Planning to start up a business – try the business model canvas (video)

Are you in the process planning to start up a business or are you wanting ideas to grow your business to the next level. While some businesses start up and grow organically without a  formal business blueprint or strategy, most start up business owners have a spent many hours constructing a business plan. So, if you are wanting to know where and how to start planning to start up a business the business model canvas may be for you. What is does is to force you to think about you business strategy and work on  rather then in your business. I  call it a conceptual framework for business.

The Business Model Canvas, is a strategic management and entrepreneurial tool. It allows you to describe, design, challenge, invent, and pivot your business model.source

So grab a coffee, tea or water and watch these 2 videos.

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Don’t let it get you down, learn from mistakes made in business

Great entrepreneurs are good at failing. That’s what caught my attention in an article by Rhonda Abrams in USA today. Don’t let it get you down, learn from mistakes made in business. After all we all make them!  And that is what I call success, taking those failures, turning them around and applying those lessons to move forward. Rhonda covers Fail Forward, Fail Fast, Fail Smart, Fail  Cheap, Fail with Integrity.

To read Rhonda’s post  in full click:

http://www.usatoday.com/money/smallbusiness/columnist/abrams/story/2012-04-19/small-business-know-smart-way-to-fail/54420610/1

 

Don’t let it get you down, learn from mistakes made in business

In fact you nearly have permission to make mistakes.

I found this great video from life & business coach Jeff Klubeck, giving a practical example on how  learn from mistakes  made in business and life.  He talks of a mistake ROI (Return on Investment), changing your mindset and using failures as life lessons. This has been quite a revelation to me as it’s so easy to get down in the dumps with a ‘poor me’ attitude rather than, ok, I made a mistake, what can I learn from this in order not to do it again. I hope this has a similar affect on you.