▶ Your Answer :
Some people think that lots of money or products are the key to success in a business, while others think lots of friends are most crucial. If I had to choose one, I would say that lots of friends are the most powerful factor when it comes to start a business. This is because we can get an advice of friends when we get in trouble in doing business and we can join with friend's business.
To begin with, many friends may have solutions when I meet the problem in the business. The reason is that if you have lots of friends, there might be someone who already experienced the problem. We all know that "Two heads are better than the one". For example, my father has worked for a trading company. He usually imported some clothes from Hongkong. However, thesedays he got in trouble of importing because there has been huge protest in Hongkong. Fortunately, one of his friends also was working for another trading company, he introduced other clothes company to my father. He finally solved the problem.
In addition, people can make a collaboration with their friends' business. Even if friends working for different businesses, they can make join in some process and this can reduce the opportunity cost. For example, my uncle opened a car reparing shop. Many customer came the shop to fix broken wheels in their cars. However the problem was that the price of wheels was expensive and making it was waymore expensive than buying it. Luckily, his friends worked for the company to manufacture the wheels. My uncle's shop and his friends company make the contract in the best conditions. Finally, my uncle could obtain the wheels with the better price than normal.
In a nutshell, friends can give good advice to people when they meet the problem in the business. Furthermore, friends can help directly people's business by joining some part of that. In this regard, lot of friends can not be overstimated in terms of starting business.
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