Experienced Professionals vs. Freshers: Which One Should You Hire? | Business Town

Experienced Professionals vs. Freshers: Which One Should You Hire?

 

The growth of a business depends on two major factors: the revenue model and the people who drive the business. The companies that can develop innovative revenue models and hire great people tend to grow faster than the others. Once you have a business model in place, you need the right people to execute it.

Hiring the right employees is a pretty difficult task. It becomes even more challenging if you are trying to build a company from scratch. Several constraints may stop you from hiring the best of the people even if you are willing to take the risk of hiring them. In many cases, it ‘s hard to find the right talent for startups even if they have a big enough budget and a good business model. In such cases, you need to evaluate the available pool of candidates and select the best among them.

The moment you want to expand the business, you need people to drive core as well as support functions of the company. One pertinent issue arises regarding the work experience of prospective employees. On one hand, you have experienced professionals who have been there and done similar work, while on the contrary, there are fresh college graduates (or “freshers”) who are enthusiastic about making a mark for themselves in the corporate world.

Usually, larger firms have a blend of both types of professionals. However, the same strategy can’t work for startups due to budget constraints, and it requires efficient judgment on the part of business owners to make the appropriate selection of candidates. Here is a quick guide to help you make the right decision:

When to Hire Experienced Professionals

  • If the firm doesn’t have anyone with a particular skill set: freshers wouldn’t fill the gap, as they will take a lot of time to learn the skills on their own.
  • When internal people are extremely busy and can’t take time to train fresh talent
  • If the role is very critical and any mistake can lead to severe consequences for the business
  • If the position requires people management: never entrust the responsibilities of managing people to those who have not done it before. It is better to promote internal talent than hiring a fresh graduate from a top management school. And it is much better to hire an external expert who has the requisite competencies.
  • If the business is seeing hyper growth
  • When the job role requires very niche skills and competencies

Don’t hire experienced professionals just for their technical expertise until the position requires a niche skill. Senior professionals must possess leadership skills so that, if the need arises, they can build and manage a team in future.

When to Hire Fresh Talent

  • If you have the internal expertise in a particular field
  • When the internal team is willing to train and nurture talent
  • If the job role involves only small risks
  • If you have limited budget
  • If the business is witnessing average growth rate and you have sufficient time to train new talent
  • If the position doesn’t exist in the market and you need to mold new talent according to your specific requirement

While hiring fresh college graduates, you should evaluate them on cultural compatibility, communication skills, energy, work ethic and their willingness to excel in their respective fields.

Conclusion

Hiring decisions will determine how far a startup will go. This is an area where sound judgment plays a critical role. Every entrepreneur makes some initial hiring blunders. Sometimes, business owners trust wrong people to do the right things. And that is why bad things happen in an organization despite best intentions and significant efforts by people involved.

Therefore, it is important for you to observe your people skills and related decisions and take corrective actions as and when required. Hiring the right talent is not a one-time job but a continuous learning process.

When you hire experienced professionals, ensure that they understand the criticality of their role, and current and future responsibilities. If you decide to hire fresh college graduates, you need to invest significant time in developing their skills and competencies. Make sure that you have the sufficient time; otherwise, hiring freshers will prove to be counter-productive for the organization.

Once you make the final decision to hire either experienced professionals or freshers, make sure that you review and monitor their performances closely and provide timely feedback.

Anthony Bergs is a project manager at Writers Per Hour. He always keeps an eye on the marketing sector to implement the best innovations into the strategies that he builds. He’s always open for new connections and partnerships. Feel free to contact him on FB.



How Much Money Can I Earn With My Own Business?

Here’s the hard truth. You can make much more money running your own business than working a normal 9-to-5 job for someone else.

Who do you think is the wealthiest person in most towns in the US? The top doctor? The best lawyer? The president of the local bank?

No. It’s almost always someone who started their own business. And often it’s a simple service business - such as a trash collection service, a landscaping business, a cleaning business, a moving company… or you name it!

Let’s start with a simple, one-person service business.

For many service businesses you can charge as much as $100 an hour for your services.

You can make big money with a small business.

So let’s say that you sell your services for 30 hours per week, 50 weeks per year. That would be 30 x 50 x $100 = $150,000 annual income.

Suppose you work only part time and you manage to bill let’s say 10 hours per week. That would be 10 x 50 x $100 = $50,000 annual income. Not bad for a side business.

