Posts Tagged ‘success’
Entrepreneur Andy Willoughby comments on USA Today article; 4 start-up mistakes you must avoid when starting up a business
Friday, March 5th, 2010
I would like to share an article written by Steve Strauss, a USA Today columnist, about how to avoid early business failure.
4 Start Up Mistakes You Must Avoid
A: It is never fun to make a mistake in business, even if they are inevitable. And worse, mistakes are both more prevalent and more dangerous during the start-up phase of your business because your idea has yet to be fully cooked; the start-up period is, unfortunately, usually the ‘error’ part of a ‘trial and error’ phase for you business.
That said, even though mistakes are to be expected, they need not be crippling, or even negative. Not a few entrepreneurs have stumbled into success when they discover ways to make money in their business that they didn’t know were possible. For instance, Dr. Spencer Silver was trying to create a super sticky glue for his employer, 3M, when he mistakenly came up with an adhesive that was instead sort-of sticky. What to do with somewhat sticky glue? 3M created the Post-it note, that’s what.
So no, not all mistakes are bad mistakes.
But there are some mistakes that can and should be avoided as you start your business:
1. Taking on too much debt: Most entrepreneurs have to take on some debt to fund the dream. That is expected and fine. But you simply must 1) keep that indebtedness to a minimum, and 2) have a plan for paying it back from the get-go.
It will take a while for that new business to begin to generate revenue, and while that happens your debt load will increase due to interest. And the bigger it grows, the more it threatens the lifeblood of your business, your cash flow. Keep your debt low and get out from under as soon as possible.
Entrepreneur Andy Willoughby comments on New York Times article about the recession making small businesses stronger
Friday, February 26th, 2010
I want to share an article from the New York Times, Small Business section written by Jack Stack, Founder, CEO SRC Holdings Inc., about how the recession made him stronger.
How The Recession Made us Stronger
As it did with most companies out there, the recession hit SRC like a brick. But, as I’ve discussed a few times, it was a number of decisions that helped us pull through. Now that the results are in for 2009, it’s clear that those decisions didn’t just help us survive — they made us stronger.
In October 2008, when we began our planning and forecasting for the coming fiscal year, people here were really scared about the coming year. We had customers in panic mode. Some were on the brink of bankruptcy and others didn’t know if they could get financing. Others were going to the mattresses and eliminating inventories. Added together, 2009 promised to be exceptionally bleak for a manufacturing company like ours. The fear was paralyzing.
Andy Willoughby with the 3 Step Plan gives advice on how to maximize your home based business opportunity with Biblical principles
Tuesday, February 9th, 2010
By: Andy Willoughby
If your father called you and said “Listen closely to what I’m about to say. Don’t ever forget this advice. Remember it always; these words are the secret to life.” Would he get your attention?
Entrepreneur Andy Willoughby, founder of the 3 Step Plan, appearing on the Premiere of the New Television Show America Success Live.
Thursday, February 4th, 2010
Posted by: Andy Willoughby
I will be interviewed as a guest on the new show America Success Live. The episode will be airing live Friday, February 5th at 8 p.m on the ALN AmericanLife TV Network.
Entrepreneur Andy Willoughby Initiates New Web Video Program: Maximum Achievement Principles for Entrepreneurs Working from Home
Tuesday, January 26th, 2010
KANSAS CITY, Mo. – Andy Willoughby, entrepreneur and founder of a national, mini-franchise home-business system, known as the 3 Step Plan, announced Maximum Achievement Principles for those who desire success, increased wealth and professional development. Willoughby’s new video program is available at www.andywilloughby.com.
Willoughby initiated Maximum Achievement Principles, hoping that other entrepreneurs would benefit by learning from his experiences and use the knowledge to grow home-based businesses, multi-million dollar enterprises and live debt-free. “I have lived an abundant lifestyle and hope my program will enhance the viewpoints of others about life, wealth, success and family. My family is my true love, and after your relationship with God, should always be your top priority.”
Posted By: Andy Willoughby
The Maximum Achievement Principles program is the creation of Andy Willoughby, his business and personal life experiences which include marriage, raising kids, becoming a grandparent, more than 40 years in broadcast management and journalism and founding the 3 Step Plan.
The three-fold mission of the 3 Step Plan to: 1. Get at least one member of the family back in the home on a full-time basis. 2. Help families get out of debt. 3. Help others live a more abundant lifestyle. The 3 Step Plan is a mini-franchise home-business system for those who have a desire to either work full time from home or add to the family income on a part time basis.
To learn more about 3 Step Plan opportunities, visit www.3stepplan.com or read member testimonials at www.newworkbeginnings.org/blog.
3 Step Plan's home based business opportunity provides financial freedom to people all over the country
Thursday, January 7th, 2010
Posted By: Andy Willoughby
I wanted to share some comments of the positive feedback I have been receiving from people all over the country using the 3 step plan.
Here are few from my youtube channel board:
I have used the Andy Willoughby 3 Step Plan for over 3 years with a great deal of success in building my business.
Thank you Andy!
Bill J., Maine
Andy Willoughbys 3 Step Plan has changed our lives! Thanks Andy for making this so easy that anyone can do this! Denise C. Kansas
