Five Key Steps For Startups

Tom Taulli knows his stuff. He doesn’t just write about business; he’s been through the wringer a few times. He tells some good stories about surviving the dotcom bubble. He interviewed a bunch of people, including me, for his Entrepreneur’s Journal: Five key steps when starting a business on BloggingStocks.com.

1. Know your industry.
2. Write an executive summary. Even if it’s just one page, he says…in fact, it reads like he prefers just one page. How will you make money?
3. Where’s the money? In this case, how will customers pay you?
4. Leverage. Don’t do everything yourself. Build a team.
5. Reality check. Can you deal with stress, long hours and hard work?

Here’s that link, again, to Taulli’s post:

Entrepreneur’s Journal: Five key steps when starting a business – BloggingStocks

Tagged as: entrepreneurship, five steps, small business, startups, tom taulli