2. Time is Ticking…
Every year you…
…get a little older
…lose a little more of your youth
… a little more set in your ways
Looking ahead you have two
choices
3. Stay where you are and hope things
change…(i.e. stay in job/get promotion)
Start your own business…
2 Choices…
4. Outcome 1:
OK
Same Hours
Same Money
Same Stress
Outcome 3:
Really Good
Exponential Money
More Choice
More Freedom
More Fun
Outcome 2:
Really Bad
Large Debt
Loss of Family
Lose Confidence
No Fun
The Possible Outcomes when staying in a
job and starting a business…
Outcome 2:
Good
Promotion
Moderate Pay Rise
Bonuses
Outcome 1:
Bad
Reprimand
Maybe Sack
Staying in a job
Starting a business
5. When leaving a job to
start a business, it’s not
your skills or your ability
to do what you do that
will determine your
success…
…success will occur by
your ability to handle
rejection, failure and
your capacity to sell and
market your service or
product.
Why do so many businesses fail?
6. What Business Failure Looks Like…
• Loss of self –confidence
• Personal debt
• Family problems
• Lose of reputation
• Possible Bankruptcy
• Constantly fighting fires
• Head in the sand syndrome
• Lack of planning & preparation
What can you do to prevent this?
7. I’mAn Entrepreneur’s 6 Steps to
Start-up Success
1. Choice
2. Clarity
3. Investigation
4. Differential Value
5. Creation
6. Implementation
Taking the right action BEFORE your leave your job
to start your business can prevent business failure
8. 1. Choice 2. Clarity
What needs to
change in your life
now?
Who else needs to
be involved in this
decision?
Do you have an idea
about what market
you want to serve?
Are you clear on
what you want from
your business?
Keep doing the same
things, then expect
the same results.
Fear Keeps us Still
Focus on What you
Want, NOT on What
you Don’t Have
What Type of Life
Do You Want?
10. 4. Differential Value
What is Your Difference?
Is Your Difference of Value?
Is it commercially viable?
How will someone pay you
for it?
11. 5. Creation
What kind of Website do
you Need, Brochure; E-
Commerce
How are you going
to find resources?
Do you NEED
Investment?
Do you need
staff?
How are people
going to pay you?
Do you need
agreements in place?
13. I’mAn Entrepreneur’s 6 Steps to
Start-up Success
Choice Clarity Investigation
Differential
Value Creation Implimentation
The six steps are design to ensure you
create and develop a business that can
generate money before you risk finding out
if it will work or not.