Strategies And Knowhow For Entrepreneurs V3
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The document outlines three keys for emerging entrepreneurs to control risk: 1) Construct a virtual team of remote experts to maximize productivity; 2) Leverage virtual communication tools like intranets and Skype to ensure objectives are achieved; 3) Make use of online business tools and web-based computing to lower operational costs. Following these three steps can help optimize returns while managing risks for new businesses.
Strategies And Knowhow For Entrepreneurs V3
- 1. Strategic Execution for Emerging Entrepreneurs Eric R. Korb President Copyright 2009, Avid Ally
- 2. Becoming entrepreneurial isn’t just about an idea; its also about optimizing returns with controlled risk • Work with remote experts – maximizes productivity • Leverage virtual communication – ensures objectives are achieved • Make use of online business tools – increases operational efficiency Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally
- 3. Leverage “just-in-time” expertise by using remote workers • Draw from a worldwide pool of talent • Use domain experts as needed • Flexible fee structures Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally
- 4. Virtual communication tools keeps your team on track • • • • Intranets, project portals Skype, Twitter, chat Shared desktops, Webinars Blogs, Wiki’s Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally
- 5. Making use of online business tools lowers the cost of operations • Web-based computing (SaaS) – bookkeeping, spreadsheet, word processing, tasks, scheduling • Shared on-line file storage & backup • Digital PBX, Phone, Fax • Online banking Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally
- 6. 3 keys to controlling risk for emerging businesses • Construct a virtual team of experts • Leverage online communication • Use online tools to lower costs Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally
- 7. 3 keys to controlling risk for emerging businesses • Construct a virtual team of experts • Leverage online communication • Use online tools to lower costs Copywrite 2009, debizness, LLC Copyright 2009, Avid Ally