Creating a startup is an exciting first step toward development as a fully established business. You may not have previous business experience, but there are proactive steps to mitigate the potential risks – working with a certified business coach to strategize and guide your startup launch for efficiency and success is one of them.
Using a Business Assessment to Strategize
You will have the opportunity to complete a business assessment interpreted by an expert who uses your information and data to determine the optimal methods of raising capital, conducting marketing research and strategies, creating a legal structure, and creating product and service innovation.
Funding
You will make an informed decision toward acquiring the funding for your startup launch. Whether we determine your best options are crowdfunding, financial contributions from family and friends, or seeking venture capitalists.
We Create an Optimal Business Plan
A business plan contains information that encourages investors and your team to support your company. A business plan is comprehensive – it provides your partners, investors, and team more insight into what your company stands for, how it is distinct from its competition in its industry, and how it will become lucrative.
There are several elements in a business plan. To ensure you have all the information you need to make the process quicker, more efficient, and more concise for investor approval if pitching to venture capitalists, hiring a business coach to assist you is practical and beneficial.
To generate more funding opportunities to reduce the costs of your startup, we will need to create an engaging business plan where you demonstrate purpose and business capability:
- Investors need to know who you are, what services and products you provide, what purpose your company serves, and your plans for the future.
- The marketing assessment is cohesive, demonstrates comprehension of your industry, and your proposed marketing and advertising strategies align with your company.
- You demonstrate competence in knowing who your competition is and why you stand out from your competition.
Product and Service Innovation and Iteration
We review your specific products and services and assess them with your competition and current regulations to determine innovation to stay competitive and distinctive. Additionally, ongoing iteration with a minimal viable product will further legitimize and validate your business development and market readiness.
Learn Essential Business Leadership and Growth Skills
Startups can take up a lot of time and require optimal team collaboration. I teach my clients world-renowned business leadership and management skills to maintain organization, effectively use time, and sustain team engagement.
Get Results
My previous experience with a software startup working with a business owner with no business experience and who worked 70-hour weeks resulted in a $1.7 million added in revenue and quadrupled client base within a year.
You can book a consultation with me today to get started on your startup.