Let me start by asking you some questions. Do you have a business plan? Did you know that you needed?
Before going any further, let me assure you that I have not spoken of a business plan that will take you 5 months. Nobody has that kind of time. I am simply speaking of a roadmap for your company. Not complicated facts and figures, forecasts, and so on. Just a simple plan where you can define your goals and that you can use to measure your results.
It's amazing how many people want to start a business and does not have a plan. They decide one day that an online business is what they want and they jump in the head without thinking. You would not do that if you were to open a shop on the main street, would you?
Let me give you a few examples to illustrate the problem.
You go on vacation for a couple of weeks. Do you just get on a plane and go? No, of course you did not! Prepare your trip, is not it? You begin months earlier, and the first thing to do is to reserve the day with your boss.
Then you need to decide where you are going. This should be based on how much money you have to spend on this. You might need to make this trip special. Are you planning how long you are going to stay, so that you can book flights. You also need to book accommodation, transport and activities you are about to do. You may also have to find someone to take care of the cat while you are away.
In other works, you have to plan vacations. So why do you require any company less? Like your holidays, you need to know where you are going, how to get there, how long it will take and how much you have to spend.
In an exclusive seminar that took place in London in 2005, Frank Garon described the Internet as "the great equalizer, which gives us a chance to reclaim our lives." This material is powerful and it's true. If you 'have never heard of Frank Garon, he used to be a truck driver in America. It is now a millionaire and all thanks to the Internet. He is the first to say that you need to have a plan business.
What do you need for this business plan?
Before going any further, let me assure you that I have not spoken of a business plan that will take you 5 months. Nobody has that kind of time. I am simply speaking of a roadmap for your company. Not complicated facts and figures, forecasts, and so on. Just a simple plan where you can define your goals and that you can use to measure your results.
It's amazing how many people want to start a business and does not have a plan. They decide one day that an online business is what they want and they jump in the head without thinking. You would not do that if you were to open a shop on the main street, would you?
Let me give you a few examples to illustrate the problem.
You go on vacation for a couple of weeks. Do you just get on a plane and go? No, of course you did not! Prepare your trip, is not it? You begin months earlier, and the first thing to do is to reserve the day with your boss.
Then you need to decide where you are going. This should be based on how much money you have to spend on this. You might need to make this trip special. Are you planning how long you are going to stay, so that you can book flights. You also need to book accommodation, transport and activities you are about to do. You may also have to find someone to take care of the cat while you are away.
In other works, you have to plan vacations. So why do you require any company less? Like your holidays, you need to know where you are going, how to get there, how long it will take and how much you have to spend.
In an exclusive seminar that took place in London in 2005, Frank Garon described the Internet as "the great equalizer, which gives us a chance to reclaim our lives." This material is powerful and it's true. If you 'have never heard of Frank Garon, he used to be a truck driver in America. It is now a millionaire and all thanks to the Internet. He is the first to say that you need to have a plan business.
What do you need for this business plan?
- The first is to have a dream. This must be a dream. Just to make money is not enough. What do you want to do with the money that you are going to do? You need to have this dream and to tie in with your business plan.
- You must know how long you are willing to commit to this matter. Take into account your work and your family. Be realistic about how long you can spend on it and for how long.
- You need to know how much money you will be able to proceed on this matter. Where will the money come from?
- You must have an achievable goal and a timetable for achieving them. Let's say you want to 50K a year within the next year.