10 Tips on how To Start A Business While You Still Working

Some entrepreneurs simply quit their job without a game plan or without logical planning for opening a business. More often than not, they end up back on the job market.

Quitting your job to open a business is not a black and white concept meaning that you can start before you quit your job. In all actuality, I recommend it.

How many hours does this take? If that’s your first question, than you may want to look elsewhere for advice because to be a successful entrepreneur, the time dedication to your business is going to be something that will at first seem very foreign and very daunting, but it’s very necessary.

However, if you’re not overly scared, here are 10 steps on how to open a business while you’re still working without sacrificing ethics: Remember that these can be done over a period of time (don’t rush, yet never procrastinate).

1. Determine What Type of Business

You can’t be an entrepreneur without a business idea. Quitting your job to open a business is overly vague and will often lead to confusion. When determining a product or service (or suite of), it’s best to get involved in industries that exist and that have a market already.

It’s okay not to be the next Bill Gates. It’s not okay to quit your job to reinvent cat-nip! Having an existing market increases your odds for success as a young entrepreneur as, among other things, it serves for a pricing base.

2. Determine Who Is Currently in the Space

Once you know what you’re selling, know who is already in the space and how they position themselves. Don’t get overly intimidated; these businesses were not built in a day either.

Also, never copy off of; you don’t want to end up like one of those “B” actors who is referred to as “A Poor Man’s.” Rather, this exercise is done to evaluate how people in the space conduct business.

3. Determine How You Want To Market Your Business

You can take any business and make it sexy. You can take any business and make it anything. Look at Steve Jobs. He made computers cool. He made them sexy.

When marketing your business, stay 100% original and stay 100% creative. The limit is not what other companies are doing, rather it’s your imagination.

4. Determine Your Start-up Costs

In one clean shot, how much is it going to cost you to be from where you are now, to up and operational? Do you need a new computer? Do you need a new workspace?

Think one-time costs here. Quick hint: just because they are one-time, does not mean that you should roll out the red carpet. The less you spend, the longer you can survive without a job.

5. Determine Your Monthly On-going Expenses

Now that you figured out the added expenses it’s going to take to get up and running, figure out the monthly expenses that you’re going to incur for your first few months of business.

6. Determine Whom You Want To Sell To

Who is going to buy your product or service after the launch? Are they companies or individual consumers?
If they are companies, who within those organizations are going to be the ones who pull the trigger.

Don’t answer this with, CEO, CEO, CEO. CEOs hire employees to take care of vendors. Now, figure out which employees are paid to do so.

7. Determine Your Pricing

Once you have your monthly expenses and your competitive analysis done, you can determine your pricing based upon:

a. How much it is going to be to break even.
b. How much the competition gets away with asking for when selling similar products or services.

8. Determine Your Sales Pitch

The best way to sell is to be upfront. Give the facts. Phrases like, “I’m the best,” insult the buyer’s intelligence. Let them determine that through the facts that you want to give upon speaking with the individual.

9. Determine Other Skills Needed to Grow

Since I opened my company, I’ve had to learn everything from accounting to how to speak to a camera. There is no way that you know everything that you need to in order to take your company to the next level.

Successful entrepreneurship is about growth of not only the company, but of oneself. One can not grow without the other.

10. Website

Now that you have all of this information, it should not be all that hard to formulate a website. A website is just a visual sales pitch, but a necessary one. Don’t rely simply on a Facebook page.

In the End

When leaving a job to start a business, the name of the game is to have that business already operational or as close as possible. The quicker you can generate revenue, the quicker you have a real business. Take these tips as individual exercises and you should never have to write a resume again.

This article was extracted from www.under30ceo.com. Ken Sundheim is the CEO of KAS Placement www.kasplacement.com an executive search firm specializing in sales and marketing recruitment for organizations from over 30 countries. Sundheim founded the company at age 25.

