This is what I like to call the “Hip Hop Side Hustle.” Many entrepreneurs are making good money from their entrepreneurial endeavors. The question is: How? By doing it the “right way”.
The correct way is not to just rely on your hustle, but instead to create a business plan, write a business plan, and hire people to help you turn your hustle into a lucrative startup. The business plan will outline your long-term goals and the steps you need to take to achieve them.
The business plan is probably the most important document you ever write and it's the one that will be used to create your business letter of intent with your prospective investors. I've seen many entrepreneurs fall short in their business plans because they've had no business plan.
So as a first step, you need to create a business plan.
To do so, you need to figure out your desired market and what your competition is doing. Then you need to come up with a strategy for how to get there. Then you need to come up with a business plan. Then you need to come up with a budget. Then you need to come up with a timeline. Then you need to come up with a sales strategy and a marketing strategy. Then you need to come up with a marketing plan. Then you need to write your business plan.
It's not as hard as you might think. Most of the time when I talk to business people about their business plans, they say that they're just too busy to put them together. But the truth is that you can easily do it. You just need to take your time and think it through.
You can always come to me for help at www.thebusinessplanwriter.com.
The truth is that most entrepreneurs have a vague sense of what they want to do in life. We might have a specific vision for our life or idea, but we don't know exactly how to get from here to there. So this is a good time to ask ourselves what we want in life. We have to ask ourselves what we want to achieve in our life.
So ask yourself how do you want to feel in life. And by life, I mean your life as a whole. You have to ask yourself, what do you want to do in your life? How do you want to see yourself in the future? How do you want your life to feel? Now you can use this to help guide you in creating your own business plan.
0 comments: