The steps of a business development process can be broken up into five parts.
Step 1- You must have a vision. Why are you starting this business? Is this your dream? You may want to make a dream boards. Does your vision include what you are passionate about? It can be summed up in two questions:
• Why are you doing this?
• Do you love what you do?
If the answer to the first question is that you are fulfilling a dream you are on the right track. If the answer to the second question is that you do love what you do, you are on the right path.
Step 2: You need to create an image. What is your brand? Take some time to find a brand that is catchy and describes who you are. You also must have a unique selling proposition. You need to set yourself and your company apart from your competitors. Two questions that pertain to this step are:
• What problem do you solve?
• Will your customers get it?
Step 3: This is the planning phase. Who will you get advice from? Who will you get help from? Who might you barter with? Where are you going to work? Do you need a store front or will you be working in an office or at home? When will you open? What resources do you have? Where will you get the money? How will you budget it? Ask yourself these two questions:
• Who is your ideal customer?
• How will you reach them?
Step 4: This is the systems phase. How will you be getting things done? How will things work? Four questions you should ask yourself in this step:
• What tools do you need?
• How much time will you work on it?
• Are you doing too many things on your own?
• Are you documenting things?
Step 5: The finals step is Implement. When you are in the trenches, keep your focus every day. Make sure your daily tasks support your vision. Ask yourself these two questions:
Are your tasks contributing to your goals?
Are you working on the business or getting side tracked?
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