Aspiring entrepreneurs have two big questions: How do I come up with a good business idea? How do I know if my idea will make a successful business? In addition to this, most new entrepreneurs expect their first business idea to be a great one. I did too! However, now I know that in my […]
Steps to starting a business: Part 3 – Planning and taking action
In the previous post of this series, we discussed how the concept of testing your idea to make sure there is demand for it. Now that you know there is, you want to plan a business that will take full advantage of that demand. Planning will make you aware of the issues and give you the foundation to take the consistent focused action your business will need to be successful.
Steps to Starting a Business: Part 2 – Testing your business idea
Last post, we discussed how the best business ideas solve a problem for someone. Once you have come up with a solution, you need to ask: Will anyone pay for this? Before you invest too much time and money in your business, you need to test whether it is something people are willing to pay […]
Steps to starting a business: Part 1 – Finding and Developing an Idea
There’s basically 3 steps to starting a business. Completing all these steps before you launch your business gives you the best possible potential for success. Leaving out one of these steps will affect your business negatively – it could mean your business is not as successful as it could be, cost you a lot of money because of mistakes or ultimately force you to close your doors.
