Archives for March 2006

You’ve Got To Crawl Before You Walk

Overall, today was a pretty successful day for business idea (I can’t call it “the business” quite yet as it’s still not fully off the ground). However, the fact it was a successful day may be only because my basis for comparison is my procrastination plagued Saturday. Either way, at the very least I started to get a lot of important things out of the way.

Doug (my business partner) and I worked today for about three hours to start to hammer out some details for our business plan. We finally narrowed down a list of names, or pieces of it, for the business, came up with a working slogan, began to form our mission statement and listed all of the ideas for our mission statement. Come to think of it, we were able to get a lot accomplished.

While I was at the library I checked out a couple of books to help us finalize the tasks we worked on today – Names that Sell by Fred Barrett and a copy of The Mission Statement Book by Jeffrey Abrahams. Hopefully these two resources will help out the finishing touches on these two key issues regarding the business. I’ll let you know if they were of any use.

While the weekend wasn’t as successful and productive as I had intended, I think that the ball is finally rolling on getting the framework of the business plan and finally getting our business idea to be more than just an idea.

Business Plans = Getting Stuff Done Around The House?

Well, so much for good intentions.

Last night I started reading Business Plans for Dummies with the intent of waking up early this morning to start to bang out my business plan. What it actually led to was a day action packed full of procrastination, although I ultimately ended up getting all of my laundry finished AND vacuumed the entire house. So, I guess the day wasn’t an entire waste.

In all actuality, today wasn’t completely wasted on non-business planning nonsense; I did get a little bit of work done and I got to write another post for my business blog! Today I spent a fair amount of time on the Small Business Administration web page to see what sort of resources they have. I found a couple of mock business plans, only one of which was much help, and that was only because it was for a web based business.

Alas, it’s appearing more and more to me that I’m actually going to have to do some grunt work to get my business idea going. Who knew?!? If only I could get that initial burst of inertia!

After doing my manly chores around the house, I was able to get a hold of my “business partner” and we agreed to meet tomorrow (hopefully we’ll go to the library so we can actually get work done). On that note, I’m going to go listen to my Coldplay CDs, play a game or two of Madden and enjoy my last night free of business planning, this business blog and my business ideas!

Starting A Business From Scratch

For as long as I can remember, I’ve wanted to own my own business. I don’t really know why, but… actually, I know exactly why. When you look at the type of person who has generated the most wealth for themselves and their family, it’s typically someone who has started and grown a business. Of course, I’d like to think that on some level I would be above worrying solely about the bottom line and could create a business that was not only financially viable but one that could really make a profound difference in the lives of my customers.

I think I may have found the way, too (more on that in another posting).

Anyway, for the past year or so, my friend and I have been kicking around ideas for things that we can do to start a business. They range from completely absurd business ideas (starting a gym where the out of shape members could vote out the in shape people) to the somewhat feasible, to something that I would be proud to call my own (again, more on that some other time).

Because his background is web development and my background is in finance, we’ve narrowed down our business ideas to stuff that are web-based so that he can work the technical and operating side of things and I can work the business side. Regardless, I’m sure you don’t care much about the details, but I’m just trying to give some background.

About a month ago, my buddy and I went to a “Start Your Business” seminar put on by our the Loudoun Small Business Development Center and afterwards we sat down and finally decided what we were going to do (yep, tune in later folks). Good for us.

The following week, the Loudoun SBDC put on a “Web Marketing” seminar whose keynote speaker was Brian Chavis, founder of ARGroup, a well respected IT consulting firm in the Washington, DC area. Most of his seminar revolved around business blogs and how blogging is a great way it was to interact with people and to let them know about your business ideas and, ultimately, your products and services.

While I was sitting there, I knew that in order to help start a business and help it grow that I had to start some sort of business blog, I just didn’t know what I should write about; I didn’t want to have an infomercial online. Then it dawned on me, I would start a business blog where I would chronicle the painstaking process of starting a business from the ground up.

So, long story short, that’s what I plan to do with this blog. I plan on detailing the steps (both good and bad) I take to finally get my business idea off the ground, hopefully with the intent of inspiring/helping others who share the same aspirations. Tonight I’m going to start to hammer out my business plan, which I’m sure will be the subject of many tirade filled posts. Hopefully you’ll get just as much a kick of this as I will and, at the very least, I’ll give you someone to point and laugh at.

Wish me luck; I’m going to need it.