SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old March 28, 2021, 06:49 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,471
Default Final days to pick my brain, if so inclined.

April starts new ventures. So, I want to wrap up my Q and A March sessions, with some general thoughts.

General advice: for those starting a new venture, business offline or on. First do a realistic self-analysis of your strengths and weaknesses and all of your assets.

I think this is a step few take and results in quitting and failure for many people. You must know how you got to TODAY. What did you do to bring you to this point in time? And how do you want to do differently, which will take you to where you want to go?

Assets include skills, knowledge, experience, ability to think, analyze and form correct conclusions along with any physical and monetary assets.

Sketch out a plan of action, first thing. If you want to start a business or money making venture, then start at the end, with the TRANSACTION, how is money/value exchanged? From who? HOW?

Simple questions if they get fully answered, given some real thought to, then it helps pave the path for your next thing.

As you set longer range goals, what are the medium and short range ones and how will you reward yourself when you hit one of your milestones?

In all business ventures, except where I've created something, I start with who is going to buy it? In most cases this is where you may want to start too. In the creative areas, with my golf club, or toys or games, I created those first then went after the marketplace. If I were to advise anyone today, I would tell them to start with the making money first, which means start with BUYERS and then create or acquire a product/service for them.

Also, keep things simple, eliminate as much slop and mess as possible.

So, with 3 days left before I start my OFFLINE local venture, I stand at the ready, if you have any further questions, fire away.

Gordon
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 07:33 AM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.