Fatherly Advice from Tom on Leadership and Entrepreneurship
Back to Blog
The P Path to a New Business
What will you need to seed your new business?
"The pea is most commonly the small spherical seed or the seed-pod of the flowering plant species Pisum sativum. Each pod contains several peas, which can be green or yellow. Botanically, pea pods are fruit, since they contain seeds and develop from the ovary of a (pea) flower." - WikipediaI jotted these notes on my napkin one day at a coffee shop.
They are some "P"s for starting a new business, a non-profit venture, or any bold initiative:
1. A Purposeful Product
What are you bringing to the table and is there a real and perceived need with the right timing?
Does it solve a problem?
Does it stop a pain?
Does it answer a question?
Does it improve someone's life?
Does this ring your bell, ignite your fire, and tug at your heart. Can and do you believe that this "product," visible or invisible, can change the world and make a difference in people's lives?
If not, find something that fires up your passion.
You have to love your product or service and believe in it. Otherwise, you are wasting your time.
You need to think our and write business plan. Follow a guide like "Business Plans for Dummies" and do it with a partner.
Contact SCORE for a free mentor and great courses on how to start your business
Contact a trusted coach who can ask you the right questions,
You have to relate to, network with, get along with, incorporate, empower, and use the skills of people in any business that multiplies itself.
Learn too like them!!!
Learn to get along with them and collaborate.
Cultivate the art of listening, asking questions, and conversing. People are your greatest assets. People skills are your most important habits.
I ironically started to run out of time here. Find a way and develop the skills necessary to tell your story. A hint--- Toastmasters is a great resource for you.
Get a coach to help you refine your skills.
Practice speaking in front of people.
You will need a marketing plan and you will need to work it.
Learn the art of selling.
Read Frank Betcher's classic, "How I Raised Myself from Failure to Success in Selling."
"Fail forward," as John C. Maxwell says. Turn your failures into building blocks for future success!
The road to success is paved with the cobblestones of failure from which people have learned to improve, refine, and practice resilience.
"P"s for business, like peas for your plate, help balance out what you need to start something new and exciting. They add color and necessary ingredients for your success.
If you need a partner, let's talk.
Stay in Touch: My LinkTree
Coaching/Mentoring : Schedule time with me. For coaching and mentoring, the first consultation is complimentary.
You Can Do This!
0 CommentsRead More