Getting Your Startup on the Right Track: Part Two

The tips given in this article are some of the most important things you can do to make sure you start your business off the right way.

Startup Skills

Become A Salesperson

If you haven’t already, you are going to see that much of what you do as an entrepreneur will involve moving people to action. There will be times when you have to persuade people to do things that you want them to do.

If you’re not the type that loves to sell, you might be tempted to think that you can get around this by just hiring salespeople. It’s true. You can hire salespeople to sell your product for you. But it’s not about being able to hire others to sell your offering for you. It’s about realizing that there are other areas where sales skills are important. It’s unavoidable.

If you haven’t already, you will see that much of what you do will involve moving people to action. There will be times when you have to convince people to do the things you want them to do. This can involve getting prospects to become paying customers, convincing investors to fund your business, motivating your team, and negotiating with your vendors.

This is why it’s important to learn how to influence others. Every successful entrepreneur needs to know how to sell.

Create Your Business Plan

Depending on the type of business you’re starting, it’s probably a good idea to draft a business plan. Creating a business plan will help you develop a strategy that can help you gain success.

Business plans are helpful when it comes to understanding your business model. It will help you ensure that your business model is one that can succeed.

It’s also something that you will need when you seek funding. Investors and financial institutions will want to see your business plan before they provide you with funding.

Get Professional Advice

One of the biggest mistakes people make when they’re starting a business is trying to do it alone. No matter how brilliant you are, you can’t figure out how to grow your business all by yourself.

You need other people.

This is why it’s important to seek the advice of professionals. It will help you make sure that you’re making the right decisions for your business.

It might be tempting to think that you can just find any information you need by looking it up online. Yes, Google is an amazing tool, but it can’t give you all of the information you need to make sure you’re running your business the right way.

Here are four professionals you every entrepreneur needs in their life:

  • Attorney
  • Accountant
  • Insurance agent
  • Banker

These professionals can give you the insight and advice you need to run your business the right way. It’s the best way to prevent mistakes that could set your business back.

Summing It All Up

The tips given in this article are some of the most important things you can do to make sure you start your business off the right way. Take the advice given in this article and you will be well on your way to owning a thriving enterprise.

This article is contributed by Steven Chic.  He is the Director of Business Development for LegalZoom.  He’s a big Walking Dead fan and agrees with “If Daryl dies, we riot…”

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