1808 Sessions – The Heart of the Hero

Back in 2006 Tshidiso Maduna and Girland Masola started 1808 Arts and Culture sessions. The 1808 sessions (inspired by the old Pimville postalcode) function as a platform for young artists in Gauteng to showcase their talents and skills in hip-hop, dance, DJ-ing and other art forms.

Tshidiso and Girland realised that there are many talented young people who just needed the right exposure and space to express themselves. So, instead of waiting for someone else to do it, they went out and created a platform themselves.

But 1808 is more than just an emerging artist agency. Tshidiso believes that art can also uplift the community, which is why the 1808 crew started the Youth Month, Charity Walk and Don’t be a Fool Stay in School campaigns. If that’s not enough, they’re planning an indoor soccer league too.

Tshidiso and Girland take pride in their goal to uplift and reflect the state of mind of today’s youth. They aim to educate their peers and local youngsters by engaging them on topics like teenage pregnancy, abusive behaviour, drug abuse, unemployment and HIV/Aids.

Watch their short Documentary here

Follow them on twitter @1808_Sessions

Source of the story PLAY HEROES

Cloudnine Urbanwear Winter Update

Goodday Dreamerz and Believerz

Its been a while. We’ve been getting an abundance of love from you and can’t even begin to show our appreciation.

The @cloud9urbanwear brand seems to be flourishing and reaching exceptional heights and it’s all thanks to you.

Here are a few developments we’d like to get you up to speed with:
@Cloud9urbunwear is now readily available @ the following stores for your convenience.

1.Johannesburg

Soul Candi store:
81 Corlett Drive, Melrose arch opposite the BMW dealership.
Tel 011 440 1795

2. Pretoria

Kayor Store:
Pretoria CBD Shop no 7 Apollo Building,409 Church ST and Du tiot Street. front opposite the eastside of TNC(Tswane North College). Tel 012 320 3671

Otherwise you can hit us up on our blog, twitter or facebook account. Also feel free to call us for orders.
CLOUDNINE ® URBANWEAR for dreamerz and believerz
For more info and Business deals Contact us on:079 042 0616 or 072 697 4531
For more info visit our blog:
http://www.cloudnineurbanwear.wordpress.com
Facebook: Cloudnine Urbanwear
Twitter: @Cloud9urbanwear

4 Networking Mistakes You Don’t Know You’re Making

A handshake is more than just a greeting. It is also a message about your personality and confidence level. In business, a handshake is an important tool in making the right first impression writes Lahle Wolfe

Whether you’re looking for a job or not, you’ve probably been encouraged to “network, network, network!” more times than you can count. Are all those conferences and events you’re attending leading to new connections or opportunities?

No? You’re not the only one. Many networking newbies have tendencies that actually inhibit building real relationships with their new contacts.

The good news: it’s not that hard to fix. Here’s what you might not even realize you’re doing wrong—and what to do about it.

Mistake #1: Talking about Yourself—All the Time
You’re talented! Eager! Ambitious! You have lots of ideas to share! And you want to make sure that every person you meet at the event knows who you are and what you do!

We get it. And yes, sharing your story with new contacts is important. But sharing your life story is overkill: Nothing can set a person off more than an aspiring professional who takes no interest in anything beside her own ambitions.

The Fix: Take Some Interest. Stop highlighting your latest accomplishment and start listening instead. Find people with industries or careers of interest to you, and ask them questions: How did they get their start? What do they love about their jobs, and what do they wish they could change? By taking an interest in your contact, you will make her feel valued—and hopefully interested in continuing the relationship. And you’ll likely gain some new insights, too.

Mistake #2: Expecting a Job
You’re looking for a new job, so you hit the circuit of industry events every week, asking every person you meet to help you find your new gig—after all, it’s not what you know, it’s who.

Well, yes. But give people some credit: If you pursue networking opportunities purely for the job prospects, your contacts will figure you out. You will leave them feeling used, and they will be less likely to recommend you for an opportunity.

