You have a great idea for a business, but now what? Going into business can be done with hard work, focus and support. To make the process of becoming an entrepreneur a little less daunting, here are 5 steps to walk you from idea to a “real money-making” business – not a side hustle.
CREATE THE PLAN OR YOUR BUSINESS BLUEPRINT. As the saying goes, when you fail to plan, you plan to fail. It is very time-consuming, but everything flows so smoothly when you start with a good plan. Your blueprint guides your business design. It ensures that all bases are covered and all goals are met in a timely fashion, by listing out the what, why and how.
CREATE THE BRAND. Your brand will set you apart from the competition. Your brand is more than just your company’s name and product or service; ultimately it’s your reputation. As you’re developing your brand, be clear on what you’re trying to accomplish and consider what you want people to think and feel when they hear about you and your business. (more…)