It gets even better! If your service business is specialized or has a unique twist to it, you may be able to charge a lot more. Maybe as much as $200 an hour. If you can bill 30 hours a week at $200 an hour that’s $300,000 a year.

Soon you may find that you have more work than you can handle yourself. Then it’s time to hire employees. Then there is no limit to how much you can grow your business and your income.

When starting a business you are creating an asset for you and your family.

After a few years, you may decide you want to do something else. Then you can make even more money by selling your business. If you have a good business with regular customers, you can sell it for a lot of money. For example some larger dog walking businesses have sold for over $500,000.

With a product business you can do even better. But there is also more risk because you usually have more competition.

For example I started my book publishing company in my basement apartment with just $1500 and built it up to an annual sales level of $20 million and profits of $5 million. I eventually sold it for $40 million.

Of course, you can always go work for a big corporation and try to make it to the top of the ladder. I personally know the CEOs of two Fortune 500 companies. And I can tell you that neither one of them made as much money as I did with just one of my small businesses. One of these CEOs had to outperform 400,000 other employees to land the top job.

The bottom line is that if you want to make a lot of money, then you should start your own business.

That sounds great! But how do you actually get started with your own business?

The best way is to first learn about how to do it right. Otherwise you’ll end up doing things by trial and error and making a lot of costly mistakes.

How can I easily learn how to start a business? Watch the short video courses on BusinessTown and you can quickly learn everything you need to know.


Click to explore BusinessTown

Looking for a business idea? The BusinessTown course, How to Find a Business Idea, gives you hundreds of real profitable business ideas. Just as importantly, you’ll learn how to evaluate business ideas and decide which one is best for you.

Don’t know where to start or what to do first? Our most popular course, Start-a-Business 101, will walk you step by step through the entire process of starting your own business.

Want help creating your business plan? Our course, How to Create a Business Plan, will show you exactly how to create each section of your plan. You’ll also get an excellent sample plan, plus a fill-in-the blanks business plan template.

Wondering how to attract customers? Our courses will help you write your marketing plan and show you how to attract lots of customers both online and offline - and on a tiny budget.

Even if you have no business experience, BusinessTown will quickly turn you into a well-educated entrepreneur, ready and confident to start your own business. You will learn from highly experienced entrepreneurs who have been there and done it.

Through our website and courses we have helped over one million people start their own businesses and earn excellent incomes. Now, if you like, we can help you too.

Start your own business with BusinessTown courses - click here to learn more.

By Bob Adams, Harvard MBA, serial entrepreneur, and founder of BusinessTown.

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Can I Successfully Start My Own Business?

I’ve got great news for you!

The short answer is YES!

Read on to get the longer answer...

Do you need a lot of money to start a business? No. There are many businesses you can start with very little money or even no money. I started most of my 17 businesses with less than $2,000. A few I started with virtually nothing.

Do you need experience to start a business? No. Experience is always helpful. But you don’t need experience to start most businesses. I started many of my businesses with no related experience.

You don't need a lot of money or experience to start a business. I started my book publishing business that I sold for $40 million with only $1,500 and without any experience in the industry.

So what do you need to succeed in business?

You need commitment. You need to be willing to keep on plugging at your business over a period of time. Some businesses require much more effort than other businesses. Some can be started and operated part time. But all businesses will require some consistent effort over a period of time.

Do you need anything else beyond commitment and working hard to succeed in business?

You also need some basic knowledge. You need to know what are the critical issues when starting a business and how to approach them. This is very important. If you make good decisions at the beginning, your business will be highly likely to succeed for years to come.

Commitment and hard work may not be enough to ensure success. Because if you work on the wrong things, or do them the wrong way, then your business may still not succeed. You also need the knowledge to make good decisions.

What are some of the key issues that you need to understand before starting a business?

  • How to choose a great business idea
  • How your business will be different from competitors
  • Creating your business plan
  • Setting your pricing
  • Doing your marketing

How can you get the knowledge to make the best decisions when starting your business?

Watch the short video courses on BusinessTown and you will quickly learn everything you need to know.

Commitment and hard work isn't always enough. There a few critical things that you need to know if you want your business to succeed. You can learn all of them on BusinessTown.

