During my morning quiet time when I read through my Feedly articles I came across this short, but sweet article from Entrepreneur.com: 5 Fundamentals Successful Entrepreneurs Build Into Their Strategy.
Although seemingly pedestrian, the 5 fundamentals felt all too familiar to me when I realized that I have been following this advice for a long time. Not just when starting new businesses, but also when starting a significant initiative within a business.
Hasn’t every new major business initiative been like starting a new mini-business?
I don’t think you’ll find this a stretch. If your IT Reseller business has been around for a while, you likely started with break-fix solutions or consulting projects. What was it like when you first entered into managed services or took on a new proficiency like cloud? I remember these milestones from my own VAR experiences.
You needed a dedicated business plan for it, didn’t you? You had to figure out the partnerships, offerings, pricing, technology, integration, personnel, operations and go-to-market. And we all know it doesn’t end at “figuring out” because as you execute you’ll surely have to revisit each multiple times. Read More →