Black Entrepreneur Blueprint 500 – Jay Jones – The Three Golden Rules Of Entrepreneurship

In this milestone episode, Jay unveils the time-tested “Three Golden Rules of Entrepreneurship,” imparting invaluable wisdom garnered from twenty-five-plus years of triumphs and challenges in the business arena. Brace yourself for a transformative journey as Jay decodes these rules, offering a roadmap to navigate the tumultuous terrain of entrepreneurship.

Jay’s insights go beyond conventional advice, providing you with a strategic advantage in the competitive business landscape. Tune in to this landmark episode and equip yourself with the essential knowledge to not just succeed but thrive as an entrepreneur.

LISTEN TO THE LATEST PODCAST EPISODE

BLACK ENTREPRENEUR BLUEPRINT SHOW NOTES – EPISODE # 500

Golden Rule # 1 – Test For Proof Of Concept

One of the biggest mistakes entrepreneurs make is that of not validating their business idea. Unfortunately, many entrepreneurs exhaust too much time and resources into something that’s not viable. The truest test of proof of concept is when people go into their pockets and purchase your product or service.

EXAMPLE: my nootropic, sales reps for magazine

Golden Rule # 2 – Create A Solid Business Plan

You don’t need to write a 200-page business plan unless you’re looking for funding. Take your time and write out your ideas in a concise fashion and focus on several things such as your target market, the benefits of your product or service, sales and marketing ideas, profitability, and

Golden Rule # 3 – Create A Sales System

If you don’t have a list of qualified prospects, you will never generate consistent revenues. No revenues equals no sales, equals no business. A winning sales system generates leads for you 24 hours a day and it can be as simple as driving traffic to a landing page and offering a lead magnet.

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