If you want to start a business, it is important to consider a number of important things prior to the big launch. With the Fabienne Colas Success Academy, I will go in-depth with this subject in Module 1 of our 6 Module premium online training course. But to get started, I wanted to share some basic information for you budding entrepreneurs out there! (and to get you motivated to learn more and take that next step to success!)
Here are 5 Important Things to Consider Before Launching Your Business:
1. Identify Your Talents & Expertise
There are a lot of ways to make money. But to be truly successful (and HAPPY!) in your job — it is best to do what you are truly good at and are passionate about. Identifying your best talents is an excellent first step to building a successful business.
2. Research Your Industry & Competition
Do you know how much it will take in start-up costs for your particular business? What types of products will you need to be competitive? Knowing these types of details is crucial for an entrepreneur. Try to find someone who is doing (or has done) what you want to do (and doing it well) — and study them. Some will accept to mentor or teach you – reach out to them.
3. Think About and Plan Your Budget
Once you have the details of what you need to start and operate your business, you need to get a detailed budget. From supplies to office/store space, you should plan it out as best as you can so you have an idea what you need and when you need it. If you have several areas of expertise (which many people do!) this step may be the deciding factor on what you decide to do.
4. Look Into Your Marketing Options
Do you know where you customers spend their time online? Are you launching your business to a local market only or going globally? In Module V of the Fabienne Colas Success Academy, I will present proven marketing principles that will skyrocket your sales!
5. Get to Know the Importance of Customer Service
This is HUGE! Entrepreneurs have to develop the skill sets for GREAT customer service. No matter if you are selling beautiful jewelry, starting a restaurant, or launching a craft brewery — the way you treat your customers can make or break your business. If you can’t deal with complaints gracefully and professionally, running your own business can be a challenge.
Is your brain swirling with questions? Are you excited and ready to learn more? Subscribe and stay in touch with me!
I am SO EXCITED about helping you and our motivated community of online learners with the Fabienne Colas Success Academy starting on April 24th!
I want to help you turn your PASSION into CASH. Thinking about these 5 things is a great start! From identifying your talents to researching your marketing options, as well as knowing how important customer service is for your SUCCESS — you are closer than ever to making your new business vision a reality. And I am here for YOU. I also recommend you to read my other blog post: 8 Tough Questions To Ask Yourself Before Starting A Business.
ABOUT THE AUTHOR
Award-winning actress, filmmaker, speaker and business owner, Fabienne Colas is the ‘Queen of Festivals’ and founder of a successful entertainment & media empire – which includes 7 successful festivals in Canada, the USA and Haiti; a production company and several other ventures. Founder of Fabienne Colas Success Academy, she helps people unlock their greatness, launch their products and services, reposition their brand and bring their business to the next level.