Starting Your Own Business Renee Williams EDTC560 University of Phoenix Susan Ferebee.

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Presentation transcript:

Starting Your Own Business Renee Williams EDTC560 University of Phoenix Susan Ferebee

Introduction Self Motivated Self Motivated Disciplined Disciplined Ambitious Ambitious Detailed Detailed Organized Organized

People Skills YOU WILL WORK WITH PEOPLE IN SOME SHAPE, FORM OR FASHION!

Vision/Mission Statement Know what product or service you want to sell and make a vision/mission statement. Know what product or service you want to sell and make a vision/mission statement.

Business Plan Layout a plan to accomplish what you want and be very detailed. Layout a plan to accomplish what you want and be very detailed. Think at least one year in advance to financially carry your business. Think at least one year in advance to financially carry your business.

Strategy Develop a business strategy Develop a business strategy Pull from educational and personal experiences. Pull from educational and personal experiences. Be creative and detailed Be creative and detailed

Success How will you build your business? How will you build your business?

Others Pull from the criticism of others to find ways to improve on plans and business strategies you have set. Pull from the criticism of others to find ways to improve on plans and business strategies you have set. Always ask customer how was their experience and what could have been done to make it better. Always ask customer how was their experience and what could have been done to make it better.

Frustration/Anticipation Always remember there will be good months and bad months in business. Stay focused at all times. Employees work just as hard as they see you working.

Conclusion Brain storm. Brain storm. Plan ahead. Plan ahead. Stick to the budget. Stick to the budget. You can always make improvements. You can always make improvements. Ups and downs. Ups and downs.