How To Build A 6 Figure Business
A Step By Step Approach
This course outline, currently being taught at colleges and universities around the country. The content is very unique to the training put together by Shawn Taylor. This training could be subtitled "The success platform for the modern day entrepreneur" Designed for entrepreneurs who are either starting a new business or growing an existing one, this course will take the students throughout the process of conceiving, creating, managing and growing their own business. The course covers the key elements to starting and running a successful business. The goal is to provide a solid background with practical application of important concepts for anybody starting or running a business, regardless of educational background.
Going through this 12 week training program will help you build a solid foundation for your success. You will learn everything about your business and the key elements to starting and running a business. It is highly recommended to purchase a business plan software system where you can implement information learned and apply it to your plan.
These include:
- Is your idea going to work or not (market analysis)
- Who is your ideal customer? (who specifically are you targeting)
- What traits best describe your potential customers? (how do they buy)
- What is the best way to reach your potential customers?
- What are your starting costs and other starting needs?
- What are your estimated sales?
- What does it cost you to make your product?
- What does it cost to sell your product or service?
- What expenses do you have to pay, whether you make a sale or not?
- What is your break-even point and how do you reach that point?
- How do you build the best team of managers to run the business?
- How will you be paid as the owner; when will you be paid?
- What are the costs to create a website for your business (do you need this)?
- What is the difference between cash and profits?
- Will you need a loan to start your business; what kind of financing will best fit your needs?
- If you need a business plan for a loan, what information do you need to include?
- What are the different ways you can present your business plan?
These are just some of the areas of the curriculum that we will be diving into. But it actually goes a lot more into detail as you began to go through the course and curriculums.
Each session that you go through will have the objectives for that session and what that session will cover, an overview of the session, great content for each session and development strategies.
As we began to develop your mind for success through this online business training, We, of the Shawn Taylor & Associates Group know, from results recorded over a period exceeding fifteen years, that we have tested seeds of success to sow—seeds that will germinate and yield the fruits of peace-of-mind provided the soil in which the seeds are to be sowed is prepared.
Therefore, we desire to clear away, should clearance be necessary, what may be called debris of the mind—those things that hamper the cultivation of straight thinking and purposeful procedure.
If you cannot control your thinking, your thinking will control you. You can, and you will, direct your thoughts once you know how your mind works either for, or against, you. So let this training, your mental development yield dividends for you for the rest of your life.
Please reference below for course training outline
Session 1: Introduction
The first session of the course provides an overview of entrepreneurship and the basics of starting a business. The key elements that will be addressed in the course are defined:
- What is an entrepreneur?
- What needs is your business going to fill?
- What do YOU bring to the equation?
- What does your business plan look like?
- How are you going to make it all happen?
Session 2: Concept Kick Start
So you’re thinking about starting your own business — what’s the first step? This session covers that first step, taking the idea that has been forming in your head (concept) and seeing if you can turn it into a business reality.
Session 3: Business Basics
How do you choose and own your business name, what structure is your business going to have, and what are the tax implications? The different types of startups and the legalities involved are discussed in this session.
Session 4: Market Analysis
Defining your target markets and what value you are going to be offering to your customers is an important part of the planning process. This session covers the ways to gather and measure data about your market.
Session 5: Marketing Strategy
Once you’ve defined your market, you need a plan to reach them. The difference between marketing and sales is discussed, as is planning a marketing strategy that best reaches your target market.
Session 6: Basic Numbers, Part 1
This class gives an overview of the basic financial numbers and creates a Start-up table for a hypothetical business.
Session 7: Basic Numbers, Part 2
In this session, all the numbers in the business plan are pulled together. In hands-on exercises, the class will forecast sales and estimate starting costs, as well as cover other plan projections.
Session 8: Getting Financed
This class will tackle the different types of financing available to help start a business, and what kinds of financing works for what kinds of startups.
Session 9: Building a Team
Putting together your team, and planning for future hiring, is covered in this session. Also discussed is a review of the legal implications of the employer-employee relationship.
Session 10: The Web
The Internet has become an essential small-business marketing tool. This session gives an overview of building a website and driving traffic to it with web searches, social media, and other tools.
Session 11: Cash and Taxes
This session has two pieces — the first is about standard record keeping processes and programs, the second is specifically focused on the importance of cash flow in a healthy business.
Session 12: Plans and Pitches
The topic of the final session is the difference between a business ‘pitch’ and a business ‘plan’ and the advantages of both. It includes things to consider when presenting your business idea to potential investors, and how to determine the amount of investment you actually need.
When The Dream Is Big Enough; The Odds Don't Matter
20755 Northland Dr Southfield, Mi
Your Instructor
Founded in 2005, Shawn Taylor & Associates is a dynamic group of Home Inspectors, Business Coaches and Leadership Experts, working to create unique entrepreneur development programs and services. Our goal is to not simply be a premier training agency but to be synonymous with excellence in the training/development area. Setting the standard is one thing but continually raising the bar is another - that's our true aim. And of course, the way we measure success is by the success of our clients and what they think of our programs.
Shawn Taylor believes that one of the major causes of poverty is business failure, often due to a lack of expertise. Learning the basics of entrepreneurship and business ownership will, I believe, will significantly lower the rates of global poverty. I have met & trained thousands of young people who have the drive to make their families proud, build good communities, go to college and exit poverty via entrepreneurship/home inspection. Learning how to start a business/Learn a trade should be a part of every school's curriculum...
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