Creating Stuff: by BHASO NDZENDZE (the rosie project TXT) π
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this is a short must read for all entrepreneurs and creatives who want to manage and generate revenue,through their intelligence and innovative thinking.
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that they get their money back and who is going to be responsible for that. In basic wording they want to know how much skill is in the team.
(3). The financing, tell them as much details when it comes to costing. To the last cent, but whenever pitching to an investor never should it be brought up or suggested that some of the money is going to go into your personal expenses, people who want money get jobs, you know that.
(4). TIME-FRAME tell him how long itβs going to be until they have all their money back, donβt be ambiguous, be to the point and be specific, show them that youβre a businessman/woman fully capable of calculating time-money related factors.
If need be, as time goes by the product needs some modification, then so be it, as your market grows, so should your brand and entire look, offer the same things in a different way or offer new things in the same culture or both.
11. Relax, take it easy
Child youβve earned your big break. Pop in to the office on an irregular basis. Be on the loop and if need be, sleep! You did a lot of work, put in a lot of hours, took a small idea turned it into a project, turned the project and turned it into an enterprise, well done. Be careful now, youβre going to be handling large amounts of money, first priority should be that the investors (remember them?) get all the money owed to them back in full. Also, money should be handled with someone who knows how, donβt hesitate seeking the help of a financial advisor or expect and for the first year or more, around 50% of the turnovers are dedicated to the development of this company of ours and pay your team good sums of money, you want to have a happy, motivated team to keep the company running. And speaking of that, insure the company, take out insurance policies and protect all assets including documentation. Keep backup copies of all documents some 100+ miles away. Accidents happen. Now that all that is taken care of, letβs get out and get a life.
This is dedicated to all those who, quite like myself are working in the department of coming up with new and innovative things. This one is for all those who are going to read it, learn something, relate and consider using some of the tactics suggested. Remember the business world is about different strategies what works for me, may not for you, but Iβm just glad you checked out my book. Thanks.
Author: Bhaso Ndzendze
develop
(3). The financing, tell them as much details when it comes to costing. To the last cent, but whenever pitching to an investor never should it be brought up or suggested that some of the money is going to go into your personal expenses, people who want money get jobs, you know that.
(4). TIME-FRAME tell him how long itβs going to be until they have all their money back, donβt be ambiguous, be to the point and be specific, show them that youβre a businessman/woman fully capable of calculating time-money related factors.
If need be, as time goes by the product needs some modification, then so be it, as your market grows, so should your brand and entire look, offer the same things in a different way or offer new things in the same culture or both.
11. Relax, take it easy
Child youβve earned your big break. Pop in to the office on an irregular basis. Be on the loop and if need be, sleep! You did a lot of work, put in a lot of hours, took a small idea turned it into a project, turned the project and turned it into an enterprise, well done. Be careful now, youβre going to be handling large amounts of money, first priority should be that the investors (remember them?) get all the money owed to them back in full. Also, money should be handled with someone who knows how, donβt hesitate seeking the help of a financial advisor or expect and for the first year or more, around 50% of the turnovers are dedicated to the development of this company of ours and pay your team good sums of money, you want to have a happy, motivated team to keep the company running. And speaking of that, insure the company, take out insurance policies and protect all assets including documentation. Keep backup copies of all documents some 100+ miles away. Accidents happen. Now that all that is taken care of, letβs get out and get a life.
This is dedicated to all those who, quite like myself are working in the department of coming up with new and innovative things. This one is for all those who are going to read it, learn something, relate and consider using some of the tactics suggested. Remember the business world is about different strategies what works for me, may not for you, but Iβm just glad you checked out my book. Thanks.
Author: Bhaso Ndzendze
develop
Text: all textual content in this work is property of Bhaso Ndzendze and permission is required before publishing them.
Images: content in this book is property of Bhaso Ndzendze and permission is required before publishing them
Translation: desing. develop. deploy. dominate.
Publication Date: 03-07-2013
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