Our most popular course, Start-a-Business 101, will walk you step by step through the entire process of starting your own business.

Even if you have no business experience, BusinessTown will quickly turn you into a well-educated entrepreneur, ready and confident to start your own business. You will learn from highly experienced entrepreneurs who have been there and done it.

Through our website and courses we have helped over one million people start their own businesses and earn excellent incomes. Now, if you like, we can help you too.

Start your own business with BusinessTown courses - click here to learn more.

By Bob Adams, Harvard MBA, serial entrepreneur, and founder of BusinessTown.

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7 Reasons to Start Your Own Business

Follow your passion

No matter what your interests and hobbies are, there is a perfect business for you. Starting your own business allows you to zero in on what you really like and make a great living out of it. It’s really motivating to get up every morning and do what you love!

Do you like food and cooking? You could start a catering business. Do you like to work outdoors? There’s always work for a landscaping business. Are you into luxury watches or other collectibles? You could start an ebay trading business.

The possibilities are endless and work doesn't have to feel like work. So why not do something you love?

I'm obsessed with model trains. I buy most of my models from people with the same hobby running online stores on eBay. They are making good money and having fun at the same time.

Control your schedule

With a 9 to 5 job you are locked into a rigid schedule. Do you need to get your car repaired? Do you have a doctor appointment? Too bad. You’ve got to ask your boss first.

With your own business you control your own schedule. I’m not saying that you don’t have to put in some serious work! But you decide when you work and when you take your time off.

Do you want to meet some friends for a leisurely lunch? You can. Do you want to take Friday off and have a 3 day weekend? No problem!

When I was running my book publishing business, I coached both my son and daughter’s soccer teams in the afternoons. It was awesome!

Be your own boss

Are you tired of people telling you want to do? I get it. Well with your own business, you are the one making all the important decisions.

No more silly guidelines to follow or office politics to respect. It’s your business. And you can run it the way you want.

Also as your own boss you’ll no longer have to worry about getting fired or laid off.

Even better, being your own boss also means that you are not making money for somebody else. If you work hard and well, you and only you will reap the fruits of your labor.

Work from anywhere

Depending on the business that you chose to start, you could work from virtually anywhere. That’s especially true with online businesses. In this case, the only thing you need is your laptop.

Do you want to run your business from the beach or from a mountain cottage? Well you totally can.

Do you want to work from home? There are plenty of great businesses that you can run out of your house.

Do you want to start a home-based business? Holly Christensen started her Dune Jewelry business on her kitchen table. Now she has over 20 employees and sells her jewelry worldwide. 

Achieve financial success

You can make a lot of money with your own business. Much more than with a normal 9-to-5 job.

In fact, many small business owners make a lot more money than people who work for big companies. And that’s even true for simple businesses like landscaping services or cleaning businesses!

The bottom line is that if your goal is to achieve financial success, then starting a business is the way to do it.

Create something of your very own

What’s great about starting your own business is that you can start it very small with basically nothing and grow it at your own pace.

Believe me, It is a wonderful feeling to lay the foundation of a business and watch it grow as you pour your heart and soul into it.

There are so many exciting achievements to look forward to. Making your first sale, breaking even, hiring your first employee, getting an office…

Before you know it, you won’t believe how far you’ve gotten. You will run a business that you can look at and be proud of.

Create an asset for you and your family

A business isn’t just a way to generate a salary for you and your employees.

Every day when you work on your business you are building an asset that is constantly growing in value.

One day you could pass the business on to your family or you could sell it for a lot of money. I sold 8 businesses that I started including my book publishing business that I sold for $40 million.

I sold 8 of my businesses including my map businesses that I started on a summer break from college. I made much more that I would have made with any summer job.  

It is awesome to have a business that both generates short term profits and also gives you the potential of lifetime financial freedom if you ever decide to sell it.

Ready to get going?

The first step to starting your own business is learning what to do.

Our short video courses on BusinessTown will show you exactly what to do at every step of starting your own business, from finding your business idea to making your first sale.

Even if you have no business experience, BusinessTown will quickly turn you into a well-educated entrepreneur, ready and confident to start your own business. You will learn from highly experienced entrepreneurs who have been there and done it.

Through our website and courses we have helped over one million people start their own businesses and earn excellent incomes. Now, if you like, we can help you too.

Start your own business with BusinessTown courses - click here to learn more.

