Conversation – 3

In this English Conversation, Karan wants to start his own business but lacks confidence. His friend Rohit motivates him.

Karan: Rohit, I am thinking of starting my own business.

Rohit: Wow! That’s a great idea. What’s the plan?

Karan: That’s the problem. I don’t know how to start.

Rohit: First, research your business idea. Understanding what is in demand in the market is very important.

Karan: Yes, but how should I do market research?

Rohit: Use social media, surveys, and competitor analysis. This will help you understand what people want.

Karan: And what should I do for funding?

Rohit: You can apply for bank loans, investors, or startup grants.

Karan: But how do I find investors?

Rohit: Create a profile on platforms like LinkedIn and AngelList. Attend networking events.

Karan: And how should I create a business plan?

Rohit: Prepare a clear vision, mission statement, target market, marketing strategy, and financial plan.

Karan: Should I also look for a mentor?

Rohit: Yes, an experienced mentor can guide you in the right direction.

Karan: I think I am ready to start now.

Rohit: That’s what I wanted to hear! Work hard and never give up.

Karan: Thank you, Rohit! Your advice was very helpful.

Rohit: No problem, my friend! Your success is my happiness.

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