Reading: How to Start a Business part 3 - Let's Go (Slides)

How to start a business
Part Three

Let’s go

Step one

Answer this question: Why do you want to start a business?

Step two

Explore ideas for business

Step three

Test ideas among potential customers and refine product or service

Step four

Get legal (Government, Taxes, Registration)

Step five

Figure out your financial options

Step six

Make a marketing plan

Name

Logo

Brand

Target audience

Step seven

Make a business plan

Step eight

Get out and talk to people

sell, sell, sell

Promotions, discounts, online, customers referrals …)

Step nine

Keep things organized (financial, product, customer info, dates, follow-up, communication)

Step ten

Keep learning from books, online, mentors, and customers

Step eleven

Every day, do something that advances the potential of your business

Proverbs 13:11 (NIV) Dishonest money dwindles away, but whoever gathers money little by little makes it grow.

Step twelve

Adapt as you go and keep the faith.

Ecclesiastes11:6 Sow your seed in the morning, and at evening let your hands not be idle, for you do not know which will succeed, whether this or that, or whether both will do equally well.