Thursday, September 12, 2013

Empressofbiz, Biz Tips 7 Steps BEFORE you WRITE Your Business Plan

EMPRESS OF BIZ! Listen! Learn! Prosper!, JoAnn Forrester

EMPRESS OF BIZ! Dreaming of Business? Action Steps to take

Dreaming of starting your own business? Stop dreaming and take your FIRST STEP. Today in Part I, I discuss what it times to start, plan and move to the ACTION line.....We will review what you do BEFORE you write your business plan.... Skip these first steps and you may have ...

7 Steps to take BEFORE you START TO WRITE YOUR BUSINESS PLAN

    1. Assessment... the big why.   What’s driving you?  What is your motivation…What do you want to accomplish?  Freedom? Independence?  Wealth? Comfortable Living?  Innovation? Security? Creativity? Status?  Time Structure? Family own enterprise?  Micro to mega size business? Social Enterprise?   Stability of income.   Full or part time? Seasonal?


22.    Personal Skills, Aptitude, Attitude and Personality   Loner to Social Queen?  Patience? Endurance?   How long are you willing to work for success >
Criticism…can you take it?  Ego…confident?…Shy? Overbearing? Super charged?   Balanced?  Patience? Endurance?   How long are you willing to work for success?  Criticism…can you take it?  Ego…confident…shy? Overbearing? Super charged?  Balanced?
If you do not know…ask someone who is not your biggest fan.

33.    Human Skills?  People? Do you like people? Do you like to manage and motivate people? How many people  have you managed?  Good listener? Or you the one who likes to talk all the time?   What about conflict?  How do you handle it ? What are your strengths and weaknesses around people.

44.   RISK:   What is your feeling about risk? Is Security a big thing ?  Is a good paying job your biggest dream?  Are you starting your business because you have to?  What is your tolerance for financial risk? Will others be sharing your risk?  How do they react to risk? What about the people in your life…who is  for it? Who is not?  Will they help? Hinder?  Money? Are they willing for you to risk your money? Their money? 
Money talks..have you had them?

55.   Health!  Yes health…what is your physical, emotional and mental status.    Good shape? Not so hot?  Energy Level? What will you do to compensate for problems?

66.    What is your preparation?  Resources? What do you bring to your dream of owning your own business? Skills?   Personal Experience?  Training?    MONEY!

77/    What are you willing to do to accomplish your dream?  MONEY.. HOW MUCH?  EFFORT HOW LONG ARE YOU WILLING TO WORK, ENERGY…what do you have and willing to give.  And TIME…how much  are you will to dedicate? 


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