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Blueprint for Your Business: Part 1 with Terry Brizz
“You have to have a good business plan. A business plan is like a blueprint. If you go to start a house, what are you going to do? You're not just going to buy a bunch of lumber, buy a bunch of bricks, dig a big hole – you need to have a plan. And this plan is your blueprint,” shares Terry Brizz. Tune in to Million Dollar Monday as Founder of Galaxy Balloons shares valuable advice for building and growing your business.
Chapter Summaries
- 00:57- Introducing Terry Brizz
- 03:25 - Selling Balloons
- 08:07 - Competitive Advantage
- 11:03 - Business Struggles
- 17:29 - Your Word is Everything
- 19:30 - Key Advice
Key Takeaways
- Have a competitive Advantage.
- This is so important when you talk about starting a business. Why is somebody going to buy your product? What’s going to differentiate you from the competition? You have to have your elevator speech and be able to tell in a minute or two why exactly your business is better.
- Build your credibility. Your word is everything.
- Let them know you have a problem right up front and be forward about it. Let them know what the new solution is that you’re working on. It’s much better to be proactive than reactive.
- Develop a really good thorough business plan. Be a visionary and see the big picture, understand your market.
- Be a good communicator. Have integrity. Be open, honest, and trustworthy with your suppliers, customers and employees.
- Celebrate Diversity.
- Steer the Ship. If you find yourself down shoveling the coal, then who is steering the ship? So as a business owner, you have to learn to delegate things, just take it back because you need to be up top and you need to be okay. Where are we going to be in six months, in one year, five years from now and steer the ship.
- I think the number one reason why most people in business don't get wealthy is because they don't learn how to delegate because not all work is created equal.
Resource Links
- Company LinkedIn
- Terry Brizz LinkedIn
- Company website
Terry Brizz mentions the Hit TV series, Shark Tank. Kevin Harrington, one of the original “sharks” was our guest speaker on Million Dollar Monday – check out episode here
Interested in learning more about having a competitive edge? We suggest watching Your Competitive Advantage with Eric Nashbar here
Stay tuned for Part 2, which goes live on Augu
CONNECT WITH MILLION DOLLAR MONDAY!
Follow us on Instagram | Follow us on YouTube
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By Greg Muzzillo
5
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“You have to have a good business plan. A business plan is like a blueprint. If you go to start a house, what are you going to do? You're not just going to buy a bunch of lumber, buy a bunch of bricks, dig a big hole – you need to have a plan. And this plan is your blueprint,” shares Terry Brizz. Tune in to Million Dollar Monday as Founder of Galaxy Balloons shares valuable advice for building and growing your business.
Chapter Summaries
- 00:57- Introducing Terry Brizz
- 03:25 - Selling Balloons
- 08:07 - Competitive Advantage
- 11:03 - Business Struggles
- 17:29 - Your Word is Everything
- 19:30 - Key Advice
Key Takeaways
- Have a competitive Advantage.
- This is so important when you talk about starting a business. Why is somebody going to buy your product? What’s going to differentiate you from the competition? You have to have your elevator speech and be able to tell in a minute or two why exactly your business is better.
- Build your credibility. Your word is everything.
- Let them know you have a problem right up front and be forward about it. Let them know what the new solution is that you’re working on. It’s much better to be proactive than reactive.
- Develop a really good thorough business plan. Be a visionary and see the big picture, understand your market.
- Be a good communicator. Have integrity. Be open, honest, and trustworthy with your suppliers, customers and employees.
- Celebrate Diversity.
- Steer the Ship. If you find yourself down shoveling the coal, then who is steering the ship? So as a business owner, you have to learn to delegate things, just take it back because you need to be up top and you need to be okay. Where are we going to be in six months, in one year, five years from now and steer the ship.
- I think the number one reason why most people in business don't get wealthy is because they don't learn how to delegate because not all work is created equal.
Resource Links
- Company LinkedIn
- Terry Brizz LinkedIn
- Company website
Terry Brizz mentions the Hit TV series, Shark Tank. Kevin Harrington, one of the original “sharks” was our guest speaker on Million Dollar Monday – check out episode here
Interested in learning more about having a competitive edge? We suggest watching Your Competitive Advantage with Eric Nashbar here
Stay tuned for Part 2, which goes live on Augu
CONNECT WITH MILLION DOLLAR MONDAY!
Follow us on Instagram | Follow us on YouTube