"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
A crash course in changing the world.
10 Steps to make your business idea a reality
- STEP 1. Brain storm a possible business or a franchise idea that will utilize your talent and skills. Do not wait for the perfect idea to materialize; this will only cause delays in getting started. Generate an idea, product or service, that you will promote.
STEP2. Start and finish the research without delay. Research business ideas that interest you. Find out if there's a need for the product or service you'll offer or if one can be created. Also, find out what the research says about the competition.- STEP3. Name the company if you still believe in the idea after the research is complete. Check for a previous copyright to make sure that the desired business name is available sometimes referred to as Doing Business As or DBA.
- STEP4.Decide if the business is a sole proprietorship, partnership, etc. There are pluses and minuses either way. In regard to a partner(s), choose one that is loyal and trustworthy.
STEP5.Create the business plan during or immediately after the research. Get a software package or hire a professional; don't hesitate to invest a few extra dollars to get this done.
STEP6. Depending on the structure of the business, get required licenses, Employee ID number, etc. Do this as soon as feasibly possible.
STEP7. If it's a home-based business, prepare the office space with computers, phones, printer, fax machine, copier, and office supplies. If new stuff is out of the question, buy low cost or used office furniture.
STEP8. For a business outside of the home, price furniture, determine office space needed, choose desired location, and estimate overhead costs. Also, consider if the location is customer friendly: good parking space and safe environment.
STEP9. Enlist a team of professionals to get the business up and running, for instance, financial backers, ad agency, marketing specialist, and/or graphic designer for business logo.
STEP10. Tell only those who support your vision of a business or franchise; don't invite negativity from anyone who may envy what you're doing. Now is the time to move the business beyond dreaming into reality.
Views: 16
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Comment by Cian Gregory Accuardi Shelley on March 11, 2010 at 2:10am
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solid program
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Comment by glim on March 13, 2010 at 7:41pm
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nice! way to break it down into concrete steps. very usefull
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Comment by Shakwei Mbindyo on March 13, 2010 at 8:01pm
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Thanks for shararing Stefano. Do you think there is a difference when you are starting a regular business and a social innovation?
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Comment by Stefano Viaggi on March 13, 2010 at 10:43pm
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Yes, there are differences, especially about funding. But there also a lot of similarities when it comes to the process. I've not experienced a social business yet, but I feel that the sense of fulfillment that derives from a sustainable, effective social enterprise is way superior to that of continuously trying to maximize the profits of few people.
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