I spent a couple of hours helping him flesh it out and create an action plan. It's not because you need one to get investors because--surprise! It therefore allows would-be entrepreneurs to remain in their 1836 Mineral Company jobs, How To Launch A Company still pretending that they're moving the ball forward.

As an added benefit, this can usually be accomplished without quitting your day job. Here's how:. You may How To Launch A Company bursting with ideas and ecstatic about the possibilities, but you've got to focus on the basics: 1 what How To Launch A Company our product, 2 how will we take orders, and 3 how will we fulfill those orders.

Everything else is bullsh-t until you've got the basics in place. In my friend's case, he wants to sell a customized product. At this point, you either have 1 a viable business that's got some cash flow or 2 your business isn't working out. If it's viable, jump to step 4. It won't, and you'll just be throwing good money after bad. Instead you've got to step back, take a hard look at the basics step 1and make changes so that the easy-peasy marketing step 2 starts creating some revenue.

For example, my friend knows a lot of celebrities, so one of the easy-peasy marketing tasks is to get endorsements on Twitter. He originally wanted to jump right into this, but I advised him to wait until he had the basics in place. That way, the tweets would drive traffic to his site.

BTW, if you follow the previous five steps, you probably won't need a business plan. The main Jamieson Management Company is to take action and start small. List every possible way you could market or promote this product.

Assign every activity a number where "1" is easy and "10" is difficult. Assign every activity a number where "1" is cheap and "10" is expensive. Assign every activity a number where "1" is "if successful, will get a lot of customers" and "10" How To Launch A Company "if successful, will maybe get a customer or two.

Now add up the numbers for each activity. Throw out the How To Launch A Company two thirds. Execute the remainder in ascending order starting with the lowest number.

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