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Business Development - Book One - Part I
Business Development - Book One - Part I
Presents
Business
Development
The four part strategy and guide to have your business go from
One Person to Fortune 500
Ty Cooper
Development
*** Product/Service - What do you want to do/sell?
When initiating a business, you have to decide what product you want to sell or service you wish
to provide. There are lots of people who use an app or website as a pathway to make money.
The main thing is that those are only platforms useful for expanding and growing business.
A great video I have a watch that is called, “Start with Why!”. It’s one thing to know what you want
to do, but it’s entirely different to know why. Your goal for diving into any business venture should
be considered carefully. You never want to do something that you dislike, or do something that
you are only trying out, going half way then decide not to go all the way. There will be multiple of
Less from a personal note to more of a business view, this is the most important context that will
resonate the most with your audience. People never necessarily buy what something is they buy
why. When you are passionate about your product, then you have a high rate of attraction when
A great part of business growth is to always set goals and achieve your goals. Knowing what you
want, and why. Now putting the objective in perspective to make a set of goals. Doesn’t matter
You have what you want, and why you are doing it, now apart of your business plan you want to
have a list of goals you wish you wish to achieve in your business. No matter how far fetch or
simplistic it may seem, there is one variable that will always remain consistent, and that is
Take this time frame for example when it comes to where do you want the business future of the
business to be:
The perception of time varies, but when it comes to setting the goals for each plan, the time
passes by faster you may consider. Each day is crucially important in striving for success.
*** Location/Real Estate - Where is the business located? How is it convenient for the customer?
What are the environmental conditions? (For most online based companies this isn't even too much of an
Depending on the business you are running, location plays a vital part. Traffic is a big factor to
play in. You want your building to be apparent to achieve the maximize the amount of traffic, and
Many individuals claim that e-commerce will dominate physical stores. This may be true in some
cases, there will always be a need for a market. Drop shipping has advantages, but there are
some complications and it’s a little difficult to build a structured brand around it. If your products
are China-based, your customers may despise the length of time it takes for them to receive their
product.
For many online based businesses like drop shipping, and social media marketing, the location
may not be too important, but many of these tips translate into the platform of the business.
*** Target Audience - Whom do we want to specifically design the brand around this common
positive stereotype.
When starting a business, don’t get fixated that you are the core center you have to provide a
service to the public. In relation to what you are selling, you want to gain an idea whom you are
selling to. Being specific for an ideal group, you can prepare your marketing strategy centered
For example. Someone who builds an e-commerce business to sell beard growth products will
have more success than someone who starts an e-commerce business for trends. This is
because the bread growth business has a target to sell directly to men with beards, while the
trend business would have a harder time because they don’t have an idealistic individual to sell
to.
*** Tutorials - We have to teach and explain to users how to use our services.
Keeping the customer thoroughly informed about your product and service builds trust between
your brand and other competitors. This tutorial sections may not seem important, but from a
psychological stance, it makes things convenient and efficient for both your business and
*** Customer Support - Someone has to answers all those questions and solve issues.
You must be able to not only explain to your customers about your product or service but be
readily available when something goes wrong. We do not live in a perfect world and there are
times when things are bound to go wrong. This is also beneficial for your business to grow to be
*** Technical Support - Like customer support, but this requires actual skill.
Technical support caters to more technical questions and more specific rare occasion issues that
will require a higher level of expertise. This is popularized by those guys over the phone with the
thick accent helping you with your computer. This applies to anything that needs a higher level of
understanding. If you have employees running a site and a question comes up that isn’t solved by
a quick glance at the guide, you must resolve the issue to appease the customer needs.
*** Optimization - How are you going to ensure your business keep a competitive advantage to
remain in business during societal changes?
A famous example of this was start of the 1900’s when everyone relied on horses to travel to
work by horse. Then, the model-T emerged then it caused a revolutionary ripple in other
industries.
Optimization is your business plan to be the highest rated, most popular, and most influential
business in your invocation as you possibly can. This means keeping up with technology,
understanding the latest trends and having the capability to use these subjects to your business
advantage.
*** Prioritization - What are the factors of the business you are going to focus on the most?
Prioritizing your company’s objective are a key factor in ensuring things are efficient. It could be
daunting when you are juggling multiple of situations simultaneously. You’ll never be able to solve
them all at once and why would you? You target the biggest liability first! Whether it’s the shipping
time, an associate of yours, legal, financial, or product enhancement. Take care of it. These
obstacles will never get any easier. Consider them like compounding interest. It may be small
*** Consumer Centricity - This is from the perspective of the consumer on how they benefit
from the business and how is it something they need or want (it's hard to justify a want other than
Not being customer-centric is the biggest threat to any business. This is why famous companies
like Yahoo, blockbuster, and sears went out of business, and superpowers like FAANG
(Facebook, Amazon, Apple, Netflix, and Google) constantly thrive time and time again. These
companies understand that the customer must be treated well and their services and easy to
understand and navigate. This pushes yourself as an entrepreneur to take pride and deliver
Finally, for this segment, we have KYC (Know Your Customer). This is important to know
because, not only it’s required by the federal government to collect this information, but it helps
you as a business to know what your customer like and dislike. You also have an idea of who is
doing what with your product. This is why the company’s terms and conditions come in handy
(Even though no one reads it). You can’t necessarily control what your company brand or
representation will result in. People can take something and create an entire narrative out of it; if
they are creative enough. This also influences culture in society and you definitely want to scale
*** Allotted Resources- What are the resources you have available where you can apply to ensure this
gets completed?
*** Research - What research have you done to know what people need or not?
HOLD
*** Budgeting - You can't run a business without money, and a business that doesn’t make money
doesn’t make sense.
Topics
Rapid Debt Reduction (App Featured) | Tax Deduction/ Write-Offs | Building Business Credit | Assets and
Liabilities | Using Liabilities to turn into assets | Business Insurance | Sales Optimization | Reading in
between the lines | Profitable Platforms | Budget Sheets | Balance Sheets | Seeking Investors |
Negotiating With Investors | Government Grants | Ad Spend Brief | Lines of Credit | Business Capital |
*** Marketing - You can't have a successful business if users don't know anything about it.
Ad Spend (Advanced) | Advertising Platforms | Social Media Marketing |Online Adverts vs. Local Adverts
(App Featured) | Micro-Sell | Macro-Sell | Graphic Designs | Branding Content | How to be Competitive |
How to be Irreplicatical | How to be Memorable | Content Creation |Taking advantage of Special Events |
SEO | Email Marketing | Click Funnels | Event Hosting |Testimonials | Reviews | Surveys | Press Release|
Local Listing | Web Traffic | Network Marketing | Domain Search (App Featured) | Influencers |
*** Governance/Rules - Who is doing what inside and outside the business.
Managers | Board of Advisors | Treasure Secretary | President | Marketing Agent | Graphic Designs|
Virtual Assistance | Copyright | Trademark | Tax Forms | Tax Filing | Accountant | How to manage |
Procedure | Social Media Manager | Email Responder | Shareholders | Contracts | NDA’s | Legal
Consultations | Operating Agreements | Asset Protection | Insurance | IPO’s | ICO’s | How to handle
If you would like your business featured in this book of reference contact me via email
tycoo99@outlook.com