What comes to mind when you think about building a business, building your business? What do you think about? Is it writing out a business or vision plan? Is it putting procedures and practices in place? Is it re-inventing or reinvesting resources such as time, money and energy into your business’ brand and image?
How do you build your business? Do you network, hit up close friends and family members? Do you spread the word about your company by word of mouth? Do you take out an ad in the local paper or market online?
Do you think about where your financial resources will come from in order to build your business? Will you tap into your savings, get a part time job, seeker investors or crowd fund? Will you take out a business loan?
When you think about building your business, do you ever think about what kind of company culture you’d like to create, what kind of customer base you’d want to attract or the kind of employees you’d want to hire? Do you think about your business’ internal and external forces, the market or the industry?
When you think about building your business, do you start with the end in mind and work your way backwards or do you piece it together as you go along?