Wednesday, February 9, 2011

Let Entrepreneur.com Guide You to Your Startup


Entrepreneur.com is doing something really great. For two weeks, they will offer a series: 2 Weeks to Startup. Everyday from this Monday, Kimberly Stansell will give a day-by-day guide on gearing towards creating your startup business.

“Two Weeks to Startup: Day 1. Finding the Right Fit” is the task about evaluating your skills, interests and background and finding the business that would work with them. Things to do are to think about favorite interests, think of your resume, overview your personality, and speaking with people you know in businesses you’re thinking about opening. The article includes links to tools to help find the right business.

“Two Weeks to Startup – Day 2: Research Your Business Idea” is, as the title states, about research. First, find your niche. Your niche is dependant on the audience of your product or service. Not just the audience you want to reach but the audience that will honestly go to your business. Then, conduct market research. According to the article, three important areas of research: industry information, target market, and competition. Also use public free secondary sources. Secondary sources are mostly previous market research done about your product/ service, industry, audience or competition. This article also includes forms and links to tools to help with market research.

Today “Calculating Your Costs” should post on Entrepreneur.com. 

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