We had a great start to our first NxLevel class. We started out with introductions and what to expect throughout the course.
We went through the easiest way to write a business plan:
1) Write out the business concept
2) Create a one page business model
3) Develop 3 year financial projections
4) Research and write the marketing plan
5) Take all of the above and narrate it into a business plan
Compared to other approaches, this approach works the easiest.
Our Guest Speaker was Corey Hansen, M.Sc.ODCory is a certified business advisor whose goal is to help his clients become “High Performance Entrepreneurs.” He is co-author of a process called “Best Practices of High Performance Entrepreneurs.” His process helps transform businesses making less than $1,000,000 in annual sales to achieve multimillion dollar growth, ASAP. A growing number of his clients have received local and national recognition from the Inc. Magazine “Inc 500”, Entrepreneur Magazine “Hot 100,” the Puget Sound Business Journal “Hot 100,” and Entrepreneur of the Year and Small Business of the Year awards and nominations from the SBA, Mayor of Seattle, and Ernst & Young. His top HPE clients have experienced 300% - 10,000% growth over a four or five year period.
Corey shared with the class the PowerPoint Presentation he uses to inspire entrepreneurs to make the leap to multi-million dollar revenues. We were all inspired to make the leap. Then we talked about the how to. We had a chance to ask him any questions we wanted. He quoted several interesting studies about factors of business success and survivability.
One of my biggest take aways was the idea that "the goal is more important that the process for achieving the goal." Corey shared many examples of small struggling businesses that once they caught the vision of creating a mult-million dollar business did whatever it took to achieve that level of success. Corey's concepts and online tools direct and speed up the process. Without coaching and guidence, the school of hard knocks approach takes about 20 years. Corey's clients are achieving it in 2 to 5 years.
If you attended the class and would like to add things you learned from the class please post a comment.
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