Business Planning Thought Required
- Does it align with current market trends
- Is there an expanding market for the product or service?
- Is the company credible and stable?
Business Planning - Does It Align With Current Market Trends?
Our current market trend today has moved from the industrial age economy to the information age economy. The rules have changed dramatically. Do you remember growing up someone telling you go to school get a good education so you can get a good job and a good pension? In the information age economy these are all myths: job security, business sector security, corporate or company security.
Robert Kiyosaki, famous author of “Rich Dad Poor Dad” also wrote “Cashflow Quadrant”. In this book, Robert discusses the four quadrants of how people make money. The “E” quadrant stands for employee - trade time for money. The "S" quadrant stands for self-employed. This is someone who owns their own store on Main Street. A doctor or lawyer fits this quadrant. These self employed people are still trading time for money. The “B” quadrant stands for business owner. In the industrial age economy the only people who could participate in the “B” quadrant were starting companies that had millions of dollars.
The information age economy has dramatically changed that around. Ordinary people like you and I can participate in this quadrant. The advantages to the "B" quadrant are low start up expenses, huge tax advantage and time leverage. The "I" quadrant is for Investors. It allows you the freedom to diversify a business and make investments, creating multiple streams of income. When you live in this quadrant you have freedom to design your own life style and you have the ability to help other people or charitable organizations. The right side of the quadrant allows your money to work for you.
Business Planning - Is There an Expanding Market for this Product or Service?
More and more people, including baby boomers, are looking for ways to make an income on the internet. In my search to find an expanding market that would generate revenue, I was introduced to Small Biz Incubator. We have people of all ages and walks of life. Through our experiences, skills and knowledge, we work together in creating content for our blogs. Building an online presence takes the mindset and willingness to step out of your comfort zone and learn some new things.
Arne Bush, founder and owner of Small Biz Incubator, had the vision to help other people create an online presence by teaching what he knows. He gives so much training in areas such as keyword research and SEO. He gives so much value during his sessions and in the forum. I owe a lot to Arne. Without his help, I would be struggling with creating my blogs and understanding how it all ties together. No one else is teaching what Arne teaches in creating an online presence. There is a big market out there that needs the training that Arne provides.
Business Planning - Is the Company Credible and Stable?
Small Biz Incubator was established for over three years. It is built on integrity and vision for growth in the next two years. A member of Small Biz incubator attended a seminar in Las Vegas, Nevada a year ago. She was introduced to David Wood. During one of our webinars she shared what David Wood was promoting on the internet. She introduced us to David Wood and Empower Network. Arne did some research on Empower Network and saw it to be a good fit with what Small Biz Incubator was developing.
To answer the question is the company credible and stable? Yes, they both are. David Wood has over 10 years of online presence and credibility. Together, Small Biz Incubator and Empower Network we can help others starting a home business. What are you waiting for? The time is now for business planning and creating the life you want.
To Your Success
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