1. WHAT DO YOU WANT TO DO?Identify Your PASSIONDo your what you areGOOD atBusinessHobby

2. HOW DO YOU START A HOME BASED BUSINESS?Set up an office with desk, chair, and filecabinetUse your cell phone (change messaging)Create business cardsNetwork like crazy and pass out the cardsConsider whether you are going to do thisPT, FT, as a hobbyIf giving up job, old employer might be a good start 3. WHERE SHOULD YOU START YOUR BUSINESS?Obviously, at home!Separate room with door is preferableSet hours, especially if have familyTry to not take calls after hoursSet up PO Box for Privacy 4. WHEN IS A GOOD TIMETO START A BUSINESS?Write a BUSINESS PLANHave some monies set asideNetwork like crazyNOW is the perfect time 5. WHY START A NEW BUSINESS?FreedomNo limit on how much money youmakeChoose clientsSet own hours 6. RESOURCES TO GET YOU STARTEDTalk to Friends and Family get theirsupport and inputGo and see SCORERegister your Business Name with theStateCreate a WebsitePut together Prospect ListJoin LinkedIn and Start Calling Prospects 7. SET GOALSHave a Yearly Retreat with a Revenue GoalSet Monthly GoalNumber of CallsRevenue ObjectivesSet Weekly GoalsHow many phone calls do you need to make?How many appointments?Close Ratio? 8. BIGGEST PROBLEMS WITH SMALL BUSINESSPipelineKeeping ClientsToo Many ClientsNeed to have SubcontractorsBe honest 9. WHAT ABOUT PRICING?Figure out Your Total CostsFigure out Your ValueCertificationsEducationKnowledgeDont Settle for LessWorst Case: Break down current hourlysalary and add 33% for benefits 10. WHAT ABOUT PROMOTION?Business Card is Must HaveDedicated Phone with messagingPO BoxWebsiteEmail Address that isnt goofyUse Google Analytics to Measure GoalsJoin Professional Associations that makeSense