top ten mistake to avoid to set up your dmit company
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Asian Dermatoglyphics Research Centre
*(As a Master Franchisor Company)
… and how to avoid it….
The TOP 10 mistakesof DMIT
Entrepreneurs*
Asian Dermatoglyphics Research Centre
1)Multiply N number of customer with 1 revenue model.
May be you have 10000 or 100000 number of customers..but don’t stop the value creation from your customer for only 1 test in his life time.
Asian Dermatoglyphics Research Centre
2)Scaling too Soon
No experience in DMIT report selling
Lack of knowledege in Dermatolgyphics
No experience in how to consult report
No prober marketing plan
But start recruiting people join as franchisee and hope them they can sell report for you.
Build your own foundation first.
Asian Dermatoglyphics Research Centre
3)Partnering
Choose your right partner.
Here is the sequence of qualification:
1st integrity
2nd motive/willingness
3rd ability
4th money
Asian Dermatoglyphics Research Centre
4)Pitching with no Prototyping
Don’t pitch your investor before you have a prototype product.( Dermatoglyphics)
Investor won’t invest on you because you know something which is profitable.. They invest on you because you have some project which profitable and you yourself is committed and running the business.
Asian Dermatoglyphics Research Centre
5) Doing Things serially
You need to have a holistic plan , to build a platform for you distributor’s financial future.
How to generate the customer automatically?
How to expand your distributor network organically and
What is your Automated DMIT Distributor Generation System?
To be continues…..
Asian Dermatoglyphics Research Centre
6) Find your Right Supplier
How to find your right technology supplier
How to find out where is the real origin source ?
If the company is doing the report selling and selling franchisee program which is similar with what you want to do, Will they transfer every thing of the DMIT technology to you ? Will they tell you all the trade secrets which make you become his future competitor?
Real technology transfer company are too busy to take care of report selling and franchisee selling.They leave the profitable market to local operator. They only focus on 1 thing ---to help their client to success in order to success. There is no conflict of interest to teach you everything and all the secrets of running your company
Asian Dermatoglyphics Research Centre
7. Profit or Perfect
You can choose to launch your product after everythings is perfect
You can choose to start selling and get profit with minimal viable product that you have.
Never wait everything until perfected. You can start selling now.
Asian Dermatoglyphics Research Centre
8)Vague Business Model
How can you describe your business model?
Who is your customer segment?
What is you value proposition ?
Where is your Channel?
How many revenue models you have?
What is your assets and resources?
Who is your key partnership?
And when you can choose to destroy your current model and evolve a new one?
Asian Dermatoglyphics Research Centre
9) Start your business with the purpose of earning money only MONEY is good and money is important
If a company cant make any profits , it is a sin.
But if you start your company with the only purpose of earning money only.. You will stop it when you have the money.
What is your mission statement? How you can make the world a difference? What will happen if you assisted everyone know what is their true talents?
People don’t buy what you sell, they believe what you believe and buy why you do it.
Asian Dermatoglyphics Research Centre
10) Top Secret….
Please contact ADRC for futher information
www.Dermatoglyphics.asia
Asian Dermatoglyphics Research Centre
Asian Dermatoglyphics Research Centre
Thank You For Downloadingand reading.
More enquiries about OEM and Technology Transfer you can further contact us.Thank you.
Asian Dermatoglyphics Research Centre
We help people to setup DMIT company with their own brand by using our latest technology and DMIT Startup Solutions
If you want to create your own brand and totally control the master software and all the revenue models
If you are planning to expand franchisee nationwide or even global
If you want to know the secret of successful DMIT company and how to expand 450 franchisee in 3 years
If you want to know the secret of multiple revenue model in DMIT business
If you like to train and certify your organization by ADRC
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