By Bob Adams, Harvard MBA, serial entrepreneur, and founder of BusinessTown.

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How to Start a Business in 5 Steps

What if you started your own business?

Starting your own business is the best way to build something exciting, to become wealthy, and to be completely independent!

“Starting my own business sounds kind of cool… But wait, that’s crazy I have no idea how to do that!”

My name is Bob Adams and I know how you feel. Once, I was in your shoes, thinking about starting my own business but being scared because I had no idea what to do!

But let me tell you…you can start your own business!

Starting a business has NEVER been easier. There are lots of good businesses you can start with little money or experience.

Once you know that you want to be your own boss, you need to get your battle plan together. One of the biggest challenges is knowing what to do and knowing how to do it right.

That’s where I come in. In this article, I’m going to walk you through the 5 main steps you need to complete to start your own business.

INSIDER TIP - Once you learn the basics of how to start a business the whole thing will seem a lot easier.

Why should you listen to me?

I have a Harvard MBA. I have also started 17 successful businesses including one I started with $1,500 and later sold for $40 million dollars.

I'm Bob Adams. I'm a serial entrepreneur and Harvard MBA. I've started dozens of businesses and helped millions of entrepreneurs with my books and courses.

Let me tell you, hard work is an important ingredient for business success. But even more importantly, you need to first learn some of the basics about starting a business. In particular..

You need to nail down the first critical steps.

Starting a successful business is like building something. If the foundations are weak, then the whole building will later crumble.

Here, the foundations of your business are these few critical steps that you are going to follow now. If you start your business on a strong foundation it will likely be highly successful for many years to come.

In this article I will help you understand the most important steps in starting your business and how to address each of them.

Let’s get started.

INSIDER TIP - Following these 5 steps is a great way to start ahead of most entrepreneurs. You will avoid the main rookie mistakes and make the right decisions from the start.

1 - Commit to your business

So you want to start a business. That’s wonderful and I’m proud of you. But wait… Do you really want it?

Let me rephrase this, are you really committed to your future business? Are you ready to do whatever it takes to succeed?

Before going further, you need to know that starting a business will require some dedication and sacrifice. You might have to work long hours, cut down your personal expenses, or take out a loan for example.

Also, you will need to truly try to make the best possible decisions on the most critical issues for your business. You need to be willing to learn what these critical issues are and how to make the best choices on these make or break decisions.

business idea consulting Bob Adams
If you want to start a business then you can make it happen. However it is going to take some effort. But if you have the drive, the rest will follow.

Hey! I have never said that it was going to be easy. Everybody would be a millionaire if it was the case. But it is 100% doable if you commit to your business, learn about how to start a business right, and try as hard as you can! If you have the drive, the rest will follow, believe me.

Millions have done it, I’ve done it, and you can too!

IMPORTANT - You don’t need a lot or money or experience to start your own business. If you are willing to work hard and keep learning, you can make it happen.

For more on this topic see the BusinessTown course, What It Takes to Start a Business. You can try BusinessTown free for 7 days.

2 - Choose the best business idea for you

Alright! Once you are sure that you really want to start your own business, the next step is choosing the best business idea for you.

Wait a minute...

Let me make myself clear. I didn’t say find any business idea. A random idea probably won’t cut it. It may likely fail. You need to carefully pick the best business idea out there if you want to maximize your chances of business success.

Some business ideas are simply much more difficult to succeed at than others. And some business ideas are going to be a poor match for you.

Choosing your idea is probably the most important decision when starting a business. It is absolutely crucial and will have a direct impact on your chances of success.

Many people make the mistake to think that to succeed in a big way, a business idea needs to be a brand new concept, for example an I-tech device or an App addressing a totally new need. But that’s not true!

Your idea doesn't need to be a brand new tech concept or fancy software to become a successful business. Holly Christensen - who we interviewed on BusinessTown -  runs Dune Jewelry. She makes her products with sand from beaches all around the world.

There is an endless amount of proven business ideas that have made thousands and thousands of entrepreneurs rich before. I know because I have succeeded in more than a dozen of them including businesses as diverse as bicycle rentals to a book publishing business.

But how do you go about choosing the best business idea for you?

My personal advice is to generate as many business ideas as possible and then pick the one that’s the best fit for your personality, skills, and the market.

