https://alter.com/keywords/selling - I think that this site sells domain name and business logo (I need to confirm)
https://www.onlinemba.com/blog/
Setting goals:
Specific
Measureable
Achievable
Realistic
Timely
- Pick your business location
- Choose a business structure (Single person LLC) - https://www.sba.gov/business-guide/launch-your-business/choose-business-structure
- Choose your business name - https://www.sba.gov/business-guide/launch-your-business/choose-your-business-name
- Register your business name - https://www.sba.gov/business-guide/launch-your-business/register-your-business
- Apply for federal and state tax ID number - https://www.sba.gov/business-guide/launch-your-business/get-federal-state-tax-id-numbers
- Apply for licenses and permits - https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits
- Open a business bank account - https://www.sba.gov/business-guide/launch-your-business/open-business-bank-account
- Get business insurance - https://www.sba.gov/business-guide/launch-your-business/get-business-insurance
Social Enterprise
Name generator
Legal Structure
Conferences
Incorporation
Business Plan
Locations
Financing
Space
Market sizing
Customer
Modern slavery
Big clients
IT
Resources
Startup
Legal
Dining etiquette
Entrepreneurship
Advices
Lessons
Miscellaneous
Videos
Questions
Comfort / complacement is the root cause of all troubles.
Location, Location, Location
Augmented reality? Virtual reality? Drones? Robots? Artificial intelligence?
Do only what matter
Keep it simple
Join a web development agency as a free agent, partner, owner / operator
Form a non-profit company or an LLC consisting of freelancers that are owners / operators.
Whether you think you can, or whether you think you can't, you're right - Confucius
One should always begin at the beginning - Bilbo Baggins
The journey of a thousand miles begins with a single step - Lao Tsu
Find a need and fill it - Lettered on a cement truck, Oakland, California
Start small, think big
Take baby steps
Take things step by step
Get helped. Nobody can do it all.
Location, location, location.
Location, location, location. For businesses that don't rely on customers coming to the door — manufacturers, wholesalers, workshos, mail order, Internet, and may service businesses — location may not be a critical concern. You can find a place suitable to your own needs: close to home, inexpensive, close proximity to your suppliers, customers and services you require, easy access for deliveries and pickups.
Three types of businesses:
- service
- sales: Need to have inventory in stock. Need warehouse space. Need a bigger storefront. This means a bigger investment.
- manufacturing: You can start small and then grow depending on what it is that you want to manufacture. Conventional manufacturing often requires a large investment in machinery, but you would be surprised how many successful manufacturing businesses started out in some inventor's garage with homemade, experimental equipments. An example of a manufacturing business is "homemade leather goods".
What are the 3 corners (major keys) of a business success / triangle?
- Quality of product and service: The more quality and value you offer your customers, the more likely you will stand out from the crowd. Offer a product or service that better, more reliable, more useful, and more appreciated than the cheap products in this mass-produced world of ours.
- Marketing and promotion: The second corner of your business triangle, and possibly the biggest one, is marketing and promotion: spreading the word about your business, products, finding and keeping customers. Marketing can take many different approaches and often trial and error, finding what works for you. Many business owners devote as much as half of the working hours to marketing. Without marketing, no customers. Without customers, no business.
- Legal: tax, permit, licenses, office work, book-keeping
What are the traits or factors contributing to business success?
- The kind of business you are starting and whether you have the skills, resources, or personality suitable for the kind of business you are starting.
- Your ability to find and keep customers
- Your talent at running a business
- How well you prepare yourself for this new venture. How much effort you are willing to put in?
- Organization: The first and most important characteristics is a clear head, and the ability to organize your mind and your life. In running a small business, you are going to have to deal with many different people, keep schedules, meet deadlines, organize paperwork, pay bills, and the list goes on. So if balancing your checkbook is too much for you, or you just burned up your car engine because you forgot to check the oil, maybe you are not cut out for business. The work in a small business is rarely complicated, but it has to be done on time. This is your business. It is up to you. Being organized is your key to sanity. Use your electronic calendar or a task reminder to remind you.
