Starting a Small Business: Dreaming

There are many phases to starting your own small business. Lots of steps to go through to get from that initial idea to a fully functioning business. My husband and I are just beginning this journey, and as we do so, I want to walk you through the steps we are taking based on the advice and insight we’ve received from successful entrepreneurs and my years of business marketing experience.

Phase one is at once simple. Almost like taking a breath it can come unexpectedly and give you everything you need to dive into the depths of a new adventure. It is simultaneously complex. Just like breathing, if you stop to think about it too much, you may just freeze up and forget how to get started.

Jon Acuff talks about a rule he and his wife have. He is allowed to talk through his dreams and she just listens. No questions of how or the cost from her planning brain, and no spontaneous purchases from him during this “Wow” time. When I first heard this concept, I knew it was perfect. For every dreamer out there, they probably have a close relationship with a planner. Spouse, friend, business partner, whoever that person is for you, this safe atmosphere to dream is a must.

As you start dreaming about your small business idea, find someone you can safely dream with, maybe several people even. Jot down your ideas or have your phone take a voice memo. Just keep thinking of things you enjoy, things you are passionate about, things you think will make a difference or that need changed.

Truth be told, you may not even realize you have a small business idea during the dreaming phase. You may just be dissatisfied with your job or you may have a frustration that you see a solution to that no one has thought of. While the first phase of starting a small business is dreaming, often this phase will be over before you realize you do want to start a small business.

But even if you have already begun your business or if you a veteran business owner, you should always be dreaming. It is in the creativity of imagination that we continue to grow and find new avenues for enjoyment and even profit.

The dreaming phase may be the beginning, but it should also flow throughout the life of your small business. In our family, my husband is the dreamer. He has tossed out a lot of ideas brainstorming about his goals. He has finally settled on one that is a great starting point, meets a real need, and has a low starting overhead. This dream is one that we can both latch onto, and in the coming months, I will share our journey in launching our very own small business.

Creating Wealth From Ideas

What is your business idea?

Every business comes out of an idea. Business are started by men and women who see that people want to buy a particular product and service. When you have the first vague thought about a business opportunity, you need to develop it into a business idea and models. An idea that will be converted in wealth and fortune will tell you:

1. What product and services your business will sell.

To convert your good ideas into wealth, it must be based on what you are good at. Are you good at reading and writing? Authoring books and information will definitely be a good business for you. Are you good at interpreting numbers? Investing and stocks may be a perfect fit. Good at communicating and talking to people? You may take your lion share from the marketing world.

2. Who will buy your product and services? Your customers can be individuals or the businesses; these customers may be within a small area spread over a large area like the Internet where you can reach billions of people with your product ideas globally. One of the reason’s business is channeled to entrepreneurs using wrong ideas to target wrong people. Don’t let this happen in your case.

3. How are you going to market your product and services? There are so many ways of marketing your ideas; you may leverage Internet where over 6 billion people visit every day. You may use Adverts in magazines, Newspapers etc if you don’t blow your trumpet who will blow it for you?

4. What need is my product service and idea filling? It will surprise to know that this is the major problem of so many entrepreneurs. friends, Business is all about creating value that meets people’s needs. Doctors meets health needs; lawyers meets legal problems needs; accountant meets record keeping needs; pastors meets spiritual needs; your business must meet a specific need targeting a specific problem. These four simple secret systems if rigorously pursued as I have revealed here is enough to form your ideas into wealth and fortune.

Advantages of Using Social Media for Small Business

Advantages of using Social Media for Small Business
Social media is an inexpensive and efficient way of advertising products and services. Social networking sites are a platform for small business to grow and make their mark on the market. There are lots of advantages of social media. Top nine advantages are listed below.

You can have a website or a blog for small business
It gives an opportunity to have your own space on social networking websites where you can be in contact with your customers and prospects.

Huge Exposure to Potential Customers
Social media provide an opportunity of exposure to its potential customers. There are numbers of famous websites like Facebook, Twitter, and Myspace. These sites have more than a billion users. A small business is able to get huge traffic because of these websites.

Marketing without Money
Once you have got your desired target customers and prospect its time to market your business. Online business is different from other businesses because you do not have to spend anything on it not even a penny.

Customers will find you
Small business should work on generating good contents following with keywords and phrases. Try to write articles and put them on different search engines with a link of your website and so when your customers will read your article he will follow you on your website.

Contacts around the world
There are numbers of different people living in different geographical locations but they all are connected to your business because of social media.

Innovative ideas
Small business can create original ideas. People connected to your business belong to different culture, religion or nationality. While catering their needs you can create ideas to make better connections with them.

Fan Following
If your business is able to cater its customer’s needs, then your business can have a huge list of fans. They will follow you on your website and will be willing to buy your products.

Opportunity of feedback
Your customers can tell you about your company. They can give you suggestions which in return will help your business to improve.

Profit and Sales
Small business online can generate hefty amount of profit. Sales increase with the passage of time. Online business does not require you to invest lots of money in it. What it needs is time and effort to make your business.

Execute Your Best Small Business Ideas

Is it possible to activate your best small business ideas in no time and totally effortless? Of course it’s not! To start and develop a small business from scratch, will take time, effort and some of your money.

Their is an old story that goes: after one of Ludwig van Beethoven’s performances, many people from the audience were paying him their ovations, one woman commented, I wish I would have been born with such genius. Beethoven replied : It isn’t genius, madam, nor is it magic. All you have to do is practice on your piano eight hours a day for 40 years.

That’s not what most people want to hear. The majority of all people would prefer to buy the magazine with headlines like, -loose Weight, eat as you do now-, in the hopes of finding a quick and easy solution before the upcoming class reunion, rather than start an exercise and diet program.

For most people it’s more tempting to check out a seminar promising, -become a millionaire within
months-, than it is to start a debt reduction, monthly savings plan. And they’d take their chances with a weekly lottery ticket, rather than investigate their best small business ideas.

We live in an instant messaging, plug and play fast forwarding world. Without any deeper thoughts, we bring that instant rewarding model into our business situation. We have little or none patience for the small business ideas that doesn’t produce an immediate return.

We don’t want to learn how to do something anymore, we just want to be able to do it. We don’t want to just make decent money, we want the jackpot. We want to master money and success. And we want it now.

Unfortunately, there is no such thing as an apprentice show in the small business world, where a few weeks of exercises and projects makes you a six figure earner. The only way you can win, in the best small business ideas lottery is to, first realize that it will take time, effort and some of your money. And then do what it takes, with persistence and a positive attitude.

People who are successful with their best small business ideas, know that. They know they’re not instantly gonna get their dreams fulfilled. They know that the future is in their own hands.

To build a business, is similar to build a house, stone by stone, step by step. It will take time, use that time wisely.

If you want to be successful, you need to practice and develop your skills. If you don’t, you will remain a tourist in the small business world.

Do, instead of think about doing. Achieve your goals, do not contemplate them. Execute your best small business ideas, instead of talking about them. Step out of your comfort zone, to do things and learn from it. Don’t stay in your mind numbing enclosure.

Bet on yourself by nourishing your talents through work and efforts, learn from Beethoven, that’s the only magic there is.