In a world where business innovation and setting yourself up for success ahead of the game from the beginning is vital, Sam Kahn has come up with eight ways to support those that are wanting to gain clarity and begin to implement their new business.
Be Proactive
The biggest issue that stops people from achieving their dreams of becoming business owners is procrastinating or being too scared to take the first step. It can be daunting, to begin with, especially if it is your first business or the first time you have brought one of your big ideas into fruition. The key is to put one foot in front of the other as you embark on the journey.
Be Discerning
Ensure your idea is a viable business idea and not just a basic idea that isn’t really a need for people. The best way to determine this is to begin sharing it with your close family and friends, as well as a respected business mentor, in order to gain proper feedback and advice. This will also get the ball rolling with different strategies or may help you improve certain aspects of the implementation stage.
Current Market
The most important next step is conducting market research on your chosen industry. You can conduct your own research on this or you can purchase an industry report which will save you time. This will allow you to determine whether your business and idea have potential, or whether you will be wasting your time.
Be Prepared
New business concepts or new strategies and ideas will come to you in random moments. Sam Kahn says that some of his best ideas have come to him when he has been laying in bed at night or when he is making breakfast for his family. The best advice he has is always to have a notepad with you, or a recording device to record your thoughts. This can be a great way to form a starting point to expand on at a later date when you have the time to elaborate and explore.
Audience
Getting clear on who exactly you are
serving and what this specific client actually needs from you. This will help
you in the later stages when it comes to marketing and implementing or
strategizing. Some questions to consider are;
- Is this product or service something that your
target audience actually needs?
- How is this best going to support them or make
their lives easier?
- Am I targeting the right audience with this
product or service?
- What are the key attributes of the client I am serving? E.g how do they spend their days, what are their hobbies, what do they do for work.
Work Backwards
Map out your client/customer journey from end to beginning to work out the relevant steps needed to implement and take action. This will help you gain clarity on what areas you will need to focus on, where you need to seek support, and what systems or processes you may need. Start with what the final product or service is, then work backwards in the process for the client and for you and your future team.
Recharge your Batteries
When you first start out in business
most people think that spending every waking hour of the day working on it is
the way to go. Unfortunately, most people learn the hard way that this is not
the most efficient or effective way. Ensure you are giving yourself plenty of
breaks and time away from the work, as this will allow for new ideas to come
through and ensure you are not heading towards burnout from the get-go.

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