Build and train x Youth for Education

What is the first step in starting a business according to the video?

• Creating a website

• Writing a business plan

• Finding a simple idea

• Hiring employees

What should you do to find out if people will pay for your idea?

• Ignore similar businesses

• Start selling immediately

• Ask friends and use social media

• Create a detailed business plan

Why is market research important?

• To see if people will pay for your idea

• To hire employees

• To find out if your idea is unique

• To create a business name

What should a simple business plan include?

• A marketing strategy

• Your idea, customers, and how to reach them

• A detailed financial report

• A list of competitors

What are some basic elements to set up for your business?

• A detailed financial plan

• A team of employees

• A large office space

• A business name, website, and social media