Challenges a new entrepreneur faces and EJDalius’s take on it

Being a new entrepreneur means you have to be prepared to face several challenges. Right from the time you conceive an idea to the time you give final shape to it, it involves thorough planning, calculation, preparations, working out a plan. It will help you enjoy a competitive edge over others, and the more you prepare, the more you prepare, the less it seems. Although, it is a painstaking process in the initial stages, when you finally reap the plentiful benefits, it is a gratifying feeling that you cannot explain.

What are the main challenges entrepreneurs face today? According to Eric J Dalius

Check out a few of the most common adversities that business entities face in the paragraphs that follow: –

  1. Credibility – It is one of the adverse aspects that an entrepreneur has to combat with. This holds true, especially if you are a new start-up. We often see that you tend to lose out on assignments and projects that you could have won during bidding if you do not have adequate experience or hands-on expertise on specific projects.

However, you cannot build credibility overnight. You have to gather experience and hands-on training on projects in your niche area before you become visible and earn accolades for your work. For established businesses, you have to strive hard to maintain the position or the track record that you are already holding.

  1. Financial aid –If you are a start-up or a small-sized business entity, financial aid is something that often causes hiccup. However, if you are a student pursuing the curriculum in marketing or entrepreneurship, EJ Dalius could come to your assistance as his foundation extends financial aid to students studying marketing or entrepreneurship as major.

You can approach investors that readily extend monetary support if your business proposal seems lucrative enough. For this, you have to work out a thorough business proposition and assess the total expenses as a whole before approaching it. Opting for business loans can be another option provided the rate of interest seems feasible.

  1. Forming a customer-base – It is one of the most crucial challenges you face as an entrepreneur. Also, if your products are ready but you do not have takers, it makes no sense in investing money. So, marketing is a vital parameter when it comes to assessing the health of your business.

You have to keep aside a considerable amount of money for your marketing campaigns, whether virtual or from brick and mortar offices.

  1. Stress and doubts – Starting a business or running an already established business is not a child’s play. You suffer from self-doubt, anxiety, and apprehensions. However, to be successful, you have to do away with all the negativities that haunt your mind.

In a nutshell, every problem has a solution, and when you have experts like Eric Dalius to guide and extend help, you can expect fewer hassles on the way.

The future is not bleak: EJDalius on future of business following COVID-19 crisis

The coronavirus pandemic is one of the worst crises to have hit the modern world. Most of the nations, leading, developing no bar, are under the vice-like grip of businesses faltering and failing, social distancing, and a lack of general trade in every sphere and walk of life.

 

In such a scenario, most entrepreneurs and investors are worried and lost in thought regarding what comes next. One school of thought is to wait it out and let the pandemic tide over. Waiting for normalcy to resume means you will see little to no profit, and this, in turn, might spell doom for your venture.

 

So, according to an industry insider, EJ Dalius, here are a few well-chosen tips to strategize your marketing depending on the situation to tide over the problem in a better way.

 

Special offers are for times like these suggests Eric Dalius

 

This is an uncertain period for the entire world. Jobs have gone down, and unemployment is on the rise. Every day, a new nation is added to the list of the “facing-economic-downturn.” Strictly speaking business, it has always been about recognizing opportunities to make money. But now it is more about giving back to society. This is the time to create special offers and discounts so that your customer engagement remains top-notch. It will keep you afloat with a steady income stream solely through social media and advertising.

 

The importance of local SEO

 

According to Eric JDalius,local SEO has become all the more relevant in this day and age. It is all about social distancing, and commuting to and fro for essentials is a strict no. That is the main reason why most customers are looking for nearby locations to pick up food and other delivery items. Every search is getting tagged with a “near me” on Google. It is why local SEO, online reputation management, or ORM, along with various positive reviews, are the game changer when looking to launch a product or ad campaign.

 

Keep the business fluid along with the flow of information

 

It goes without saying that the situation is a fluid one, and developments are happening all around the world at the same time. It is why your venture must be fluid as well. For example, even though the restaurant business has taken a hit, eatery chains can still stay afloat by going for the delivery business. Yes, you will need to lay the groundwork for branching out, but in the long run, it will become beneficial for you as the world slowly returns to the state of normalcy.

 

Avoid panic moves

 

Panic and mass hysteria are two vices that should never affect you as an entrepreneur. Even if the people around you have fallen prey to mania, it is vital to keep your cool and analyze data before planning the next move. Knee jerk reactions seldom solve any crisis rather than worsen the condition.

 

Keep in mind that even if the economic growth slows down, there is no indication that it is stopping. People are still going to need products and services.

Dalius Regulatory Update

Los Angeles, CA

September 29, 2019

Eric J. “EJ” Dalius continues to deny all allegations from the SEC complaint filing from October 2018 in relation to his Saivian businesses. In fact, the judge already denied the SEC their ex parte asset freeze filing. You can read the judges court order denial here; SEC Denied.

Saivian LLC which was based in the US and voluntarily closed in July 2017 with the issuance of nearly $4 million dollars in refunds over two years ago. Saivian International Ltd which was based in Hong Kong and voluntarily closed the following month in August 2017. There have been no other or anticipated court actions against Dalius personally or either company.

The last regulatory challenge from all the way back in 2003 for Dalius actually ended in an exoneration. Here are the exoneration court filings; Dalius Exonerated. In April 2019 Dalius filed for a case dismissal in regards to the October 2018 SEC filing. Here is the dismissal court filing; Dalius Dismissal. Then on September 12, 2019 the judge had successfully dismissed multiple counts.

Eric Dalius is committed to vigorously proclaim and defend if necessary in court that he had successfully operated a regulatory compliant business. According to Dalius, “I have spent over 25 years and millions of dollars to be compliant with regulators which I have proven before and will do again.”

Eric Dalius Attends Invest Asia 2019

twitter.com/ericdalius/status/1175789035954024448

Yahoo Finance: Philanthropist Eric J. Dalius Offers Financial Support for Students Seeking Post-Secondary Education

Philanthropist Eric J. Dalius Offers Financial Support for Students Seeking Post-Secondary Education
— Read on www.google.com/amp/s/finance.yahoo.com/amphtml/news/philanthropist-eric-j-dalius-offers-131700682.html

Eric Dalius – Founder of Eric J. Dalius Foundation

Eric Dalius is the Founder of Eric J. Dalius Foundation.
— Read on ideamensch.com/eric-dalius/

Eric Dalius Explains How Digital Marketing Influenced the 2016 Election and Will Again in 2020 – EconoTimes

Eric Dalius Explains How Digital Marketing Influenced the 2016 Election and Will Again in 2020 – EconoTimes
— Read on www.econotimes.com/Eric-Dalius-Explains-How-Digital-Marketing-Influenced-the-2016-Election-and-Will-Again-in-2020-1561105