5 tips WHEN YOU’RE STARTING A NEW BUSINESS

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These tips were provided by MYOB - a sponsor of Venture Taranaki’s business competition ‘Idea Summit Taranaki’.

1. BE CURIOUS - Be EVER curious

  • Explore the new, explore what these things mean
  •  In business you should ALWAYS be asking “Does this help MY customers?” or “Does this help MY business?” or “Does this enable  someone ELSE to disrupt me?”


2. GET S**T DONE - Get stuff done

  • Don’t over think it

  •  Try, try and try again

  •  Done is better than perfect

  • If you aren’t getting on and doing stuff, your competitors will be
     

3. EMBRACE CHANGE - Don’t fear the future

  • Will robots take our jobs - maybe, maybe not… first they will augment our jobs, this future will CREATE new jobs
  •  Future jobs will be more creative, focused more on problem solving, emotive and will be less about the doing & the repetitive nature of work
     

4. FIND ‘A’ PLAYERS

If you are the smartest person in the room (or on the team) you are in the wrong room! Doing things alone won’t get you far … very few people succeed on their own! You need to find a team - Steve Jobs had a team, Jack Ma had a core team who worked with him, Jeff Bezos credits those around him for the KEY points in Amazon’s growth …’A’ players will go the extra mile.


5. FALL IN LOVE WITH THE PROBLEM

•  If there is one thing that will set you up for success, in business, in
    life… it’s this! You started a business to solve a problem, embrace it. 

•  Passion counts…it’s often said that if you do something you love,
    you’ll never work another day in in your life. Most successful
    business people are passionate about their business, they love it. Do
    you love yours? 

 

TRANSLATING YOUR IDEAS INTO A SUCCESSFUL BUSINESS TAKES TIME, RESOURCES AND ENERGY 

At Venture Taranaki, we understand it can be daunting to start up a new business so we are there for newly established businesses, and all those considering taking the plunge by offering support, advice and assistance through Business Startup Clinics.

Business Startup Clinics offer a confidential, free, one-on-one consultation with our experienced Startup Business Advisor. The clinic gives you the chance to ask any business questions on everything ranging from business planning to sales and marketing.

Business Startup Clinics are scheduled regularly in New Plymouth, Hawera and Stratford, and elsewhere in Taranaki on demand. 

If you have an idea for a business and need help getting started, get in touch with our Business Startup

Clinic Co-ordinator to book an appointment call 06 759 5163 or email startup@venture.org.nz