Conversation – 7
| In this English Conversation, Ananya wants to become an entrepreneur but is unsure how to start. Her mentor Mr. Sharma provides detailed guidance. |
Ananya: Sir, I want to start my own business, but I don’t know where to begin.
Sharma: That’s a great idea, Ananya. First, you need to decide on your business idea.
Ananya: I am very interested in fashion. I want to start an online clothing store.
Sharma: Good! First, you should conduct market research. Understand your target audience and trends.
Ananya: How should I do market research?
Sharma: Use social media platforms and Google Trends. Also, analyze competitors.
Ananya: Should I make a business plan?
Sharma: Absolutely! A strong business plan should include market analysis, product details, financial plan, and marketing strategy.
Ananya: What should I do for funding?
Sharma: You can get funding from bank loans, angel investors, or crowdfunding platforms.
Ananya: Should I focus on branding too?
Sharma: Yes, a unique brand name, logo, and social media presence will help build your identity.
Ananya: Thank you, Sir! I am feeling very motivated now.
Sharma: Best of luck, Ananya! Ask me if you need any more help.