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Entrepreneurship

Business Starting Tips [Video]

Business Starting Tips

Looking for Business Starting Tips? Look no further! We’re going to turn things inside out and tell you what you should really focus on when starting a business – NOT what the masses tell you!

At the end of this video, we’ll teach you why the “Dessert First” method is the best way to start – and, let’s be real, who doesn’t want dessert first?

Today, we’re going to cover the following three points:

1. Why Standard Business Startup Recommendations are Wrong
2. Why Profit Before Prep is The Way to Go
3. How to use the Dessert First Method

Point #1: Why Standard Recommendations Are Wrong

When you begin exploring the idea of setting up an online business, most of the business starting tips you find for free on business blogs, and even in most paid educational programs, will give you a long list of “do this first”.

Most of those lists include:
– Deciding on a business name and tagline
– Forming a business entity
– Opening a business checking account and establishing a line of credit
– Choosing brand colors and a logo
– Setting up your website
– Setting up complicated sales funnels
– Writing blog posts
– Getting professional photos done
– Building out your entire course, or setting up your service sales page or – Filling your e-commerce store with products

And the list goes on…….

What’s wrong with those?

They’re a waste of time because they’re the wrong focus in the wrong order!

Colors and a logo do not a business make – even if you set up your business entity you don’t have a business until you start making sales. So, Deirdre’s going to explain how to do that.

Point #2: Profit Before Prep!
I’m going to share with you what I have learned about building a business that is PROFITABLE.

So, here’s the truth:
You’ll waste time and money setting all these things up initially if you have not yet VALIDATED your business idea, plan, and have a proven business strategy for sales and marketing.

You can start your business without any of the “legal and financial” items listed above.

Yes, you will need to do those things once you are ESTABLISHED and MAKING MONEY but until you get to that point, you can simply use what you already have – your name, your social security number, your bank account as you start up.

Your first order of business is to get the business to pay for itself as soon as possible.

So, how do you do that when you are starting out?

It’s through Values and validation. We teach a process known as the “inside-out” approach. Most people look outside of themselves for a “business idea” that seems to be working for others. However, that may not fit you or feel aligned with your values and business personality. By starting with values, you have the opportunity to find that which lights you up and will be sustainable and profitable.

Validation includes 4 key steps:
1. Learning how to identify the ideas that will be the best fit for who you most want to help
2. Understanding who your ideal client is will help you attract them through your marketing.
3. Ensuring you understand your ideal client’s pain points so you can develop solutions that mean the most to them.
4. Researching others in a similar business and finding the gap that you can fill which sets you apart from the crowd.

Pouring time, effort, and money into a hunch leads to failure every time and the ultimate validation is getting your first few sales – THAT is when you know you will have a profitable business foundation to build upon.

Point #3 The Dessert First Method!

By following our method you get to know right away what your market wants because you’ve validated and made sales. We call this “dessert first” because you get the immediate satisfaction of making money which lets you know unequivocally that your product or service is what your market wants – without having to jump through hoops that don’t give you anything tangible.

Once you’ve validated your business idea you’re ready to roll! You’ll know who wants what you have and that they’re willing to pay you for it. Based on the research that we teach you to do you’ll never wonder again if your next offer will be successful. You’ll be able to set up your business knowing that it’s viable because you’ve gone through the process of reconnecting with your values, validated that it’s what your market wants, and made money to boot! It’s the only way to go!

Join our community! We teach business starting tips and growth strategies in our free regularly held workshop and our business incubator programs as well as every single week inside the Empire of Unstoppable Women Facebook Group.

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Let’s Connect!

Website: https://encoreempire.com/
Facebook Page: https://www.facebook.com/EncoreEmpire
Facebook Group: https://www.facebook.com/groups/empireofunstoppablewomen
LinkedIn: https://www.linkedin.com/company/encore-empire

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Categories
Entrepreneurship

How to Effectively Understand and Leverage Your Data with Jon Torrey of Searchlight Advertising [Video]

Even when you’re utilizing a high-level CRM system, there’s a lot of manual data entry that service businesses do every day, whether it be through your technicians or your administrative team… and in reality, that data isn’t always correct!If you can’t properly attribute revenue to your marketing efforts, you’re making decisions based on inaccurate data, leading to mistakes and potential loss of leads and revenue.But have no fear! Jonathan Torrey is here. Jon is the Director of Marketing and Partnerships at Searchlight Advertising, a company that’s connecting data to help contractors and other service businesses improve their revenue flow.Join us as we talk with Jonathan about the importance of understanding your business’s data and knowing your exact ROI from digital marketing. In this episode we discuss:● Most common data problems and opportunities for service businesses ● How to effectively and efficiently understand and leverage your data to increase your profits and maximize your lead conversion.● The best marketing solution for contractorsTo view the full episode, click here: https://www.servicebusinessmastery.com/Listen on Apple Podcasts - https://podcasts.apple.com/us/podcast...Listen on Spotify - https://open.spotify.com/show/0MVtXdF...Listen on Google Podcasts - https://podcasts.google.com/feed/aHR0...Listen on iheart radio - https://www.iheart.com/podcast/269-se...Listen on Stitcher - https://www.stitcher.com/show/service...Listen on Amazon Music - https://music.amazon.com/podcasts/26c...Listen on Deezer - https://www.deezer.com/us/show/766302#Marketing #digitalmarketing #hvac

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Entrepreneurship

Birmingham Public Library developing small businesses through 'Grow with Google' workshops [Video]

For the first time in five years, the Birmingham Public Library is hosting in-person "Grow with Google" workshops for small business development. The workshops kicked off on May 27 and will be held on the fourth Tuesday of each month from 5:30 p.m. to 7 p.m. at the library's central branch. Whether you've started a business or you're just thinking about starting a business, wherever you are in that process, I think the Grow with Google resources, knowing how to access them, knowing how to use them, will be really helpful to you," said Jim Murray with the Birmingham Public Library. The first program focused on AI usage. A list of upcoming programs can be found here. Small business owners need access to IT resources to start and grow their businesses. And the problem frequently is that they may have some knowledge in how to use the resources, but they don't have the financial capability to access them and Grow with Google makes these resources available to them for free and it also provides more in-depth instructions on how to use them," said Murray. The next workshop is on June 24. The workshops will run through October.