Download - Truths & Myths of Starting a Business

“Taking the ‘Scary’ Out of Star6ng a Business”

Speaker: Jan Triple>, CEO Business Success Center

October 2014

#NoScaryBusiness ©Business Success Center, Aus6n, TX 2014.

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BSC PROVIDES ALL 7 PARTS YOU NEED TO GROW!

©Business Success Center, Aus6n, TX 2014. All rights reserved.

NO FREE PARKING OR LUNCH IN BUSINESS BUT…

Image from http://guiltfreegames.wordpress.com/2010/04/25/free-parking-gazing-into-the%C2%A0abyss/ posted by John-Michael Gariepy

©BUSINESS SUCCESS CENTER 2014 ALL RIGHTS RESERVED 3

SIFT OUT THE TRUTHS FROM THE MYTHS

•  No Money •  No Customers •  All Work and No Play •  Failure

©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 4

BAD MOON MYTHS

•  Every Small Business wants to get BIG.

•  Business success is all about sales.

•  The customer is king (or queen). Sometimes…


SOME TRUTHS

•  You can’t be fired from your own business.

•  Every big business was a small business first.

•  Most millionaires (the largest percentage) are small business owners.

•  There is money to be made in your small business. It just requires work and passion.


SOME NOT SO TERRIFYING TRUTHS

•  Just like Frankenstein, every business started as someone’s vision.

•  You will work hard and hopefully smart.

•  Your partners will be your significant others/family.

•  When it gets easy, you’ll know you have made it.


DON’T BE SPOOKED

•  Every successful small business goes through 8 stages of growth.

•  You’ve got to spend money to make it. •  The more involved you are in your business

the better. •  Business owners must work “on” not “in”

their business and take the 40K foot view. •  You need to see your business as a whole

with all parts integrated.


3 KEYS TO BUSINESS STARTUP SUCCESS

1. Right model 2.  Right concept 3.  Right customers (who will pay the right price)

DON’T BE DISCOURAGED

There are many paths to take, and lots of people willing to help.


LET’S CONNECT


Jan Triplett, Ph.D Phone: 512-933-1983 Email: [email protected] Follow me & BSC on twitter, linkedin & Facebook Please complete the eval & slide/meeting request Become a 1st Looks Mentee! Participate in LinkedIn Group: Mentor Zone

Upcoming BSC BOSS Events OCTOBER ACTIVITIES •  BOSS-‐‑Talks Inspiration Online Meetup: How I Learned to Love Retail Noon-‐‑1, Monday10/27

NOVEMBER •  BOSS-‐‑Talks Infrastructure: Are you Ready to Grow?, Part 2 11:00-‐‑11:30 Thursday, 11/6

•  Applications due for November First Looks, Nov. 10 •  BOSS-‐‑Talks Tech Meetup: MiniTrends, Noon-‐‑1, Monday

11/10 •  BOSS-‐‑Talks Inspiration, Noon-‐‑1, Tuesday 11/18 •  First Success webinar: Math in Your Path, 5:30 Tuesday,

11/18 •  First Looks Mentoring Night, Tuesday, 6:00 Nov. 18

RSVP: hNp://www.eventbrite.com/o/business-‐‑success-‐‑center-‐‑219838170

©Business Success Center, Aus6n, TX 2014. All rights reserved. 13

Download - Truths & Myths of Starting a Business

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