Here's my top 10 list, pulled from others. 1. *Know where you are going and why.* Apple, Martin Luther King Jr., and the Wright Brothers did not start with what they were doing or how they were going to get there. They knew their purpose first and the rest followed. Watch Simon Sinek at TED: How...
This is a tough one. When I started my prepared meal delivery service in Toronto, there was no way to make it legit working from home. I also was a vendor at a farmers' market and the only prepared products that were able to legit be made in a home kitchen were products made on a farm. Otherwise...
I would suggest looking into 500 Startups or other accelerators that target developing markets. They will help you get up to speed and make invaluable introductions. After going through the right accelerator a lot of doors will be open to you and then you can expand your network in Silicon vall...
Ensuring the long-term sustainability of a business in today's dynamic and competitive market requires a multifaceted approach that takes into account various aspects of the business. Here are some key strategies to consider: 1. Adaptability and Innovation Businesses must stay adaptable to chang...
1. Define Your Needs Clearly outline what you want AI to improve—production efficiency, quality control, supply chain management, marketing, or customer engagement. 2. Search for AI Consultants or Firms Freelancer Platforms: Check Upwork, Toptal, Fiverr, or PeoplePerHour for AI and business cons...
Enter your answer issue a press release and try to solve the problem, you can use press release services or ask a reporter of your local newspaper to do a story on the solution. Bad press and bad things can happen, it is the manager job to do crisis management, repair the damage, and regain rep...
A startup is in essence the "art" of juggling. Of course you need some sort of "income" to pay for rent, food while your startup or business begins to generate cash flow. Ideally you should have at least 6 months of saving, sufficient time to give you a clear outlook of what will happen with yo...
There are two value sets here: yours and the prospect's. You may value your service at $X, but if your prospect doesn't see it that way, that value does not exist. However, you do have to start off with your target value. Have a "base/best case" value, and a "bare minimum/worst case" value. Th...
I have not heard of the $1,000 rule; however, the determination for the need of a business license will come more from the requirements of your local government. Check with your local economic development office to determine what licensing would or would not be needed for the particular type of ...
I vehemently disagree. I would recommend not following-up with any angel investor who asks you for a business plan. You yourself should be able to credibly articulate how you envision the next 12 months unfolding and especially how you intend on spending the money you raise, but that's about it...