The 10 Minute Guide to Starting a Business: Lessons Entrepreneurs Learn the Hard Way

By Sandiso Ncube

Are you ready to start your own successful business? Look no further than The 10 Minute Guide to Starting a Business. This comprehensive "how to" manual is perfect for aspiring, new, or struggling entrepreneurs looking to launch and grow a profitable venture in any industry.

With 25 chapters of straightforward, easy-to-understand guidance, this book will help you answer crucial questions such as:

How can I create a product that will sell?

What should I charge for my product?

How much funding do I need to start my business?

How can I ensure my business is a success?

The 10 Minute Guide to Starting a Business is perfect for anyone, no matter their language or location. And, as you reread and revisit each chapter, you'll uncover new insights and perspectives that will help you on your entrepreneurial journey. Don't miss out on this essential resource for any business owner. Get your copy now!

• Language: English
• Publisher: Sandiso Ncube
• Release date: Apr 4, 2021
• ISBN: 9781776290000

Sandiso Ncube

Sandiso is an Entrepreneur & a Small & Medium Business Growth Specialist, with expertise in Strategy, Sales & Business Systems.In the 12 months between March 2020 & February 2021, Sandiso helped 15 businesses achieve an average Turnover growth of 206%, and 1268% growth in Profitability. The sizes of these businesses range from $10 000 to R $ 1 Million In annual revenue.Sandiso has also successfully facilitated Strategy & Goals Setting Sessions for more than 72 businesses, ranging from start-ups to established businesses generating well over $ 4 Million annually.Prior to becoming an entrepreneur, Sandiso worked as a Business Analyst at 2 of South Africa’s big 5 banks where he helped design, support & implement technology backed banking products for Corporate, Business & Retail banking Clients.Personally, he describes himself as a Problem Solver.

Book preview

The 10 Minute Guide to Starting a Business: Lessons Entrepreneurs Learn the Hard Way.

Sandiso Ncube.

This book may not be reprinted and or copied/duplicated in its entirety or part thereof such that it violates copyright laws and or without the written permission of the author.

This book is designed to provide competent and reliable information regarding the subject matter covered. However, it is sold with the understanding that the author/publisher is not engaged in rendering legal, financial, or other professional advice. If expert assistance is required, the services of a professional should be sought. The author/publisher specifically disclaims any liability that is incurred from the use or application of the contents of this book.

Copyright © Sandiso Ncube 2015. All rights reserved. Originally published July 2015. Fourth Edition published April 2021. This title and the follow up titles in the Before You Start book series are published by Before You Start Pty Ltd. Johannesburg, South Africa

All rights reserved.

ISBN:978-1-77629-001-7

Contents

DECIDATION

ACKNOWLEDGEMENTS

CHAPTER 1: KNOW WHO YOU ARE

CHAPTER 2: THE REALITY OF RUNNING A BUSINESS

CHAPTER 3: GETTING READY; THE DO’S & DON’T’S

WHAT TO DO

WHAT NOT TO DO

CHAPTER 4: GOOD IDEAS DON’T MAKE GOOD BUSINESSES

CHAPTER 5: KNOW YOUR CUSTOMER & THEIR PROBLEM

CHAPTER 6: DO THE RIGHT RESEARCH

CHAPTER 7: OPPORTUNITIES VS. BUSINESS OPPORTUNITIES

CHAPTER 8: STARTING A BUSINESS COSTS MONEY; LOTS OF IT

THE COST OF SETTING UP

THE COST OF PRODUCTION

FIXED COSTS

CHAPTER 9: THE TRUE COST OF BUSINESS OWNERSHIP

CHAPTER 10: PRICING - HOW TO MAKE SURE YOU ARE PROFITABLE

CALCULATING YOUR BREAK-EVEN NUMBER

BUT, WHAT ABOUT PROFIT?

PROFIT AS A MARK UP

CALCULATING PROFIT USING PRICING

CHAPTER 11: ADD VALUE

WHAT IS VALUE?

DISCOUNTS AND VALUE ARE NOT THE SAME THING

HOW DO YOU OFFER VALUE?

CHAPTER 12: SAVE, SAVE, SAVE

QUICK MONEY SAVING HABITS

CHAPTER 13: HAVE THE DIFFICULT CONVERSATIONS

CHAPTER 14: GETTING OFF THE GROUND

CHAPTER 15: TECHNOLOGY IS YOUR BEST FRIEND

CHAPTER 16: CASH IS KING, ALWAYS

CHAPTER 17: PLANNING FOR GROWTH

CHAPTER 18: CHANGE YOUR HABITS - DISCIPLINE & CONSISTENCY

CHAPTER 19: MARKETING - SELL YOUR SOLUTION FIRST & YOUR BUSINESS SECOND

CHAPTER 20: HIRING PEOPLE

CHAPTER 21: YOUR IDEAL START UP CUSTOMERS

CHAPTER 22: THE NON-NEGOTIABLE

GET FINANCIALLY LITERATE

CONTRACTS, CONTRACTS, CONTRACTS

CHAPTER 23: GETTING ADVICE

CHAPTER 24: CHOOSING BUSINESS PARTNERS

CHAPTER 25: SETTING UP FOR GROWTH AND INDEPENDENCE

JOIN

Reviews for The 10 Minute Guide to Starting a Business

[Sihle · Rating: 5 out of 5 stars]

Great short read.with so much easy to understand applicable advice.

Recommend it to to everyone who wants to start a business at a young age. Or old actually...