You Only Need 3 Weeks

By Kara Ohngren Prior • Jan 26, 2010

Opinions expressed by Entrepreneur contributors are their own.

tim-berry.jpg
Growth 2.0 Conference Week One:
  • Create your main idea and define success.
  • Talk to co-founders.
  • Get it in writing.
  • Name your business.
  • Create an initial sales forecast.
  • Create an initial expense budget.
  • Estimate starting costs.
  • Make the first sale.
Week Two:
  • Define your marketing strategy.
  • Create your look and feel.
  • Get a presence on the web.
  • Create a merchant account.
  • Set up insurance.
  • Create an initial expense budget.
  • Recruit potential employees.
Week Three:
  • Find a location.
  • Set up bookkeeping.
  • Make it legal.
  • Initial hiring.
  • Settle the financing.
  • Make the sale.
Beyond Three Weeks:
  • Make the sale.
  • Pay your taxes.
  • Focus on customer service.
  • Marketing.
  • Create employer policies, systems.
Top 10 Startup Mistakes:
  1. Unrealistic Forecasts
  2. Incomplete Teams
  3. Misunderstanding Equity
  4. Investment or Bust
  5. Ideas Do Not Equal Opportunities
  6. Trying to do Everything
  7. Pricing too Low
  8. Failing to Plan
  9. Not Enough Cash
  10. No Real Need in the Marketplace
The Plan-As-You-Go Business Plan 3 Weeks to Startup Entrepreneur Press http//timberry.bplans.com http://upandrunning.entrepreneur.com
tim-berry.jpg
Growth 2.0 Conference Week One:
  • Create your main idea and define success.
  • Talk to co-founders.
  • Get it in writing.
  • Name your business.
  • Create an initial sales forecast.
  • Create an initial expense budget.
  • Estimate starting costs.
  • Make the first sale.
Week Two:
  • Define your marketing strategy.
  • Create your look and feel.
  • Get a presence on the web.
  • Create a merchant account.
  • Set up insurance.
  • Create an initial expense budget.
  • Recruit potential employees.
Week Three:
  • Find a location.
  • Set up bookkeeping.
  • Make it legal.
  • Initial hiring.
  • Settle the financing.
  • Make the sale.
Beyond Three Weeks:
  • Make the sale.
  • Pay your taxes.
  • Focus on customer service.
  • Marketing.
  • Create employer policies, systems.
Top 10 Startup Mistakes:
  1. Unrealistic Forecasts
  2. Incomplete Teams
  3. Misunderstanding Equity
  4. Investment or Bust
  5. Ideas Do Not Equal Opportunities
  6. Trying to do Everything
  7. Pricing too Low
  8. Failing to Plan
  9. Not Enough Cash
  10. No Real Need in the Marketplace
The Plan-As-You-Go Business Plan 3 Weeks to Startup Entrepreneur Press http//timberry.bplans.com http://upandrunning.entrepreneur.com

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In

Kara Ohngren is a freelance writer and part-time editor at YoungEntrepreneur. Her work has appeared in publications including Entrepreneur Magazine, The New York Times, MSNBC, The Huffington Post and Business Insider.

Related Content