Before choosing your idea for good, don’t forget to test it and gather some outside feedback.

Don’t hesitate to spend a lot of time on this first step. Like I told you before, it is very important to make the right decisions early on if you want your business to succeed.

WARNING - Choosing a great business idea that is a also a good fit for you is the foundation of your business. However many entrepreneurs do not give it the attention it deserves.

For more on this topic see the BusinessTown course, How to Find a Business Idea. This course will show you how to come up with awesome business ideas and just as importantly help you choose the perfect one for you. You’ll discover how to quickly evaluate and prioritize business ideas. And you’ll get our worksheets for evaluating ideas.

3 - Differentiate your business and create your strategy

Now that you have your business idea in mind you need to differentiate your business and come up with a strategy.

Differentiating your business is important. Here’s how to do it.

First, you need to answer this question: Who am I targeting and why would they do business with me instead of my competitors?

Having a clear answer to this question is crucial. A lot of entrepreneurs fail because they don’t give enough thoughts to this particular step.

To answer this crucial question, you need to research the market and the competition and find the underserved spot where you can fit in.

Here is my personal take on competitors: the best way to deal with them is to not compete with them in the first place.

For this, you need to be unique! Try to find your own target audience and niche. Identify your audience paint points and address them in a remarkable way you know they will care about.

My friend Rudy Glocker founded his own apparel company: Burgeon Outdoor. He made it different by focusing entirely on environment and community conscious outdoor enthusiasts. 

The BusinessTown course, Start-a-Business 101, will walk you through all of the important steps of starting a business - including how to make your business different from competitors and how to develop a viable strategy for your business.

Even if you have no prior business experience, Start-a-Business 101 will quickly teach you everything that you need to know to start a business. Start-a-Business 101 is the ultimate guide to starting your own business and the most popular course on BusinessTown.

Click here to explore Start-a-Business 101.

Every business, no matter how small, needs a business plan.

Once this is done, you need to put together a short business plan” to: Next you need to put together your business plan - perhaps the most important document you will ever create for your business.

There, you should compile every key strategic decision you are making about your business.

This includes but is not limited to: your target market, your competition, your differentiation, your team, and how you will operate.

Knowing who your target market is and how you are different from your competitors is extremely important.

You don’t want to be one of these businesses that launches blindly in an oversaturated market. You might fail or you might not. But at best you will likely suffer from weak customer loyalty and low-profit margins, and never reach your full business potential.

IMPORTANT - After choosing your idea, you need to find your target market and differentiate yourself from your competitors. Why would people do business with you?

For help in creating your business plan, see the BusinessTown course, How to Create a Business Plan. This course will walk you through creating every part of your business plan. You’ll get a fill-in-the blanks business plan template, a complete sample plan and step by step instructional videos. Click here to explore How to Create a Business Plan.

4 - Get the money you need to start your business and learn how to project your finances

At this point, you want to think about your business finances. How much money do you need? Where are you going to find it? How are you going to create your financial projections?

Find out how much money you need and how to get it.

Let’s get started.

First, you need to know how much money you need to launch your business and operate it for a few months. It is important you include enough to make sure your business doesn’t run out of cash before revenue starts coming in!

If you can’t cover this amount yourself, then you need to think about getting outside financing for your business.

There are many options a business owner can consider when looking for outside funds. My personal advice is to approach your family and friends first. Then, for a startup, I would turn to angel investors.

It would be nice to get money from more traditional banks or even online lenders, but your business will usually need a little bit of operating history to get money from these sources.

Laundromats - like this one I ran across in New Hampshire - are an example of easy to finance businesses. But no matter what business you are starting, you can find a way to finance it.

Crowdfunding could work for many businesses, and venture capital is a possibility if your business has extremely high growth potential.

Before approaching any potential investor or lender, get your ducks in order! Have your business plan, including your financial projections, ready to go! And be prepared to answer the different questions that you are likely to face.

For help in approaching and finding every possible financing option for your business see the BusinessTown courses, Start-a-Business 101 and Finance Your Business: The Best Options.

How do you project your finances?

You need to be able to project your finances to make presentations to potential investors to get money to start your business. Being able to track and project your finances will also help you run and plan your business better.

Start by learning how to put together an income statement, also called a profit and loss statement for your business.

Then, learn how to assemble a balance sheet, which is a snapshot picture of the financial situation of a business at any one point in time, including all assets and liabilities.