The Fix: Provide Some Value. If you’re looking for a job, don’t ask for it—work for it. Do some research into what your contact does both in and out of work and find ways that you can contribute your time or support. Perhaps you could volunteer your expertise in social media for the big convention she’s heading up, or offer your accounting knowledge for her non-profit. Provide some opportunity for contacts to see you in a working light, and you’ll be that much closer to a good referral.

Mistake #3: Not Saying Thanks
You attended a large event last week and grabbed coffee with one of your new professional contacts afterward. And then—the week got busy, and you didn’t get around to saying thank you. She’ll understand, right?

Maybe. But if you don’t show gratitude, even in the smallest (or largest) event, you risk leaving a negative impression—probably not the desired outcome of your meeting.

The Fix: Just Do It. Whether you pack notecards in your purse for post-meeting scribbles, set yourself a reminder on Gmail to send off a quick note, or just insert a quick “thanks for taking time to meet with me!” at the final handshake, you must say thank you. Not only will you solidify your reputation as a courteous individual, but you won’t be leaving your contacts with a bad taste in their mouths. Always say thank you, and your good impression will last until your next meeting.

Mistake #4: Forgetting to Follow
You meet someone over a networking happy hour and tell her you’ll send her your portfolio. But as the night goes on, she has a few drinks and meets a few dozen more people. You’re sure she’s forgotten all about you, so you decide it’s not even worth emailing her the next day.

Bad idea. Meeting someone is just the first step in networking. In order to forge a lasting relationship (and make sure people don’t forget you), you need to follow up, every single time.

The Fix: Stay Accountable. If you told a networking contact that you would do something, do it. Even if you’re not sure she remembers you, you can bet that she will be grateful that you took the time out of your day to send her what you had discussed. If you’re worried about forgetting, keep a pen near your business card holder to quickly scribble out what follow-up actions you have for that contact, and review your cards after the event.

Above all, keep in mind that networking isn’t about short-term gain, but about learning, growing, and forming connections. Adopt good social habits, and you’ll see your skills and comfort improve, your opportunities increase, and your relationships grow—for the long haul.

This article originally appeared on The Daily Museby Diane Kulseth .

Photograph

Wow!!!!! Beyonce might be going back to high school?

Beyonce could be returning to school.

The Love on Top singer was spotted entering the West 35th Street Alternative Education Complex in New York, yesterday (18 April) with a laptop, prompting speculation she could enrol.
Beyonce left high school aged 14 to pursue her music career, and although she received tutoring it is not known if she ever completed her high school diploma.

The facility she visited offers a General Educational Development (GED) test, which is split into five different subjects – reading, writing, social studies, science and maths – and people who pass are given a GED qualification, equivalent to a high school diploma.
In the past, Beyonce has said that she felt she missed out on some of her teenage years because she left school so early.
She said: “Socially I did miss out. I left school at 14 and had a tutor. I was never exposed to people long enough to make friends so my family became my friends.”

Source http://za.omg.yahoo.com

Spring Fashion 2012 for Men

Men’s street style or fashion is slow to evolve unlike women’s street style but they do change, albeit subtly. Men’s street style trends for 2012 have their roots in fashion trends of the past but endowed with a new twist for 2012. But one unchanging characteristics of men’s street style trend is that they are highly wearable, unlike the clothes paraded in runways.

2012 Lisboa Fashion Week

Cardigans

The weather may turn warmer in the coming months but cardigans will still be a staple street style wear for men. This men’s love affair with cardigans will continue with a slight change in style. Cardigans for 2012 will have lesser buttons and are longer than usual. Cardigans with shawl collars as well as double-breasted cardigans and blazer- style cardigans will all be men’s street style trends for 2012.

Denim Vests

A men’s street style trend 2012 that is also a look back from the past is the denim vest. Think 1980 and early 1990 during the heydays of Bono of U2, as well as Robert Smith of the Cure and Billy Idol. For 2012 the undying denim will be worn on men’s backs rather than on their butts. It is as grungy as it was in the past with tattered sleeves, torn seams, and in medium or lighter washes to achieve a faded look.

