1.
|
Develop
a concept that has value. Test reality. In
order to be successful you need to be able to market
a product or service that someone wants. Then you
need to be sure that enough people want your product/
service to achieve your goal. 90+% of new businesses
fail in the first two years. You don't want to be
one of them. |
2.
|
Determine
if you need financing. If
you can develop your business through your own resources,
you do not need outside financing. This is good. |
3.
|
If needed,
develop a business plan. If
you need outside financing, you will need a business
plan. Having a business plan is helpful, but if
you don't need outside financing, you can build
a viable business by doing what you need to do without
first taking the time to build a business plan. |
4.
|
Develop
a marketing strategy that works. To
make it, someone has to buy what you are selling.
How will you tell the world about your concept?
This means a lot of research, a lot of creativity
and a lot of work. |