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The Three Foundational Elements For Your Business (And How to Apply Them)
When you try to look for answers as to how to start your business, you'll get different pieces of advice… every time! Sometimes, they don't give you a clear plan.
In this episode, I'm simplifying it for you. Get a better understanding of the process with just these three foundational elements that you need to know for your business.
🎬 The Three Foundational Elements For Your Business (And How to Apply Them)
What You Will Discover:
✔️ Have a financial plan. It isn't just numbers. It ties into your personal, company, and financial goals. It should be 2-3 years of your income and expenses projections. It dictates how you allocate your scarce resources.
✔️ Set a go-to-market strategy. It answers the question, "How do you go to the market with your product or service in a way that will stand out and win?" Find your playground. Use social media as a vehicle to carry your messaging.
✔️ Identify your operating priorities. These ensure you're making progress on bringing your top talent and resources to give you the best chance at success. Know what your business truly needs. A big team? A new skill set? An advisory board?
———————————————————————————
Feel like no one understands or cares as much as you do?
The Lonely Entrepreneur helps entrepreneurs with the #1 issue we all face – the struggle. We know what it's like to feel energized and overwhelmed at the same time. It's all about our perspective on business issues, personal issues, and the day-to-day grind of being our own boss. The difference between success and failure is your perspective. You can learn more and get a FREE daily perspective to help you be a better entrepreneur each day by visiting us at www.lonelyentrepreneur.com.
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By Michael Dermer
5
44 ratings
When you try to look for answers as to how to start your business, you'll get different pieces of advice… every time! Sometimes, they don't give you a clear plan.
In this episode, I'm simplifying it for you. Get a better understanding of the process with just these three foundational elements that you need to know for your business.
🎬 The Three Foundational Elements For Your Business (And How to Apply Them)
What You Will Discover:
✔️ Have a financial plan. It isn't just numbers. It ties into your personal, company, and financial goals. It should be 2-3 years of your income and expenses projections. It dictates how you allocate your scarce resources.
✔️ Set a go-to-market strategy. It answers the question, "How do you go to the market with your product or service in a way that will stand out and win?" Find your playground. Use social media as a vehicle to carry your messaging.
✔️ Identify your operating priorities. These ensure you're making progress on bringing your top talent and resources to give you the best chance at success. Know what your business truly needs. A big team? A new skill set? An advisory board?
———————————————————————————
Feel like no one understands or cares as much as you do?
The Lonely Entrepreneur helps entrepreneurs with the #1 issue we all face – the struggle. We know what it's like to feel energized and overwhelmed at the same time. It's all about our perspective on business issues, personal issues, and the day-to-day grind of being our own boss. The difference between success and failure is your perspective. You can learn more and get a FREE daily perspective to help you be a better entrepreneur each day by visiting us at www.lonelyentrepreneur.com.