Plaid or striped shirts over tees

Another relic of the past, roughly 20 years back, that has staged a comeback is the open plaid or stripe shirt with a tee underneath. For 2012, though, the checks are smaller while the colors are more subtle. For stripe shirts, thinner strips will be hot rather than the bolder wider stripes. The t-shirt underneath could either be a V-neck tee reminiscent of the 80s look or a T-shirt with graphic designs. The secret to wearing this trend is the proper mixing of colors and designs so as not to look too busy or messy.

Source MENS-FASHION.INFO

Diddy tops Forbes’ 2012 Hip-Hop’s Wealthiest Artists List

Forbes dropped their annual “Hip-Hop’s Wealthiest Artists” for 2012 on Tuesday (April 17), breaking down the “Forbes Five” of the genre’s richest moguls. After topping the list last March, it’s Diddy who returns to #1, beating out Jay-Z by nearly $100 million in estimated net-worth with $550 million.

Below is the breakdown (via Forbes.com):

1. Sean “Diddy” Combs ($550 million)
Diddy has remained a mainstream mainstay for 15 years thanks to his knack for self-promotion. Lately, he’s been channeling that energy toward Ciroc vodka, much to the benefit of his bank account: he receives double-digit millions annually as a share of the spirit’s profits. Better yet, he’s entitled to a nine-figure chunk of cash if Ciroc is ever sold. He also boasts stakes in clothing lines Sean John and Enyce, marketing firm Blue Flame, record label Bad Boy, a handful of tech startups and cable channel Revolt, slated for a 2013 debut—all of which means he’s well on his way to becoming hip-hop’s first billionaire.

2. Shawn “Jay-Z” Carter ($460 million)
Unlike his fellow Forbes Five members, Jay-Z still churns out music and goes on tour—most recently with pal Kanye West—adding to his considerable war chest. He sold his Rocawear clothing label for $204 million in 2007 and signed 10-year $150 million deal with Live Nation in 2008, and also holds stakes in the New Jersey Nets, his 40/40 Club chain, ad firm Translation, cosmetics company Carol’s Daughter and other businesses. (For more on his rise as a businessmen, check out Zack’s Jay-Z biography, Empire State of Mind).

3. Andre “Dr. Dre” Young ($260 million)
Fittingly, the bulk of this super-producer’s wealth comes from headphones. In August, handset maker HTC paid $300m to buy a 51% stake Beats Electronics, the company founded by Dr. Dre and Interscope chief Jimmy Iovine in 2008. Sources say each owned a third of the company before the deal, placing Dre’s cut at $85 million after taxes. The agreement also values his remaining stake at $100 million, which could increase rapidly as the company continues to expand.

4. Bryan “Birdman” Williams ($125 million)
The Cash Money Records cofounder would be higher on this list if he held sole ownership of his label, but he shares it with brother Ronald “Slim” Williams. The duo founded Cash Money two decades ago, inking very favorable $30 million distribution deal with Universal in 1998. The label’s value has soared with the success of rappers Drake, Nicki Minaj and Lil Wayne (who shares in the ownership of sub-label Young Money). There’s even more cash on the horizon—the label’s deal with Universal is up this summer, raising the prospect of a bidding war for the right to distribute Cash Money’s releases.

5. Curtis “50 Cent” Jackson ($110 million)
The Queens-born rapper earned $100 million for his Vitaminwater stake in 2007, and then spent freely on cars and renovations to his Connecticut mansion, formerly owned by Mike Tyson. But a nice cushion remains from his back catalog, acting gigs and 50 Cent-themed videogames, books and clothes, as well as new headphone line SMS. Next up: an energy shot called Street King, which promises to feed hungry children—and 50’s bank account.

“As much as it’s easy to say it’ll be Diddy or Jay, you don’t necessarily know, given what a guy like Kanye or Will.i.am is capable of doing,” says Stoute. “In a world where people are creating applications that sell for a billion dollars, you never know who’s going to come out of left field.”

