Episode 48: 7 Steps to Launching a Business with Phillip Ramsey and Bryan Dewhurst

When it comes to launching a business, we wish we knew then what we know now! We are like many, many business owners in that respect. So we wanted to share some steps, a checklist if you will, for launching a business the right way.

Because thankfully we’ve learned a few things in the past 7 years in business together. In our latest episode, we’ll take you through the ins and outs of launching a business, from deciding on a name to finding the right accounting software and support people.

There are huge rewards in owning a business. It is the most powerful source of residual income because there are so many ways to leverage the wealth that you build as you grow a business.

But too often businesses fail because planning takes a back seat to jumping in and moving everything along as fast as you can. We get it. Businesses are usually born out of a passion, a drumbeat inside that doesn’t go away. Take that passion and build your business on a firm foundation with these 7 steps.

what you will learn in this episode:

• Why business is such a powerful source of residual income
• How to pay attention to the drumbeat inside of you
• What the heck a “value ladder” is
• How to lay the groundwork that leads people to your high-level, high-revenue products or services
• How to find “blue ocean” in a marketplace crowded with sharks
• The importance of a cohesive brand and all the legal and creative work that goes into it
• Building client education into your business strategy
• Why corporate structure is such an important business decision