- Reading carefully: Most of your business transactions will be handled on paper or computer, and if you don't pay attention, you could miss out. You may receive special orders for your product. You will be billed by suppliers in all kinds of ways, sometimes offering discounts if you are prompt in paying. You will have to fill out a lot of government forms. Government agencies cannot exist without forms, and the instructions for these forms are sometimes tricky. If you mess up, these agencies have the most aggravating way of telling you that you have to do it all over again.
- Numbers: good with number
- Personality: Have a pleasing personality. Are you friendly, outgoing, easy to talk to about your products — and the weather, the ball scores, etc. Do you like selling, solving people's problem, etc? Do you like running a store five, six, or even seven days a week, keeping regular hours, stocking shelves, doing repetitive tasks every day? There are many fine people, potentially excellent business people who are not the outgoing type, who would never survive behind the counter, and who certainly shouldn't run a retail operation. Fortunately, there are many businesses that don't require these personality traits. Mail order, Internet business, manufacturing, some service businesses, businesses where you don't face the public every day, business where you know all your customers, businesses where you do custom work for only a few people — these businesses do not rely so much on your personality, and they won't require that you constantly act and dress a certain way.
- Punctual
- Pay your bill on time. In fact, pay your bill early. Your suppliers, your landlord, your bank, everyone you do business with will love you. They'll go out of their way to help you. You'll be "one of our best customers," and you'll get priority treatment. What's more, if you pay your bill as soon as you get them, you don't have to keep an unpaid bills file, you don't have to remember that a bill is due. It's one less chore to worry about.
- Get some help. Form an master-mind alliance (think of Napoleon Hill) with someone. Hire someone. Build a team.
- It is around the clock. You talk to people who are working for a salary, they don't understand what being in business is all about. They're not risk takers. They're not striving to make a whole number of things work simultaneously. They go to work in the morning and have a prescribed routine and they get off at five o'clock, and they go home and their business is done. But if you're in business for yourself, you don't turn off the switch when you go home. You're constantly thinking about it.
Before you rent a facility for manufacturing, what should you do?
This is not a complete list, but you should:
- Check with the local city government to see if the facility is located within the manufacturing zone
- Check to make sure that the facility has enough space to safely house your manufacturing equipments, raw materials and final products
- Hire a building inspector to certify that the facility electrical infrastructure is able to safely power the machinery you intend to use.
- Consider the location of the new facility relative to your current facilities, resources, and talent pool
What are the questions to ask yourselves regarding a business decision that you are about to make?
- What will people say about this? What are the risks? I am not afraid of people's criticisms, but I want to know what people may think so that I can be sure that I am not making a mistake.
How important is market research compared to doing something?
As important as it is to do research, don't let it stand in the way of trying things out. Instead of spending the next six months researching the market, you could begin to spread the word, run a few ads, set up a web site, and find out more about your market and whether you have a viable business than any research will ever tell you. You'll know whether you have something people want and are actually willing to pay for.
In effect, you are doing actual hand-on market research rather than researching in books.
What are the big pay-offs for having your own business that support your life style?
- Doing what you love
- Living your passion everyday
- Control your own destiny
- Be financially rewarded if you are successful
- Flexible working hours (if this is important for your present circumstance, but be aware that depending on the nature of the business, but running a business can be very demanding and it may get awhile until you get to the point where you can have what you want)
- More time with family (if this is important for your present circumstance, but be aware that depending on the nature of the business, but running a business can be very demanding and it may get awhile until you get to the point where you can have what you want)
What is the concept behind selling leftover?
Selling leftover is selling your by-products. Basically, you look for things that you previously thought of as a waste, try to find practical usage for it, and package it up as a sell-able product. See http://blog.crew.co/a-magic-business-model/
How can we build a big business?
One step at a time. We can learn a lot by observation. Visit other people who are in similar business. Try to find people who are located in a different geographical areas and are not in direct competition.