This article was written by Zack O’Malley Greenburg for forbes.com

Our Black people are not Fools:Jay Stash responds


Remember we last week we featured Slikour’s article BLACKS ARE FOOLS fast forward to this week there i am minding my on business on Facebook i came across this interesting post by Jay Stash in response to Slikour’s BLACKS ARE FOOLS read and tell me what you think.

The past weekend I shared my opinion on Twitter @Jay_Stash on what I think about our Black people being called FOOLS.And I firmly believe that its unfair and pretty fcked up to call our own people fools.See we were cut from a different cloth and that cloth seen a lot of bad days leaving us in a more unfortunate position as a nation.We were derived off so much and it wont take the new democracy to bring change,it wont take 16 years of Freedom for change.Before we can expect much from our Black people we first need to HEAL as a nation,we first need to respect and understand each others cultures and traditions.For instance I went to the gas station this morning and I greeted the cashiers saying “Dumelang bana ba jesu”…And the lady greeted back with a smile but felt the need to share something from my greeting and she sed “Yes u are rite,re bana ba jesu and not bana ba Lekganyane”(Please note that Lekganyane is MY surname and I have grown to be proud of it coz as a kid I got mocked and I was called odd names even some kids calling MoZet…Zcc)..

The lady continued to insult my surname and as she was doing this…she had NO clue that my surname ke Lekganyane…..and this often happens.We talk bad about each other.As much as we all come from different languages….We also come from different tribes.And growing up some of us still do not understand our roots.We are a lost nation brain washed by media and this world that WE live in today.We are not FOOLS…We are IGNORANT,our people are not educated..Yes u got an education,u had opportunities that most wud die for,Ive had opportunities that I have wasted coz I took for granted what I had.Every house in the hood is going through a different hustle…Whist ga bo Thabo are trying to deal with the fact that the 16yr old daughter is dying from AIDS,Next door its a whole family of 8 sharing a 2 bedroom house with each member of the family being unemployed.Whilst that family is struggling to make ends meet,next door they believe in ‘BOLOYI’..They believe that the mother dying from cancer is all withccraft.U see we are an uneducated nation all because of circumstance and this makes us ignorant to a whole lot of things….Somewhere out there theres young sisters who no nothing about sanitary pads coz they cant even afford them,somewhere out there a man is raping a 3 year old coz he believes it will cleanse him off the H.I.V virus.We laugh at the guy who walks past us coz his armpits stink as if he hasnt washed in days.But do we consider that yes maybe he hasnt washed in days coz his living conditions are to harsh and they do not allow him such luxury of being clean.We hate our own coz very often WE THINK we are better…Look I cud go on and on.We struggle everyday just to get by and this is not just a financial struggle.I am as Black as YOU are but my English is not perfect yet I went to a MODEL C school and 2 private schools.We all struggling to win and it gets harder coz we are not getting any younger and some of our brothers and sisters become fornutae and in doing so greed gets the best of them and they ONLY live for the moment WHY coz we are an ignorant nation.We cant call our BLACK PEOPLE fools….I disagree.We all come from different backgrounds but we all Marching for the same thing but we do so in our own different ways coz of our circumstances…The majority of our people dont know better.The majority of our people cant even EAT better coz they dont know how to and cant afford to.We are a suffering nation and it will take time for us to HEAL and in doing so we gotta instill some form of pride and security in our kids coz they are our 2moro…..My Black People are not Fools.We Keep Marching.CHESA!

Jay Stash is a South African hip hop artist check his profile here or follow him on twitter @Jay_Stash.

Why blacks are fools: Slikour

Our task is to build a foundation of academies and give our children and future generations the opportunity to have a global view that will keep them inspired, writes Siyabonga Metane, a.k.a Slikour

Read more here—–>Why blackz are fools

The article appeared on City Press website by Siyabonga Metane who is a South African hip-hop artist read his biography here