Rather than write a business plan, it usually makes more sense to launch a stripped-down version of your business to create proof of concept and to learn what problems you’ll encounter going forward. As an added benefit, this can usually be accomplished without quitting your day job. Here’s how:
Traditionally, startup businesses draft a business plan for three specific reasons: to articulate their vision for the business, to document how they plan to solve key challenges, and to pitch their business idea to potential investors. But what if I told you that business plans for startup companies are usually not worth the effort? […]
It’s only September and you’ve already got the cold sweats just thinking about the holiday season. How much do you order? Do you have enough employees? When should you order inventory? It’s a lot to think about, but this article has some tips for you to think about as we’re starting to head towards the holidays – and good news, you’re reading this article now! The earlier you prepare, the better.
What most bloggers seem to forget that running a blog is the equivalent of providing a service for your customers. Essentially, you are helping your customers to achieve something. No matter what that something is. In short, you need to be focused around the results that you are providing for your customers. You need to do everything in your power to help your customers achieve their goals.
Becoming a freelancer sounds great. You have the freedom to set your own hours, you can work from wherever you like, and and you can dedicate yourself to work that inspires you. But all that upside comes with downside. You are now your own boss. You alone need to make sure that work is coming in the door, and you alone make certain that you are prepared for your future.
As any founder knows, lessons learned early on in the business startup journey can pay dividends at a later stage. Those valuable learning points and light bulb moments also make useful tips and advice that can be passed on to help other new entrepreneurs as they embark on their business ventures.
The story about Amazon and the PlayStation will warm your heart. It’s also a great model for your company to follow. What companies need aren’t customers who buy once and then disappear. Thriving companies are built on the basis of satisfying customers to the extent that they keep coming back. They go the extra mile to establish that kind of customer loyalty.
A commitment to lifelong learning should be at the top of all entrepreneurs’ minds. After all, it’s one of the most commonly found traits among super-successful entrepreneurs. So as you prepare to take the wee ones back to school, perhaps it is time for you to do the same. To assist you, I’ve curated my favorite online courses for entrepreneurs this year.
After spending nearly a decade as an entrepreneur, I have learned that there are many romantic beliefs people have about starting a business. Many of them are not compatible with the challenging and often cruel reality that entrepreneurs face. While being your own boss can be one of the most rewarding things that you will ever do, you are going to have to accept that there are going to be risks and challenges along the way. You are also going to need to accept that you won’t get everything that you want, including the chance to become a millionaire playing World of Warcraft like some people envision. […]
When you’re a freelancer, it’s easy to let work bleed into every moment of your life. There’s always another pitch to send. It’s always a good idea to check your email to see if a client reached out. You can always pop onto social media. Things get especially blurry when you work from home.
Setting firm work hours and boundaries with clients is an essential task for a freelancer. It allows you to take a real break from work, protects your creative energy, and ensures that work doesn’t consume your whole world. [Read more link below…]