Jun 30, 2020 | Articles, Sean Answers
What are revenue streams in a business model canvas? A business can create countless revenue streams 7 Common Business Revenue Opportunities There is service work Product profit Rent space or equipment Lease out talent/ expertise or consulting Own additional companies...
Jun 30, 2020 | Articles, Sean Answers
What are good examples of successful exit strategies in a career or small business? When is it time to EXIT your small business or career job? You have the financial resources to allow you to stop or to change what you are doing. You have a passion to do something...
Jun 30, 2020 | Articles, Sean Answers
What are some ways to start a business? HOW DO GREAT BUSINESSES GET LAUNCHED? Start with an idea that meets a need, solves a problem or satisfies a want Challenge this idea will work (is there a wanting customer that you can attract who will pay your price?) What will...
Jun 30, 2020 | Articles, Sean Answers
How can a firm avoid common hiring mistakes? KNOW WHAT THE COMMON MISTAKES ARE Common mistakes to bad hiring: Hiring the first person who looks good. Not giving a trial period Vetting their application or resume Hiring average people and not exceptional people Clearly...
Jun 30, 2020 | Articles, Sean Answers
What should you avoid in a pitch to a venture capitalist? BEST TIPS WHEN PITCHING TO A VENTURE CAPITALIST Keep it brief and to the point. You want to grab their attention first with why this is a profitable idea and why they should want to invest. Once you do this...
Jun 30, 2020 | Articles, Sean Answers
How do successful salespeople land customers? Just like fishing, in that, great salespeople know who is most likely to buy the product/service they are selling and they target that person with a sales pitch that prompts this person to buy what they are...