Business Startup 101 – 11. Profitably Nail It All Then Scale It All – Part 2
Are you starting a business? Are you wanting to grow your company to the next level? Do you need help figuring out where to start? Are you looking to expand the growth of your company and reaching your financial goals? Are you wondering what mindset you need to have if you are you wanting to reach your goals? Are you wanting to learn practical steps that you can implement in your life and business? Are you needing inspiration and motivation? Do you want to become a successful entrepreneur? Are you wondering how you can motivate yourself? Then keep watching to learn all the answers in this series!
In this series, Clay Clark, the former U.S. Small Business Administrator Entrepreneur of the year and father of 5 children, deep dives into talking about business startup 101. In this video, you will learn the practical steps that every business owner needs to know to grow themselves and to grow their business. Clay starts the video off by explaining what the difference is between BUSINESS and BUSYNESS and why you need to know your WHY for the business. If you want to just be busy all the time, and the business run your life, then that’s one thing. But if you want the business to run for you then you have to follow all the steps they are laying out for you in this series. Clay will discuss what matters and what you need to spend your time focusing on the most.
In this video, Clay Clark also explains that you have to document the profitability of each transaction after factoring in all expenses. You have to write down all of your fixed cost; rent, insurance, utilities and your variable cost; materials, boxes, website. In this series, you will be taught what is necessary to become the successful person you want to become. If you are interested in what exact action steps you need to take to become a successful entrepreneur than keep watching this series.