The First Step to Starting a Brand New Business
Do you have an idea for a brand new business and you’re not sure where to begin?
First of all, congratulations!
Starting a business is an extremely difficult and rewarding experience, and we’re so excited you’ve stumbled upon Social Curator to help make it easier.
Now, we have news for you…
So often when we have an idea for a new business, we haven’t thought through the details about our new product or service to ensure it will be profitable.
That’s why the first somewhat obvious but very important step to starting your brand new business is to decide exactly what you’re selling!
>>In order to have a profitable business, you must solve a problem for a specific person.<<
Ready to ensure you’re set up for success? Follow these 3 steps to help you narrow down what you do!
What problem does your business solve?
Every business solves a problem for their Ideal Client or customer, and you need to know this before you begin creating and marketing your product or service.
For example, some common problems your business may solve are:
Saving time
Making money
Decreasing stress/overwhelm
Preventing pain
Of course, some businesses have an easier time than others when trying to identify their problem.
For example, it’s *easy* to figure out the problem you solve when you’re saving people time or money or helping them get healthier.
But for those who sell more luxury products (things you may not consider a “necessity”), you may have to spend a few minutes stepping into your Ideal Client’s shoes and identifying WHY they would purchase your product or service.
We can ASSURE you, though… you DO solve a problem in the marketplace, even if it isn’t as obvious as someone helping lose weight or find love.
If you have something to sell, you solve a problem. Sometimes that problem is making people feel beautiful or helping them take their social status to the next level!
2. Who does your business solve that problem for?
Contrary to popular belief, the most successful businesses don’t sell to many, they sell to one.
In order to have a profitable business, you need to identify your Ideal Client, and then create content specifically for them.
Check out >>this post<< for 10 questions to help you identify your Ideal Client, and you’ll be set up for success!
3. How does your business solve that problem?
Now that you know what problem you solve and for who, it’s time to get into the nitty gritty details of your business.
How are you going to provide your service or sell your product?
Ask yourself:
Do you need training to get started?
Should you purchase tools?
What materials or supplies will you need?
Depending on what product or service you’ll be selling, this answer will look different for everyone. But before you start looking for your first client or customer, ensure that you know exactly how you’ll serve them!
Now that you’ve worked through how to determine exactly what you’re selling, you could benefit from a step-by-step roadmap. Luckily, we have just the thing that will walk you through the first few things you should do when starting a business to ensure you’re embarking on the path to profitability!
In our New Business Checklist, you’ll learn the 3 key elements you need to price your offer, where to find your first client or customer, how to start your social media accounts, and more. Click >>HERE<< to download it now and begin turning your dreams into reality!
