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Business Opportunity Steps and "things to consider during the process"
As a very young lad arriving from upstate Michigan near Cadillac to Santa Barbara, California my senior year in high school - the culture shocked my muscles? In other words, as a wrastler and a golfer - various sidenotes of Unholy intention were constantly offered to me. Nevertheless, being backwoods tough, went to work. Now, as a young lad, we ignorantly didn't realize that basically, every household was valued at over 1 Million. Within a 3-5 years time span, we dined, literally, with 2 or 3 Billionaires, big money hedge fund managers, bank presidents, royalty, a volume of legacy money, PHD computer scientist inventors, world renowned book authors, founders of public traded companies, former CIA, Michael Jorden served as a bartender, owners and managers of all kinds of commercial properties, Hollywood actors and directors, 1st degree connections to Oprah and Michael Jackson, etc. etc. etc. Did 'they' take me aside to tell me anything? What would be the point? I was ignorant, my culture and outcome expectation was that of a deer hunter and knew, almost, nothing.
Nevertheless, we had a good story and meager correlations to a historic royal legacy and an interesting military hierarchy legacy that was, at the time, completely unaware. Nobody told me.
After leaving a public company tech company (about us) with meager levels of successful outcomes, 3 somewhat successful startups (case studies here), we though we were well on our way. Big surprise. Internal motivations and prior religious training, some say, 'inhibited' company growth at that specific moment in time. In other words, to reach the 'next level' my internal motivators and intrinsic motivations required heavy adjustments and modifications. At that time, unbeknownst to me.
In other words, if you're reading this page, perhaps, at one time, you're level of knowledge in some arena that you have now progressed in, you are/were me.
There are volumes of (business opportunities) B.O.D.'s out there - to discover more about ours - visit - B.O.D.
First things first
Allocated Funding
Simple accounting. Most of these concepts are learnt in basic high school or college accounting courses, however, for most founders of new businesses, to a certain degree somewhat irrelevant. In other words, often times, in the modern age, tens and hundreds of thousands of dollars are allocated for research BEFORE simple accounting principals are considered. In classical terms, if investment funds are paid to college professor(s), this process is called a degree. A degree tests the students ability to repeat back, from limited memory banks, information sets, in order to gain an officially recognized approval of knowledge proficiency. However, in modern times, some of us realize these, necessary for some however archaic for other, processes are a very poor indicator of grasping or wielding knowledge sets in order to achieve ideal outcomes.
Nevertheless, after conducting research (with or without degrees) a startup should be able to predict initial startup fund allocation within at least a 10% margin of error.
How is this accomplished?
Automation Anytime's B.O.D. process deploys a system of Google Ads and hybrid Automated SEO to discover cost and cost of scale within various set time periods. This comes only with experience and multiple failed and successful iterations.
In other words, simple book knowledge explains a classic example of a separation between marketing, sales and advertising without having any experience with the actual business, services or products being sold. This process, in our meager opinion, causes a slowing to optimal scale due to 'TMI' or a though dependency or though inclination towards the 'this is what I was told' attitude.
In other words, simple accounting for various startups that begin with AutomationAnytime's system, may, depending on product, service or business opportunity, intertwine, at least in the beginning analysis marketing, sales and advertising, etc. etc. etc.
If you are inclined and want to read more about our system - read for free or purchase our guides or tutorials!
What will "all those people mentioned above' typically tell you/me without AutomationAnytime?
The same thing that was explained to me, even after paying gobs of money for classes, interviews and even working with and for the 'BIG' companies.
File a DBA / S-Corp / C-corp
Register bank account with seed funding
Use Intuit or an accounting book for debit=credit transactions
Form board of directors
Hold an unG-dly number of meetings (all that require good monies...)
etc. etc. etc.
This does work and we also recommend, however, for people like me, this took a gazillion years.
Let me help you!