One of the most important aspects when drafting a business plan is deciding your growth path. You may have set your plan in every way possible but focusing on the goal path can be key. Businesses won't automatically boom but when you set out realistic goals and plan how and when you feel you should achieve them will not only help your business venture to grow, but also shows that your business is developing in other areas. Rather than the most focused with it the financial area, though not forgetting its an important factor of the business too. When accomplishing business goals or growth path marks for example, introducing online shopping to your customers within 6 to 12 months of your business operating, your business will barely fail. Good luck with your entrepreneurial journey.
Step 1 - Define your vision 1:16 Step 2 - Set your goals and objectives for the business 1:50 Step 3 - Define your Unique Selling Proposition 2:29 Step 4 - Know your market 3:02 Step 5 - Know your customer 3:57 Step 6 - Research the demand for your business 4:47 Step 7 - Set your marketing goals 5:52 Step 8 - Define your marketing strategy 6:38 Step 9 - Take Action! 7:20
I watched this 3 years ago and now I have a very successful business and have made over 2 million dollars, I am grateful
Business is combination of: 10% Theory + 70% Action + 20% Time & timing. Good knowledgeable Video 👍🏼
3 Hours ago I was in my first networking event since I started my company 3 weeks ago. Everybody was talking about business plans. Me I was only thinking about my vision and my plan A, B and C if it fails. What I got out of this networking event was I need a business plan to attract investors...But I was soo confuse on how to do it. After watching this video I feel like I'm a pro...all I need to do now is an action.
Updated NEW Video WATCH PART 2 on How To Write a Business Plan [for 2022] - https://www.youtube.com/watch?v=n6ecdYd8T6o Do not forget to like, share & subscribe.
N Im 17 Im watching this to help my dad gain confidence in himself starting his own business Coz he is probably tired working for others in years..especially for those who've been treating him badly..I want these to stop frm now
Don’t be afraid to change your business plan. I’ve updated mines several times to follow the need and market for my services. I’ve learned that having a business plan a great, necessary tool that’s not written in stone.
I found this to be an excellent video. I did have to pause a few times, due to taking notes, but I felt the information was very valuable for someone who wants to start a business but doesnt have anywhere to start. I wish I would have found this video before i started my business.
remove the background music please I can't even focus on whats being said
I just created my LLC a few weeks back and although I had a semblance of what goes into a business plan, I found this to be extremely helpful. It highlighted some things that were a "blind spot" for me, and so I am grateful for this lesson. Many thanks!!
I don't know why everyone is complaining, I actually liked the background music.
I might not have an idea right now, but this video surely pumped me up!
I'm 28 months old and now I am ready to star my business!Great simple explanation thank you! mummy and pappy will be proud
And by the way the music is great for this video. please don't be discouraged by the negative comments around the background music. I've learned a lot here. Thank you so much.
14 already , I took so many notes so I can start my own clothing online store Thank you so much for this video
Such insightful video! Entrepreneurship isn't as easy as it looks. Every bit of information to help does help many. Fellow Entrepreneurs, let us change the world one business at a time!
I'm 2 and still wearing diapers while trying to figure out my business plan. Hope it's going to be a good one!
thank you sooo much for this video, i studied entrepreneurship in highschool but i couldn't remember anything, as i was watching this video it made everything clear!! thank you soo much for the great work you are doing
@otbway