Thursday, May 14, 2009

Launching a Business and Learning Curves

Opus=Work * Vesta=Goddess of family * Ego=Self/Conciousness
It's interesting, when you launch a company, that there are many learning curves. There are small learning curves and large learning curves. One of the biggest for me, is technology. This blog is a learning curve! I know enough to get myself in trouble but not enough to do it all on my own. The trouble part is that I'm trying to do all the website work myself to save money. We are a small start up and a non-profit. Until we get going, there isn't a whole lot to go around. I end up spending a lot of time learning so that I can do it myself...for free. There are good parts and bad parts to learning curves.

Remember this: Time is Money!

1. Do you know enough to not waste time? I feel I can get myself into trouble but I try to ask for help as much as possible. This is not typical for me. I'm one of those that will sit with a puzzle for hours until I figure it out. I don't have time to do that now. I need to ask for help and I'm starting to do that.

2. Are there easier alternatives...for now? Sometimes we need to have patience. At this point, re prioritize and ask yourself, "What do I really need to make my client/customers happy?" or "What do I really need right now to be able to market myself."

3. Refer to a "to-do" list before you launch/open for business. Make sure you have your product and that you can deliver. Everything else will be done if you keep it in sight.

4. Don't let details be an excuse. I can sure get caught up in minor details, that I forget the big pictures. I can also be good at say that I can't do this or that because of this other thing. Get going on that product and when you start making some money - improve.

5. Launch small. If your learning curve is super great, don't promise what you can't deliver. Just be what you can be for now. The "big" can come later.

6. Prepare. Nothing says that you can't start pricing experts to help you when you have the money. The first thing Mary Ann and I will do when we start adding members is hire a web designer and maintainer!

The good part about learning curves is that I'm know very familar with web design, hosting, some html and other stuff - the great thing about that is I can talk to an expert without sounding like a complete idiot. We'll be able save time in the future because I understand more.

The other learning curve is accounting. I'm just doing my best and hoping that any mistakes are fixable! And I'm going to try real hard to not hand an accountant a box of receipts at tax time!

If you are launching and have any good tips. Share them with us! I hope you follow our blog - we're going to put tricks, tips and ideas up here on a regular basis. Plus, I'll share the BusiMom's Time Out on Monday's.

Cheers, Lorin

Founder, CEO, Entrpreneur & Professional Moms Association: http://www.epmassociation.org/
President: Opus Vesta Soulutions: Organizational Development for Small Businesses / Coaching for you, your family and your business: http://www.lorinkmask.com/

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