Ask yourself, “What capabilities and resources do I need to succeed with my idea?” The first response you have might be one of overwhelm. However, with some thought and planning, you can see every detail. What I like you to do is mind map the entire process. Map out the major areas of your business and then you can see visually what you need to get everything done. If you’re a one-person show, then your map has to be very simple.
Items on your mind map might be (but will not be limited to):
• Write a business plan
• Get capital (money) to start my business
• Get a website
• Produce my product
• Package my product or service
• Produce marketing material (brochures, letters, etc.)
• Get help selling my product
The mind map is great because you can keep expanding each branch to really drill down into the actual processes that have to occur to achieve your objective.
Think about this: if it’s on the map, it needs to get done. If you’re not prepared to do it and you’re not prepared to hire someone to do it, then it doesn’t belong on the map. Think about your time and what God is calling you to do.
For me, I’ve got a great wife and three awesome kids. I don’t want to be sitting at my desk all day and night. I want to spend time with my kids when they come home from school. Thus, I need to limit what I do in this business to fit the lifestyle that I’m after.
You do not have to build yourself a business trap that simply amounts to a job where the business system you build controls your every waking moment. Think about this carefully.
When you have finished your mind map, save it as a PDF and submit it to your teacher.