By Sandy Abrams
Burt's Bees . . . Crocs . . . MySpace . . .Every time a brand new tale approximately how a few not anyone from nowhere obtained wealthy generating a few shrewdpermanent new product in his storage, you might imagine, "Why cannot I do that?" good, an individual can--the trick is to take these solid principles and construct them into nice items which may achieve undefined. during this publication, you'll get the 12-step plan you want to make your new services or products a ecocnomic truth. you are going to study very important talents for achievement, together with how to:Refine their proposal to draw a goal audienceResearch the competitionFind the precise manufacturerCreate applicable model messagingBuild buzz on-line and beyondWork exchange indicates and conventionsWritten via a girl with out formal company adventure who became her personal suggestion right into a million-dollar corporation, this e-book is the pragmatic but inspiring consultant each aspiring entrepreneur is seeking.
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Remember, you don't need to offer your lender a piece of the business. You simply need to borrow some money. It's also useful if the person has no stipulations on what the money be spent on, so long as it's related to your idea. ) The Emotional Side David Deeds, an assistant professor of entrepreneurship at Case Western Reserve University in Cleveland says borrowing money from family members is, "The highest risk money you'll ever get. Your I dea, I nc. " This is funny, but true. You want to find family and/or friends who want to invest in you and your product because they believe in you and feel you are competent and likely to succeed.
What If I Found Something Unexpected? Once you've checked both online and in the marketplace to see that your idea is unique, feel free to move full steam ahead. But what if your search found a product you didn't know about or a fea ture your product must have but currently doesn't? This is a com mon hurdle, so don't worry. You may just need to tweak your idea based on your findings. Simply focus on the issue and brainstorm solutions. Reread your Biz Brainstorm: Write It Down, Make It Real (see page 22) notes in your workbook and update sections as neces sary based on your findings.
Even with the credit crisis, they are readily available and, unlike investors or family members, they don't ask questions. Credit cards are helpful for tax purposes as well. You have a record of your business expenses on your statement for tax write offs/deductions. In fact American Express Business cards generally will send you a quarterly breakdown of your charges so that you can analyze your expenses and have the list handy for your accountant. You never want to pay cash for a business expense; always have a record of the transaction.
Your Idea, Inc.: 12 Steps to Building a Million Dollar Business - Starting Today! by Sandy Abrams