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Ask Christa! How Do I Startup a Business? (S1E5)


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Summary

In this episode of Ask Christa!, Christa Dhimo discusses the essential steps to starting a business, emphasizing the importance of understanding one's feelings about and commitment to the business idea, creating a strong foundation, and utilizing available resources. She highlights the various funding options and the significance of addressing unmet needs in the market. Christa also encourages self-awareness and community engagement as vital components of the entrepreneurial journey.

Key Take Aways

·      Starting a business involves understanding your readiness regarding your idea.

·      Creating a strong foundation is crucial for business success.

·      The mechanical steps to start a business are easier than ever.

·      Your business idea should address an unmet need in the market.

·      Self-awareness is key to managing the challenges of entrepreneurship.

·      Engaging with your community can provide valuable support.

·      Research and preparation are essential for a successful startup.

·      Do your homework on market competition and clarity.

·      Utilize available resources for guidance and support.

 Additional Resources

10 steps to start your business. (n.d.). U.S. Small Business Administration. https://www.sba.gov/business-guide/10-steps-start-your-business 

community colleges for start ups - Google Search. (n.d.). https://www.google.com/search?q=community+colleges+for+start+ups 

National Chamber of Commerce Directory. (n.d.). https://www.uschamber.com/co/chambers 

START UP TV SHOW. (n.d.). https://www.startup-usa.com/

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Ask Christa!By Christa Dhimo, Dr.B.A, M.B.A., M.Sc.M