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Stampede Your Business Plan
The 1st Standard of doing business is Money. The difference between a business and a hobby is money. The only reason to create a business is to sell it. Don't center your business around yourself.
The 2nd Standard of doing business is An Opportunity Worth Pursuing. It doesn't matter if everyone needs your product/service if nobody wants it. You might be passionate about your widget, but can you even explain what it is?
What kind of business are you in? You may have a product. But your business is not your product, it is what your product does for others. Stampede's business is Business Development, not web development.
Who is your customer? Figure out the psychographics and demographics. Drill down your avatar to find your niche.
Other Standards:
-Where are you in business? Local? National? International?
-Your timeline. When will you be ready to hire employees and have them replace you?
-How are you going to be in business? Retail? Wholesale? A combination of the 2?
-What standards are you going to insist upon regarding reporting, cleanliness, clothing, management, hiring, firing, training, and so forth?
Plan Your Business
How big should your business be?
To Facilitate Growth requires Intention at the outset & Passion for Personal Transformation
Plan ahead. Anticipate growth. Ask the right questions. Write it down. Until you're done planning, you're still in the Why stage.
Follow the Entrepreneurial Model. It's not about what your are going to do, its asking yourself how you are going to get there. Where is your opportunity? What does my business look like to my customer? How does your business stand out from the rest? Start with your customer.
Treat your business like you plan to sell it.
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By Stampede NetworksThe 1st Standard of doing business is Money. The difference between a business and a hobby is money. The only reason to create a business is to sell it. Don't center your business around yourself.
The 2nd Standard of doing business is An Opportunity Worth Pursuing. It doesn't matter if everyone needs your product/service if nobody wants it. You might be passionate about your widget, but can you even explain what it is?
What kind of business are you in? You may have a product. But your business is not your product, it is what your product does for others. Stampede's business is Business Development, not web development.
Who is your customer? Figure out the psychographics and demographics. Drill down your avatar to find your niche.
Other Standards:
-Where are you in business? Local? National? International?
-Your timeline. When will you be ready to hire employees and have them replace you?
-How are you going to be in business? Retail? Wholesale? A combination of the 2?
-What standards are you going to insist upon regarding reporting, cleanliness, clothing, management, hiring, firing, training, and so forth?
Plan Your Business
How big should your business be?
To Facilitate Growth requires Intention at the outset & Passion for Personal Transformation
Plan ahead. Anticipate growth. Ask the right questions. Write it down. Until you're done planning, you're still in the Why stage.
Follow the Entrepreneurial Model. It's not about what your are going to do, its asking yourself how you are going to get there. Where is your opportunity? What does my business look like to my customer? How does your business stand out from the rest? Start with your customer.
Treat your business like you plan to sell it.