Apr 17, 2021 | Articles, Sean Answers
What is the most important stage of entrepreneurship? Knowing why you want to be an entrepreneur as that will be your fuel for the challenging journey ahead. The stages follow: Idea Due diligence/ business plan Launch Struggle...
Apr 12, 2021 | Articles, Sean Answers
How do entrepreneurs bring new ideas to life? Every business starts as an idea but it is the following steps that make it a reality. Idea Analyze (business plan) the feasibility of the idea. Develop a timeline to launch Develop a strategy on how it will operate and...
Apr 10, 2021 | Articles, Sean Answers
Are entrepreneurs interested in buying validated business ideas? Buying a validated business idea is BUYING A FRANCHISE. That is why franchises have a higher success rate than a typical startup because the concept has been tested and proven to...
Apr 10, 2021 | Articles, Sean Answers
What is the hardest unexpected cost area to manage when starting a brand new business? 2 THINGS THAT ARE UNEXPECTED BUT YOU BETTER BUDGET FOR Most companies fail to budget enough for marketing so sales struggle from day one. Don’t account for weeks when no money comes...
Mar 28, 2021 | Articles, Sean Answers
If I am a new business selling one product on Amazon, how many quantities should I start selling on Amazon? With one product it better be a very expensive product with a very large margin and if not you better go for massive sales volume. Without one or the other, you...
Mar 28, 2021 | Articles, Sean Answers
What do you do when people underbid their prices just to get your clients? 3 Ways to Respond to Competitors Underpricing You Wait for them to go out of business because cheap will never last. Consider adding more value (more services, product features and benefits) to...
