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Showing posts with the label Feasibility Study

Small Business Start and Grow

Starting or expanding a business is often fraught with challenges.  The biggest problem is that you don’t know what you do not know!  I started my business back in 1995 thinking that I knew everything.  After all, I am a smart guy, I have a Master’s degree, and, at the time, I had (almost) 20 years of experience in business.  Sadly, I knew NOTHING!  Sure, I was technologically competent and I understood how businesses work, however, there were big gaps in my background that I hadn’t even noticed.   I struggled with finance and accounting, never understood how to raise money, never even wrote a business plan, hate marketing (especially on-line), and I am a terrible salesman.   Because money was always short, I was forced to hire inexperienced people thinking I would train them.   In reality, much of my staff sat at their desks doing very little and I was doing all the work!   WHAT’S WRONG WITH THAT PICTURE? In this blog, in the weeks to c...