LONDON, ENGLAND, September 07, 2011 /24-7PressRelease/ -- Josh Cote deems a strategic business approach essential for success. This week Josh Cote has considered the figures presented by the Global Entrepreneurship Monitor (GEM) show 3.3% of young adults aged 18-24 years are involved in entrepreneurial activity. Josh Cote an entrepreneur who started his first business at the young age of 25 in Boston, Massachusetts, USA. He has assisted many small business start-ups in recent years, in addition to his consulting with young entrepreneurs. Josh Cote recommends a considered approach to developing a business plan and ensuring a strong mentor with no personal attachment. 'Young entrepreneurs are very inspirational people to work with, they are ambitious and energized. One thing I believe is extremely important when lacking hands-on experience is being focused and having an advisor who can give you unbiased and constructive counsel or criticism. A strong focus and realistic view of what can be achieved will help build credibility' says Josh Cote.
Credibility is an essential and distinguishing attribute in business. Josh Cote spent many years building relationships and trust with industry partners. 'It's tough initially especially as a young person, all you want is someone to take a chance on you and trust that you will follow through with what you say you will. Building undisputed credibility can take time but I guarantee that being genuine in business will go a long way, the goal is to under-promise and over-deliver' adds Josh Cote.
Josh Cote counsels small business owners mostly who have started companies in the recent economic downfall and advises businesses launching during the recession that it can be a major advantage. Developing longevity and ensuring success in a new start-up can be difficult to predict but many industries have proven 'recession proof'. Online retail, outsourced sales, domestic tourism and consultancy have all established a reputation for continual growth through the credit crunch. 'Knowing whether your business idea is viable and that there is a market for it is an obvious first step but something that some young entrepreneurs seem to overlook. Looking at figures from the industry and analysing competitors to forecast accurately is another very important step' says Josh Cote.
Josh Cote since starting his first business over 11 years ago has taken and given much advice on building credibility, particularly within the outsourced sales industry. Josh Cote can endorse claims that business professionals look to trade with businesses and suppliers they trust based on relationships developed. Young entrepreneurs should put a lot of focus on gaining credibility to build a strong and successful business model.
Josh Cote a London based entrepreneur and company owner. http://www.eaworldwide.co.uk/
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