Starting Your New Business

Deciding to start your own new business can sometimes feel like a roller-coaster; overwhelming and scary at times, Born to Winbut for the most part, exhilarating. I suggest buckling up, screaming when it’s appropriate, and throwing your hands in the air. It’s an exciting adventure! Here are a few more steps to help make your business start-up a successful experience.

Get Inspired

No matter if you are selling products or services, all businesses have one thing in common: they start from an idea. You may have dreamed of starting your own business for years, or inspiration may have hit you unexpectedly. Regardless of the source, the first step of starting your own business is coming up with a business idea. What will your Brand be? Yourself? I recommend Branding Yourself, with a Tagline that briefly describes your product, service or dedication to your customers.

Mindset for Your Success

Mindset is so important when first getting started in your new business. You may stumble and fail at some things along the way so with the proper mindset and positive thinking you will be able to go back to the drawing table and tweak a few things to experiment what works best. Failure at anything is learning how to do it right the next time. Here is an excellent resource that can help getting in the right mindset. https://gv964.isrefer.com/go/tpms/livesmart56/

Do Your Research

You’ve identified your big idea, now it’s time to balance it with a little reality. The research you conduct in your small business start-up process will help you figure out if your business idea has potential.

In order for a small business to be successful, it must solve a problem, fulfill a need or offer something the market wants. Some of the questions you should answer in your market research include:

  • Is there a need for your anticipated products/services?
  • Who needs it? Identify your target market.
  • Are there other companies offering similar products/services now?
  • What is the competition like?
  • How will your business fit into the market?

Make a Plan

In order to make your business idea a reality, you need a plan. If you intend to seek financial support from an investor or financial institution, a formal written business plan is a must. Even if you don’t plan to seek financial support, a business plan will help give you clarity about what you want to do and how you plan to do it.

Your business plan should outline business goals and the motivation behind them, as well as your plan for reaching your goals in terms of marketing and funding. In your business plan, you should think relatively long-term – what is your intent?

Plan Your Marketing Budget

Starting a small business doesn’t have to require a lot of money, but it will involve some initial investment. Determine how much to budget for training on how to market your business. This should be an annual budget to continue your training in the online and offline strategies. Here are some areas you may need training and links to the best training to ensure your success include:

You can also attempt to get your business off the ground by bootstrapping, using as little capital as necessary to start your business.

Pick and Register Your Business Name

The name of your business plays a big role in almost every aspect of your business, so pick a good one (no pressure!). Make sure you think of all the potential implications as you explore your options. I suggest thinking long and hard about your business name and making sure it makes sense phonetically.

Don’t forget to register your website domain name afterwards!

Consider Where you will Conduct Your Business

Setting up your place of business is important for the operation of your business, whether you will have a home office, a shared or private office space, or a retail location.

You will need to think about your location, equipment, and overall setup, and make sure your business location works for the type of business you will be doing.

Small businesses run most effectively when there are systems in place.

Completing these business start-up activities will help you cover all of the bases and make good decisions so you have success as a small business owner.

And finally…

Buckle up! Starting your own business is an exciting process and you’ve already made the first big step. Congrats!

P.S. Was this Helpful? If you find value in this post, feel free to Like, Comment and Share. If you have interest in changing your life and securing YOUR future, let’s work together.

Top 10 Proven Prospecting Tips!

Prospecting is key to building a successful business and should be a part of every marketers daily routine. ProspectingConnecting with at least 20 people a day will, in time, build a strong following of people that respect you as an authority. Here is a playbook that can provide proven prospecting tips to meet your goal. Check it out!

Prospecting and Recruiting can be handled in many different ways. Each marketer knows what works best for them. Prospecting starts with establishing a relationship first. You must build confidence and trust in a prospect before beginning to pitch your business. Building relationships are key to discover exactly what your prospects needs and dreams are all about, so that you can find the perfect fit for them. Find their pain and offer options.

