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BIRTHING YOUR BUSINESS
Entrepreneurial Empowerment Seminar
Rock of Hope, International Ministries
30th Anniversary Convent...
Success comes when you
change wishing into doing!

(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech@gmail.com

...
Success is a decision… followed by
massive actions
-Alvin Day

(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech...
Are their dreams and purpose inside of
you that will be taken to the grave
because you lack the ability to take
action and...
To be successful in achieving
your purpose/ dream you will
need:
Commitment
 Accountability
 follow-through


If you do...
You must Believe
Believe Like Leaders
 Behave Like Leaders
 Become Great Leaders
 Build The Business as Leaders


(c) ...
You must first discover your purpose
or dream then believe it.
 Because you are as strong as your
belief system.
 What G...
Who Am I, Why Am I Here and Where
Am I Going?
Have you ever asked yourself these
questions?

(c) Miguel Graham 2013 - All ...
Connection with purpose will bring
conception
 Am I feeling contracts?
 Do I have fire in my belly?
 Which stage are yo...
What is inside of you?
What purpose, passion or dreams did
God wire you with?
How do you discover it?
When your find your ...
Talk to your self
Ask yourself:
 What gifts and talents are naturally in
me?
 What skill am I competent in?
 What is my...
What do you need for each
phase of Birthing?
Conception
 Contracts of Labour signs
 Pushing stage
 New born
 Early day...
(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech@gmail.com

13
What did you give birth to?

Baby or Dwarf?

(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech@gmail.com

14
Opportunities


What opportunities exist in a bad
economy?

(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech@g...
BUSINESS DEVELOPMENT

The Techniques and Skills
needed to effectively and
efficiently operate your business

(c) Miguel Gr...
Choosing Your Business
Types of businesses
What are you good at (skills & talents), what is in demand that will sell

Lega...
Keys to Success
Identifying your mission
“A mission describes the organization's basic function in society, in terms of
t...
Market Research
The benefits of market testing
To test multiple marketing scenarios and select the most
promising for exp...
Legal Requirements and Resources
Types of legal requirements

Legal resourcesIt is good to know a lawyers or how to get o...
Your Business Structure
Choosing a structural status
Own, rent or leasing

 Plant and equipment needs
Type of equipments ...
Basics of a Business Plan
Business information
your industry
your financial plan
background research
getting started
...
Writing a Business Plan
Introduction and Overview:
Mission Statement, Objectives, keys to success, products
and services, ...
Marketing that Works
Your Marketing Plan
advertising campaignsradio (TBC etc), TV, print, internet, word of mouth (friend...
Preparing a Budget
Estimating costs and expenses;
Forecasting sales volume;
Seasonality, demands etc

Pricing strategie...
Financing Your Business
Finding the right financing;
types of financing such as; Should I finance my business myself with ...
Building a Team
Hiring the right people
Trained, professional, qualified

Internal customer service;
suppliers, distributo...
Business Connections
Building and maintaining your network
A system of people, businesses or things-to build or maintain ...
Keeping Business Records
The importance of keeping records;
In the event that you need evidence in a court of law, for cl...
Retirement Plan
It is important that we save or invest for
the future while we are still able to work
 Gain

financial kn...
Thank you for
Participating.

Questions?
(c) Miguel Graham 2013 - All rights
reserved - miguelg.tech@gmail.com

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Transcript of "Birthing Your Business - Entrepreneurship Empowerment Seminar"

