$100 challenge - we decided that our action plan was to flip stuff off of Craigslist and try to earn money that way, but the idea was also presented to do a talent show and get money off of the sales. We decided to go with flipping, but there are still some reservations on how this is going to work.
This week was all about creating a business plan start up nation #3 gives an introduction to the business plan, why it is needed, and the best way to start. We also read about how to avoid common start up mistakes. There were 4 main steps to look at when starting up your business
Step 1: Stay on Target
Step 2: Be Realistic About Costs
Step 3: Hire the People You Need, Not the People You Like
Step 4: Know When to Say Goodbye
These are great steps to help out when starting to go out on your own.
We then studied another case, this was about Heather Evans. Heather Evans was a fashion designer looking to start her own company. She attended Harvard Business school in order to gain the skills needed to create her own successful business. This case is about her struggles to finance her business, and also to bring those people into her business that will make the work easier and run smoother.
Acton Hero - Desh Deshpande
set benchmarks to measure yourself
it’s not the end of the world
Always stay motivated
Acton Hero - Paul Robshaw
nothing good in this world is easy
nothing is as important as your core values
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