Business Town
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BusinessTown covers all aspects of starting and building a business including developing the concept, planning and starting a business, creating and refining strategy, digital and traditional marketing, leadership, and finance.
Business Town
1y ago
Many people believe they cannot find a great business idea.
Well, I’ve got great news for you. It’s simply not true!
You can find a great business idea!
In this article I’ll give you all kinds of great business ideas. But first let me introduce myself.
My name is Bob Adams and I have started 17 businesses. I also have a Harvard MBA. Most of my businesses I started with less than $2,000 – including one business that I sold for $40 million dollars.
I first started simpler businesses such as house painting and renting bicycles. Later I started more complex businesses such as book publishing and ..read more
Business Town
1y ago
Hi there! I’m Bob Adams, Harvard MBA and serial entrepreneur.
Once I was in your shoes thinking about starting my first business. I had no idea what to do. It was a little scary!
But I’m going to make starting a business a lot easier for you – I’m going to show you exactly what to do – at each step.
INSIDER TIP – If you follow these steps to start your business you’ll be way ahead of most newbie entrepreneurs who make a lot of mistakes.
Contents
Introduction
Finalize Your Decision
Choose Your Business
Differentiate Your Business
Name Your Business
Strategy and Business Plan
Financial Statement ..read more
Business Town
1y ago
I’m Bob Adams. I have started over a dozen successful businesses. One business I began in my basement apartment with just $1500 and I later sold it for $40 million. I have mastered the art of starting a business with a very small investment and making it into a highly profitable and successful enterprise. I also have a Harvard MBA.
The Same Key Success Factors Apply for All Businesses
I have learned what works in business and what doesn’t. I have learned that the same key success factors apply for virtually all types and sizes of businesses.
They apply for product businesses and they apply for ..read more
Business Town
1y ago
Business plans can be long and complex, but they don’t have to be. In fact, a one-page business plan can often be better and more powerful than a traditional plan. Writing a one-page plan is also a useful exercise because it forces you to think critically about your business and get right to the point of what you’re doing.
Of course, this isn’t to say that you shouldn’t create a standard business plan. You should. But a one-page plan does have some advantages a standard plan doesn’t have.
Before continuing the article, consider taking my quiz below to learn what business is best for you ..read more
Business Town
1y ago
Never underestimate the power of brevity. Marketing plans can run for pages, and sometimes they should. But for many situations a one-page marketing is fine, if not even better than a longer plan.
A one-page marketing plan forces you to coalesce your thoughts into one short, succinct document. Like the one-page business plan, the single-sheet marketing plan encourages you to focus on what really matters. It can help bring clarity to your thoughts. It can help team members both understand and maintain a better recall of your marketing direction.
Even a one-page marketing plan should include mor ..read more
Business Town
1y ago
Can you really start a successful business out of your home?
Yes you certainly can!
I know because I’ve done it. I’m Bob Adams. I’m a serial entrepreneur and Harvard MBA.
I’ve started a number of successful home businesses – including one that I started with $1500 and later sold for $40 million.
I present real proven home business ideas in this article. Most of them are easy to start and require little experience. You can start them small and grow them at your own pace.
Before you start the article, I recommend you take my quiz and discover what business is best for you.
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QUIZ: WH ..read more
Business Town
1y ago
Before you start your business, you need to give careful thought to the type of legal structure that you will choose. The decision that you make will likely have dramatic implications for years to come, especially regarding personal liability exposure, taxation, your potential to attract investors, and your ability to main control of your company.
At the risk of oversimplifying, in the US there are five basic choices when selecting a legal structure for your business.
Defining Legal Structures for Businesses
A limited liability company (LLC) is a way to organize a business that limits the liab ..read more
Business Town
1y ago
Follow your passion
No matter what your interests and hobbies are, there is a perfect business for you. Starting your own business allows you to zero in on what you really like and make a great living out of it. It’s really motivating to get up every morning and do what you love!
Do you like food and cooking? You could start a catering business. Do you like to work outdoors? There’s always work for a landscaping business. Are you into luxury watches or other collectibles? You could start an ebay trading business.
The possibilities are endless and work doesn’t have to feel like work. So why not ..read more
Business Town
1y ago
The idea of being “one-in-a-million” is ideal for characters in romantic comedies, but it’s not really a great way to think of your blog.
However, unless you produce insightful content that reaches the right audience, that’s exactly what your blog will be: just one of millions of sites that no one visits.
So, how do you actually make your blog relevant, and more importantly, a potential source for revenue-generating leads?
The answer lies in the details, the many, many details.
We will use a fictional company, the Boston-based Bob’s Bike Shop, as an example, and walk you through the ste ..read more
Business Town
1y ago
When I launched my early businesses, I avoided meetings like the plague. To me, business meetings were a hallmark of bloated corporations and bureaucratic government entities, neither of which I was trying to emulate. However, I eventually learned that I was wrong. Well-run meetings can boost the performance of businesses of all sizes.
As Henry Ford said: “If everyone is moving forward together, success takes care of itself.”
Nonetheless, many business meetings are a waste of time. If you’re not bringing people together in a way that’s productive, lively, and collaborative, much of what ..read more