Next, you should learn how to create “pro-forma” which simply means “future” income statements and balance sheets.

Finally, you should learn how to create cash flow projections, showing when cash will be flowing in and out of your business.

All of this financial stuff may sound difficult if you haven’t done it before. It may take a little while to get a handle on it, but it’s not that tricky! If you can add 2 plus 2 and get 4 most of the time, you’ve got what it takes to be able to master business finance!

INSIDER TIP - Doing your own accounting and projecting your finances might sound tricky, but it is very doable. It will help you run and plan your business better.

For help in projecting your finances and creating your financial statements see the BusinessTown courses, Start-a-Business 101 and Accounting and Financial Statements.

5 - Develop your marketing and find your first customers

Now it’s time to plan how to reach out to your target audience. You need to make them aware that you have the perfect solution to their problem and get them to buy your product. That’s where marketing and sales come in.

Here’s the one crucial thing you need to know about marketing...

Before you get excited about your brand new online ad or attention-getting publicity stunt, let me tell you what I think is the most important thing about marketing. This is something I truly wish I knew when I started off as an entrepreneur.

Marketing is hard. VERY hard. Even seasoned marketing professionals fail all the time.

What you need to do is carefully test different approaches with small amounts of money. The last thing that you want is to spend your precious cash on a marketing strategy that is generating no revenue whatsoever!

bulletin board
Marketing is hard. That's why I like to experiment with cheap guerilla marketing tactics like posting flyers on bulletin boards.

Now that you understand the true nature of marketing, you can start building your plan.

To get started, answer the following questions:

  • How can you reach your target market?
  • What is your goal?
  • What’s your budget?
  • What’s your message?
  • What are your channels?
  • What are your creatives?

So start by answering these questions, and you will be well along your path to creating a winning marketing plan that will succeed in pulling in customers.

Just like your business plan, your first marketing plan doesn’t have to be extremely long to be meaningful and valuable. But it needs a huge amount of thought.

Don’t forget that marketing is complex. Chances are that no matter how carefully you plan it out, your first marketing efforts still might not work at all.

Don’t get discouraged! Keep experimenting, but with very small amounts of money...until you find the winning formula!

WARNING - DO NOT spend large amounts of money on your marketing before you test it with a small budget. Marketing is tricky and your first strategy might not work at all!

Marketing and attracting customers is a really important part of running any business. That’s why BusinessTown gives you courses covering all aspects of marketing including both digital and traditional marketing. Even if you have no prior experience, you can learn how to create your own marketing and attract customers on a very small budget.

Anyone can sell! Here’s how to do it.

Now let's talk about sales.

Are you still here? I’m asking you this because most people are afraid of selling. Are you? Well, I have two news for you, one good and one bad.

The bad one first…. As a business owner, you likely have to do at least some type of selling. You may well be the first sales person for your business.

Now the good one! Selling is not that complex, and once you get past the intimidation and the fear of being rejected, it’s actually very doable... even if you thought you never could sell!

The secret to selling is simple. You need to have an organized sales process. Let me explain.

You need to carefully analyze each step of the sales process and optimize them all.

Here are a few critical steps of a classic sales process:

  • Finding your sales points
  • Preparing your sales materials
  • Searching for prospects
  • Reaching out to them and then following up

You will want to spend a lot of time working on your sales process. Making sales is incredibly important for most businesses. It will generate the revenue you need. If you do it well, you could make A LOT of money.

Here’s my final advice when it comes to selling. View the sales process not as trying to convince a prospect to buy something they don’t want, but instead as trying to inform them about your great product or service that you believe could truly help them.

So, in a nutshell, get prospects and leads that match your target market and tell them how you can address their pain points.

For help in making sales see the BusinessTown courses How to Make Sales and Land Customers and Sales Strategies for Founders.

Conclusion

In conclusion, there are 5 major crucial steps to starting your own business:

  • Commit to your business
  • Choose the best business idea for you
  • Differentiate your business and create your strategy
  • Get the money you need and learn how to project your finances
  • Develop your marketing and find your first customers

Success in business will require more than hard work and good luck, it also requires making the best decisions from the start. In addition to these 5 critical steps, there are a ton of other issues and things to do when starting a business. Just wrapping your head around these decisions is a lot of work.

