The constant uncertainty of a startup can be somewhat quelled by enlisting the talents of an experienced startup consultant who can share his/her expertise and provide advice that will help point your business towards success. While it can be helpful to use a consultant with experience in your industry it isn’t necessary.
Nine out of ten startups fail. That’s a terribly discouraging statistic for any hopeful entrepreneur. The silver lining? Many of these startups brought the failure on themselves by making poor choices and skipping crucial steps.
There are a lot of considerations and to-dos when you start your own business. You need to design a company logo, build a website, hire employees, file paperwork, in addition to a countless number of other critical tasks. As a business owner, there is no shortage of items on your to-do list. However, one important item that you cannot afford to overlook is transitioning to a professional email with a company domain.
To make it official--and if you want potential customers and clients to take you seriously--you need to set up a business email account. Having a professional email for your communications is just as, if not more important than having business cards or a LinkedIn.
Starting a business is a serious undertaking. If you have viewed our previous blogs on testing your idea and making it official, you may know that you have a viable company. You may have all the legal requirements and paperwork that says you are an official, real-life business. However, your work is far from done.
One of the most difficult challenges for entrepreneurs and business owners is how to monetize and generate revenue on a consistent basis.
It can take years to transform your idea into reality, and even longer until you start to generate considerable profit. To get started, ask these questions:
By now, you probably know that Shopify is an amazing e-commerce platform with a wide range of apps that let you do everything from set up an online store on Facebook, to integrating with MailChimp so you can set up awesome e-mail marketing campaigns.
But there’s a lot more that Shopify offers that you might not be aware of, including a slew of tools and resources you can use to help run your business. The best part is – many of these tools are absolutely one hundred percent free.
When launching a business, entrepreneurs are often so focused on getting things up and running that they overlook one of most important aspects of developing a business, the business plan. In many situations, a business plan is required before even putting money into starting a business. In other words, a business plan should be the first step. This plan is more than just a formality that you need to comply with, and to satisfy investors.
Making It Official
You’ve tested your business idea, conducted market research, and even trademarked a company name. What’s next?
In our previous blog, we discussed the questions that you should ask yourself when you first have a business idea. If the answers to those questions have led you to move to the next step, you need to know what it will take to make it official.
Leaders are not the ones who get things done, they’re ones who get things done through other people. - Warren Buffet
As the size and complexity of your organization grows, you’ll become more and more reliant on your team to get things done. That’s as it should be, but without proper leadership your team is as good as a ship at sea. Minus the captain.
There is no denying that the life of an entrepreneur is challenging. People starting and building a business have a lot to manage and even more to think about. How do you find the right team members that will understand what you are trying to accomplish and help take your business where you want it to go? What tools will keep you organized? Who is your target audience and is your marketing and overall business strategy customized toward them?
We have started a few businesses in our days. 10twelve was born out of vertically integrating services for our own brands and then realizing how well it worked. No more being over-promised and under-delivered. One of our major goals with 10twelve is to pay it forward. If our clients can learn from our successes and failures, save time and money, grow their company, and put out some great looking marketing... we have done our job.
Crowdfunding may seem like a great idea to turn your innovative product idea into a reality, but developing and launching a successful campaign is no easy feat. So, how can you set yourself up for success when it comes to launching a crowdfunding campaign on a site like Kickstarter? Be sure to check out the following 10 tips.