10 tips for starting entrepreneurs
        Titel tekst

“So youBeschrijving to build
        want slide
your own business?...
Hi, my name is Bart.
I work at webagency Netlash.




        ... and at a few other companies:
You can find me here:
www.ondernemeringent.be
www.netlash.com
www.metatale.eu
www.tagger.fm
www.kopjekoffie.be
www.planetgad...
Starting your own business

10 tips from my personal experience
Listen carefully...
* personal experience *
It might not apply to you.
Or your business.
My 10 tips
10
1. Your new best friend    6.

2.                         7.

3.                         8.

4.                        ...
Your accountant
1. Your new best friend



Your accountant
Choose him carefully
Make sure his office is within a 15 minute drive
Do not go ...
1. Your new best friend



Your accountant
And whatever you do...
1. Your new best friend



Your accountant
And whatever you do...


Do NOT take a friend or a member of
 your family as yo...
1. Your new best friend



Your accountant
And whatever you do...


Do NOT take a friend or a member of
 your family as yo...
1. Your new best friend



By extension
Find yourself a good bank manager, and
 join that bank.
The personal relationship ...
10
1. Your new best friend    6.

2. Show me the money       7.

3.                         8.

4.                        ...
Watch your cash-flow
2. Show me the money



Watch your cash-flow
No matter how profitable you are, if you
 run out of cash, it’s
2. Show me the money



Watch your cash-flow
No matter how profitable you are, if you
 run out of cash, it’s


       GAME O...
2. Show me the money



Billing
Send out your bills asap
Follow them up for payment
Be firm but friendly!
Ask advances
2. Show me the money




Oh, and should I mention:


You HAVE to have a business model.
10
1. Your new best friend    6.

2. Show me the money       7.

3. Be a ‘Mensch’           8.

4.                        ...
3. Be a Mensch



Mensch
Mensch (Yiddish: ‫ מענטש‬mentsh) means
 quot;a person of integrity and honorquot;




http://en.w...
Build your rolodex
3. Be a Mensch



Networking
Don’t network to build business
The network of your network is far more important!
“Pay it fo...
10
1. Your new best friend    6.

2. Show me the money       7.

3. Be a ‘Mensch’           8.

4. Be easy to work with   ...
Availability
4. Be easy to work with



Availability
Answer your phone, answer your e-mail
Reply to RFP’s within the hour!
Be reliable,...
10
1. Your new best friend    6.

2. Show me the money       7.

3. Be a ‘Mensch’           8.

4. Be easy to work with   ...
Cooperation
5. Build alliances



Cooperation
More value-creation through cooperation
Share your ideas
Be open
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7.

3. Be a ‘Mensch’           8.

4. ...
Sparring partner
6. Get a sparring partner



Get a partner
It’s very hard to build a bigger business on your own
Find an opposite
It’s lik...
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
Say No!
7. Find your niche



Niche
Create your own niche, and dominate it
“Blue Ocean”
It’s ok to say No - sometimes it can win y...
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
Don’t steer - look
8. Set your goals



Launch your ‘torpedo’
Know what you want to be: consultant,
 entrepreneur or manager
Define the numbers
8. Set your goals



SMART
Specific
Measurable
Achievable
Relevant
Time Framed
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
Precious diamonds
9. Cherish your talents



Diamonds
Hire people that are smarter than you
Hire for diversity
Even the biggest diamond has ...
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
You can not outsource passion.
Outsource passion?
You can not outsource passion.

(Some people might not agree.
Like pimps. And advertising agencies.)
10. Follow your passion



Passion
There can only be 1 real drive for
 entrepreneurship: passion.
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
11. Free extra tip
Your home base
11. Free extra tip



Your home base
An entrepreneur can only be succesful if his partner
 supports his plans.

(I can onl...
10
1. Your new best friend    6. Get a sparring partner

2. Show me the money       7. Find your niche

3. Be a ‘Mensch’  ...
Start your own business!
Start your own business!
It’s a rollercoaster, but a fun one.
And remember...
Don’t give up.
There’s only one difference
between an amateur and a
professional.