You need to identify and learn about each step in starting a business. You have to make the right decisions from the start if you want your business to succeed! Remember, if the foundation is weak then the business will crumble.

I strongly believe that you are much more likely to be highly successful in business if you learn about business before you start and that you carefully plan out every step of the business in advance. In other words first “plan the work” then “work the plan.”

Starting your own business may sound like a dream, but I’m telling you, it is possible! You just need to follow the right advice and make the right decisions.

Don’t spend your whole life wondering if you could have done it...Instead just do it! Start by learning more.

I promise you, there is nothing better than being your own boss and building a highly successful business you can be proud of.

INSIDER TIP - Make the best decisions for your business from the very start by learning all you can about how to run your business right. Watching the video courses on BusinessTown is an easy way to quickly learn about business.

What’s the next step?

If you seriously are thinking about starting a business, you should first learn how to do it.

Our short video courses on BusinessTown will show you exactly what to do at every step of starting your business.

Join over a million other people who have learned how to start a business with BusinessTown.

Click here to learn more about BusinessTown.

By Bob Adams, Harvard MBA, serial entrepreneur, and founder of BusinessTown.

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How to Create a Pro Forma Income Statement
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BusinessTown Makes Starting a Business Simple

Our courses will show you how to start a business.

You’ll learn exactly what to do in short video courses. Even if you have no business experience, you’ll soon become a well-educated entrepreneur, ready and confident to start your own business.

Be your own boss and start a business you love.

Our courses will teach you everything you need to know to start and run your own business. You’ll be fully prepared to be your own boss, start a business you love, and enjoy financial freedom and independence.

You’ll find a course that’s perfect for you.

On BusinessTown you’ll get access to 130+ courses. Business ideas, business plans, marketing, how to get started...No matter where you are on your business journey, there is a course just for you.

Here are our 3 leading courses:

Start-a-Business 101

Learn all the basics of starting a business with this course. We will guide you step by stp through the entire process of becoming an entrepreneur. Our #1 most popular course. 12 lessons. 10  1⁄2 hours.

How to Find a Business Idea

Find the perfect business idea for you with this course. You’ll learn how to discover the best business ideas, how to evaluate them, and how to choose the very best one for you. 10 lessons. 2  1⁄2 hours.

How to Create a Business Plan

Learn how to create your business plan from scratch! This course walk you through every step and includes a fill-in-the blanks business plan template and a complete sample plan. 9 lessons. 2 hours.

All Included Courses

With BusinessTown you’ll get instant and unlimited access to over 130 courses on starting and running a business.

You can try BusinessTown for free for 7 days

7 day free trial. Then $19.95/month. Cancel anytime.

You’ll get all the tools you need to start your business.

On BusinessTown you will get access to fill-in-the-blank templates and 50+ other downloadable tools.

Our most popular tools include:

  • 300 Best Business Ideas,111 pages
  • Business Idea Evaluation Worksheet
  • Ultimate Startup Checklist, 18 pages
  • Business Plan Template, 29 pages
  • Sample Business Plan, 35 pages
  • Financial Statement Templates

How BusinessTown is helping people start a business:

 

"For the first time in my life I’ve learned to conquer most of the things that kept me from starting my own business and becoming my own boss. I’m so happy to tell you that I now own a commercial cleaning company and it's all thanks to BusinessTown."   Grace B. - Started a commercial cleaning business

 

"BusinessTown so inspired me that I started a business and have started receiving orders. Your lessons on how to pick a business to start really got me going after I followed your steps to a tee. I’m excited to have a business of my very own."    Bill B. - Started a product business

 

"When I found your courses, I was in such despair because nothing I had tried to get a business up and running had worked. I had thrown my hands in the air and just admitted that I just did not know what to do or how to do it! I was stuck. Then running across your courses was a godsend to me. I will be forever grateful. They give me the structure that I need in order to be successful. Thank you."    Phyllis M. - Started an online business

Join over a million other people who have learned how to start a business with BusinessTown.

You can try BusinessTown for free for 7 days.

Start your free trial today and unlock everything BusinessTown has to offer. After the trial ends, BusinessTown is $19.95/ month. You can cancel anytime.

 


QUIZ: WHAT BUSINESS IS BEST FOR YOU?

QUIZ: WHAT BUSINESS IS BEST FOR YOU?