November 27, 2019by businessheadquarters

Entrepreneurs 101 Handbook Tips

6 Free Production Tools for Aspiring Entrepreneurs

Any business is expensive to run and operate, but startup businesses cost a lot more because they need software and other office equipment. Furthermore, most startup businesses seem to fail early on because they can’t generate enough consumer interests in their products. They don’t have the capital necessary to advertise and attract consumers to try their new products.

The overhead and office expenses take a major bite out of a new company’s startup revenues. That is why a new business owner needs a little help to start their company. Free business productivity tools can help a new business owner save a little money on investing in expensive software. 

  1. Bitrix24: If your company has 9 employees or less the CRM tool is free each month. You’ll have access to 35+ work tools which include group chat, tasks and projects, video conferencing, Bitrix24 Drive, email CRM, social network, and more. This is the perfect cloud-based solution for a new startup business on a budget.
  2. Join.me offers a free basic service for new companies each month. Just sign up for an account and download the desktop application. Afterwards, you can connect with the employees in your office, host meetings, or hold a web conference. The teleconferencing app is easy-to-use and is perfect for reviewing documents, doing a product demonstration, overseas web conferencing and training your staff.
  3. PRLOG: Every new business needs to issue press releases about their new products, sale promotions, and other important information relating to their business. The free app gives you pointers on writing your press releases and makes it easy to distribute them.
  4. Got Free Fax: Believe it or not in this day and age, we still need to send out a few faxes. For a new business, buying a fax machine is expensive and furthermore it isn’t used daily. Therefore, this free fax service is the perfect way for any new business owner to send a fax.
  5. Kolab.org: This open-source collaboration server gives any new business the perfect opportunity to share email accesses, notes, address book, task manager, and calendar organization. However, the free, open-source application will require you to familiarize yourself with the software and application. Afterwards, Kolab will prove to be an excellent business tool for your company.  
  6. Remember The Milk: If you are looking for an all-in-one task manager this is a great app for any new business owner. The app allows you to manage your electronic calendar, to-do lists, shares your tasks with your employees, and is fully integrated with your Gmail account. 
Confident young entrepreneur standing in office

10 Crucial Tips and Tricks for the Entrepreneur

So, you want to open your own business? Many people dream of doing just that, but end up failing in their ventures. However, there are ways to make sure that you do not end up having to declare bankruptcy and, instead, see yourself walk the road to success. Here are ten crucial tips and tricks that will give you the hand you need in order to start off on the right foot.

1. Plan your project 

Write down all of your ideas. This can range from a simple summary to a detailed, 30-page report. This will force you to structure your thoughts and see more clearly what will work and what won’t.

2. Plan your sales tools 

Entrepreneurs, too often, are great technicians, but are nil when it comes to sales. They often either forget or are ignorant as to what to do in order to market their product or service. Word of mouth is not sufficient, nor is telemarketing and social media.

3. Get out of isolation 

Forget the image you have of a business entrepreneur who stays permanently shut up in his garage. Isolation shuts doors that could lead to business opportunities. In order to succeed, one needs to get out and promote the business by building a network of contacts and improving his or her credibility.

4. Get support from your friends and family 

It’s not easy for those living with the entrepreneur to understand his or her needs. Some marriages break up because of this. Often, the business requires the owner to work seventy to eighty hours per week, mainly just at the beginning (for the first few years).

5. Take the time to build a network 

This is not a network that will be there to help build the business, but to make the owner feel less lonely. After all, even if he is surrounded by his employees and family members, they may not fully understand what he is going through. Therefore, it is important to find others who are living through a similar situation.

6. Ask for help from organizations 

There are some non-profit organizations out there that can give you a hand with business development, economic growth and financial support. Find them and take advantage of the information they have to offer.

7. Keep some money for later 

The entrepreneur has to be careful in order to save some money for a later date and not spend everything at the very beginning of the project. It could be a good idea to start at home instead of renting an office. Sell prototypes at first instead of going for a full-out production series. This will help to find out who his target customers are and to test new ideas. This should give a hand with developing a clientele and increase sales.

8. Work on your website 

A well-designed website will help your business compete efficiently with those who have a bigger budget than you. Even if you do not intend on selling anything online, your potential clients will definitely search online and will use your website to make up their minds about your products and services.

9. Be good to your first few clients 

It is more cost-wise to work harder at keeping your first clients than search for new ones. Bu building on that relationship, you will become more and more important to them and, eventually, you will become indispensable.

10. Start thinking of going international immediately 

Building your local clientele before developing yourself on the international market used to be the way to go, but not anymore. We have the technology available in order to work across the globe, so why not use it? After all, there are much more new entrepreneurs who have travelled today then there were in the past, so they are actually less afraid of this prospect.

Using these techniques should help you get off on the right foot!

Businessman Entrepreneur Profit Build Concept

3 Must-Read Entrepreneurship Books

In The E-Myth Revisited, Michael Gerber explains that entrepreneurs are real people that need support, structure, and teams.  Often the entrepreneur forgets this.  As an entrepreneur, I have built a library of informative and motivational books that help me build focus goals and challenge me to think differently.  Let’s explore three books from my professional bookshelf.

E-Myth Revisited by Michael Gerber- It is no surprise that Mr. Gerber’s The E-Myth Revisited is on my shelf.  In this book, Mr. Gerber explains how he has helped himself and other business owner organize and evaluate their lives, businesses, and processes.  He uses stories to illustrate points and, although he is very direct, his advice is empathetic.  He has revised his E-Myth book a few times. E-Myth Mastery, E-Myth Manager, and E-Myth Enterprise are a few spin-offs of this popular book.     

Work Less, Make More: Stop Working So Hard and Create the Life You Really Want! by Jennifer White  – The name of Ms. White’s book is a bit misleading.  She is a success coach.  In this book, she challenges readers to redefine their life and work.  She champions practical methods for self-honesty, self-duplication, and the creation of passive income.  She also uses stories to help make her points tangible.  The most valuable part of this book are the exploratory exercises.  They help you develop goals, stay focused, and execute. 

The Start-Up of You – In this book, Reid Hoffman and Ben Casnocha share their experiences as Silicon Valley investors, employees, and business owners.  They share what they learned about owning their work, risk, and professional connections, through engaging stories and heartfelt messages.  The authors show readers how to take an entrepreneurial approach to their career.  I suggest this book for business owners because we often start businesses without really owning our work.  Instead we “purchase a job,” as Mr. Gerber explains in The E-Myth Revisited.  Start-Up of You is a great book about taking ownership of yourself and your work.

Each book described was written with the business owner in mind.  They provide tools, tips, and techniques incorporating the human side of the operation, without losing sight of business goal.  I hope these resources provide you with information and resources to help you make your organization prosperous.