Episode C1.012 (NA) Season 2 Finale

30/9/2020

IBGR.Network - PROFIT Radio. Everything a business owner needs to start, grow or exit a business. GROW WITH US!

Introduction
Congratulations! You have decided to move forward with your idea. Now what? Now it’s time to get your idea out of your head and into the real world. Over the past 11 weeks in the Stage I Finance block, we explored the steps you must consider before “Going Live.” Today is a review of the key areas you will want to focus your time and attention on before moving to Stage II.

Every show this past season was a step-by-step checklist of sorts for your business’s financial preparedness. Healthy finances are the key to operating any sustainable business and the common denominator between success and failure when you open our doors at the next stage of business growth - the stage 2 startup stage. All of this past season’s shows are available on demand as a podcast in our Community of Commerce located on our website at ibgr.network under the Join Us tab.

It’s hard to believe that we are now in 127 countries world-wide, all within our first 2 seasons or 5 months of broadcasting. Entrepreneurs and owners in 65% of the global business community are tuning in daily - thank you.

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Show Objective
The focus of today’s show is to go over a synopsis of each show from this past season. Make a note of the shows you want to listen to on the podcasts and then make time to make it happen! As always, our team of onAir talent is here to support you. Be sure to connect with us in the Community of Commerce and let’s get the conversation started!

Take a look at the programming topics covered in this stage of business development (Finance, Operations, and People) and pick which shows you feel need your attention. Our first four days of programming focus on what is called a Balanced Scorecard. I highly recommend you also add the Friday show called Owner as Executive to your listening list as well and if time permits, you will want to begin listening to shows in our startup track so you have your strategies in place one you open your doors.

Key Issues - Your Checklist

Potential Target Markets for Quick & Early Sales (22JUL20)
Size and Growth Rate of Potential Markets (29JUL20)
Current and Future Trends in Potential Markets (5AUG20)
Ability to Micro-segment Potential Markets into Niches (12AUG20)
Potential of Becoming 1 or 2 in Micro-segments (19AUG20)
Potential Customers Level of Satisfaction with Competitor Offer and Experience by Micro-segments (26AUG20)
Create a Profile and Buying Persona for Perfect Customer(s) (2SEP20)
Determine the Lifetime Value of Perfect Customer(s) (9SEP20)
Identify Marketing and Sales Channels to Reach Perfect Customer(s) (16SEP20)
Marketing and Sales Goals & Objectives for Stage II Sales Plan (23SEP20)

What You Need to Know
We’re talking about what it takes to make a successful business, or what you need to go live with your business as you research what needs to happen before opening your doors for the first time. What you need to know has been laid out for your step by step in our previous shows.

What You Need to Do:

Create a 30-day roadmap to starting a business
Start with a Lean Plan but apply Agile practices
Set Milestones and goals
Don’t Make This a Hobby
Act Like A Big Company even When You Have No Employees
Start Generating Revenue
Listen, learn and apply at ibgr.network and join the Community of Commerce for support