Starting a business
Out of context: Reply #9
- Started
- Last post
- 9 Responses
- formed3
Here's what you need to determine:
1. Do you want to DO or DESIGN? OR do you want to have a business that DOES or DESIGNS. As a business owner, you'll be looking for ways to delegate so you can run the business.
2. Do you want a partner? Investors? How are you going to start? How are you going to ride out periods of no work?
Write that business plan. There are easy templates out there, it's not hard and remarkable how few do it (including myself, I've learned a lot having my business for 15 years now).
Determine budgets. Don't "wing" spending on AdWords or other costly things.Goals. Write them down. Financially, creatively, etc., and think what it will take to reach them. Want a $100k? $1m? How/what do you need to make that happen (hint: you'll need people/teams, processes, etc.).
Read. Read and read and read, you can never read enough inspirational business books. There is ALWAYS something to learn.
Coaches and Mastermind groups. Find a mm group and think about a coach. Neither are cheap, but both can be invaluable. If you can find a Mentor even better, but that's a luxury most of us don't have.
If you are in the US look at the Small Business Development Center. They give free advice and counseling. They also have TONS of good courses, networking, etc.
Read