Have an idea.
This idea must be something you are passionate about.
What customers are you trying to get a hold of? Who will buy your product? If you can’t answer this question then there won’t be sales.
Define goals and objectives.
Goals and objectives are important because they lead you in the right direction and help you get back on track. Figure out why you are starting your new business. It may be for financial independence or you might want to sell it in the long run to the highest bidder, it’s your call.
Create your name and logo.
A working name helps define your ideas. A logo will help create your brand.
Determine if you will be working alone or if you will have a business partner(s).
Choose wisely. Sometimes problems may arise and can create irreparable circumstances.
Create a business plan.
A business summarizes your business in one page. It also creates a map for investors, bankers, and other interested parties to use when determining how they can best help you and to help them decide whether or not your business is viable.
It will give you peace of mind if you have someone there to clarify extensive rules and regulations, etc. Get an accountant who understands the tax side of running a business.
Manage your finances.
Make sure you have enough capital to get by while you build your client base.
Market your business.
Create your company website, develop an excellent social media presence, and implement your marketing and distribution plans.
Success will not come over night so it is important to have your feet set on the ground and realize that this will take time and plenty of effort from your part.
What makes you stand out from the crowd? Why should people trust you and your product?
You will learn many things as you venture out into the business world. You may make mistakes but those mistakes with help you become wiser.
After having studied top achievers and peak performers over the past 35 years, I’ve concluded that these unique men and women have, in most cases, mastered what I call the Seven C’s of Success.
- Clarity – Eighty percent of success comes from being clear on who you are, what you believe in and what you don’t.
- Competence – You can’t climb to the next rung on the ladder until you are excellent at what you do now.
- Constraints – Eighty percent of all obstacles to success come from within. Find out what is constraining you or your company and deal with it.
- Concentration – The ability to focus on one thing single- mindedly and see it through until its done takes more character than anything else.
- Creativity – Flood your life with ideas from many sources. Creativity needs to be exercised like a muscle, if you don’t use it you’ll lose it.
- Courage – Most in demand and least in supply, courage is the willingness to do the things you know are right.
- Continuous Learning – Read, at the very least, one book a week on business to keep you miles ahead of the competition. And just as you eat and bathe, organize your time so you spend 30 minutes a day exploring e-mail, sending messages, going through websites, because like exercise, it’s the only way you can keep on top of technology. If you get away from it, you’ll lose your edge.
Operating with Objectives and Taking Action!
- Complete an Action Plan for each goal on your list.
- Specify a first step as the first objective on your Action Plan.
- Break each goal down into a set of manageable objectives.
Prioritizing Your Activities!
- To double your effectiveness, apply the 80/20 rule.
- Transform efficiency into effectiveness with a prioritized activities list.
- Divide your activities list into four sections.
- Record and prioritize on your activities lists all important phone calls and appointments.
- Review and revise your blueprint at the end of each calendar year to assess your past progress and chart your future direction.
Doubling Your Personal Effectiveness!
- Increase your level of effectiveness by learning to maintain focus.
- Increase your effectiveness and earn the confidence and trust of others by keeping your agreements.
- Promise only what you can deliver, and deliver what you promise.
Controlling Your Time Line!
- Take control of your time or time will control you.
- Avoid triggering the no-slack principle by making and sticking to your plan.
- Arrive on time, every time
- Don’t make getting ready the last thing you do before leaving the house.
- Leave your car keys in the same place every time you arrive home.
- Combine all frequently used keys into complete duplicate sets.
- Change your door locks so that one key fits all.
- Ignore the telephone (text especially) when getting ready.
- Practice effective time management on yourself, not those around you.
- Fill up your tank on your time, not at stress time.
- Add a ten minute fudge factor to your travel time.
- Carry a GPS . . . always.
- Allow an extra five minutes to find the correct address or office.
Prioritizing Your Personal Time!
- Schedule your personal time with the same priority and attention to detail as you schedule your business time.
- Schedule your personal activities as if they were appointments that cannot be canceled.
- Don’t allow job related problems to interrupt scheduled personal time.
- Stop treating your family as second class citizens.
- Take back control of your time by eliminating interruptions.
- Break the telephone interruption habit by ignoring the phone for an entire day.
- Become the caller instead of the callee.
- Let an answering device screen and record your incoming calls.
- Check your incoming messages no more than twice a day.
- Make all callbacks at the same time.
- Use the built-in speaker on your answering machine to monitor for “must take” calls.
- Un-list your phone numbers.
- Install separate personal and business lines at home.
- Don’t give your business number to personal acquaintances, and don’t give your personal number to business contacts.
- Stop playing switchboard for other family members.