Tag: Business Compendium
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Your Contract to Yourself
This is the final step of poking around in your head before the business planning nitty-gritty (research and development). We are going to write your contract to yourself. It is vital we go through the yards of examining your underlying intentions – examining, confirming and building the psychological foundations for you to survive and grow…
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Your External Purpose
Your external purpose is opposite to our previous task of looking into your personal intentions in this business that you will start (or have already started). In this exercise you will be asking yourself what your product or service would allow your clients and consumers to do. Remember to write your ideas, then commit yourself…
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Your Personal Purpose
As you can see, if you have followed the steps of planning your business, it isn’t always about getting down to business. The goal is to succeed in the long-term, and we all know that most businesses go belly up in the first years. This due diligence allows us to explore our underlying drive which…
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The Importance of Why
Asking the “why?” question in an important step in your business development. You will continuously be bombarded by people cutting you down and challenging your dreams. That is why it is important that you need to understand your own personal underlying reason you want to start your business. The answer to the “why” question will…
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Make Your Ideas Your Own
After taking your well-earned break and letting those ideas percolate in your head, it is now time to make your ideas your own. What do I mean? How do you do this? Well to make your ideas your own, to make yourself believe that those ideas ARE your own, share them with your trusted friends…