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Ronnee Strickland is a self-made businesswoman who has successfully run her own business, employing up to 17 employees, across many years. She is an expert in all areas of legal management, with a special focus on business administration.Ronnee Strickland Shares 5 Business Tips for New Entrepreneurs.
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RONNEESTRICKLAND SHARES5BUSINESSTIPSFOR NEWENTREPRENEURS
About RonneeStrickland Ronnee Stricklandis aself-made businesswomanwhohassuccessfullyrunher ownbusiness,employingupto17employees during her many years serving the legal community. She has also managed to devote 1000s of hours of community service for those less fortunate. Her educational backgroundisinlawandsciences.
1.CHOOSETHE RIGHTNICHE To be profitable in business, create a value proposition that customers are likely to buy.Ifyournicheistoobroad,youmight struggletoknowtherighttargetaudience. Ifitistoospecific,youendupwithanarrow setofaudiences.Yournichemustbelarge enoughthatyoucanbeprofitableselling yourproductsandservices.
2.SOLVEABURNING PROBLEM Eachbusinessstartsbyidentifyinga pain point and providing the solution to solve the pain point. By knowing what problem you’re solving,youcanusethatinyour marketing communication to help people understand how it helps thembest.
3.BEFRUGAL Beconsciousthatyou’reastart-up.Resist thetemptationtosplurgeonanexpensive office,equipmentandover-the-top marketing.Yourcompany’ssubsistence dependsonhowyoumanageyourcash floweffectively.Haveaplantomeetthe short-termandlong-termrequirementsof thecompany.
4.BUILDA RELIABLETEAM It is the team that contributes to the successofacompany.Itisvitaltohave acoreteamthatresonateswithyour valuesystemandfitstheculture. Secondly,thoughitcanbehardtolet go,learninghowtodelegatetasksis essential. Finally, don’t expect people tobeasskilledorefficientasyouare..
5.BUILDA NETWORK Buildinganetworkisessentialtothe successofyourbusiness.Networking eventsprovidebusinessownersnot onlyaroomfullofpotentialclients butalsopotentialcollaborators.Every timeyoumeetanewbusinessowner, thinkitisanopportunitytorefine yourelevatorpitchorsalespitch.
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