10 tips for starting entrepreneurs

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My personal basic tips for starting entrepreneurs.

A remake of my old presentation, to practice the new Netlash styleguide...

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10 tips for starting entrepreneurs

  1. 10 TIPS FOR STARTING ENTREPRENEURS
  2. Hi, my name is Bart.
  3. I work at web agency Netlash. ... and a few other companies:
  4. http://slideshare.net/netlash
  5. STARTING YOUR OWN BUSINESS 10 tips from my personal experience
  6. Listen carefully...
  7. PERSONAL EXPERIENCE
  8. It might not apply to you. Or your business.
  9. MY 10 TIPS
  10. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  11. Your accountant
  12. Your accountant Choose him carefully. Make sure his office is within a 15 minute drive. Do not go for the cheapest!
  13. Your accountant And whatever you do...
  14. Your accountant And whatever you do... Do NOT take a friend or a member of your family as your accountant.
  15. Your accountant And whatever you do... Do NOT take a friend or a member of your family as your accountant. ... Just don’t.
  16. By extension Find yourself a good bank manager, and join that bank.
  17. By extension Find yourself a good bank manager, and join that bank. The personal relationship with the bank manager is far more important than the brand of the bank.
  18. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  19. Watch your cash-flow
  20. Watch your cash-flow No matter how profitable you are, if you run out of cash, it’s...
  21. Watch your cash-flow No matter how profitable you are, if you run out of cash, it’s... GAME OVER.
  22. Billing Send out your bills asap. Follow them up for payment. Be firm but friendly! Ask advances.
  23. Oh, and should I mention:
  24. Oh, and should I mention: You HAVE to have a business model.
  25. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  26. Mensch (Yiddisch: ‫ מענטש‬mentsh) means “a person of integrity and honor”. Wikipedia http://en.wikipedia.org/wiki/Mensch
  27. Build your rolodex
  28. Networking Don’t network to build business. The network of your network is far more important! “Pay it forward.”
  29. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  30. Availability
  31. Availability Answer your phone, answer your e-mail. Reply to RFP’s within the hour! Be reliable, make good on your promises. Communicate often and clearly.
  32. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  33. Cooperation
  34. Cooperation More value-creation through cooperation. Share your ideas. Be open.
  35. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  36. Sparring partner
  37. Get a partner It’s very hard to build a bigger business on your own. Find an opposite. It’s like cycling...
  38. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  39. Just say NO!
  40. Niche Create your own niche, and dominate it. “Blue Ocean” It’s ok to say NO - sometimes it can win you clients! Focus.
  41. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  42. Don’t steer - look
  43. Launch your ‘torpedo’ Know what you want to be: consultant, entrepreneur or manager. Define the numbers.
  44. SMART Specific Measurable Achievable Relevant Time Framed
  45. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  46. Precious diamonds
  47. Diamonds Hire people that are smarter than you. Hire for diversity. Even the biggest diamond has to be cut - push them! Balance your 3P: People - Profit - Planet.
  48. A diamond is nothing more than a chunk of coal that is made good under pressure. Henry Kissinger US Statesman
  49. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  50. You can not outsource passion.
  51. Outsource passion?
  52. You can not outsource passion. (Some people might not agree. Like pimps. And advertising agencies.)
  53. Passion There can only be 1 real drive for entrepreneurship: passion.
  54. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  55. 11. Free extra tip
  56. Your home base
  57. Your home base An entrepreneur can only be succesful if his partner supports his plans. (I can only thank Gudrun, Wolf & Kobe that they do, and love them for it.)
  58. 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. Find your niche 3. Be a ‘Mensch’ 8. Set your goals 4. Be easy to work with 9. Cherish your talents 5. Build alliances 10. Follow your passion
  59. Start your own business!
  60. Start your own business! It’s a rollercoaster, but a fun one.
  61. And remember...
  62. Don’t give up.
  63. There’s only one difference between an amateur and a professional. The professional is an amateur that did not give up.
  64. Good luck!
  65. QUESTIONS?
  66. twitter.com/netlash bart@netlash.com www.netlash.com

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