Class Introduction - Turn Your Talent in to Business
Welcome Teoh. Creative Life. Welcome to turn your talent into a business in 12 steps. It really is steps or make it easy. I just talked about Where does it start? It starts with an idea, right? So But the ideas in your hit now what we have to do is we have to get that idea out. We poke it with a stick, we probe it. Does anybody want it? Who is going to be willing to give you money for it? Does anyone want to actually, you know, pay you money for the service or the product? Does it make any difference in somebody's lives? And that's really why we all have ideas because we have ideas because we want to change somebody's life. We want to make it better. We want to help someone. We want to support someone. We take something that already exists. But this we just add that one little thing to it. So that's what it's about, is like, how do we define this idea and make it something that somebody wants and pays you good money for it? This is for me running a business and being entrepreneurs abo...
ut doing something that you love and make money. Because if we spend so much time doing this, we may as well do something that's fun for us that somebody gives us money for, right? Why wouldn't it? Like? Why wouldn't we be entitled to make money with things that are fun and entertaining and meaningful to us? Your take away iss, you will lose the fear of running a business. I guarantee you you will know how to put it together because it's all about making money. And when you do it. And when you've completed this, you have officially run out of excuses. Yes. No more excuses after this. This is it. You got it in writing. You're ready to roll. So he is my promise to you. I'm gonna hold nothing back. So I want each and every one of you and everyone off you in the life audience to make me a promise and make yourself a promise. Commit 100% to this course. So let's get started. So what we're going to cover in the next three days? Are we going to start with the reason on why you have a business? You know, your vision and your mission statements, then we designed the concept is how do we take this talent and how do we turn it into your dream business? Then we have to verify it. We have to test it. And how do you test that? So we go. We'll go through that because we have to know that other people actually want it. It's no good of you, the only one who likes it. Money. How do you get money? How do you fund your business? How to even calculate how much money you need? So we'll go through all of that. Then we'll go on. Day two, we'll talk about Where are the clients? How do we find clients? How do we identify them? And I have a great process of designing customer profiles. Very exciting stuff, and you'll do is and go Go Oh wow, that's so interesting and will define how many different customer profiles actually are out there. We talk about people. Human capital people includes you. You are the number one capital in your business. We start with that and then we'll talk about team building. How to set up an organization how to design organizational structure as you grow your business. We talk about legal and financial responsibilities for your business. Like, what do you even need to know? And we have some great guests. They're coming in that are helping us with these types of things. And then we finish on the second day with operations. What are those long term growth strategies? Because when you start the business, we're not just talking about today we're looking in. The future is like, What is it supposed to be? How do I even get there? So we always start with the end goal in mind. Very, very exciting. On the third day, we'll talk about the business blend Should I say the dreaded business plan where you know how to even write a business plan? How do you put it together? You know, what does the business blend even need to intel? Good business has a business plan. Marketing. What are the strategies that are out there? Local strategies? Hopefully, yes. Things that you can do platform building. How do you get your name out there and not spend, you know, a ton of money on on on serious advertising? We talk about business skills like what What's a good leader like what do you have to have to be successful in business? And what are some of the terrible downfalls that people you know make very frequently made mistakes? I'm gonna warn you off those sustainability and again, you know, we go through who put it all together. It's like what? You know what is a long term success? What does that look like for you? Okay, so let's get started. A business is very simple. You have an idea? Somebody gives you money for it, Ted. Uh, but how is the process off? Getting this idea turned into something that is tangible, that we can offer to other people. Please, I urge you get the workbook because we will be using this all the time. I've really created this in such a way that we ride it down. We take it out they had, You know, I keep saying this. Let's make it happen together. And why am I here? When I took my business from this in $135,000 in debt to becoming a millionaire multimillionaire only 18 months later, after this lowest point, let's get started in our in our workbooks. And on page two you see the reason why you are in business. So let's think about that for a moment, so your business needs to address an important problem. Think about that for a moment. What is that important problem? You have to offer a solution to the problem, and that solution has to be very clearly defined. Ideally, many people have this problem because the more people have this problem, the bigger your cells will be. If you only address a market where only 1% has this problem, then you're only going to be able to sell to that 1%. So ideally, we want to go in a market where the market has a significant size. So we need to figure this out and you have to be clearly able to demonstrate on why your solution. It's better than anybody else. The solution. So let's take a moment and leads. Think about this is like What's the problem you addressing? Are you clear about that