startup

Nine Steps To Set Up Your Green Business

My coach Rob Seidenspinner (on LinkedIn) always reminds me that all of us are creative, resourceful, and whole. If you're reading this blog, you have the makings of a green entrepreneur. Believe in your skills, talent, and knowledge --- you have an opportunity to better your own personal situation, your community, and our planet. So take the next step!

If you are considering starting up a green business, but don't know how to start, or if you have a green idea and want to implement it, we invite your participation in the GreenBizWomen.com community.

Your business is like a child: it takes nurturing, planning, and ongoing maintenance. It takes preparation, hard work, and reaching out to others to help you. However, you have an opportunity for a fantastic payoff when your business grows up and starts "bringing you a plate". I won't sugarcoat it, though -- ask any businessperson and they'll tell you there are major ups and downs and the work can and will take a toll on you and your family.

In my experience I've found that the people who work smarter (not harder) and who fully commit to the business are the ones who find a way to make their business work for them.

Step 1) Figure out your priorities.
Do you want more time with your family? Do you want to set up a passive income stream on the side? Do you want to join someone else's work or do you want to start your own project?

When you figure out your priorities for what you want, you can then set up some goals and understand your "benchmarks" for success. I recommend you go into business if you have A) the courage to succeed, B) the tenacity to make your business work, C) the desire to make a green difference in the world.

Step 2) What's your timeline?
What kind of timeline are you considering? You can set up an online affiliate program in as little as a few days, but if you're building a new business, product line, or service, you're looking at a goal three to five years down the road.

How much time do you have available and what are you willing to put in to your business? The answers to those questions give you an indication of your expected timeframe.

Step 3) What's your startup budget?
Going into business requires capital. This may come as a startup loan from friends or family, it may require you dipping into your savings, or it might mean you increase your tolerance for credit card debt.

If you are going into business for yourself, figure out how much you can realistically afford to support the business. Note that the road to profitability takes time, and even your best scenarios will require paying customers for you to make your business work for you and eventually pay you back and pay you a salary.

Step 4) What's your plan?
I'm not a big fan of "analysis paralysis" but you will need a plan to help you to organize your thinking.

Do at least a two-page draft of your big idea, whittled down into basic items such as:

a) the need --- what is the burning need that your product or service fills?

b) the market -- who is going to buy your product or service? Specify, specify, specify.

c) price points -- how much do you need to sell to break even (pay all your expenses?) how much do you need to sell to make a profit (pay all your expenses and have some left over?)

d) distribution - how will you get your product or service into the hands of your customers? is you going after your local market, a national market, or the international marketplace? who will help you promote and market your business?

Step 5) Get started with your checklist of what you need.
You'll need a product, a service, advisors/partners/supporters, a marketing plan, business cards, and a website or blog to start getting the word out.

Step 6) Fine-tune your mission statement.
Why are you doing what you do? Why will a customer choose you over all your competition? What is your niche offering that you do well, or the specific need for which your company has the best solution? When you identify your business in 7 seconds, you've nailed your mission statement.

For example: "My focus as a web developer is in creating websites that build community and foster a feeling of connectedness - we are committed to the success of women entrepreneurs, progressive organizations, membership groups, and fair trade, organic, holistic, sustainable, and green businesses. Our specialty is highly functional Drupal and custom Content Management System websites."

Step 7) Develop your keywords list.
I see this step as being essential to identifying your market. What top twelve words and phrases explain your company, your business philosophy, and your offerings?

This keyword list will drive your language when you talk, write, and blog about the company, and it will drive your focus when you reach out to potential and current customers.

Step 8) Get customers.
No business exists without customers, clients, users, and people who contribute to your bottom line. I'm sure you've read how megastartups like YouTube continue to lose between $250 to $500 million dollars a year, which might be fine for a large corporation like Google to absorb as part of their market research, but this series assumes that you are actually in business to make money (if not, I invite you to stop reading and go browse around the other fantastic posts on TheGreenGirls.com!)

You find customers online and in person. If you are predominantly online, develop a website and a social networking presence. If you are predominantly local, develop business cards, a 30-second elevator pitch, and start meeting people in your community.

What does your customer need? What pain does your service help lessen? Does your customer want to be entertained? What solution does your product offer? Figure out what your customer needs and understand how you will deliver value through fulfilling those needs.

Step 9) Get a website developed.
Of course, as a website developer, this is my strong bias, but my belief is that with an effective, functional, content management system-based website, you get exceptional results.

