How To Train Your Business: March 2015

Sunday, March 22, 2015

Selling my timeshare week for this year

Hello, I wish to take advantage of this platform to offer my timeshare week for 2015 at Sheraton Buganvilia in Puerto Vallarta. I won't be using this week, so it is up for grabs.

Puerto Vallarta, Mexico, is a great place for vacationing and Sheraton Buganvilias is one of the best hotels, right next to town and in a walking distance to the malecon.

The timeshare building called the Buganvilias Resort Vacation Club has it's own pool, set apart from the pool of the hotel, with Jacuzzi and bar.

The room is a Presidential Suite, it is a double unit with one master bedroom with a king size bed, bathroom with tub, the second bedroom has partial kitchenette with a Murphy bed. This suite is great for 4 guests.

I include the link to the official website's information here.

Made an Ebay Listing here

Here are some pics of the hotel and suite:

Here is a map of the hotel's location so you can confirm how near it is from downtown.

The week is a floating week, so, it can be used from May 2nd to October 31st 2015

The regular price for a full week in a suite like this is $2,700.00 USD

I'm offering this $1,900.00 USD, payable with PayPal.

If you are interested in this please click here.

Wednesday, March 18, 2015

Step 10. Bussiness Plan

Before you go out and start doing anything to create your business, you need a road map to move forward. You need to plan out what winning looks like for you and your business, that's where the business plan comes into play. You now know what makes you happy, you've decided to become your own boss and be financially independent, you know what you want to do and what you are going to call your business, but where to go next? Enter the business plan.

You have to design, think and research in detail your market, your product or service, your competition, your costs, what equipment you will need, how are you going to manufacture your product or what tools you need to provide your service, how big is your team going to be, etc. These are the basic question that your business plan will answer to help you trace your path to success.

There are several reasons you need a Business Plan, but mainly is to be able to explain your ideas to other people, for example, you will need your business plan to convey your ideas to your spouse or significant other on how you plan to bring food to the table, you will need it to explain your business to team members you are bringing in, every funding method out there will require you to provide a business plan to show how you intend to create revenue, what you'll costs be, what equipment will be required and who will be your market.

Let's see which basic questions your Business Plan needs to answer:

The Problem: You found an itch in a niche that needs to be scratched, explain what it is.
The Solution: How are you going to scratch that itch?
Business Model: How are you going to make money scratching this itch.
Tarket Market: Who is the group of persons or niche that has this itch, how big is this group?
Competitive Advantage: Compared to other products or services that scratch this itch, what will make you better?
Financial Summary: How much is it going to cost you to scratch the itch, how much are you going to charge to scratch it and what other factors will have a financial impact while scratching the itch.
Required Funding: How much money you will need to start your business to scratch this particular itch.

There are several samples out there for Business Plan templates, software that helps you create your business plan and books on the subject. But if you are able to answer these basic questions, you can make a one page Business Plan that will help you pitch your idea to possible investors, or email them this one page BP and if it is in one short page, they will have time to read it, a busy person rarely has time to read more than one page, so this first one page business plan can help you get started in many ways. But mainly it will help you design the path you will follow to success and what winning, for you and your business, looks like.

Here is a list of the best Business Plan software to help you get started.

and here are some books I recommend:

There are many great books on how to start your own business, that I will share in future posts, but I do want to emphasize the importance of your business plan, so having a book specially for that will help you go a great length before you even start.

Live, Laugh, Love and Keep Moving Forward!

MrFireDragon

Monday, March 2, 2015

Step 9: What's In a Name?

By now you have decided to become an entrepreneur, have found what makes you happy and a possible way to monetize this thing that makes you happy, you've taken accountability for your own situation, you've started to change your habits and started to write everything, but specially your goals and have created a vision of the future and where you want to be with your business.

You've also started to plan either in paper (you better be doing in on paper) or in your mind, on how you will set up your business, either online or brick and mortar, how many employees you'll need, how you'll get your funding, etc. But before you get going on those subjects, you have other things to think about.

Do not underestimate the power of a great name, don't worry about the logo and image of your business, that's the next step. First things first, how is your business or company is going to be called? No, not your product or service, your company. If you limit the name to your service or product, how will you expand later on? You have to choose a name that will let you grow and won't limit you.

Imagine you want to sell tires in San Jose, California. Don't name your business San Jose Tires Inc. What if you open a branch in San Francisco? or Las Vegas? Phoenix? and let's say that you expand your business with other services like oil change, break, motor tuning, etc? You will have to come up with a better name that will not limit you to an specific location, product or service.

Make it easy to remember, comfortable and something that will let you reach the exact market you need. Don't make things hard for your market, help them to be able to remember your name. Research what would your market like, come up with a list of names and show it to them, let them help you choose.

There are several ways to come up in an amazing name, you might want to give it a go on your own or you can choose to hire the help of experts. So I want to share with you several articles that have helped me on choosing the name of my next two projects, and I am certain that you can also learn a great deal from them to reach that amazing name you seek.