In life, whatever it is we are seeking will not arrive in the form we are expecting. Such is the case with raising equity in a post JOBS Act market -- something that fascinated but at the same time confused many business owners.
Most people have a plan for everything these days -- a business plan, marketing plan and even an editorial calendar for their blog. It's not easy to sort out what you actually need initially in business, but I'm telling you your first focus should be on having a life plan.
Starting without cash in the bank is possible, but it takes an approach that is both practical and inspired. Since my business journey began with little more than an idea, I wanted to share three pieces of advice with you for making it big when starting with nothing...
For the export to be successful we should obtain a realistic response to the questions that will help us to assess the real situation of the company and whether if the company has a real export potential and capacity.
The whole idea of this process is to help you intelligently iterate your business strategy until you find the right formula that works, at which point you feed that strategy with focused energy and enjoy the ride up the scaling curve.
Gabi likes to say how art therapy is as important as a gym membership, and I'd like to agree. Art therapy exercised my mind in a creative way, and I left the meeting with a canvas that acts as a map for my future decisions.
Entrepreneurship or owning your own business is NOT for the faint hearted. I've done more inner work, faced more fears, and stretched myself WAY more in building up my business to success than I have doing any other SINGLE thing- EVER.
Starting a new business, be it big or small, is far from easy. In the early stages you will inevitably drift between periods of certainty and uncertainty about your decision. You will feel like you are constantly swaying with the wind of opinions from your peers.
The single biggest challenge for an artist regarding the music business is the eye-opening truth they discover as they pursue their dream. The business side of music always reveals gut-wrenching realities.
The internationalization is not a simple step, since it requires time for planning, evaluation and implementation. Before taking the leap into foreign markets, we must take into account the following factors.
I'll begin where the majority of successful entrepreneurs begin--"follow your passion." It may be a shopworn phrase, but this advice is as valid today for how to succeed in business as it was a hundred years ago, and it has certainly proven true for me.
Business plans can attract new investors to your idea, or they can serve as an excellent platform if you're seeking grants. No matter what your eventual goals are, having a solid business plan is absolutely essential.