Many people hate their 9 to 5 jobs. In our world, we tend to think that the only job we want to do is something that is a chore (i.e. sitting at home all day).
How to write a successful business plan. Many people believe their plan should be a “do list” that has 5 bullet points. However, the real goal of any business plan is to help the owner plan for their future.
As adage as it sounds, we just live once. You need to carry on with an actual existence as free, satisfying, and fascinating as could reasonably be expected. Tragically, being an office ramble isn’t probably going to present to you this.
Do you hear this little voice disclosing to you that it’s the ideal opportunity for a change? That’s right. You realize what I mean. All things considered, you are perusing this article at now.
Key Point: Understand Where You Are In Your Start-Up
Before you can really go from an idea to an idea commercialized, you have to understand where you are now in your start-up. It’s often so easy to take this step, but most often, it is unnecessary.
It may surprise you that too many entrepreneurs find themselves falling into an idea trap. They take a piece of information they read and hear and insert it into their business knowledge. However, on top of knowledge and experience, you must also understand the market.
What are the assumptions you’re making? Why are you doing what you’re doing? Is the market actually similar to what you were previously doing? Was your growth curve previously stagnating because your product was running into that same market? What may be the reasons your market has been stagnant?
These are often confusing questions to answer and figure out how to get started in your new business venture.
To not be bound to your past, you need to make a vision statement. Remember, you’re not always right about the product or service you’re presenting to your customers. There may be some areas that can be changed, or some areas where you should act differently to help reach the end goal of your business.
What are those areas? It can be very helpful to work with a person or person of proven experience in the field to help determine the areas. Once you’ve got this set, you can start to put away your current product or service and start to focus your efforts and investment on your vision.