How to Start Your Business
March 20, 2017
How to Start Your Business
I continue to get a lot of questions on how to start a business. Immediately, I hear a problem. You don’t want to start just “any” business. The goal is to start “Your” business. Unfortunately, that’s not what is being taught.
If you’re reading this blog, you want to know how to start something so you won’t have to work a 9-5 job anymore. Someone either upset you or you’re upset at them. The pay isn’t enough.
Have ever heard the term of what a J.O.B. stands for?
J.O.B. = Just Over Broke.
If you’re ready to start a business and looking for a checklist, I’ll include a general guideline of what needs to happen to begin a nonprofit or for-profit company. The checklist of starting a business is simple, but how do it can be challenging. If ready to start, here are the 5 steps:
- Complete the documents needed for you to receive your Federal EIN (aka, Employee Identification Number)
- [Your State] Secretary of State
- [Your County] County Office
- [Your City] City Licenses and Permits
- Open a Business Bank Account
For those who want to continue reading, here’s how you can keep the doors open. As I learned a long time ago, “it’s easy to start a business, but harder to sustain it.”
No One Ever Got Rich Working a 9-to-5
You’re starting your business because you value time. In addition, there’s a market opportunity to meet a demand. I’m sure you’re ready to take your idea–either a service or a product–and make it your full-time job.
For me, I realized my job was barely paying the bills and I wanted more. Time was just flying by. My perspective of how things were done wasn’t efficient or productive. I didn’t have any time for family and friends and was unhappy with my circumstances. In other words, I couldn’t settle for mediocrity.
I needed more. The entrepreneur in me wanted to be free.
Does any of this sound familiar?
If so, you’re ready to take the next step to have financial freedom, be your own boss and enjoy your God-given skill sets and gifts. No one’s going to do it but you. The time is now.
Build Your Brand
When starting your business, I believe the biggest ‘advice’ that is left out from non-entrepreneurs is to create a recognizable brand. They’ll tell you to write a business plan or design a logo. Most of them do a lot of talking without hearing your idea, concept, product or service. That’s a red flag.
Your brand will represent and embody the organization. I like to hear whether or not you fleshed it out. Again, it’s the brand. It will be your first impression and lasting experience people will remember.
With the above video, I make five key points to ponder. I’ll encourage you to allow yourself to crockpot this overnight because filling out the forms to start your business won’t take that long if you know what you want. Sustaining your business can be a lifetime if you do it right because the 5 branding points will never allow you to rest on your laurels.
The 5 key points are the following:
1. Be Distinguishable; 2. Serve a Purpose; 3. Create a Loyalty; 4. Have Value; and 5. Help Others.
I wish your business much success. Many blessings!
Enjoy the video!
I write this because my business is personal because this service is for the advancement of all humanity. My failures and successes are for your gain. No strings attached.
Nathan A. Webster, MBA
Consulting | Marketing | Web Design
I was born, raised and currently residing in Vancouver, WA. Grateful to have an entrepreneurial life that allows me to use my God-given talents to help others pursue their passion. I'm blessed to be educated (MBA-Operations) veteran (US Marine Corps) who enjoys the community with all my family members (blood and adopted).
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