Tracey Downey Offers 10 Business Lessons Learned

September 12th, 2008 | Posted by Debra Simpson in Marketing

Lessons learned from the chocolate business.

1. Your vision needs to be in writing.
2. Write your business plan and work the plan.
3. Utilize your local SCORE team. They are a wealth of info.
4. Financing: Ask for 3 -4 times what you think you will need.
5. Business plans are ever evolving. Don’t resist the plan.
6. SBA does not stand for Should Be Afraid, rather SBA stands for Stellar Business Assistance.
7. Surround yourself with the best. You can’t do it all.
8. It’s all about your people. It’s not about you.
9. Inspect what you expect, success comes through delegration and follow through.
10. Be innovative inyour marketing techniques. That new niche can you identify?