Nicole Newman, President/CEO of Newman Networks

AGENDA

Nicole Newman, Bio Vision Goals Accountability Plan Build the Foundation Minority Business Issues Next steps

NICOLE NEWMANBorn in Washington DC

Graduate of HS of Engineering & Science

MBA from the University of Maryland

15 years in Corporate America

7 years in business at Newman Networks

Connie GrierShe is always one step ahead of the "expected" and formulates the "inspired". She takes the time to explain everything, and always turns the query back to YOU and YOUR business. She is a wealth of knowledge, a sharp and strategic planner, and a coach that coaches respectfully! I recommend her without reservation!

VISION

Your business can only grow as big as your vision

GOALS

Business is a three legged stool consisting of the Product, Marketing and Financing

They say “Failing to plan is planning to Fail”

GOALS PART 2

What is the annual revenue goal? What is the profit margin on sales? What is the Exit Strategy? Define the Marketing Plan Define the Financing Strategy

Loans/Lines of Credit Angel Investors Equity PositionsJ. Paul Getty said "I would rather earn 1% of

other people's effort than 100% of my own effort" 

ACCOUNTABILITY

You are your own boss. Who/what holds you accountable?

Religion – They say “Believe in a power greater than you”

Family Friends - “You are the average of the five people you

spend the most time with.”― Jim Rohn Mentors/Coach Books

Getting to Yes E-Myth Revisited by Michael Gerber The Tipping Point by Malcolm Gladwell

PLAN

a)Learn your craft

b)Make a process c) Teach someone

else

Business is OVERWHELMING

THE FOUNDATION

Legal Structure LLC S-Corporation C-Corporation

Accounting System tied to Business Bank Account Quickbooks Freshbooks Outright

Product/Service 4P’s – Product, Placement, Positioning, Price

MINORITY BUSINESS ISSUES

Lack of Vision Self-Esteem

Lack of Cooperation Lack of Support

Using our Strength Respect of Employees. In most businesses,

employees are the profit margin Respect of Women

NEXT STEPS

Network Universal Muslim Business Association Newman Networks

Hire a coach – Urban League Entrepreneurship Center The Enterprise Center

Revisit/Update/Build Business Plans Invest in Accounting System Build a Team/Respect your Team Hold Yourself Accountable!!!