Starting Your Startup: Three Main Principles To Turning Your Business Dream Into Reality

Helen Zad , Administrator of Active Plus Home Health and Divine Grace Hospice, and Host of Femme Fatale by Helen Podcast. getty While no two paths to success will look alike, I believe there are some foundational elements that any successful business will have in common. Here are my three non-negotiable starting principles that I always employ with my business ventures that I hope can help you maximize your own potential. 1. Write a detailed business plan. Your business plan is your springboard when you’re starting to build. And while you may need to adjust it as you go, your plan from day one should be complete and as detailed as possible. You can find all kinds of free templates online for how to structure your plan, but here are the key ingredients. • Your product: Write a description of your product or service, how it compares to other products of its nature in the market and why yours will be successful. How does it meet a need? Include extensive market research—you should know the field and your competitors inside and out. • Passion: You need to strongly believe in your product. Why do you want to produce this? […]

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