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Starting a business shouldn't be scary but the myths of failure stop people. before they start or start to grow. This was presented to the Launch Pad Job Club in Austin, Texas.
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“Taking the ‘Scary’ Out of Star6ng a Business”
Speaker: Jan Triple>, CEO Business Success Center
October 2014
#NoScaryBusiness ©Business Success Center, Aus6n, TX 2014.
All rights reserved. 1
BSC PROVIDES ALL 7 PARTS YOU NEED TO GROW!
©Business Success Center, Aus6n, TX 2014. All rights reserved.
NO FREE PARKING OR LUNCH IN BUSINESS BUT…
Image from http://guiltfreegames.wordpress.com/2010/04/25/free-parking-gazing-into-the%C2%A0abyss/ posted by John-Michael Gariepy
©BUSINESS SUCCESS CENTER 2014 ALL RIGHTS RESERVED 3
SIFT OUT THE TRUTHS FROM THE MYTHS
• No Money • No Customers • All Work and No Play • Failure
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 4
BAD MOON MYTHS
• Every Small Business wants to get BIG.
• Business success is all about sales.
• The customer is king (or queen). Sometimes…
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 5
SOME TRUTHS
• You can’t be fired from your own business.
• Every big business was a small business first.
• Most millionaires (the largest percentage) are small business owners.
• There is money to be made in your small business. It just requires work and passion.
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 6
SOME NOT SO TERRIFYING TRUTHS
• Just like Frankenstein, every business started as someone’s vision.
• You will work hard and hopefully smart.
• Your partners will be your significant others/family.
• When it gets easy, you’ll know you have made it.
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 7
DON’T BE SPOOKED
• Every successful small business goes through 8 stages of growth.
• You’ve got to spend money to make it. • The more involved you are in your business
the better. • Business owners must work “on” not “in”
their business and take the 40K foot view. • You need to see your business as a whole
with all parts integrated.
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 8
3 KEYS TO BUSINESS STARTUP SUCCESS
1. Right model 2. Right concept 3. Right customers (who will pay the right price)
ARE YOU OWNER MATERIAL?
1 2 3 4 5 6 7 8 9
10
1 2 3 4 5 6 7 8 9 10 Willingness
Desire
©BUSINESS SUCCESS CENTER 2014 ALL RIGHTS RESERVED 10
DON’T BE DISCOURAGED
There are many paths to take, and lots of people willing to help.
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 11
LET’S CONNECT
©BUSINESS SUCCESS CENTER, AUSTIN, TX 2014. ALL RIGHTS RESERVED. 12
Jan Triplett, Ph.D Phone: 512-933-1983 Email: triplett@ownersview.com Follow me & BSC on twitter, linkedin & Facebook Please complete the eval & slide/meeting request Become a 1st Looks Mentee! Participate in LinkedIn Group: Mentor Zone
Upcoming BSC BOSS Events OCTOBER ACTIVITIES • BOSS-‐‑Talks Inspiration Online Meetup: How I Learned to Love Retail Noon-‐‑1, Monday10/27
NOVEMBER • BOSS-‐‑Talks Infrastructure: Are you Ready to Grow?, Part 2 11:00-‐‑11:30 Thursday, 11/6
• Applications due for November First Looks, Nov. 10 • BOSS-‐‑Talks Tech Meetup: MiniTrends, Noon-‐‑1, Monday
11/10 • BOSS-‐‑Talks Inspiration, Noon-‐‑1, Tuesday 11/18 • First Success webinar: Math in Your Path, 5:30 Tuesday,
11/18 • First Looks Mentoring Night, Tuesday, 6:00 Nov. 18
RSVP: hNp://www.eventbrite.com/o/business-‐‑success-‐‑center-‐‑219838170
©Business Success Center, Aus6n, TX 2014. All rights reserved. 13
Here’s to your success!
©Business Success Center, Aus6n, TX 2014. All rights reserved. 14
Jan TripleN • tripleN@ownersview.com• 512.933.1983 #NoScaryBusiness
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