entrepreneurs: basics of business
DESCRIPTION
This is .ppt presentation used by Ben Moore as part of the panel discussion hosted by BDPA Cincinnati chapter in June 2010. The topic, "Basics of Small Business".TRANSCRIPT
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AT Agent Technologies, Inc.
Agent Technologies, Inc.
Ben Moore
513.942.9444
xRPsystem.com
Entrepreneurship
The PresenterThe Presenter
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AT Agent Technologies, Inc.
Ben Moore Founder and President of Agent Technologies, Inc.
(IT Company Founded in 1995) Founder and President of Niche Consumer Products Former Principal and Chief Operating Officer of CityWatcher Developer of Agent Based ERP Scheduling System for Dept. of Defense Former General Manager of a MM/year Manufacturing Company Former Procter & Gamble Engineering + IT/Brand Author: The Consumer’s Workshop: the Future of American Manufacturing
EntrepreneurEntrepreneur
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AT Agent Technologies, Inc.
An innovator of business enterprise who recognizes opportunities to introduce a new product, process, service or an improved organization, and who raises the necessary money, assembles the factors for production and organizes an operation to exploit the opportunity.
Business FactsBusiness Facts
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AT Agent Technologies, Inc.
80% of Businesses Fail Within 5 Years Only 1 in 7 Businesses that Fail have Debt Over 80% of Franchises Succeed
Why Do Franchises Succeed and Many Other Ventures Fail….SYSTEMS.
The Difference Between Working IN the Business
and Working ON the Business.
What Makes an EntrepreneurWhat Makes an Entrepreneur
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AT Agent Technologies, Inc.
Vision, Passion & Drive Focus on the Systems (Systems for Sales, Operations, Finance, etc) Focus on Sales / Securing Necessary Capital Focus on Assembling Business Team Continuous Self-Improvement
Rules of Sales & MarketingRules of Sales & MarketingAT Agent Technologies, Inc.
# Leads X Conv. Rate = # Customers X # Trans. X Avg Sale = Total Sales
Securing CapitalSecuring Capital
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AT Agent Technologies, Inc.
Type Level
Credit Card, 401K, Home Equity, Loans/Credit Lines
Varies
Angel Investor $5,000 – $500,000
Venture Capital Over 1 MM
Recommended ReadingRecommended Reading
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AT Agent Technologies, Inc.
The E-Myth by Michael Gerber The 4-Hour Workweek by Timothy Ferriss Tuned In by Craig Stull, Phil Myers & David Meerman Scott Think And Sell like a CEO by Anthony Parinello Jump Start Your Business Brain by Doug Hall
Questions ? Questions ?
xRPsystem.com - Online Business Productivity Tool
AT Agent Technologies, Inc.
Ben Moore
Agent Technologies, Inc.
513.942.9444
xRPsystem.com