Let make Wednesday the day for updates and news. This gives me a week to create content and build my website. I will try to come up with a new topic or content each week.
Author: Mr David
Not Doing A Good Job At This
I was trying to post monthly and hopefully develop a habit to post weekly but it seem like I failed to do so. This was suppose to be an easy habit to engrain since it take less than 10 minutes to type up a simple update. This whole project is an outlet of information or database that can be easily access so that I will not have to remember everything, yet I still forget to post a weekly note to help me get organized in my thought and update what going on with this site.
What is the next step?
Clouded with all the steps and direction that we all put ourselves in, where do we go next? As entrepreneurs, our path isn’t linear. We chose to take a path that other doesn’t want or don’t see.
Although, the next step doesn’t necessary has to be physical. We can step back and reflect on the skills and knowledge to find ways to use them to our advantage. By doing so, we can celebrate the accomplishment and lay out new plans with the new tools we have acquired on the journey.
Ways to go forward:
- List out what needs to be done. Or. What do you want to get done?
- Get the new skills required for the next step. Or. Hire the extra help.
- Business perspective: As the customer what do they want/need?
- Accounting perspective: Clear out some liabilities and gain assets.
- Research extra product or service you can offer.
The next step is more than the actions itself, its a reflection on our entrepreneurship mindset, determination, growth, and commitment to your business goals and vision. Keep moving forward.
Starting… 2024
I need to do better and post more information on this site. I still have a ton of information that I would like to share. Professionally and personal education that I have collected over the years as well as experience. These valuable knowledge and experience can help you guys learn from my mistakes where I either failed to learn or lack the knowledge.
Update 2023.11.09
This is a list of some of the topics I am going to cover and my experience with one of them.
- Accounting – Who and What to expect
- Innovation & Design – Building a product or service
- Prototyping – Sample product to test in the market
- Financing – Disclaimer: NOT financial advice
- Business Law – Basic knowledge for operation
- Customer Service – Often neglected, crucial for returning customer
- Simply Marketing – Using social media and free resources
- Strategic Growth – Business has to expand to survive
- Exit Plan – Ultimate end game for the business
Update 2023.11.07
I am working to add more information on skills page and the requirements you will need for your business, as well as, personal professionalism.
Skills are very important as creditor or banks wants to have a guarantee on the investments they are about to take with you.
If you need a starting point or trying to see what you need for a job or your business, please check out the skills webpage.
Sidebar: Information >> Skill
Equipment
Do you have assets or pieces of equipment for your business? Are they making you money? What is the value of the equipment and has it delivered the business the value or more than the cost of that piece of equipment?
I am currently going through and organizing items for their respective business and labeling them as such. Additionally, I am valuing them to see if that investment has generated at least its cost for the business.
Separate Assets
Items that are part of the business need to be separated from those used personally. Creating a list will help identify business properties, as well as, inventory items for daily use.
Grocery List
Making a list will help you find what you need instead of roaming the store trying to remember what you need in the first place.
A list, just like a grocery list, will help you stay organized and remind you of your daily or required tasks to get to the next stage.
Accountability
This post proved that my focus has gone astray. I talked about how little projects and task leads to larger goals. Although, I could not maintain this site for over a year since my last post or change to this site. I reached the 10 year milestone but have failed to accomplished any of the goal that was set a decade ago. Sometimes we have to restart and build new goals.