Through my company, we've had enough experience with non-professional looking templates, websites that your cousin's brother's classmate created, and websites that are hard-coded so that you can't make an update to it. Believe me, whatever you start out with, you'll eventually need to upgrade, so you may as well do it right the first time:

a) Get a content management system (a custom CMS, Drupal, Joomla!, and Wordpress are terms you'll hear more and more frequently).

b) Consider the main five pages you want to put online -- Home, About, Products and Services, Mission/Vision/Values, Contact --- as well as any additional pages.

c) Hire an effective web producer that you trust and who will still be around in a few years. Get a design and an installation done within your budget. Shop around for rate quotes and go with a team that feels right to you.

d) Content, content, content. It's much more important to fill your website with engaging and search-engine friendly page content about your business, about your industry, about trends and policies, about what you offer, and about you and your team. These are the items that personalize your company and make it easier to find when someone does a search on your keywords.

e) Analyze your data. How many people are visiting? What can you offer to get more people to come into your web pipeline? Consider creating a free resource and offering it to people who join your mailing list. Consider offering coupon codes to every 100 Twitter followers. Reach out: there are many ways to build your community of clients online.

Do you need more tips? We offer plenty of resources on this website as well as personalized Green Business Consulting: more info

Cultivating Relationships

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Let's talk about relationships and how they impact your life and your growing green business. Have you done an assessment lately of the types of people who are impacting you? I've "slotted" important people for my own life into some very special lists.

When you think about it, three different types of relationships are going to impact your life:

1) positive relationships, such as friends, family, significant others, mentors, and associates, and people to whom you have a strong positive reaction

2) negative relationships, such as difficult clients, people who are mean, hostile, or malicious to you, challengers, and people to whom you have a strong negative reaction

3) neutral relationships, with whom you do not have a strong emotional connection

Also consider breakdowns from the above: you'll might know "friend-of-a-friend" people (easily found through a tool like LinkedIn.com), people who are interested in you (such as followers through Twitter.com or fans on Facebook.com), and regular friends with whom you share a mutually beneficial and positive relationship.

The task ahead of you as you grow your green business is to identify your most important business relationships, your "core" relationships that will help you build your business: note that these may or may not be related to your life relationships!

We work very closely with referral partners, companies who overlap --- but don't do the same as -- our own business, and people who are in a similar industry but don't do our exact work. We also work with people who are relatively new in our own field of work, because we help do more complex or complicated projects.

Relationships take time and trust. Hundreds of thousands of dollars transfer hands based on a handshake or someone's relationship, so consider what your current relationship circles look like and where you can improve.

My list of people I relate to is the following:

+ Experts and Influentials -- people who perform at a level I'm interested in, and who I learn from
+ Mentors -- my coaches and teachers
+ Friends - from childhood through adulthood
+ Work Associates -- people from other jobs I've held
+ People I'd Like to Get to Know Better

Who's on your own list of relationships? Who can you cut? Who's missing?

In general, I advise you to move closer to people who you "resonate" with-- these are typically people on your "positive" list. I also advise you to reduce your exposure to people who are on your "negative" list.

As you grow your green business and get to know more people, and interact with more people on a regular basis, you'll utilize tools like e-mail lists, Facebook, and phone calls to keep in contact and build those relationships. As you develop your plan for your green business, consider what your relationship circle for you and your company looks like in 5, 10, or 20 years. Act as if that circle already exists and believe that the types of relationships you're now fostering will be the strong relationships that carry you through your next levels of growth.

List your green business for free in the national directory at http://www.greenbizwomen.com. Follow @monicadear and let me know about your green business!

Originally published by Monica S. Flores at TheGreenGirls.com

Sharing your Heart, Sharing your Knowledge

If you have your initial business startup information in place, your next steps will be ironing out the additional details for your company and increasing your circle of associates who will help you by promotion, marketing, and mentioning your work.

Here is my heart-to-heart checkin with you as you get started in "selling" your business:

1) Share yourself.

Bringing your Green Business to the Marketplace

Do you have a green invention or a green service and you want to bring it to the marketplace? Don't know how to begin? In your case, planning is key as proper planning helps organize your thinking.

Starting a Green Business

These posts are for readers who are recently laid off and want to start a consultancy or new business, or for people who want to focus on "green" activities, products, and services. The same tools would assist you if you're going through a job search to find the perfect "green" job.


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