ali Mayar

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