Pyramid of Success
There is no substitute for work. Worthwhile results come from hard work and careful planning.
Industriousness (Effort)
Who said “people buy what you do, not why you do it”?
Simon Sinek
Businesses that exist to make a social and/or environmental impact. ________________ maximize impact rather than solely maximizing profits.
Social Enterprises
Money given to a business by customers buying its products.
Revenue
The first step in starting a business.
Idea
Comes from mutual esteem, respect and devotion. Like marriage, it must not be taken for granted but requires a joint effort.
Friendship
These are the heart of all inspiring brands!
Values
Social Entrepreneurs value these principles. Known as the triple bottom line!
Planet, People, Profit
Unique visual that distinguishes your business.
Logo
The second step in starting a business.
Market your product/service.
To yourself and to all those depending on you. Keep your self-respect.
Loyalty
The first step in problem solving.
Identify the problem.
Having a strong effect on someone or something. The influence of one action on another.
For companies, it is the people or society you are having a positive effect or influence on.
Impact
The simplest legal structure where a business is owned by one person.
Sole Proprietorship
The third step in starting a business.
Figure out expenses/costs.
With all levels of your organization. Listen if you want to be heard. Be interested in finding the best way, not in having your own way.
Cooperation
The third step in problem solving.
Understand the problem.
The reason why something exists. For companies, it is the foundation of every experience.
It is the underlying essence that makes a brand relevant and necessary.
Purpose
They repeatedly buy from the same business and are reluctant to change.
Customer Loyalty
The fourth step in starting a business.
Funding
Brushes off those with whom you come in contact. You must truly enjoy what you are doing.
Enthusiasm
The fourth (last) step of problem solving.
Address the problem.
The clothing brand that Mr. Hughes likes to wear (especially his hats).
Patagonia
Employees interacting with customers in a positive way, employees working harder, and employees being more efficient are all outcomes of...
High Employee Morale
The fifth step in starting a business.
Business Plan