If becoming an entrepreneur is on
your 'To-Do' list, here's a few tips that will help you be well on your way.
1.
Clearly
define your vision.
·
What
exactly is it that you're trying to sell? It doesn't have to be a tangible
product. It can be an idea, a service, etc. Make sure that this is clear for
you before trying to market to investors or consumers. There's nothing worse than
not being able to clearly 'pitch' your idea to others.
2.
Put the
vision on paper.
·
Brainstorm,
then use this compilation of data to form the first draft of your formal
business plan. In project management, we would refer to this document as the
project charter which includes everything from prices, time involved, and
individuals responsible or accountable. The project charter leaves no room for
question, as every aspect is clearly defined.
·
*Tip: Not
sure how to begin your plan? No worries! https://www.SBA.gov provides free online resources,
consultation, and templates to get you started.
3.
Study
your industry.
·
As an
entrepreneur, you'll serve as the face of your brand and more than likely be
responsible for your company marketing. Be good, better yet, GREAT at it.
Educate yourself on it, and always embrace opportunities to learn. No one
should be able to better pitch your idea than you.
·
If there
is someone out there already in your industry, learn from them. Study what is
going right for them and learn from their mistakes. There's no reason to make
the same mistakes in your endeavor if it's already been done. Don't try to reinvent the wheel here
unless your product/service is completely new to the market.
I hope you've enjoyed the first
series of "Releasing
Your Inner Boss." Stay
tuned as we'll be bringing more your way in the weeks to come.
Have an idea that you'd like us to
write about, email me at uhcmagazine@yahoo.com. I'd love to hear from you!
--Chalice Ebow
