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How to Start a Business in 2024 (A Step-by-Step Guide)

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Do you dream of starting your own business but aren’t sure how—or even the best business to start? In this interview, Mike Andes outlines his stepbystep guide for how to open a business, from the point of view of someone who’s both done it himself and mentored others through the process.

Mike started his first landscaping company when he was just 12 years old, and entered an MBA program at 13. Today, his Augusta Lawn Care is a multimillion dollar business. Mike uses his Landscape Business Course and the Business Bootcamp Podcast to share his knowledge about starting a business with other aspiring entrepreneurs, and he’s talking with us today to do the same.

Mike started his first business from scratch with almost no financial resources. We’ll ask him how to start a business with no money, and which types of businesses have the lowest initial costs to open. Along the way, he’ll talk us through how to start a company, from choosing a niche and business structure to evaluating your success and adjusting your strategy after you open.

Along with his advice on how to start a small business, Mike will share his insights on the main mistakes that lead new businesses to fail and how much work you should expect to put in as a small business owner. He’ll also give tips on promoting a new business and which forms of marketing give you the best bang for your buck.

If you’re wondering how to start your own business, this video is a mustwatch! You can learn more about Mike at his website, https://landscapebusinesscourse.com/.

Subscribe to Mikes YouTube channel:    / mikeandes  

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Timestamps:
0:00 Intro
0:50 Meeting Mike Andes and First Business Steps
2:27 Second Business Step
4:51 Identifying Business Problems and Finding Solutions
5:35 Blitz
7:38 Market Research and Business Plans
8:59 What Is The Total Addressable Market (TAM)
10:37 Funding
13:23 Naming The Business
14:20 Structuring The Business
17:15 Marketing On A Bigger Scale
19:42 Outro

#howtostartabusiness #startingabusiness #howtostartyourownbusiness

posted by matilisguatecm