What is your solution to the problem? Discover if your concept has "salability". Test your idea before you invest a single cent.
Once you determine that your product or service has salability, it is time to develop it. Go through the steps of executing your product and service and recruiting key people to bring it to fruition.
There are a series of steps to starting a business. Completing these steps will help you obtain a business loan, federal grants, recruit investors, and become a certified business.
Determine the cost of your product or service utilizing simplified accounting applications.
Promote your product or service utilizing the Four P’s of Marketing: Product, Place, Promotion, and Price.
Executing the steps to get your product/service to the customer.
Go through the steps of protecting your idea before it is revealed to the market. Understand the differences between a trademark, copyrights, patents, and how to apply the correct intellectual property to your invention.
Once you’ve completed the first seven modules, you are equipped with the information needed to write your business plan. The business plan template provided will take you through this final step with ease.
The Entrepreneur Guide to Potential Success (GPS) was inspired by the life experiences of countless entrepreneurs. As an entrepreneur herself, Laketa Dumas went to numerous seminars and boot camps and wrote several business plans. However, the most valuable lessons she learned was through her personal experiences, which include traveling to China and building relationships with manufacturers, patenting a concept, designing an app, and developing a business game. Through my countless failures (also known as stepping stones) to success came the true meaning of business that could not be taught in any textbook or classroom.
The Entrepreneur GPS is a simplified business development guide that outlines the process with ease and clarification. This step-by-step guide is for novice learners who are searching for a direct route to success. The Entrepreneur GPS is a self-paced business module that takes you through the steps of bringing your concept to fruition.
