Entrepreneurs – You’ve Decided To Build Your Business In Your Spare Time – What’s Your Plan?
Entrepreneurs – You’ve Decided To Build Your Business In Your Spare Time – What’s Your Plan?
Well you build up your business in your spare time. In some ways this is better, because you are doing all the hard work of building a great business foundation whilst still paying your bills. The downside is that it cuts into your family and leisure time. So here’s a suggestion of how to do it:
1) Decide how much time a week or month you want to spend on your new business and block specific times out on your calendar. Get your families agreement to let you devote this time to your biz and keep to it. Self discipline and splitting your business/family time is an important skill to learn.
2) Decide the kind of business you want and what kind of things/services you want to sell.
3) Do thorough research on your potential market and who might want to buy your products/services. Join some forums and start talking about your products and see what kind of reaction you get.
4) Decide your branding and how you want your business to be perceived by your customers and peers.
5) Decide your product range and your pricing strategy.
6) Start some initial marketing and start to get your company name recognized.
7) Start selling some of your products/services and see how they are received. Gradually build up sales.
8) Write your business plan and start looking for financing for what is a well planned and researched business that is starting to make sales.
As you can see you have done an enormous amount of work whilst still paying the bills and you have a great foundation for your new business.
Entrepreneurs Youve Decided To Build Your Business In Your Spare Time Whats Your Plan - To learn more about this author, visit Lee Lister's Website.
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You’ve got a great business idea, and are keen to get started on your new business, BUT you’ve also got a family, mortgage and other commitments. How do you get your new business running but still pay the bills and see the family and friends?
Well you build up your business in your spare time. In some ways this is better, because you are doing all the hard work of building a great business foundation whilst still paying your bills. The downside is that it cuts into your family and leisure time. So here’s a suggestion of how to do it:
1) Decide how much time a week or month you want to spend on your new business and block specific times out on your calendar. Get your families agreement to let you devote this time to your biz and keep to it. Self discipline and splitting your business/family time is an important skill to learn.
2) Decide the kind of business you want and what kind of things/services you want to sell.
3) Do thorough research on your potential market and who might want to buy your products/services. Join some forums and start talking about your products and see what kind of reaction you get.
4) Decide your branding and how you want your business to be perceived by your customers and peers.
5) Decide your product range and your pricing strategy.
6) Start some initial marketing and start to get your company name recognized.
7) Start selling some of your products/services and see how they are received. Gradually build up sales.
8) Write your business plan and start looking for financing for what is a well planned and researched business that is starting to make sales.
As you can see you have done an enormous amount of work whilst still paying the bills and you have a great foundation for your new business.
Entrepreneurs Youve Decided To Build Your Business In Your Spare Time Whats Your Plan - To learn more about this author, visit Lee Lister's Website.
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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I've created this section on my site to share some of the incredible tools that I've used to build my business. I hope you too can benefit from them and look forward to hearing your feedback on the reviews! - Visit Evan Carmichael's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Dianne CramptonDianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here. Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009. Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010. To receive publishing discounts, subscribe to the free TigerTracks Newsletter here. - Visit Dianne Crampton's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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