10 TIPS FOR STARTING ENTREPRENEURS

An entrepreneur can only be successful if his partner supports his plans and more tips to be a great entrepreneurs

10 TIPS FOR

STARTING

ENTREPRENEURS

Hi, my name is Bart.

I work at web agency Netlash.

and a few other companies:

http://slideshare.net/netlash

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

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Your accountant

Choose him carefully.

Make sure his office is within a 15 minute drive

Do not go for the cheapest!

Your accountant

And whatever you do

Your accountant

And whatever you do

Do NOT take a friend or a member of your family

as your accountant

Your accountant

And whatever you do

Do NOT take a friend or a member of your family

as your accountant

Just don’t

Find yourself a good bank manager, and join that bank.

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

By extension

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Watch your cash-flow

No matter how profitable you are, if you run out of cash, it’s

Watch your cash-flow

No matter how profitable you are, if you run out of cash, it’s

GAME OVER.

Watch your cash-flow

Send out your bills asap.

Follow them up for payment

Be firm but friendly!

Ask advances

Billing

Oh, and should I mention:

You HAVE to have a business model.

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Wikipedia http://en.wikipedia.org/wiki/Mensch

Mensch (Yiddisch: שטנעמ mentsh) means

“a person of integrity and honor”.

Build your rolodex

Don’t network to build business.

The network of your network is far more important!

“Pay it forward.”

Networking

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

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

Availability

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Cooperation

More value-creation through cooperation.Share your ideas.

Be open

Cooperation

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Sparring partner

It’s very hard to build a bigger business on your own.Find an opposite.

It’s like cycling

Get a partner

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Just say NO!

Create your own niche, and dominate it.

“Blue Ocean”

It’s ok to say NO - sometimes it can win you clients!Focus

Niche

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Don’t steer - look

Know what you want to be: consultant, entrepreneur

or manager

Define the numbers

Launch your ‘torpedo’

MeasurableAchievable

Relevant

Time Framed

SMART

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

Precious 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

Diamonds

Henry Kissinger

US Statesman

A diamond is nothing more than a chunk of coal that is made good under pressure.

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

You can not outsource passion.

Outsource passion?

You can not outsource passion.

(Some people might not agree.

Like pimps And advertising agencies.)

There can only be 1 real drive for entrepreneurship: passion.

Passion

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

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.)

Your home base

4 Be easy to work with

3 Be a ‘Mensch’

2 Show me the money

1 Your new best friend

9 Cherish your talents

8 Set your goals

7 Find your niche

6 Get a sparring partner

10 Follow your passion

5 Build alliances

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.

Good luck!

QUESTIONS?

twitter.com/netlash bart@netlash.com www.netlash.com