Starting a Business?
5 Critical Things You Should Consider Before you Start
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What I Covered in the Video
#POINT 1 - UNDERSTAND THE VALUE YOU HAVE TO OFFER
Understand Your Gift - The thing that you are the best in the world at doing
Understand Your Passion - The thing you are willing to endure extreme pain, blood sweat and tears to achieve
Understand Your Expertise - What have you learned over time, formal or informal
Understand Your Resources - What resources are available to you
#POINT 2 - LOCATE YOUR COMMERCIAL SWEET SPOT - this will show you which space you can operate or where you can offer a product offering that will generate income.
#POINT 3 - WHERE IS THE PROBLEM THAT YOU CAN SOLVE?
Define your business around a problem, not around a product or service
#POINT 4 - WHO ELSE HAS THE PROBLEM
Find consumers and other people who have this problem? What are their pain points, what are the challenges? What are their demographics?
#POINT 5 - CREATE A VALUE OFFERING
We are going to produce one service offering to start with, start with one stream of income before diversifying to multiple streams of income. We need to concentrate and consolidate so we can build capacity and competence.
This is just the foundation to help you create a winning business idea, now we have to start and structure the business
In the Business StartUp Program, you will learn how to
Accelerate that business idea and make it a reality
Determine your ideal customers and know how to quickly identify them
Create a product offering that your consumers actually want and start buying
Create a workable practical business model and plan
Quickly get a viable business up and running so you can start selling
Save time and money and actually earn income fast!
No previous business experience is necessary
Everything is simple to understand and easy to implement
Realise those dreams of being a successful entrepreneur