Webster’s definition of the word sacrifices is a loss of something you give up, however usually for the sake of something better. A better cause, a loss to gain an objective ‘
What is your objective, just like someone would ask what is your five-year plan? Do you need to take a course or sign up or workshops or webinars? We want to approach this by encouraging you to think that sacrifices can prove to be for a better outcome.
On a personal note you might need to set aside a block of time to concentrate on your Business
Plan which would include the following:
Executive Summary – which is the last portion of your business plan to summarize, yet the first to introduce what your business is about.
Marketing /Advertising Plan your approach on how you plan to market and advertise your business (FB – Facebook, Instagram and generating a website, etc.) How you will also generate Sales to pitch your business to gain additional exposure. This also includes research on your competitor(s) who they are, there niche versus your special. How will you stand out among the rest and the plans to do better.
Location – a place where you can get noticed. If you have plans to have visitors, applicants to stop by, is it close to public transportation (trains, buses) and to look for a location with plenty of parking, etc.
Budgeting - getting your financial house in order. How much will have to have? How much to I need as a startup or to grow the business. (rent, phone, material, computers and furniture, etc.
Management and Personnel – as you begin your plans to start a business it always good to think of short- and long-term goals which is the number of staff members you plan to bring on board. As sole proprietor with no staff, virtual staff (off site) of course things would be different however with in-house staff, managerial staff (management, supervisor foremen’(s), etc.) or Personnel (administrative, field operation staff on payroll or contracted (1099s). Either way you decide a job description, related education and experience is needed. Also think would they be needed full time or part time or if you would be interested an intern. Nonetheless think short or long to grow your business.
A personal sacrifice is the devotion of time allotted for your business or idea. Nonetheless it is needed if you keep working on what you want and your vision and what you shall be will manifest in your life.
Personally, these sacrifices come with open communication to family and friends to let them know you love them and care for them, however, you need this time to accomplish your goals and objectives.
Be sure to create a timeline for how many days and hours you can devote time, energy and keep peace yet to focus. We suggest you might need three to four times a week as a startup to truly get things up and running.
By Gloria Durham,