Showing posts with label black businesses. Show all posts
Showing posts with label black businesses. Show all posts

Friday, May 22, 2020

Mini Business/Side Hustle Plan



Hey Tribe, I have created a free and simple mini-business plan to help all creative and social entrepreneurs map out their side hustle/small business needs.

1. Your WHY/Mission/Vision- To upstart your side hustle/small business, you need to know why you are starting in the first place. This is called storytelling/your pitch. People usually connect with you due to your story. We all have a story to share, and when you are in business, people want to know your story, and you need to know your why. Take a few minutes to think about your why and write it down.

2. #Goals #Goals #Goal: You should have personal, professional, and business goals. These goals will help you and your business to grow. When you sit down to write your goals, think BIG because this is the "Do or Die" time when starting and growing a business. Don't shrink yourself or your goals. Your goals should consist of happiness. How much money do you want your business to make? Location-free business? International business? Local business? This is when you will explore your goals, write them down, develop a timeline, 3-5 action plans to achieve goals, and get it in. No shortcuts. No shrinking your greatness. Make sure your goals are achievable and realistic.

3. Who is your business for? What is your target market? This business is very pertinent because you need to research, know your customer, afford your services/products, see your customer before they see you, solve their problems, understand their goals, know where they shop, their hopes, dreams, and etc. You need to flush out this section. Be very descriptive. Give your ideal customer a name. Gender. Where do they live? What do they drive? Martial status? Educational status? Location? Traveler? Nationality? Ethnicity? Music genre of choice? How much do they make? Brands they love? Personality? What do they do for a living? What are some things they hope for and dream about? Volunteer? This will help you know your customer and start creating products and services based on what you have written down.

4. Social Media Platforms/Where are your customers? Do they like social media? Are they on Facebook? IG? Have Twitter fingers? Pinterest? Snapchat? Love emails? Love text messages? Where do your clients communicate the most on?

5. What are your services/products? Do you have affordable pricing? Have you sent out surveys and received feedback back? Focus groups? Giveaways and contests? Appropriate labeling? Why should anyone purchase your services/products? How many streams of income can you create from your products/services?

6. Outside Activity: Do you attend vending events? Networking events? Have business cards? Go to conferences? Public speaker? Enter pitching contests? Participate in your local incubators? Chamber of Commerce? ETC

7. How many coins do you need to start your business/side hustle? There are plenty of grants you can apply for to start your business. You have loans, microloans, and other kinds of business loans. Do you have a separate business account? Can you start your business right now without funding or funding from your own pockets?

This mini business plan should keep your business. This is the primary stage to see how to operate your side hustle with a plan and vision.

Please share this mini business plan with your fellow side hustlers, creatives, and social entrepreneurs. Let's get paid and not play for our creativity.

Get Paid And Not Played: Startup business strategy session: https://browngirlcoaching.as.me/goalsgoalsgoals.

Tuesday, December 4, 2018

Black Communities Conference 2018: Economics highlight





Andrea C. Imafidon had the distinct honor and privilege to speak alongside Black, brilliant, and innovated speakers. Check the highlight video to get a glimpse of the Black Communities Conference in Durham, NC. The next conference will be held the week of September 9-11 2019! BlackCommunities.unc.edu

Thursday, May 25, 2017

For My Creatives: Boss Up!!!!

Everybody want to be a Boss until it is time to do Boss things. People think being a Boss or Entrepreneur is easy peasy because people photoshop and filter their great moments and bank account statements. *Insert Kanye Shrug*
Let me be the first to let you know that everyone isn't built to be a Boss. Everyone isn't built to run a business full-time not knowing where their next profitable project is coming from. 
In business, you will be doing a lot of volunteer work. You will be competing against folks who were well wishers/fans but feel they can deliver services or make better products than you. You will find out who truly rock with you once you go into business. You will find out what you are truly made of once you go into business. You just don't go into business and think you have arrived and luchini is falling from the sky. Nah. You will have to be disciplined, focused, determined, half-cray, and a forever learning. Yeah that's cool, you have a number of downloads, number of likes and followers on social media and you have created a "buzz"! 
But how have you turned them numbers into profitable? Not projected profits but actual profits in your bank account? Did you register your business with your state and city? Are you a LLC? S-Corp? C-Corp? Do you have a business account? Do you have your intellectual property on point? 
You can be popular all you want and still be part of the Broke Phi Broke (We Don't Got It Club). You can be getting ripped off and people stealing your intellectual property because you didn't think it was important to seek an Intellectual Property attorney. Make sure you take care of business first before you come on social media and flaunt. Make sure your I's are dot and T's are crossed because people be out here ready to profit off your hard work. I love you and want you to consider everything I've mentioned before going into business. 
Also don't forget you still have bills to pay, you still have a family, you still have to stay true to yourself and take care of your holistic health. 
Love and Light,
Drea

Schedule Your Startup Your Startup Complimentary Session: bit.ly/coachingwithbrowngirl

Monday, January 9, 2017

#ManifestMonday: Why You Shouldn't Say "Coming Soon!"



Don't be like Dr. Dre and his 10 years plus coming soon "Detox" album in which he canceled and created Compton instead! You can't afford to be a flake during your startup phase of building your brand and startup because phase is crucial.
Don’t elevate expectations by making promises of material you haven’t yet written or performed. Promise less, deliver more.



Wednesday, May 11, 2016

Why Most Businesses Fail Within 2 years! "If you fail to plan, you plan to fail





Wealth Wednesday: Why most businesses fail within 2 years! "If you fail to plan, you are planning to fail!"
Every business should have a business plan! You need to visualize and understand where your business is going and growing or need some tender loving and care!
This video explains what a business plan model is and why you need one for your business or side hustle.

Monday, January 11, 2016

#MoneyMakingMonday: Ready, Set, Launch





‪#‎MondayMakingMonday‬: Stop prematurely launching your business/side hustle without an action plan. Just like a hot mixtape/album, you have to strategically plan to drop it. Launching your business is no different. Stop with the "sign up for my newsletter to be notified of the launch of my business which is coming soon" and it never comes.
"If you fail to plan, you plan to fail."