The First 100 Days: Your Startup Survival Guide

Last week I had the pleasure of speaking to Oklahoma State University entrepreneurship students in a class called The First 100 Days of Launching a Business. Nothing energizes me more than being in Stillwater on campus with smart students ready to take on the world!

 

The first 100 days of a startup are critical for setting a strong foundation. Here’s  a few of the tips I shared with these students:

1. First you need to have a clear Vision & Mission for your business. I can't be all about money or you will fizzle out quickly! What is your purpose, what are your core values, and what is your long-term vision?

2. Business Structure Setup– Be sure to register your business with the state by setting up an LLC or corporation and set up a business bank account.  

3. Identify Your Target Market – Conduct market research to understand your ideal customer and analyze competitors to differentiate yourself. No money for market research? I get it! Conduct your own research by asking family and friends about your product or service. What do they like? Not like? Is it solving a problem for them? How much would they pay for it?

 

Find out the 10 steps you must take with The First 100 Days: Your Startup Survival Guide on the latest episode of the DO IT MY WAY Podcast!

 

Not sure where to start with your business idea? Book a free consultation by visiting https://deedradeterman.com/ and click on GET STARTED!