What might we learn from companies successfully started in tough, turbulent economic times? More than you’d think when you consider Fedex, HP, and Apple rose from ashes similar to those we’re experiencing now.
Lan Nguyen, today, outlines some great Tips for Downturn Entrepreneurs on TheStreet.com including, to name a few:
- Study the market
- Take the long view
- Recognize that a great idea is only half of it
Give the article your attention as lessons therein are invaluable.
Knowing resources are scarce, and time precious, when starting a business in such an economy, Outright.com has partnered with Network Solutions to organize a suite of resources for these Unintentional Entrepreneurs. Save time and money on your back office, eliminating the cost and hassle of bookkeeping, with Outright.com and Network Solutions will provide a free domain and business profile web page to get you online. All you have to do is get started.
Up and running, spend some time with entrepreneurs to learn from their experience, avoid the costly mistakes that you can ill afford to make, and capitalize on the efficient resources available to you. Starting in San Francisco and Los Angeles, Unintentional Entrepreneurs are getting together to help one another. In San Francisco, register now for the free event being held at Langton Labs on July 15th at 6 pm.
The tour follows entrepreneurs to BLANKSPACES in Los Angeles, on the 23rd, with registration open now, and heads east to Atlanta, New York City, and Washington D.C. Subscribe to unintentionalentrepreneur.com for details surrounding the forthcoming events. Food and drinks, on hand, take care of dinner for the evening and veteran entrepreneurs make for good conversation.
Exactly, a good idea is only a small portion of what it takes for that idea to really get rolling. Many people don’t realize what it takes to get a business really rolling.
One of the key things to starting a business is getting the most out of your resources. For instance, if you can get IT services, phone services, conference space, etc. out of your office space provider, then that is a few more steps ahead of where you would have otherwise been.
Creating a blog that makes money is also a good way to maximize ones resources. This can be summed up in ten ways:
1. Choose a Topic
2. Transform the topic into a brand
3. Research the Brand
4. Assume a personality
5. Create the Content
6. Creating the blog
7. Promotion
8. Update and maintenance
9. Reaching out online
10. Reaching out offline