hi I’m Evan Carmichael welcome to another edition of ask Evan today’s
another edition of ask Evan today’s
another edition of ask Evan today’s question comes from one of my forms
question comes from one of my forms
question comes from one of my forms readers Anthony who wrote in asking to a
readers Anthony who wrote in asking to a
readers Anthony who wrote in asking to a business plan and he said is a good
business plan and he said is a good
business plan and he said is a good business plan the first thing that you
business plan the first thing that you
business plan the first thing that you need to do to start a business as much
need to do to start a business as much
need to do to start a business as much of a fan of business plans that i am
of a fan of business plans that i am
of a fan of business plans that i am anthony and thank you for the question i
anthony and thank you for the question i
anthony and thank you for the question i think a lot of people go through that
think a lot of people go through that
think a lot of people go through that question as well i don’t think it’s the
question as well i don’t think it’s the
question as well i don’t think it’s the first thing that you should do and the
first thing that you should do and the
first thing that you should do and the reason being when you’re creating your
reason being when you’re creating your
reason being when you’re creating your business plan you should really have a
business plan you should really have a
business plan you should really have a good sense of your market and what
good sense of your market and what
good sense of your market and what you’re going to do to create your
you’re going to do to create your
you’re going to do to create your product and service and sell it and in
product and service and sell it and in
product and service and sell it and in the early stages of a business what you
the early stages of a business what you
the early stages of a business what you really need to do is start talking to
really need to do is start talking to
really need to do is start talking to customers to figure out what kind of
customers to figure out what kind of
customers to figure out what kind of business you should launch and the best
business you should launch and the best
business you should launch and the best type of business you can launch is start
type of business you can launch is start
type of business you can launch is start talking is building around your
talking is building around your
talking is building around your customers so you go stop talking to
customers so you go stop talking to
customers so you go stop talking to potential customers find out what the
potential customers find out what the
potential customers find out what the problems are their pain points and try
problems are their pain points and try
problems are their pain points and try to develop a solution that can help them
to develop a solution that can help them
to develop a solution that can help them and we made this mistake one of my
and we made this mistake one of my
and we made this mistake one of my earlier companies we spend the entire
earlier companies we spend the entire
earlier companies we spend the entire summer dropped in a business client that
summer dropped in a business client that
summer dropped in a business client that we thought was awesome and of course our
we thought was awesome and of course our
we thought was awesome and of course our customers are going to want this product
customers are going to want this product
customers are going to want this product and this is no the best thing ever and
and this is no the best thing ever and
and this is no the best thing ever and we spend so much time researching and
we spend so much time researching and
we spend so much time researching and figured we had the best thing but then
figured we had the best thing but then
figured we had the best thing but then when we you know got to actually launch
when we you know got to actually launch
when we you know got to actually launch and it turns out that you know the
and it turns out that you know the
and it turns out that you know the customer were going after didn’t really
customer were going after didn’t really
customer were going after didn’t really care give us a time of day now luckily
care give us a time of day now luckily
care give us a time of day now luckily we had you know enough still in our
we had you know enough still in our
we had you know enough still in our product to make it successful we would
product to make it successful we would
product to make it successful we would find other customers but we spent all
find other customers but we spent all
find other customers but we spent all this time creating this business plan
this time creating this business plan
this time creating this business plan that we thought was amazing and then
that we thought was amazing and then
that we thought was amazing and then when we went to actually tested in the
when we went to actually tested in the
when we went to actually tested in the market we found out that it didn’t hold
market we found out that it didn’t hold
market we found out that it didn’t hold any water so the best thing you do at
any water so the best thing you do at
any water so the best thing you do at the beginning you’re first starting your
the beginning you’re first starting your
the beginning you’re first starting your business or you’re thinking about
business or you’re thinking about
business or you’re thinking about certain to business is go start talking
certain to business is go start talking
certain to business is go start talking to customers and they’ll tell you what
to customers and they’ll tell you what
to customers and they’ll tell you what they need what they like how you can
they need what they like how you can
they need what they like how you can help them and from there you’ll get the
help them and from there you’ll get the
help them and from there you’ll get the information you need to be able to
information you need to be able to
information you need to be able to create your business plan the danger
create your business plan the danger
create your business plan the danger doing it the other way is your business
doing it the other way is your business
doing it the other way is your business plan will be you know useless and
plan will be you know useless and
plan will be you know useless and extinct you know the day you actually
extinct you know the day you actually
extinct you know the day you actually start going on marketing the product as
start going on marketing the product as
start going on marketing the product as you launch your business your business
you launch your business your business
you launch your business your business plan is going to change you’re going to
plan is going to change you’re going to
plan is going to change you’re going to get new opportunities customers will
get new opportunities customers will
get new opportunities customers will come with the new problems your
come with the new problems your
come with the new problems your marketing strategy will change your
marketing strategy will change your
marketing strategy will change your expenses might change
expenses might change
expenses might change little bit so your business plan will
little bit so your business plan will
little bit so your business plan will constantly have to change a little bit
constantly have to change a little bit
constantly have to change a little bit but it’s best if you can to have a good
but it’s best if you can to have a good
but it’s best if you can to have a good concept from the beginning built around
concept from the beginning built around
concept from the beginning built around what you know will sell and what
what you know will sell and what
what you know will sell and what customers want so my number one thing if
customers want so my number one thing if
customers want so my number one thing if you’re starting the business is just go
you’re starting the business is just go
you’re starting the business is just go start talking to customers find out the
start talking to customers find out the
start talking to customers find out the problems build the solution around their
problems build the solution around their
problems build the solution around their needs and then once you’ve got a sense
needs and then once you’ve got a sense
needs and then once you’ve got a sense of what their challenges are and you
of what their challenges are and you
of what their challenges are and you will to get a couple orders ideally
will to get a couple orders ideally
will to get a couple orders ideally coming in you can create your business
coming in you can create your business
coming in you can create your business plan on how you’re going to create this
plan on how you’re going to create this
plan on how you’re going to create this no company out of this you know idea and
no company out of this you know idea and
no company out of this you know idea and be able to grow and expand to other
be able to grow and expand to other
be able to grow and expand to other companies build a team build your
companies build a team build your
companies build a team build your facilities if you need to continue to
facilities if you need to continue to
facilities if you need to continue to grow the business so hopefully that
grow the business so hopefully that
grow the business so hopefully that helps Anthony those are you watching if
helps Anthony those are you watching if
helps Anthony those are you watching if you liked the video please give it a
you liked the video please give it a
you liked the video please give it a thumbs up I always love seeing those
thumbs up I always love seeing those
thumbs up I always love seeing those come in and if you have a thought for
come in and if you have a thought for
come in and if you have a thought for Anthony or you have a question I’d love
Anthony or you have a question I’d love
Anthony or you have a question I’d love the hero deform leave a comment
the hero deform leave a comment
the hero deform leave a comment underneath the video so thank you and
underneath the video so thank you and
underneath the video so thank you and you’ll see you on the next episode
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