Some may already have a warm market that they can recruit easily, others may be comfortable approaching  people and can easily communicate with others what they do and spark an interest. And then others are more comfortable prospecting Online. Each of us have our own comfort level of prospecting. That’s not to say that stepping out of your comfort level is something you should attempt and practice and you may find a hidden talent you didn’t even know you had.

One of the best approaches to accomplish these tasks is to follow other experts to see what marketing strategies they use and have proven to be successful. So it is up to you what you are most comfortable doing. Although, by all means, remember to give it a try to step out of that comfort zone.

Most importantly when prospecting is to be yourself, get personal, establish a friendship and be honest. Let your prospect know that money will not just drop from sky and land in their lap. It will take work and time and the pay off can be determined by how much they put into it. Staying positive and never giving up will get you to that pot of goal you so badly want.

Now, I could go ahead and reveal the Top 10 Proven Prospecting Tips that I have learned from my friend, Ray Higdon, but why reinvent the wheel. Ray is an expert at prospecting so I want you to hear it from the best. So sit back, relax and listen all the way through and you will be ready to get started today! Hold on to your hat, Here go’s!

P.S. If you find value in this blog, feel free to like, comment and share. If you have interest in improving your life and helping others, let’s work together to make the world a better place.

 

10 Tips To Success

happiness10 Tips To Success

These Tips to Success are attributed to a recent Steve Harvey show I watched where he interviewed several millionaires. Each had stories from rags to riches. I know just what you are thinking, “Oh they all have their big stories”. Well frankly, I find these stories intriguing and believable. Admit it, we all have had tough times in our lives and being able to pick yourself up and push on, let alone become a millionaire is inspiring.

I know there are lots of skeptics out there that feel these types of success stories are scams, so I ask you to open your mind and consider it just might be possible to change your life, if you want it bad enough. I believe I will succeed because failure is not an option. All of the information shared on the show is exactly in line with what I have been learning and trained to get my business growing.

Here are the 10 Tips to Success:

  1. Believe What you See (Imagination)

Imagine what your life would look like if you never had to worry about money again. What would you do? Buy a new home, car, or boat. Would you vacation, feel stress free to cover college expenses for your kids, help your family and friends that may be having hard times? You have the freedom to make those decisions.

2. Find Mentors

Aligning yourself with like minded people is invaluable. A mentor will honestly give you the good, the bad, and the ugly. To be the best you can be, you need that critique to get it right.

3. Show Gratitude

Abandon the blame and shame of your past life experiences. The past can not be changed so continuing to carry and hold on to or place blame is useless energy. Use that energy in a positive way and you will succeed.

4. Don’t follow a parked car

What does that mean? It means follow the habits of successful people. An example that was shared is “Does a dog chase a parked car?” Of course not. dogs chase moving cars, so follow people on the move.

5. Be Confident, Not Arrogant

Showing your confidence attracts people. Being arrogant turns people off and away from you. Staying confident and positive in all areas of your life is the absolute road to success.

6. Start Small

To truly succeed, become an expert in one strategy at a time will help you to build the confidence you need. You will run into obstacles but you will be able to push through them and easily keep moving forward and then be ready to tackle the next strategy.

7. Be Accountable

Take control of any situation that arises in your business. Find a resolution and react to correct any issue and don’t be afraid to ask for help. We all need help from time to time.

8. Stay in the Game

Set your mind that failure is not an option. This mindset keeps on track to your success. There are many things you can do to remind you of your vision and reasons you want success. Never quit.

9. Remove the word “CAN’T” from your Vocabulary

This tip is similar to several listed above. Be a sponge, taking in information from others, whether it is positive or negative. This will help you learn how to talk with others about what you do for a living. Flipping a conversation from negative to positive can be life changing.

10. Believe

Lastly, always Believe in yourself and your success. Never lose sight of your ultimate vision. It is there waiting for you, just reach out and accept it.

Donna Here to Help

Donna Sands, Always here to help

SandsOnlineVentures@gmail.com