In the early days of my first consulting business, I knew I needed some sort of plan to give me the greatest chance at success. I took many a wrong step, yet in the end I managed to put a solid business together.
I had learned through bitter experience that forming a successful business is to be conscious about the kind of business, and the sort of life, I wanted to have. I spent long hours thinking and writing about what I believed, what I wanted from my life, why I wanted to start a business, and the things I did well.
Only after that initial work was I able to look at the How of creating a sustainable business.
The Conscious Business
Being conscious about creating your business and your life will set you apart from 99% of the other businesses in your industry. Setting your intent and clearly visualizing and defining your goal gives you the clarity and energy you need to take what you do best and focus it on success.
Many a business plan has been slapped together using one of the business planning tool software packages available today. The problem with such tools is that they start you off in midstream. Make the mistake of thinking that a quick business plan is all you need for success and you will be gnashing your teeth before you're through.
There is a lot you need to know before you begin a business plan. And all the software in the world will not substitute for the background you need to create solid business plans, investor presentations, and communication strategies.
Never Too Late to Start
For the small business it's never too late to reexamine your foundation. But it is far better to begin well. In the beginning you have a smaller team. Your minds are not contaminated by what you think you know, by the sorts of experiences you get in the first few years of a new business.
Don't get me wrong -- experience is a wonderful teacher, but experience without focus is worthless.
You have an opportunity to create a mindset and the right focus. Spend the time early on and you can manage most of the difficulties you'll encounter while they're still small. You'll mitigate the risk of launching a new business or product because you'll have spent time understanding the territory. Remember: Knowing the territory comes first. Maps come later.
Starting a business is risky. Take the time to assess your concept and develop a clear picture of your resources, your abilities, and what's needed to make your idea a reality before diving into the planning process.
It's in our culture, unfortunately, to not be conscious about the choices we make and to blame others for the circumstances of our lives.
Why not be different about the choices you make today? Make what happens in your business and your life a conscious decision.
Create the path that's right for you!
Michael Knowles, co-author of The Entrepreneur's Concept Assessment Toolbook (available at http://www.booklocker.com/books/1988.html or Amazon.com) helps businesses take what they do best and focus it on success. A Principal in One Straight Line LLC, Michael has over 25 years of experience helping companies create communication strategies help them engage customers, employees, investors, outsourcing partners, and the community.
Michael can be reached at mknowles@onestraightline.com.
Sign up for the One Straight Line newsletter by sending email to subscribe@onestraightline.com.
![]() Google News Updated : Tue, 07 Oct 2008 20:50:00 GMT Kenya deports anti-Obama author - Christian Science Monitor
Christian Science Monitor - Jerome Corsi, author of "Obama Nation: Leftist Politics and the Cult of Personality," tried to launch his new book, but violated immigration rules, Kenyan officials say. Barack Obama's African grandmother Sarah Onyango Obama roots for him Anti-Barack Obama author detained while promoting his book in Kenya Publ.Date : Tue, 07 Oct 2008 16:09:55 GMT Get moving: Guidelines set healthy activity levels - The Associated Press
The Associated Press - WASHINGTON (AP) - Get moving: New exercise guidelines released Tuesday set a minimum sweat allotment for good health. For most adults, that's 2 1/2 hours a week. Government tells Americans to take stairs, go out and play Get 2 1/2 hours of exercise per week, US says Publ.Date : Tue, 07 Oct 2008 20:11:51 GMT Axelrod Says Obama Will Counterpunch if McCain Raises Ayres - New York Times New York Times - By Patrick Healy NASHVILLE - Senator Barack Obama is prepared to hit back, including with Keating Five scandal if necessary, if Senator John McCain uses tonight’s presidential debate to attack him over his associations with controversial figures like ... Video: AP Campaign Minute Palin Adds Fannie Mae Execs to List of Objectionable Obama Associates Publ.Date : Tue, 07 Oct 2008 18:32:14 GMT Study: Using fan on sleeping baby reduces risk of SIDS - San Jose Mercury News
San Jose Mercury News - By Linda Goldston Ayde Gonzales's mother was surprised when she insisted that her newborn son must sleep on his back, not on his side. Fan Use May Save Your Baby’s Life, Reduces SIDS Risk Fan in Room Seems to Cut Infants’ Risk of Crib Death Publ.Date : Tue, 07 Oct 2008 12:46:19 GMT Union-Backed Party Opposes Term Limits Plan - New York Times
New York Times - By Fernanda Santos The Working Families Party began on Tuesday the labor community’s first major offensive against Mayor Michael R. Bloomberg’s plan to change term limit laws through legislation that would extend to three, from two, the number of terms ... UPDATE 1-NYC lawmakers to weigh bill raising term limits Bill to end term limits introduced in City Council Publ.Date : Tue, 07 Oct 2008 19:15:23 GMT Fed Announces Plan to Buy Short-Term Debt - New York Times
New York Times - By EDMUND L. ANDREWS and MICHAEL M. GRYNBAUM WASHINGTON - The Federal Reserve announced a radical new plan on Tuesday to jump-start the engine of the financial system. Fed makes boldest move yet Federal Reserve to buy up short-term commercial debt Publ.Date : Tue, 07 Oct 2008 19:51:44 GMT Fitch says AMD factory move has no ratings impact - Forbes
Forbes - AP 10.07.08, 3:48 PM ET Fitch Ratings said Tuesday Advanced Micro Devices Inc.'s ratings are not affected by the chip maker's plans to spin off factories into a new joint venture with investors in the Persian Gulf state of Abu Dhabi. What AMD's fab spinoff means for Intel, industry Who Benefits From AMD’s Financial Engineering? Publ.Date : Tue, 07 Oct 2008 19:58:11 GMT Earn Money With Surveys |
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