Mitigating Risks for a Start up
Back in the early days of running my own businesses, I just believed that if you came across an obstacle, all you needed to do was to work harder and a bit faster to overcome it, then move on to the next one. Well that worked for some of them but soon it became apparent that not all obstacles could be handled in the same way and not all obstacles could be overcome, some needed to be avoided.
So I set out to list all the various ways small emerging businesses fail and then began working on ways to avoid these. This formed the foundation to two tools that we use in the Entrepreneur Incubator now to assess and forewarn our clients to what could be lurking just around the corner. To learn more about these tools join us on one of our webinars or download the eBook with full details.
Our first tool, the Business Idea Filter, is a well used tool that is designed to assess in a non-emotional way any new business idea. A really easy to use and revealing tool. We have used this to decide not only on new business ideas but also on asset purchases such a vehicles, machinery as well as business partners and once even to assess a potential girlfriend for one of our clients.
The second tool is the Business Feasibility Assessment. This tool is based on the Porters 5 Forces Model, and allows any business owner to assess their current business, no matter what stage they are at, to see how feasible it is at that moment. This tool has proven to be a life and money saver as potential hot spots have been revealed that we have been able to either avoid or plan for well in advance.
These two tools will be discussed online during our regular webinars. During this one hour session we will go through the tool, discuss how it works, then send you the full eBook with the full tool for you to use over and over again in your business. Check out our scheduled Weninars here or just download them from our Toolbox here to read through at your own time.
Being a proactive business owner goes a long way to managing a profitable, more productive business.
Online Coaching for all
The Entrepreneur Incubator has retooled some of our offerings and we are now able to offer coaching, education and support for Entrepreneurs across the globe online at a massively low cost.
Our webinars (online seminars) will be offered on a regular basis with up to 3 presented each week. These together with eBooks and downloadable notes and videos we aim to reach a wider audience of emerging business owners at a more affordable cost.
Our FREE webinars will be run weekly and cover topics of a general nature that will assist people to gear themselves up to start a business then moving on to our paid-for webinars that offer more meat and fat to develop both you and your business.
Check out our offering each week here and signup for the next online course that could just give you that boost you need in business.
Our FREE webinars will be run weekly and cover topics of a general nature that will assist people to gear themselves up to start a business then moving on to our paid-for webinars that offer more meat and fat to develop both you and your business.
Check out our offering each week here and signup for the next online course that could just give you that boost you need in business.
Could you be a Business Coach?
Are you LOOKING FOR a change in your business life for this year? Need some challenging, yet profitable project to get you on a new tack in life? Become a BUSINESS COACH , it is not as hard as it first seems.
The Entrepreneur Incubator is looking for individuals who have some business experience, are willing to do a little leg work to get going and who live in the Cape Town region. Further to this you should have access to transport, internet, CELL PHONE and a bunch of enthusiasm.
If you have what it takes to join the ranks of our Business Coach Association and want to know a bit more about what we do and how it works then we invite you to click here to check out our WEBSITE and if you are still interested to register to attend one of our Look In session where we will have a chance to discuss the process and details with you.
This is not a free ride to wealth or a GET RICH QUICK SCHEME , but a real chance to begin to develop a sustainable, profitable business for yourself. If you are serious enough, we want to hear from you.
We look forward to having you join us as one of our Business Coaches.
What Does My Future Hold?
Knowing what you are equipped to do in life makes it a lot easier to map out your future. Today there are so many books, tools and tricks that claim to know the secret of success, but in reality they are just stories of what other people have done TO BECOME RICH and they expect you to follow their steps to do the same.
But it becomes evident very quickly that their life, talents and opportunities are VERY DIFFERENT to our own and soon we are worse off than when we began. The actual secret in life is to understand who, what and why you are, then go out a do something about it. John Maxwell says “Find out what you do well, and do nothing else”. At first this may sound strange and even contradictory to what we think to be true, but if you are able to understand what it is that you have been equipped to do and what you enjoy doing, then doing this will not only bring pleasure but profits as well. Why do things that you do not enjoy and do poorly, who in their right mind would pay you to do those things?
One of the best used tools in the market today is the Gallup’s Strength Finder. This short assessment provides you with your top 5 Strength Themes, from a selection of 36. This insightful assessment, when unpacked and discussed gives you a full overview of who you are, what you are good at and how you should manage your life at both WORK AND play.
The book “Now Discover Your Strengths” is available at all leading book stores and online. This will give you an overview of the process and an access code to do the online assessment. But I would encourage you to do this in conjunction with an experienced coach who could walk you through the results and discuss the various results and OPTIONS with you.
The Entrepreneur Incubator offers this service for just R500, including THE PRICE of the book , assessment and written report and follow up discussion. If you are interested then please email us here to book AN APPOINTMENT .