FACT: MORE THAN HALF OF NEW BUSINESSES FAIL.
But I know that doesn’t have to be the case.
Become an Entrepreneur
The New Business Blueprint is a step-by-step guide to growing a successful business. Learn to build the foundation you need for long-term success:
- Take a 360-degree look at your business idea
- Find gaps in your business model and fix them
- Launch your business ready for success
You have an Idea to start a business and now you are ready to take the next step and make your dream a reality. I know the road to being an entrepreneur and starting your business is not easy. In fact, next to marriage or having kids, it’s one of the biggest, toughest and most intimidating decisions you’ll ever make. No one wants to fail and put their livelihood at risk. It’s terrifying, I know. Unfortunately, for most, the dream of being an entrepreneur remains just that, a dream. If you are like most people, you think about it and want it but don’t take action to make the business a reality.
Knowing how to get started and where to begin are among the greatest challenges for a would-be entrepreneur who wants to take a new business idea from concept to reality. There are plenty of great resources available to support new entrepreneurs, but often times, not knowing where to begin and in what order to take the steps, is the greatest obstacle that prevents these would-be business owners from pursuing their dreams of self-employment.
The feeling of not knowing where to begin to take your new business idea from concept to reality is frustrating to say the least. It’s as though you’re lost in the middle of the forest without a compass or a map. You know that you want to be home but you don’t know which direction will take you there. That feeling of not knowing the proper route to take to get you to your destination causes ‘freeze anxiety,’ which makes you fearful of even taking that first step because you don’t want to head off in the wrong direction.
Would-be entrepreneurs often tell me they feel the same way. They know they want to start a new business but the many unanswered questions they have hold them back, preventing them from taking the first steps. Some of these key questions include:
- How do I know if my business idea is valid?
- What are the most common mistakes new entrepreneurs make and how can I avoid them?
- I don’t have any business experience – is it still possible for me to launch and grow a successful business?
- How do I identify the resources I need to launch my business?
- How do I know which is the best legal structure for my new business?
- How do I figure out how much money I need to launch my business?
- What are the different ways to finance or fund my new business?
- What happens if I fail?
The list goes on and on. In fact, once you get started listing these questions, the list doesn’t seem to stop growing.
I volunteer as a startup mentor for a couple different organizations that support new entrepreneurs. In my many conversations with new and would-be entrepreneurs, I find that what stops people the most is that they don’t know how to take that vague or fuzzy business idea and make it concrete or tangible. They have a general idea of what they want to do but no clear plan or know the steps they need to take to actually start the business and make it a reality. Even me—and I have been an entrepreneur almost my entire adult life—sometimes struggle with taking an indistinct business idea from concept to existence.
But being a problem solver is one of my greatest gifts or talents. I was raised by a single mom and she always used to tell me, “If there is a will, there is a way.” As a child, I was always a voracious reader and stories about problem-solving and overcoming obstacles were some of my favorites. And what I learned is that the path to solving any problem is to break it down into manageable steps or processes.
Because I love starting new businesses and because I’m passionate about helping new entrepreneurs to build successful businesses, one day I set about to create a simple to help would-be entrepreneurs navigate the process of taking their business ideas from being just a vague concept to a fully operating, profitable business. I refer to this process as the New Business Blueprint.
Using the simple, step-by-step process outlined in the Blueprint, anyone, anywhere, can turn their business concept idea into a fundable, ready-to-launch business model. I started my first successful business when I was 21. At the time, I hadn’t even finished high school, having dropped out when I was 16 because I wanted to work. I eventually did go back to school and now have graduate degrees. But thanks to the process I developed, the lack of a formal education did not stop me from becoming a successful entrepreneur. And the process I use–the New Business Blueprint–can help you do the same, regardless of your background or current circumstances. I have used this same process with persons from all walks of life and with enormous challenges to overcome, to turn their ideas into highly successful, profitable businesses.
I’ve seen a number of ‘how-to’ guides developed to walk new entrepreneurs through the process of launching their new business. However, what I find frustrating about most of these guides is that they assume that the would-be entrepreneur has a certain level of pre-existing knowledge about key business concepts. In practice, I find that for many potential entrepreneurs, this just isn’t the case. People who are young, have limited work or business experience, didn’t attend business school, or have spent most of his or her life working in a corporate or organizational environment, pre-existing knowledge of business operation concepts might not exist. But that doesn’t make any of these people any less qualified to launch and grow their own successful small business.
I have helped people with little formal education and no entrepreneurship experience whatsoever, to build solid, profitable businesses. These successes were built around the New Business Blueprint and the set of tools and resources it encompasses. I designed the New Business Blueprint to help would-be entrepreneurs who are ‘lost in the woods’ to:
- Understand where they right now
- Understand the most common mistakes new entrepreneurs make and learn how to avoid them
- Develop clear, attainable goals about where they want to be
- Identify the resources and assets they have available or can access (Asset Map)
- Identify the resources they need to get to where they want to be (Resource Gaps Analysis)
- Learn how to take that information and create a blueprint or map that will lead the entrepreneur from being ‘lost’ in the woods to the desired endpoint (successfully operating business)
- Learn how to use performance metrics to monitor progress along the way
As a mentor to small businesses, entrepreneurs and startups, lack of time is one of the greatest challenges I have. Even if I were to work 24-hours-a-day, I still wouldn’t be able to provide one-on-one support for all of the entrepreneurs who come to me for guidance. Creating the New Business Blueprint and making it available as an e-course enables me to share my knowledge and experience with a broad audience. And by using this format, I’m able to step in and provide one-on-one guidance for those who need more support and guidance.
If you are one of the many would-be entrepreneurs with an idea for launching a new business but just don’t know where to start, take a look at my e-course, the New Business Blueprint: An Entrepreneur’s Guide to Success. Take the quick, 7-question assessment that will help you determine if my eCourse is right for you and receive a free copy of my latest e-book, The Definitive Guide to Growing and Launching Your Business with Government Grants.