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Entrepreneurship

How to Start a Business that Works [Video]

How to Start a Business that Works

Did you know that only 3% of businesspeople write a plan for their business and that 3% are 30 times more likely to achieve success?
You do not have to be one of the 97% – join me and find out the 7 things you need to do before you do anything.
1) Personal Goal Setting
2) Why
3) Vision / Mission
4) Values
5) SWOT
6) Research
7) Business Assets and Security

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Categories
Entrepreneurship

Starting a Business [Video]

Starting a business can be one the most exciting things you'll do in life. It can also be the scariest. According to the latest statistics on the percentage of businesses that fail in the United States, we see that of the 678,135 new businesses that were started in 2015, more than one-fifth (20.4 percent) closed after their first year in operation.The percentage of businesses that fail increases to 30.9 percent in the second year and 38.6 percent in the third year. By the fifth year in 2020, the new business failure rate reaches 50.0 percent. Needless to say, it's hard! The ones that succeed do so not only because they work hard and get lucky. These entrepreneurs spend an immense amount of time creating a plan and execution strategy. It takes a lot of discipline to overcome the challenges. In this episode I'll discuss the basic questions you want to ask yourself when starting a business.