The professional is an amateur
that did not give up.
Questions?
Bart de Waele
bart@netlash.com

www.netlash.com
www.ondernemeringent.be



                          Barcamp Ghent 2 - 30/...
10 tips for starting entrepreneurs
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10 tips for starting entrepreneurs

  1. 1. 10 tips for starting entrepreneurs Titel tekst “So youBeschrijving to build want slide your own business?” Barcamp Ghent 2 - 30/11/2008
  2. 2. Hi, my name is Bart.
  3. 3. I work at webagency Netlash. ... and at a few other companies:
  4. 4. You can find me here: www.ondernemeringent.be www.netlash.com www.metatale.eu www.tagger.fm www.kopjekoffie.be www.planetgadget.be (Yes, that’s a lot of www’s)
  5. 5. Starting your own business 10 tips from my personal experience
  6. 6. Listen carefully...
  7. 7. * personal experience *
  8. 8. It might not apply to you. Or your business.
  9. 9. My 10 tips
  10. 10. 10 1. Your new best friend 6. 2. 7. 3. 8. 4. 9. 5. 10.
  11. 11. Your accountant
  12. 12. 1. Your new best friend Your accountant Choose him carefully Make sure his office is within a 15 minute drive Do not go for the cheapest!
  13. 13. 1. Your new best friend Your accountant And whatever you do...
  14. 14. 1. Your new best friend Your accountant And whatever you do... Do NOT take a friend or a member of your family as your accountant.
  15. 15. 1. Your new best friend Your accountant And whatever you do... Do NOT take a friend or a member of your family as your accountant. ... Just don’t.
  16. 16. 1. Your new best friend 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 bank.
  17. 17. 10 1. Your new best friend 6. 2. Show me the money 7. 3. 8. 4. 9. 5. 10.
  18. 18. Watch your cash-flow
  19. 19. 2. Show me the money Watch your cash-flow No matter how profitable you are, if you run out of cash, it’s
  20. 20. 2. Show me the money Watch your cash-flow No matter how profitable you are, if you run out of cash, it’s GAME OVER
  21. 21. 2. Show me the money Billing Send out your bills asap Follow them up for payment Be firm but friendly! Ask advances
  22. 22. 2. Show me the money Oh, and should I mention: You HAVE to have a business model.
  23. 23. 10 1. Your new best friend 6. 2. Show me the money 7. 3. Be a ‘Mensch’ 8. 4. 9. 5. 10.
  24. 24. 3. Be a Mensch Mensch Mensch (Yiddish: ‫ מענטש‬mentsh) means quot;a person of integrity and honorquot; http://en.wikipedia.org/wiki/Mensch
  25. 25. Build your rolodex
  26. 26. 3. Be a Mensch Networking Don’t network to build business The network of your network is far more important! “Pay it forward”
  27. 27. 10 1. Your new best friend 6. 2. Show me the money 7. 3. Be a ‘Mensch’ 8. 4. Be easy to work with 9. 5. 10.
  28. 28. Availability
  29. 29. 4. Be easy to work with 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
  30. 30. 10 1. Your new best friend 6. 2. Show me the money 7. 3. Be a ‘Mensch’ 8. 4. Be easy to work with 9. 5. Build alliances 10.
  31. 31. Cooperation
  32. 32. 5. Build alliances Cooperation More value-creation through cooperation Share your ideas Be open
  33. 33. 10 1. Your new best friend 6. Get a sparring partner 2. Show me the money 7. 3. Be a ‘Mensch’ 8. 4. Be easy to work with 9. 5. Build alliances 10.
  34. 34. Sparring partner
  35. 35. 6. Get a sparring partner Get a partner It’s very hard to build a bigger business on your own Find an opposite It’s like cycling...
  36. 36. 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. 4. Be easy to work with 9. 5. Build alliances 10.
  37. 37. Say No!
  38. 38. 7. Find your niche Niche Create your own niche, and dominate it “Blue Ocean” It’s ok to say No - sometimes it can win you clients! Focus
  39. 39. 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. 5. Build alliances 10.
  40. 40. Don’t steer - look
  41. 41. 8. Set your goals Launch your ‘torpedo’ Know what you want to be: consultant, entrepreneur or manager Define the numbers
  42. 42. 8. Set your goals SMART Specific Measurable Achievable Relevant Time Framed
  43. 43. 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.
  44. 44. Precious diamonds
  45. 45. 9. Cherish your talents 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
  46. 46. 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
  47. 47. You can not outsource passion.
  48. 48. Outsource passion?
  49. 49. You can not outsource passion. (Some people might not agree. Like pimps. And advertising agencies.)
  50. 50. 10. Follow your passion Passion There can only be 1 real drive for entrepreneurship: passion.
  51. 51. 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
  52. 52. 11. Free extra tip
  53. 53. Your home base
  54. 54. 11. Free extra tip 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.)
  55. 55. 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
  56. 56. Start your own business!
  57. 57. Start your own business! It’s a rollercoaster, but a fun one.
  58. 58. And remember...
  59. 59. Don’t give up.
  60. 60. There’s only one difference between an amateur and a professional. The professional is an amateur that did not give up.
  61. 61. Questions?
  62. 62. Bart de Waele bart@netlash.com www.netlash.com www.ondernemeringent.be Barcamp Ghent 2 - 30/11/2008
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