How to pick your new business name.

How to pick your new business name.

Choosing a business name is an important decision, as it can impact how customers perceive your brand. Here are some steps to follow to pick a new business name: Brainstorm keywords and concepts related to your business: Make a list of words that describe your business, including products or services, target audience, values, and unique selling points. Check the availability of the name: Use a domain name checker to see if the name you have in mind is available as a domain name. Also, check for any trademarks or existing businesses with similar names to avoid legal issues. Consider the brand image: Your business name should reflect the image you want to project to customers. Think about what kind of tone, style, and personality you want to convey. Keep it simple and memorable: Choose a name that is easy to pronounce, spell, and remember. Avoid using complicated words, numbers, or special characters. Get feedback: Share your shortlisted names with friends, family, and potential customers to get feedback. Consider their opinions and make any necessary adjustments. Register your business name: Once you have chosen a name, register it with the appropriate government agency and obtain any necessary permits or licenses. Remember, your business name is just one aspect of your brand identity. Focus on building a strong brand with excellent products or services, customer service, and marketing to make your business a success.
How sound reinforces a thorough & intentional brand experience.

How sound reinforces a thorough & intentional brand experience.

Sound can play an important role in reinforcing a thorough and intentional brand experience by creating a distinct audio identity that enhances brand recognition and emotional connection with customers. Here are some ways in which sound can benefit the reinforcement of a brand experience: Establishing brand identity: Sound can be used to create a distinct audio identity that reflects the brand’s personality, values, and messaging. For example, a brand that values simplicity and minimalism might use a clean and uncluttered sound design. Enhancing emotional connection: Sound can evoke emotions and create a memorable experience that connects with customers on a deeper level. By using sound to convey positive emotions such as happiness, excitement, or comfort, a brand can create a positive association with its products or services. Creating consistency: By using consistent sound elements across all touchpoints, a brand can create a cohesive and unified brand experience that reinforces its messaging and values. Improving accessibility: Sound can make a brand more accessible to customers with visual impairments or other disabilities. By providing audio cues and descriptions, a brand can ensure that everyone can access its messaging and content. Differentiating from competitors: Sound can be used as a way to differentiate a brand from its competitors. By creating a unique and recognizable audio identity, a brand can stand out in a crowded market and reinforce its position in the minds of customers. Overall, sound can be a powerful tool for reinforcing a thorough and intentional brand experience. By using sound strategically, a brand can create a memorable and emotionally engaging experience that resonates with customers and strengthens its relationship with them.
Launch a creative e-commerce brand without funding in one week.

Launch a creative e-commerce brand without funding in one week.

Starting any e-commerce business with no funding can be a challenging task, but not impossible. Here are some steps you can take to launch a profitable e-commerce business in less than 30 days with limited resources:

    What I’ll cover:

    1. Choose a niche
    2. Market research
    3. Set up your online store
    4. Build your testimonials
    5. Create your marketing post plan
    1. Choose a profitable niche: Identify a product or service that you can sell that has a high demand in the market. Look for gaps in the market and determine what you can offer that is different from what is already available.
    2. Conduct market research: Conduct research to validate the demand for your product or service. This will help you understand your target audience and what they are willing to pay for your products or services.
    3. Build your online store: Use an e-commerce platform like Shopify or WooCommerce to create your online store. These platforms have user-friendly interfaces, and you can customize your website without any technical knowledge.
    4. Set up payment and shipping options: Set up payment and shipping options that are easy to use for your customers. You can use services like PayPal, Stripe, or Square to accept payments.
    5. Create a marketing plan: Develop a marketing plan to promote your products or services to your target audience. You can use social media platforms, email marketing, content marketing, and paid advertising to reach your audience.
    6. Launch your e-commerce business: Once your online store is ready and your marketing plan is in place, launch your e-commerce business.
    7. Monitor your results: Keep track of your sales, revenue, and expenses. Analyze your results and adjust your marketing plan and business strategy accordingly.

    Remember that launching an e-commerce business requires time, effort, and commitment. You may not see immediate results, but with persistence and dedication, you can create a profitable e-commerce business.

    How to extract your next business idea & sell it before it exists.

    How to extract your next business idea & sell it before it exists.

    I’m going to answer this in the way I answered it for a similar obstacle specifically for software business ideas on another forum.

    Go ahead, read this, and be cynical in the comments and ask me questions.

    Also, I’ll be dropping free services whenever I can, without linking to them so save this answer so you can refer back to it.

    Pick Your Poison (Market)

    If you don’t want to spend the rest of your life selling to alcoholics, don’t pick wine & spirits. Also, if it HAS to be a boring market, be ready to have an exciting hobby.

    Btw, don’t be me and pick a market that has potentially awesome people, but no money to spend.

    You know it’s a digital product, but not sure for whom. Do this:

    Is your potential client already using some other software?

    How approachable are the decision-makers (phone, email, social media)? The fellas over at Angel List VS CEOs at Fortune 500 companies;

    Don’t go after your wantrepreneur friends at Amway, do go after like-minded people running their legit hustles (nothing less than $110K per year as a small business);

    You’re able to extract a pain point within 10 minutes of your conversation (more on this as you scroll down).

    The more of the above list items you can nod at, the better the chances of having selected a solid market.

    Hit Them Up!

    Start with your warm network, friends & family (but NO MULTI-LEVEL MARKETING drones ).

    Let them know what market you’re after and if they’re growing their business too because you’re trying to learn more about their #1 pain point;

    Go through your social networks (LinkedIn & Facebook groups specifically) and engage them at an authentic level to learn more about what keeps them awake at night.

