Entrepreneurs, Thinking Of Starting A New Business – Making That Leap From Your Comfort Zone
Entrepreneurs, Thinking Of Starting A New Business – Making That Leap From Your Comfort Zone
Financial Stability: Starting a business means a lot of expenditure with little income to start with. This can be very frightening and you need to ensure that you have planned for the potential problems.
Time: Set yourself a reasonable time – say 6 months to a year to make the transition from employee to entrepreneur. Stick to this time frame. This gives you something to aim for and enables you to plan!
Planning: Plan how you are going to make your transition and what you expect to achieve each year.
Targets: Targets keep you motivated and encourage you to keep to your plans. Set yourself the target of obtaining 3 new clients within 2 months and then 1 client for each month after that.
Decisions: Build in when you will make each key decision. These will include what services and products you will be selling, to whom and at what price. You also need to decide what will make your company so special that people will buy from you rather than your competitors.
Marketing: Decide what your marketing strategy – that is where you are going to find your customers and persuade them to buy from you.
Turnover: Once you have done all this, you need to work out what your break even point is. How many customers do you need to pay your bills and make all the work worthwhile? When will you reach this point and can you survive until this time?
Caution: Please be sure that you can succeed and that this is what you really want to do, before you give in your nice safe paying job. Good luck.
Entrepreneurs Thinking Of Starting A New Business Making That Leap From Your Comfort Zone - To learn more about this author, visit Lee Lister's Website.
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To many people, starting their own business is a dream – so how do you move from your dream to reality? Making the move from your regular job with the regular income is a big step. Have you really thought this through? Do you really understand all the changes that you will need to make? Let’s examine how to make the journey as safe and quick as possible.
Financial Stability: Starting a business means a lot of expenditure with little income to start with. This can be very frightening and you need to ensure that you have planned for the potential problems.
Time: Set yourself a reasonable time – say 6 months to a year to make the transition from employee to entrepreneur. Stick to this time frame. This gives you something to aim for and enables you to plan!
Planning: Plan how you are going to make your transition and what you expect to achieve each year.
Targets: Targets keep you motivated and encourage you to keep to your plans. Set yourself the target of obtaining 3 new clients within 2 months and then 1 client for each month after that.
Decisions: Build in when you will make each key decision. These will include what services and products you will be selling, to whom and at what price. You also need to decide what will make your company so special that people will buy from you rather than your competitors.
Marketing: Decide what your marketing strategy – that is where you are going to find your customers and persuade them to buy from you.
Turnover: Once you have done all this, you need to work out what your break even point is. How many customers do you need to pay your bills and make all the work worthwhile? When will you reach this point and can you survive until this time?
Caution: Please be sure that you can succeed and that this is what you really want to do, before you give in your nice safe paying job. Good luck.
Entrepreneurs Thinking Of Starting A New Business Making That Leap From Your Comfort Zone - To learn more about this author, visit Lee Lister's Website.
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson'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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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig'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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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Joe DagerJoe Dager is President of Business901, a progressive coaching company providing no-nonsense direction in areas such as Lean Six Sigma Marketing and organized referral marketing. What others say: In the past 20 years, Joe and I have collaborated on many difficult issues. Joe’s ability to combine his expertise with “out of the box” thinking is unsurpassed. He has always delivered quickly, cost effectively and with ingenuity. A brilliant mind that is always a pleasure to work with.” - James R. If you want to learn more about Business901, start a conversation with us. We can be found @ Web/Blog: Business901.com Web/Blog: FundingYourNonprofit.com LinkedIn Profile Follow me on Twitter - Visit Joe Dager's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson'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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