Begin with the end in Mind - Rick Carter

Rick Carter - Your Business 2.0

www.yourbusiness2.live 
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Introduction:

In every show we talk about what being an Encore Entrepreneur means to help you understand the what and the why before launching into the how.

To help with this we have 2 regular segments -

Opportunities for the Modern Elder in start up business

Future Back Thinking - how to plan today having some clarity (not certainty)  about future trends

Show Objectives:

Understand what your exit strategy will be - before you start the business

Include all the possible options in your business plan

Clearly identify which strategy will best fit your aims in starting the business

• Do you want a long term family business?
• Do you want to sell at some point - who to?
• Do you want to do an IPO

In planning your exit it is vital to know what problems you are solving and how 

• List all the questions that you need to define the problem
• Establish a process to analyse 
• Establish the need before you write the problem statement

“If I were given one hour to save the planet, I would spend 59 minutes defining the problem and one minute resolving it,” Albert Einstein said.

What is a minimum Viable Product to solve the problem to get started


Key Issues

Understand where you are heading before you start 

Follow the lead of the Founder Institute and write a clear Vision for 2021 that sets you on the course you have defined for the next ten years

In planning the future don't aim to be certain but be clear about a portfolio of possibilities 


What You Need to Do

Check out an exciting new tool from Founder Institute to help devise ’For Progress’ startup ideas (https://fi.co/progress)

Read about or listen to - 
https://chipconley.com/ and his book Wisdom @ Work

https://kk.org/ Kevin Kelly and his book The Inevitable

https://www.iftf.org/bobjohansen/  Futurist Bob Johansen who talks about Future Back Thinking

Start working on your Purpose Canvas 
https://www.leanservicedesign.ch/purpose-canvas/ 


Keep developing your  1 minute Pitch by analysing what Problems you plan to solve and why based on what you learned today 
 

Shows
The Last - Pains, Gains, Customers and Value Propositions

The Next - Are you a leader or a follower?
Are You Really An Entrepreneur?

Written by Rick Carter
Connect with me at
www.YourBusiness2.live ​