Executing the Business Blueprint

5 Essentials to Start-up Success 

Now before you go jumping head fist into a new business venture, test drive. Test your business idea or product both online and offline to build a proven and workable business model, then execute with all your heart.  Some people are so lucky they just find themselves in the right deals at some point in time, coupled with their preparedness they crave a good business out of it. Bad news is that this is not the norm and not for everyone, for the rest of us some preparation is needed to breed that success, and lack of it may be the best explanation to the high rate of Start-up failure. So how should your blueprint execution program be like?

A business blue print is that detailed description of your business processes and systems

1 Stay Present

Establish your Start-up as a business to watch in your industry at the time of launching your business idea or product. Then get in the local and or national papers, pitch your business and products to industry related media outlets, get bloggers in and ask them to write about you – it’s not a sin provided you don’t control everything they write and keep you social media followers with fresh and engaging content.

Get all the press appearances you can handle, if you create a large enough footprint, it may intimidate your competitors and also if you this kind of person who doesn’t like being outdone (which almost everyone is) you will work hard enough to satisfy the expectations and maintain the momentum.

2 Know your customers

The most often adaptable element of a business start-up is to develop a good idea for what an ideal product is for their ideal customer, and then build this product based on the needs of most knowledgeable customer you have met.  As your clients use your product keep their needs within your sight so that they can grow for you the market base bring in new clients and re-purchase from you.

Give your service or product while testing and get active feedback from the clients.

3 Raise enough Capital 1^st time.

Raising start-up capital is difficult everyone knows that, to know how much you will need to raise first time is also not that easy but a good starting point. You will not want to run out of funds in the middle of developing your start-up product line or service provision and can’t move on from there. This normally sends you to panic and instead of concentrating on the product or service you are diverted to financing and most likely poor results, shoddy work, or defect products follow. The worst result for a start up.

4 Hire the right people

If you believe in your business model hire the people who can execute it to success. If you are in the business of selling a product or service, don’t hire sales reps who are inexperience and not knowledgeable just because they will settle for commissions only.

The right people help you to build the right product, provide the best service and hit the right footing in the market place first time. In the long run you will realize they are cheaper because they waste less time and resources.

5 Go “All-in” or “Full swing”

In the world of start-up, anytime you aren’t focused on your business is wasted time.  After your successful test drive of the idea or product, hit the market with a clear mind.

When entering a new industry either product or service, other entrepreneurs are watching your every move. The established ones want to knock you out, your followers want to learn from you and if you don’t move fast they will beat you at it, and the media review chaps want to comment on your every move to the public. Don’t give them the weapon to knock you off that early.

 Did you enjoy this article? If so don't forget to make official our friendship and follow Business insights on Facebook.