  1. 1. BIRTHING YOUR BUSINESS Entrepreneurial Empowerment Seminar Rock of Hope, International Ministries 30th Anniversary Convention October 20, 2013 Miguel Graham, Empowerment Coach Email: miguelg.tech@mail.com Tel: 876-471-2067 (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 1
  2. 2. Success comes when you change wishing into doing! (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 2
  3. 3. Success is a decision… followed by massive actions -Alvin Day (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 3
  4. 4. Are their dreams and purpose inside of you that will be taken to the grave because you lack the ability to take action and discipline? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 4
  5. 5. To be successful in achieving your purpose/ dream you will need: Commitment  Accountability  follow-through  If you do not have the discipline to do it get the services of an empowerment coach. (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 5
  6. 6. You must Believe Believe Like Leaders  Behave Like Leaders  Become Great Leaders  Build The Business as Leaders  (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 6
  7. 7. You must first discover your purpose or dream then believe it.  Because you are as strong as your belief system.  What God says is for you, it is for you.  You cannot write the plan you just fit in it and watch God work. Like a potter molds the clay.  (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 7
  8. 8. Who Am I, Why Am I Here and Where Am I Going? Have you ever asked yourself these questions? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 8
  9. 9. Connection with purpose will bring conception  Am I feeling contracts?  Do I have fire in my belly?  Which stage are you?  (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 9
  10. 10. What is inside of you? What purpose, passion or dreams did God wire you with? How do you discover it? When your find your purpose what's next? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 10
  11. 11. Talk to your self Ask yourself:  What gifts and talents are naturally in me?  What skill am I competent in?  What is my temperament?  What are my strength and weaknesses?  (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 11
  12. 12. What do you need for each phase of Birthing? Conception  Contracts of Labour signs  Pushing stage  New born  Early days  Health Growth  Mature  Succession  (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 12
  13. 13. (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 13
  14. 14. What did you give birth to? Baby or Dwarf? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 14
  15. 15. Opportunities  What opportunities exist in a bad economy? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 15
  16. 16. BUSINESS DEVELOPMENT The Techniques and Skills needed to effectively and efficiently operate your business (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 16
  17. 17. Choosing Your Business Types of businesses What are you good at (skills & talents), what is in demand that will sell Legal points Find out the legal ways of operating the business you are getting into. For e.g. the parish laws; KSAC etc (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 17
  18. 18. Keys to Success Identifying your mission “A mission describes the organization's basic function in society, in terms of the products and services it produces for its customers”. Creating a Mission Statement A mission statement is a short written statement for the purpose of a company or organization .Ideally, a mission statement guides the actions of the organization Setting measurable goals (being realistic in projections for e.g. buying $50,000 goods and projecting sales for $1,000,000) Stages of growth. Have plans put in place for future growth such as; financial, employees, products etc (c) Miguel Graham 2013 - All rights reserved miguelg.tech@gmail.com 18
  19. 19. Market Research The benefits of market testing To test multiple marketing scenarios and select the most promising for expansion. Every dollar you spend in market testing will save you many dollars of losses later on in the marketing process. finding your target market (who are you selling to or providing service for) adjusting to market changes (the demand increases or decrease may caused by climate, inflation) (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 19
  20. 20. Legal Requirements and Resources Types of legal requirements Legal resourcesIt is good to know a lawyers or how to get one RegulationsRoad regulations, building regulations etc Licenses and permitsRegister business, food handlers permits, barber/ hairdresser license Local requirementsBuilding codes etc (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 20
  21. 21. Your Business Structure Choosing a structural status Own, rent or leasing  Plant and equipment needs Type of equipments or machine needed to operate business  Describing your inventory (what you need for the business success, having the right amount in stock)  Your management structure Competent mangers and leadership styles Staffing considerations (qualified, experience, customer friendly) (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 21
  22. 22. Basics of a Business Plan Business information your industry your financial plan background research getting started researching costs and pricing (of other businesses in the same industry to guide on how you will price your products) (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 22
  23. 23. Writing a Business Plan Introduction and Overview: Mission Statement, Objectives, keys to success, products and services, and Target Customers etc. The Industry section: Market Analysis, Target Market, Competitive Analysis, Strategy & Implementation (Sales & Marketing) Financials: Where the business is at present and future projections (cash flow, profit & loss, balance sheet etc) (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 23
  24. 24. Marketing that Works Your Marketing Plan advertising campaignsradio (TBC etc), TV, print, internet, word of mouth (friends, family, drinking partners etc) public relations campaigns For public awareness, who are you trying to reach marketing resourcesbusiness cards, fliers, brochures etc promotions and publicitySales, customer appreciation day finding the right strategy for your business. What best works for your type of business (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 24
  25. 25. Preparing a Budget Estimating costs and expenses; Forecasting sales volume; Seasonality, demands etc Pricing strategies; To what goods are being sold for in the market Making financial projections; How much will be spent on business v.s. how much will be made Performance measures How is my business performing, evaluate (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 25
  26. 26. Financing Your Business Finding the right financing; types of financing such as; Should I finance my business myself with my savings and investments or should I borrow from banks and other lending institutions in order to avoid undercapitalization. Savings Family Loans (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 26
  27. 27. Building a Team Hiring the right people Trained, professional, qualified Internal customer service; suppliers, distributors and experts Referrals and recommendations. When you offer good services your clients can give you referrals or recommend you to other (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 27
  28. 28. Business Connections Building and maintaining your network A system of people, businesses or things-to build or maintain a informal relationship with people  Successful networking Names, contact information (telephone #, address, email address)  Developing community contacts People or business in your geographical area (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 28
  29. 29. Keeping Business Records The importance of keeping records; In the event that you need evidence in a court of law, for claims bookkeeping basics; (journals, receipt books etc) computerized accounting; ( such as quick books offered by our BSC) record keeping for tax purposes line item descriptions; (goods sold cost etc) income statements financial statements ( balance sheet, profit & loss statements etc) (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 29
  30. 30. Retirement Plan It is important that we save or invest for the future while we are still able to work  Gain financial knowledge  Create an investment portfolio  Save, Save, save! (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 30
  31. 31. Thank you for Participating. Questions? (c) Miguel Graham 2013 - All rights reserved - miguelg.tech@gmail.com 31
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