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What connects a bankrupt company, a risky businessman and a great business success? What values are hidden behind this success? The founder of the leading IT company TEMENOS explains the secret of his success. He started his career in 1973 with Qantas Airways. In 1980, he joined Management Science America (MSA), a USA software company based in Sydney. From 1993 onwards he was the Founder, President & CEO of Temenos Group. He acquired a twice bankrupt company in Switzerland, saved it and renamed it Temenos. Today, Temenos is considered to be the best company for Corebanking systems worldwide. It has over 50 offices worldwide, 4000+ staff, and is listed in the Zurich Stock Exchange. He retired as President in 2011 remaining an active member of the Board ever since. He is a member of the Board of the Pasteur Institute in Geneva and Chairman of the Classical Opera in London. Also, The “George Koukis Paediatric Rheumatology Clinic” at the Evelina Hospital, London has been named after him. He has created the program “A Dream For The World – DFW”, for young entrepreneurs. Professor Stefano D ‘Anna has written a biography “A Dream For The World – George Koukis, Path To Integrity“. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
how to write a business plan step by step guide + templates: Looking to build a business or expand the one you're already running? You'll need to build a business plan before you do. A video tutorial walks through the process of defining your business, researching the market, and determining your product. download business plan templates: https://drive.google.com/open?id=0B28_SFd2LswSQ1J4cTVrTDhxVDg education nerd’s Social Links: https://www.youtube.com/educationnerds https://plus.google.com/+Educationnerds https://twitter.com/educationnerds https://www.facebook.com/educationnerds https://www.pinterest.com/educationnerds https://www.reddit.com/user/educationnerds how to write a business plan step by step guide + templates, your feedback matters, thumbs up, thumbs down or leave a comment!
A German Internet Marketer tells his secret - http://www.the-next-revolution.com/ We move on to the next point, the market analysis: in which market segment do I wish to be active? What is the nature of this market? The first thing to consider is your target group. Consider this question: who are you trying to reach? Many people respond, “Oh, everyone. Everyone has to eat. Everyone has to go to the hairdresser. My target group is everyone.” When you take this approach, you are near enough condemning yourself to failure. Though it might seem tricky, it’s crucial that you specify your target group. Where do they live? What do they do? How old are they? What kind of hobbies do they have? Am I targeting males or females? Define your target group very clearly. Some firms even sketch out their target group without familiarising themselves with their targets in real life – they have no customer contact. They pull together an image of how they see their typical customer, and proceed according to that. This is because, nowadays, it is impossible to design a catch-all product or service. Everyone has their own individual identity. You must identify a particular target group and establish yourself within it. Later, you will have chance to expand; but you should begin with a relatively clear-cut target group. When you have recruited this group as fans of your product or brand, you can start to broaden your horizons a little. Consider where else your product could have relevance. Or perhaps you could expand your range of products within this particular target group. Whatever you decide to do later, it is crucial that you identify precisely who you target group is. Do not adopt this “for-all” approach - the mentality that all who pass by your store will automatically become your customers. This will not be the case. If you try to accommodate this, you will end up with an assortment of goods that - like your target group - is not clearly defined. Imagine someone entering your shop. “What is this place actually for?” they will ask themselves. “What’s this? Is this a toyshop or a shoe shop or a shop for fur coats? There’s nothing they don’t sell!” Without a clear-cut target group, you’ll end up offering a confusing, nonsensical array of products. You won’t win any proper customers, and the whole thing will be doomed to fail from the off. The target group is crucial! Next to be addressed, of course, are your competitors: who is already established in the market? What are their strengths and weaknesses? It happens frequently that a budding entrepreneur will get their venture going and only realise afterwards that there’s an identical store two streets away. Now, this doesn’t necessarily have to be a disaster: you can drive your competitors out of the market. However, this will be considerably more difficult than simply establishing a business for which there is no competition.
Here is the link with a discount to my business plan course: https://www.udemy.com/how-to-write-a-business-plan/?couponCode=ten_youtube Browse my business and marketing books on Amazon: https://www.amazon.com/Alex-Genadinik/e/B00I114WEU And here is my full course on the A-Z of how to start a business: https://www.udemy.com/how-to-start-a-business-go-from-business-idea-to-a-business/?couponCode=ten_youtube The course is structured as a business plan template so as you go through each section of the course, it teaches you what to write in that particular section of your business plan. So essentially you get a free business plan template when you enroll in the course because the course is structured like a business plan outline. Additionally, the course has a free sample business plan that you can use as an example when you write your own plan. Additionally, if you are a first-time entrepreneur, here is my full course on how to start a business: https://www.udemy.com/how-to-start-a-business-go-from-business-idea-to-a-business/?couponCode=y Business plan app (free) for the iPhone and iPad: https://itunes.apple.com/us/app/business-plan-and-coach/id554845193 Here is my premium business plan for Android: https://play.google.com/store/apps/details?id=business.premium Here is my free business plan for Android (sorry I don't have a free sample app for the iPhone): https://play.google.com/store/apps/details?id=com.problemio In this tutorial I give you 20 business planning tips starting with issues like how long a business plan should be, when to give it to investors, how to decide whether you should write one or not, and a few other good practice tips. After that, I get into the template of the business plan, and explain what each section of this document should contain, how to write it, and how to impress investors or savvy business people. Because after all, what makes a good business plan isn't the outline or the template, but the business strategy and business model that you outline in the document. The tutorial template outline covers the executive summary, writing your product or service description section, creating your marketing plan and how to think about and write the section of the business plan that discusses your revenue streams, projected (pro forma) revenue and earnings, how to write your unit economics section, and how to write the section of the document that talks about your founding executive team, advisors and mentors. You should also create a section explaining whether there are any previous investors in the business. Plus, you should crate an appendix which contains your sensitive financial information that you may want to show to investors, but not random other people. So you can add and remove the appendix from the business plan whenever you want. Lastly, you should create a financials section. The financials are more complex and intimidating than other sections so I cover that in more detail in my course on how to write a business plan. So now you have a free template, an easy outline and you should be reading to start writing, creating and doing some fantastic business planning. Good luck, and I hope that this tutorial and the other resources I posted will help you write a very good (or great) business plan to impress investors and whoever else you want to impress. And most importantly, I wish you best of luck growing your company and making it a success. You can use this tutorial to write a business plan for a restaurant, cleaning business, local service, ecommerce, home repair, gelato or frozen yogurt shop, deli or sandwich shop, t-shirt printing company, elearning company, day spa, hair salon or beauty salon, hardware store or shop, personal trainer, milkshake shop, restaurant or diner, bar or pub, virtual assistant or personal concierge, affiliate, mobile app, bookstore or a kids store or a boutique, non profit, pool hall, liquor store, hookah lounge, or any other kind of business.
For detailed notes and links to resources mentioned in this video, visit http://www.patrickbetdavid.com/the-one-page-business-plan/ For the longest time I didn't like writing business plans.That changed once I realized how to write up a business plan that worked for me. From there on, I couldn’t wait to write up my business plan for the following year. So today we’re going to talk about two different types of business plans. What’s More Important Than Writing a Business Plan - 0:56 It's the Same with Business Plans - 1:40 The Impact of Relationships on Business - 2:57 Everything that's Connected to Business - 3:24 The Good, Bad and Ugly - 4:23 Do Your Research and Write Things Down for Each Category - 6:05 The One-Page Business Plan - 9:00 Subscribe to the channel: http://www.youtube.com/valuetainment?... Valuetainment- The best channel for new, startup and established entrepreneurs. Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics.
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