Focus on Growing your Business – Part Three – Covering the Basics for FundingMay 29, 2009
Great Video of Multimillionaire Christine Comaford – Let’s Talk about FinancingMay 31, 2009
Remember, the bottom line is this: unless your top priorities are the following, you simply cannot build and keep a successful business.
#1 •Business Plan. Pain and solution; product path; target markets; intellectual property; risk mitigation; and staffing plan.
#2 •Revenue Model. Revenue streams; five-year cost/revenue projections; and break-even/profitability date.
#3 •Execution. Six-month plan; prioritizing and focus; and systematizing processes.
Focus is the key, of course, to building a business. I find that in the business model and business summary stage, keeping one’s focus can be tricky. Note that the areas of your business that are truly important are often not urgent. Sure, you’ll fight your share of fires, but are those fires ever urgent and important in the long term? If it’s someone else’s issue, toss it back. As for the not urgent and not important, well, that’s the stuff to delegate. Definitely.
Remember, you can learn more about how to create these three MUST have keys to success on June 5 and 6 at my Results Now Summit in
To your continued success!
Christine Comaford, Business Accelerator
CEO of Mighty Ventures, Inc.
NY Times Best Selling Author