Difference Between Direct Selling and Traditional Business @Directsellingsuccessguaranty
Summary
TLDRThe script discusses the importance of understanding different business models before starting a business. It contrasts traditional business, which often requires a storefront and significant initial investment, with direct selling, which is based on personal relationships and offers flexibility in work time and location. Both models have their risks and rewards, with traditional business facing market competition and inventory issues, while direct selling's success depends on personal effort and network growth. Ultimately, the best business model matches an individual's vision, work style, and willingness to take risks.
Takeaways
- 🚀 Starting a business is like embarking on an exciting journey, and understanding different business models is crucial as it impacts investment, workload, and success.
- 🏪 Traditional business models often require a physical storefront, leading to significant initial investments in rent, utilities, and staff.
- 📦 Traditional businesses deal with inventory management, which can be risky if products don't sell as expected, leading to losses.
- 🤝 Direct selling is based on personal relationships, where direct sellers connect with customers directly without intermediaries, often leveraging networks like friends, family, and online communities.
- 🏡 Direct selling offers flexibility, allowing individuals to decide when and where they work, without the need for a storefront or significant inventory.
- 💼 In direct selling, success depends on personal efforts, network expansion, and sales skills, rather than market competition and inventory issues.
- 💰 Both business models carry risks; traditional businesses face market competition and inventory challenges, while direct selling relies on personal efforts and network growth.
- ⏰ Direct selling provides more flexibility in terms of work hours and location, unlike traditional businesses which often have fixed schedules and locations.
- 💵 The earning potential in both models is unlimited, but the profit in traditional business depends on sales and expenses, while in direct selling it depends on sales volume and network size.
- 🔍 Choosing the right business model depends on personal preferences, goals, and whether one prefers relationship building, flexible work, or is willing to take on initial investment risks.
Q & A
What is the first step in starting a business according to the script?
-The first step in starting a business is understanding different business models.
Why is it important to understand business models before starting a business?
-Understanding business models is important because the chosen model impacts investment, workload, and the chances of success.
What are the common examples of traditional businesses mentioned in the script?
-Common examples of traditional businesses include a shop, restaurant, or store.
What are the initial investments required in traditional businesses?
-In traditional businesses, initial investments include rent, utility bills, and staff salaries.
How does inventory management work in traditional business models?
-Traditional businesses manage inventory by purchasing a lot of goods in the hope of selling them, which can lead to losses if the goods do not sell.
What is the nature of competition in traditional business models?
-Traditional businesses face high competition, needing to compete with both old and new businesses.
What is direct selling and how does it differ from traditional business?
-Direct selling is based on personal relationships where direct sellers connect with customers directly without intermediaries, often through networks like friends, family, and online communities.
How flexible is the work schedule in direct selling compared to traditional business?
-Direct selling offers more flexibility as you can decide your own work hours and work from anywhere.
What are the initial costs involved in starting a direct selling business?
-Starting a direct selling business is relatively easy and does not require significant initial investment like a storefront or large inventory.
How does the earning potential compare between traditional business and direct selling?
-Both models offer unlimited earning potential, but the profits in traditional business depend on sales and expenses, while in direct selling, it depends on personal sales and the growth of your network.
What factors should one consider when choosing between traditional business and direct selling?
-One should consider their personality, goals, preference for relationship building, flexibility in work, willingness to take risks, and initial investment capacity.
What is the best business model according to the script?
-The best business model is the one that matches your vision and work style, and there is no one-size-fits-all answer.
Outlines
🚀 Starting a Business: Understanding Business Models
The script discusses the importance of understanding different business models when starting a business, as the chosen model significantly impacts investment, workload, and chances of success. It introduces two models: Traditional Business and Direct Selling. In traditional business, there is often a need for a storefront, which involves rent, utilities, and staff, leading to significant initial investment. It also includes inventory management and faces competition from both old and new businesses, which can be risky. On the other hand, Direct Selling is based on personal relationships, with sellers connecting directly with customers without intermediaries, often leveraging networks, friends, family, and online communities. It offers flexibility in work time and location and does not require a storefront or large inventory, but success depends on personal efforts and network expansion.
Mindmap
Keywords
💡Business Model
💡Traditional Business
💡Direct Selling
💡Investment
💡Distribution
💡Risk
💡Flexibility
💡Earnings Potential
💡Personal Effort
💡Network
💡Comparison
Highlights
Starting a business requires understanding different business models.
Traditional business often requires a physical storefront, leading to higher initial investment in rent, utilities, and staff.
Traditional businesses deal with inventory management and the risk of unsold goods.
High competition is a challenge in traditional business, requiring businesses to compete with both old and new enterprises.
Direct selling is based on personal relationships and does not involve a middleman.
Direct sellers connect directly with customers, often through networks like friends, family, and online communities.
Direct selling offers flexibility, allowing individuals to decide their working hours and location.
There is no need for a storefront or large inventory in direct selling, reducing initial costs.
Success in direct selling depends on personal effort, network expansion, and sales skills.
Both traditional and direct selling models involve risks, but the nature of these risks differs.
Traditional business faces market competition and inventory issues, while direct selling's success relies on personal efforts and network growth.
Direct selling provides more flexibility in terms of working time and location compared to traditional business.
Earning potential in both models can be unlimited, but the factors affecting earnings differ.
Profit in traditional business depends on sales and expenses, while in direct selling it depends on the volume of sales and the size of the network.
The best business model matches an individual's vision and working style.
Research, explore, and make informed choices to determine the right business model.
Personality, goals, flexibility preference, risk tolerance, and initial investment capacity are factors to consider when choosing a business model.
Transcripts
बिजनेस शुरू कर रहे हैं वाह आप एक मजेदार
सफर पर निकलने वाले हैं पहला कदम अलग-अलग
बिजनेस मॉडल समझना यह बहुत जरूरी है क्यों
क्योंकि आप जो भी मॉडल चुनते हैं वो सब पर
असर डालता है आपके इन्वेस्टमेंट पर आपके
वर्क लोड पर आपकी सक्सेस के चांसेस पर दो
फेमस ऑप्शन ट्रेडिशनल बिजनेस और डायरेक्ट
सेलिंग आइए इन्ह समझते
हैं ट्रेडिशनल बिजनेस के बारे में सोचो तो
सबसे पहले क्या ख्याल आता है शायद कोई
दुकान कोई रेस्टोरेंट या कोई शॉप
ट्रेडिशनल बिजनेसेस को अक्सर एक स्टोर
फ्रंट की जरूरत होती है इसका मतलब है रेंट
बिजली पानी का बिल और
स्टाफ शुरू में काफी इन्वेस्टमेंट लगता है
ट्रेडिशनल बिजनेसेस इन्वेंटरी का काम भी
करते हैं वह बहुत सारा सामान खरीदते हैं
इस उम्मीद में कि वह बिक जाएगा अगर सामान
नहीं बिका तो नुकसान होता है कंपटीशन बहुत
ज्यादा होता है आपको पुराने और नए
बिजनेसेस से मुकाबला करना पड़ता है
ट्रेडिशनल बिजनेस थोड़ा रिस्की हो सकता है
लेकिन इसमें काफी फायदा भी हो स सकता
है डायरेक्ट सेलिंग अलग होता है यह पर्सनल
रिलेशनशिप्स पर बेस्ड होता है डायरेक्ट
सेलर्स कस्टमर से सीधे जुड़ते हैं कोई बीच
का आदमी नहीं होता वह नेटवर्क्स के जरिए
अपना प्रोडक्ट बेचते हैं जैसे कि दोस्तों
परिवार ऑनलाइन कम्युनिटीज डायरेक्ट सेलिंग
फ्लेक्सिबल होता है आप अपना काम करने का
समय खुद डिसाइड कर सकते हैं कहीं से भी
काम कर सकते हैं शुरुआत में ज्यादा पैसे
नहीं लगते आपको स्टो फ्रंट या बहुत सारा
इन्वेंटरी रखने की जरूरत नहीं होती लेकिन
डायरेक्ट सेलिंग में सक्सेस आपके ऊपर
डिपेंड करता है आपकी मेहनत पर आपके
नेटवर्क पर आपके बेचने के हुनर
पर सेक्शन फोर डायरेक्ट सेलिंग वर्सेस
ट्रेडिशनल
बिजनेस दोनों का कंपैरिजन
आइए इन दोनों मॉडल्स को आमने-सामने कंपेयर
करते हैं
इन्वेस्टमेंट ट्रेडिशनल बिजनेस में शुरू
में काफी इन्वेस्टमेंट की जरूरत होती है
डायरेक्ट सेलिंग में शुरुआत करना काफी
आसान होता
है
डिस्ट्रीब्यूशन ट्रेडिशनल बिजनेसेस अपनी
चीजें बेचने के लिए स्टोर फ्रंट्स या
ऑनलाइन प्लेटफॉर्म्स यूज करते हैं
डायरेक्ट सेलिंग में लोग अपने पर्सनल
नेटवर्क्स और कस्टमर से सीधे बात करके
चीजें बेचते हैं रिस्क दोनों मॉडल्स में
रिस्क होता है ट्रेडिशनल बिजनेसेस को
मार्केट कंपटीशन और इन्वेंटरी की
प्रॉब्लम्स का सामना करना पड़ता है
डायरेक्ट सेलिंग में सक्सेस आपके पर्सनल
एफर्ट्स और आपके नेटवर्क के बढ़ाने पर
डिपेंड करता है फ्लेक्सिबल
डायरेक्ट सेलिंग में आपको काम करने का समय
और जगह चूज करने की ज्यादा फ्लेक्सिबल
मिलती है ट्रेडिशनल बिजनेसेस में अक्सर
काम करने का समय और जगह फिक्स्ड होती है
अर्निंग पोटेंशियल दोनों ही मॉडल्स में आप
अनलिमिटेड कमाई कर सकते हैं ट्रेडिशनल
बिजनेसेस में आपका प्रॉफिट आपके सेल्स और
आपके खर्चों पर डिपेंड करता है डायरेक्ट
सेलिंग में
आपकी कमाई इस बात पर डिपेंड करती है कि आप
कितना बेचते हैं और आपका नेटवर्क कितना
बड़ा
है सेक्शन फाइ आपके लिए कौन सा रास्ता सही
है तो आपके लिए कौन सा मॉडल सही रहेगा यह
आपकी पर्सनालिटी पर डिपेंड करता है आपके
गोल्स पर क्या आपको लोगों से रिलेशनशिप्स
बनाना पसंद है क्या आपको अपने हिसाब से
काम करने की फ्लेक्सिबल पसंद है तो
डायरेक्ट सेलिंग आपके लिए अच्छा ऑप्शन हो
सकता है क्या आपको बड़े रिस्क लेने में
कोई प्रॉब्लम नहीं है क्या आपके पास शुरू
में इन्वेस्ट करने के लिए पैसे हैं तो
ट्रेडिशनल बिजनेस आपके लिए सही रास्ता हो
सकता है इसका कोई एक आंसर नहीं है सबसे
अच्छा बिजनेस मॉडल वह होता है जो आपके
विजन और आपके काम करने के तरीके से मैच
करता हो रिसर्च करो एक्सप्लोर करो और
समझदारी से चूज
करो कर सकते हैं
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