Top 10 Tips for Aspiring Entrepreneurs
Top 10 Tips for Aspiring Entrepreneurs
2. The hardest part is starting. Once you put your toe in the water, you’ll find that you’re knee-deep in your dream. I know many friends who have ideas but are afraid to pursue them because they fear that they might fail. Start by taking small steps such as doing research on the subject, or talking with people about your idea. The goal is to start developing momentum.
3. Don’t be afraid to talk about your idea with other people to get feedback. Many people are afraid that someone will steal their idea. But the risk of not launching your idea due to lack of momentum is greater than the risk of someone else stealing it.
4. If you’re developing a product, pay meticulous attention to every aspect of your product’s quality and whether it truly meets a consumer need. You can have a great marketing campaign, but if customers don’t like the product, you won’t be successful in the long run.
5. Go to the Small Business Administration’s website to find a business plan template. Writing a business plan is essential because it makes you think about how you will market your product or service. It’s also essential to write the business plan before asking for funds from a bank or any other source.
6. Be wary of borrowing money from friends and family. If you need to do this, use an attorney to add structure to the deal so that everyone understands the terms.
7. Develop a relationship with a banker early on. Walk in with a business plan, and cash flow projections showing exactly how much cash you’ll need to borrow. Never wait to meet with a banker until you’re out of money or else you’ll be in a position of weakness.
8. Test out your sales pitch on people who aren’t critical to the success of your business. For example, sell to a small store before you attempt to sell to a large store, so you can hear what their issues are, and you can adjust your pitch.
9. Being persistent is more than half of the battle. You have to be willing to knock your head against the wall ten times or more for every time that a door will open.
10. Think of what your business will look like when it’s a huge success. If you can imagine it, you’re closer to making it happen.
Top 10 Tips for Aspiring Entrepreneurs - To learn more about this author, visit Maia Haag's Website.
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1. If you’re searching for an idea, start by thinking about your strengths, hobbies, or anything that you know a lot about. You’re more likely to be successful if you develop a product that’s based on your knowledge and passion for a certain subject.
2. The hardest part is starting. Once you put your toe in the water, you’ll find that you’re knee-deep in your dream. I know many friends who have ideas but are afraid to pursue them because they fear that they might fail. Start by taking small steps such as doing research on the subject, or talking with people about your idea. The goal is to start developing momentum.
3. Don’t be afraid to talk about your idea with other people to get feedback. Many people are afraid that someone will steal their idea. But the risk of not launching your idea due to lack of momentum is greater than the risk of someone else stealing it.
4. If you’re developing a product, pay meticulous attention to every aspect of your product’s quality and whether it truly meets a consumer need. You can have a great marketing campaign, but if customers don’t like the product, you won’t be successful in the long run.
5. Go to the Small Business Administration’s website to find a business plan template. Writing a business plan is essential because it makes you think about how you will market your product or service. It’s also essential to write the business plan before asking for funds from a bank or any other source.
6. Be wary of borrowing money from friends and family. If you need to do this, use an attorney to add structure to the deal so that everyone understands the terms.
7. Develop a relationship with a banker early on. Walk in with a business plan, and cash flow projections showing exactly how much cash you’ll need to borrow. Never wait to meet with a banker until you’re out of money or else you’ll be in a position of weakness.
8. Test out your sales pitch on people who aren’t critical to the success of your business. For example, sell to a small store before you attempt to sell to a large store, so you can hear what their issues are, and you can adjust your pitch.
9. Being persistent is more than half of the battle. You have to be willing to knock your head against the wall ten times or more for every time that a door will open.
10. Think of what your business will look like when it’s a huge success. If you can imagine it, you’re closer to making it happen.
Top 10 Tips for Aspiring Entrepreneurs - To learn more about this author, visit Maia Haag'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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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva'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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