    You’re not selling anything, so listen;

    Don’t be that guy. Ask genuine questions and find out more about it within your friends, family, and professional contacts;

    Contact them with a simple message of who you are (your mutual friend), why you’re reaching out about, and if ANY of what you’re saying resonates with them, to hit reply and tell you what’s the BIGGEST OBSTACLE they’re currently facing in their business. If you have a list of 25 contacts, know right now that you won’t get 25 responses. Play the qualified numbers and look for patterns as the responses start to come in.

    Rinse & repeat until you get about 50 responses (this is a rule-of-thumb, not the recipe) and look for patterns to close in on your niche.

    I.E. Use this “ad-libs” email template as your initial message for people that share a mutual friend:

    “Hi [LEAD NAME]. I’m [YOUR NAME] and our mutual friend, [MUTUAL FRIEND’S NAME] recommended I reach out to professionals in the [NICHE] market to learn more about their biggest obstacles right now and your name came up. I don’t have anything to sell. Is this something you’d be able to help me with? There are no wrong answers. If any of what I’m saying resonates with you right now, simply reply with “YES” and I’ll follow up with a link to my calendar to get on a 10-minute call to learn more about what’s keeping you up at night.”

    Again, this is a TEMPLATE. You’ll find your own voice depending on your market and your style. The goal is to get a decision-maker ON THE PHONE with you.

    Use a free service like calendly[dot]com to set up and connect your schedule to show your availability and let them do the work for you.

    If you don’t want to give out your personal line, I recommend uberconference[dot]com to talk over an internet connection and you can give out the same URL or PIN number for them to connect with you. Skype works too, I guess.

    You’re Talking with Them, Now What?

    Dude, you’ve done the HARDEST part of this training, getting a decision-maker on the phone with you.

    If you’re a weirdo over the phone, you’ll just have to practice this part. More or less, here’s the script, ask them and listen:

    “Hi, [REITERATE WHO YOU ARE AND WHAT YOU DO IN TEN BREATHS or fewer]”

    “Can you tell me more about what you do on a daily basis?”

    “Of those tasks, which one is the hardest and/or taking the longest to accomplish?”

    “What is this costing your business?”

    “If this obstacle were to be solved, what would it mean for you, both personally and at a professional level?”

    “In an ideal scenario, what would your success look like?”

    If you’ve read this far is because we both know your ideas suck. So LISTEN to THEIR problems and collect that information. You don’t have a business, logo, website, or friends (you don’t).

    Here comes the secret sauce: YOU HAVE GATHERED PAIN POINTS FROM ACTUAL PROFESSIONALS WITH THE SAME/SIMILAR PROBLEM.

    Right now I need you to get rid of your ego (and you should’ve long ago) and accept that THIS feedback is your business potential. Not YOUR STUPID IDEA(S).

    What did they say?

    How did they say it?

    How big of a problem did they have?

    Now, after you thanked each and every wonderful qualified business professional that agreed to talk to your sorry butt, let’s go back to the lab.

    Do their problems make sense?

    Can you see how bad they are?

    If you know their problems at such an intimate level at this point, chances are, you can figure out the solution?

    Can you?

    NOW, for those of you that DO have an answer to their BIGGEST obstacle. We’re going to sell them the solution WITHOUT HAVING IT AT HAND.

    Pre-Selling

    I don’t have time to explain it because this is about action over theory without the fluff.

    The Anatomy of a Pre-Sales Offer:

    The talk

    The goods

    The catch

    The guarantee

    Ok, before we dive into offering a solution that doesn’t yet exist, we need to figure out how much it’s going to cost. Developers are EXPENSIVE, the good ones, at least.

    Find out how much it’s going to cost you to deliver the MVP (Most Valuable Product). Think of a penthouse suite, without the ‘pent’ or the ’suite’ and you get a ‘house’. What are the bare minimums you need to get this digital product to JUST WORK?

    This is a weird part of my training because the answer could be anything. If you care to guess-n-test it, head on over to my Google search result:

    howmuchtomakeanapp[dot]com and get a benchmark, but don’t get stuck on that number. This training is about momentum.

    The Talk

    Now hold onto that number and figure out how many early investors you need to PAY YOU to get your web app to work and in beta. These guys will ask you why you’re asking for that much and you need to be HONEST and ready to say why you need to raise this much to get the ball rolling.

    The Goods

    I won’t spend too much time on this part, because you already know what good can come out of this if you can solve their problems. You should, they TOLD YOU.

    Now offer the solution and SWEETEN the deal:

    Can you lock them at an “early investor” discount?

    Can you offer them XX months free?

    Can you provide extra TLC ‘round the clock?

    Can you train them and their team for free?

    Can you text them bedtime stories at 3 am whenever they ask you for one?

    Sweeten the pot!

    The Catch

    Ok, now this next part sounds a little prison-y. There’s a catch. This part is about what THEY CAN DO for YOU.

    Testimonials

    Access to their network (Referrals)

    Case studies

    Linkbacks

    Understanding that your beta WILL have bugs, but you’re working them out.

    Don’t let them forget that they’re part of a MOVEMENT. That they’re the early adopters that believe in you and you will NOT forget about them.

    The Guarantee

    I won’t lie, this part is scary AF.

    Tell your initial contacts that have been with you thus far that if you’re NOT able to deliver on your solution, you’ll give them their money back.

    Get a lawyer before you say this, I don’t need your butt after me because you talked out of your butt due to a Quora answer you scrolled through.

    Now, that we have that out of the way…seriously, put yourself in THEIR shoes, why should THEY give YOU money?

    They want the results you’re offering, but they want to reduce risk as much as possible because you have NO track record.

    Get that money!

    That’s it. That’s how you get others to tell you their problems and convert that feedback into a business idea.