What the hell is a business plan, why do i need it?
I for the longest time didn’t think that i really needed a business plan, I thought it was a load of crap and wasn’t needed. .
But I thought i would give it a go for a business i was involved in, and too my surprise once i started writing it I found out that i learnt quite a lot from it?
You will find that you need one should you need funding from a bank or a VC, if you don’t they will not touch you. .
The plan helps you define your business and sets out a definite chief aim for the business, what it is you are doing, how you plan to achieve it and what things you might need along the way, including such things as capital. .
It helps you figure out what tools you might need and what the process is needed for you to follow. Also during writing you will figure out the industry you are in and who, or what is your main competitor. .
You might want to include some financial projections if you are talking to a bank or VC as they would want to see the money situation. .
If you are just starting out, i think it is quite a good idea to write one, even if it is only for your self at this stage it will give you a little bit of learning, maybe help with the process you will need to follow, and put you in the right way of thinking. .
It doesn’t need to be massive, but i think it’s a good start for any business. #norge#business#startingabusiness#startuptips#startups#startup#hardwork#businesstips#businessstrategy#entrepreneur#entrepreneurship#entrepreneurmindset#businessadvice#stratergy#startuptips#pricingstrategy#smallbusinesscoach#workfromhome#hardwork#effort#strength#stevetellsithowitis#havefaith#positivethinking#businessplan#writing#giveitago
Creation means giving of yourself. You have something within you that is valuable and unique. Something that you can use to create all the wealth you could ever need or want. Perhaps it is your fascination with sports, perhaps it is your skill with programming computers, or your ability to bring people together, or your knack for selecting appropriate colors. Maybe it is your extensive network or contacts, or your dedication to physical fitness, or your ability to compose music, or your skill at repairing machinery. It’s probably a combination of things, and almost certainly something you enjoy. We find satisfaction in things we were meant to do.
Stop thinking about “getting” and “taking.” Start thinking about “producing” and “creating". Within any situation, there are opportunities to make a positive, valuable contribution.
Peace,Love and Blessings folks. Give thanks and praises.
1 84 minutes ago
The last 100.
September is often referred to as the new January. It’s hard to ignore that back-to-school feeling, even if it’s been years since we last stepped into a classroom. For me, September has always felt like a time of change, renewal and reflection, that leaves me feeling inspired. This year, that inspiration comes from the number, 100. For senior executives, 100 days has become a widely recognized measure of a leaders’s effectiveness and sets the tone for their success. As of today there are 100 days left in the calendar year, and it got me thinking about the many ways the last 100 are as important as the first.
As an entrepreneur it’s easy to be so focused in the business that it’s hard to focus on the business. But as we look to the last 100 of 2018, there’s no better time than now to reflect on what you’ve accomplished and what can be achieved.
0 54 minutes ago
🗣 I help women launch their 🤗dream business in 6 weeks so they can finally break free from their ❌ JOB
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Sometimes, just sometimes enough is enough! I have had to be really strict with myself and had to switch off! Leaving my phone back in the hotel room whilst going to the beach and resisting checking emails, messages, notifications.
Listening to the sea, listening to the thoughts in my heart and most importantly reflecting and respecting what’s important to me right now.. right in this moment of time 💕
I was dreaming of bigger things and wanted to live my old life behind... Not a "yes sir", not a follower... The kids were laughing in my classes, saying who do you think you are dreaming about being a big star but now I'm smiling from the stage while they're clapping for the dream they said was impossible. NEVER GIVE UP - Imagine Dragons
Follow 👉@dnameis 👈
1 37 minutes ago
Consider This for a minute...
The largest transportation privider in the U.S doesn’t own a SINGLE CAR = Uber 🚗
The Largest movie company doesn’t own ANY movie theatres = Netflix 🎥
The largest hotel company in the world doesn’t own a SINGLE HOTEL = Airbnb 🏡
Amazon just passed Wal-Mart as the nation’s BIGGEST retailer and they don’t own a SINGLE Store 💻
If you haven’t realized you need to build a real skill or somewhat get involved in the online space then you need to rethink yourself.
I imagine over the next 10 years, more people will master making money online & it will get more complicated to the point where only the best will win, But until that happens, people who take advantage today will benefit most. 💵
I know the saying.."Nobody was ever wrong paper trading"😂 but if you take it seriously then it can be very valuable to your trading education
Before you go live trading any new setup you should diligently test it out first
Many people today like to back-test with trading software but call me old school. I paper trade and have manually tested out any trading setup I've ever used. Manually testing also frowns your EYES to see the setups
I've looked at thousands and thousands of hypothetical trades over the years.This is my love of the game! I enjoy it. This is putting in the work...so the results can follow
HERE IS HOW TO DO IT EFFECTIVELY:
Write your specific rules down
Make a quick spread sheet with.. Stock name, dates and prices for entries & exits, risk, P/L, notes
Test your strategy on different stocks and test them over a long period of time. This way you see how it plays out through different market climates
Test a setup a minimum of 100 trades. This gives you a good source of data to see if it's worth testing more. I can be obsessive so if at this point the setup looks good I will test it a few hundred times
Test a strategy by tweaking some of your parameters to see which way works best so you can optimize your setup
After back-testing I will paper trade trades as they set up and see how they play out for a while (a simulator can be used here if you like)
Manual back-testing/paper trading lets you also get comfortable with a particular setup; while using a computer you don't get to know the setup as well
When I go live trading a new system I have confidence & a belief in it. Spotting these patterns become effortless because of how many times I've saw them while testing
Eventually you will have to risk real capital when trading. I would much rather do so when I believe I have a viable system to trade..PAPER TRADING WILL SAVE YOU A TON OF MONEY
One more thing.. Be honest when doing this or you will only be fooling yourself
0 311 minutes ago
Goodbye for now Utah. Thank you doTERRA. You've blown us all away again!! It's with such gratitude and clarity I come home. Hello Florida, thank you for my life. For now I rest... then ONWARD. ☺💜 #live#well#createhope#doTERRA
Even with your life firing on all cylinders, don't you feel there's something greater destined for you?🌏
The difference between #millionaires with #businesses and #billionaires with EMPIRES is this 9th Commandment of Success: VISION.🔑
If you’re serious about making 7-figures in the next 12 months follow @jasoncapital for more💸✅