background preloader

Eight Questions To Ask Before You Start A Business

Eight Questions To Ask Before You Start A Business
Are you thinking of starting a web business? Starting a PPC Management agency? Setting up your own site and selling things, or building a web publishing empire? Before you start, ask yourself the following eight questions. The advantage of this Q&A is that you can quickly see if the idea you’re going to throw your money and soul into is likely to work. 1 . Define what service the business provides. Try to focus. McDonalds could, no doubt, provide up-market meals, but they focus on selling quick, cheap food. That is what they do. 2. Who are your customers? Create a mental image of your typical customer. 3. What is your unique selling proposition? If your customers can buy the same services for less elsewhere, or more easily, they will. There is a tendency to model yourself on others. This is not to say doing something wildly new or different is any guarantee of success. 4. This point is so important, it really should be number one. Businesses may have great ideas. Then the bank manager calls.

http://ppcblog.com/eight-questions-to-ask-before-you-start-a-business/

How Your Employees Can Be Your Best Salespeople Column by Janine Popick, Inc.com "Girl Power Female CEOs" June 21, 2011 How can you get your non-sales employees to help "sell" your business? If you have salespeople, you know what they're usually motivated by: cold hard cash. And if they're not, they shouldn't be your salespeople. They might be on the phones, they might be on their feet, they might even be flying from town to town to give dog and pony shows. But what about the rest of your employees, the ones who don't get the extra kicker for selling more of your stuff?

Top 10 Traits Of Highly Successful People Rating: 8.2/10 (185 votes cast) We have all read about people who are successful briefly. They win a gold medal, make a fortune, or star in one great movie and then disappear.…These examples do not inspire me! My focus and fascination is with people who seem to do well in many areas of life, and do it over and over through a lifetime. How to Start a Startup March 2005 (This essay is derived from a talk at the Harvard Computer Society.) You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible. Most startups that fail do it because they fail at one of these.

10 Blogs Entrepreneurs Need to Be Reading See the 2012 edition: 10 Must Read Blogs for Entrepreneurs (2012 Edition) #1. The Toilet Paper Entrepreneur Site: Startup Advice: How Entrepeneurs Gain Credibility While talking with young founders in Europe and the US over the last couple months, I have been asked the same question repeatedly -- how can an entrepreneur just starting out gain the necessary credibility to attract capital? It is an important question because, at its heart, a startup investment is an investment in the entrepreneur. And the earlier stage the investment, the more so this is true. Business Ideas for the Self Employed Several years ago, I had a lovely long-term consulting assignment which kept me both busy and solvent. One morning I woke up and realized that it was coming to an end and I had nothing lined up. After a few moments of panic, I decided to get serious about creating my next income source. I didn’t have a great deal of time to devote to this, so I gave myself the challenge of finding a way to earn $100—an easily accomplished goal. What I didn’t realize at the time, was that I had just created a new habit that has kept my business—and cash flow—moving smoothly along.

How to pick a co-founder &045; Venture Hacks Naval · November 12th, 2009 Update: Also see our 40-minute interview on this topic. Picking a co-founder is your most important decision. It’s more important than your product, market, and investors. The ideal founding team is two individuals, with a history of working together, of similar age and financial standing, with mutual respect. 10 Biggest Entrepreneurs of 2011 Embed this infographic on your site! <a href=" src=" alt="10 Biggest Entrepreneurs of 2011" width="500" border="0" /></a><br />From: <a href=" Do a quick search for important entrepreneurs. Do you see any wrinkles on those faces?

Companies Guide This information is intended as a guide for Companies and their Directors to the principal filing requirements of the Companies Act 1993. It is not a complete statement of the obligations of companies or their directors, nor is it intended as legal advice. Therefore, the omission of any information will not relieve a company or its directors from any penalty that may be incurred through failure to comply with the Act. Unless otherwise stated, all references in this document to the Companies Act relate to the Companies Act 1993. What is a Company? Starting a Business: Advice from the Trenches - StumbleUpon If you’re like thousands of other designers, programmers and other creative professionals out there, at one point in time you’ve considered starting your own business. Unlike most, you’ve gone against common sense and decided to open shop for yourself. And not just freelance full-time, mind you, but file for the company name, get some stationery, and wade through the legal mumbo-jumbo.

Rise To The Top With Facebook EdgeRank Facebook can be a great place to market your small business; many of you have set up fan pages and are actively building a Facebook audience. One thing you may not realize, though, is that not all of the messages you share on Facebook are being seen by your fans. In fact, many of the posts you share on your Facebook page will only be seen by a handful of people, regardless of how many fans you have. If you want to know why this is and what you can do to optimize your posts for maximum reach, you’ve come to the right place. For the personal profiles of your fans, the default setting on their newsfeed is set to display what Facebook considers “Top News.”

Unsupported Browser Today, we are excited to share that Identified has been acquired by Workday. This is an exciting outcome for everyone involved in Identified and we want to thank our team, Board of Directors, investors, customers, advisors, families and the other countless people that have supported us over the years. Waller Capital served as an exclusive advisor to Identified in this transaction. 45 Kick-Ass Resources for Online Entrepreneurs Few people talk about this great productivity tip… You will reach your goals faster and easier if you’re willing to learn from others. Using brilliant, well-crafted resources created specifically for online entrepreneurs improves your online productivity. Below I have a long list of resources, most of which I’ve used myself.

Related: