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xRPsystem.com - Online Business Productivity Tool AT Agent Technologies, Inc. Agent Technologies, Inc. Ben Moore 513.942.9444 [email protected] xRPsystem.com Entrepreneurship

Entrepreneurs: Basics of Business

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This is .ppt presentation used by Ben Moore as part of the panel discussion hosted by BDPA Cincinnati chapter in June 2010. The topic, "Basics of Small Business".

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Page 1: Entrepreneurs: Basics of Business

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

Agent Technologies, Inc.

Ben Moore

513.942.9444

[email protected]

xRPsystem.com

Entrepreneurship

Page 2: Entrepreneurs: Basics of Business

The PresenterThe Presenter

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

Ben Moore Founder and President of Agent Technologies, Inc.

(IT Company Founded in 1995) Founder and President of Niche Consumer Products Former Principal and Chief Operating Officer of CityWatcher Developer of Agent Based ERP Scheduling System for Dept. of Defense Former General Manager of a MM/year Manufacturing Company Former Procter & Gamble Engineering + IT/Brand Author: The Consumer’s Workshop: the Future of American Manufacturing

Page 3: Entrepreneurs: Basics of Business

EntrepreneurEntrepreneur

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

An innovator of business enterprise who recognizes opportunities to introduce a new product, process, service or an improved organization, and who raises the necessary money, assembles the factors for production and organizes an operation to exploit the opportunity.

Page 4: Entrepreneurs: Basics of Business

Business FactsBusiness Facts

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

80% of Businesses Fail Within 5 Years Only 1 in 7 Businesses that Fail have Debt Over 80% of Franchises Succeed

Why Do Franchises Succeed and Many Other Ventures Fail….SYSTEMS.

The Difference Between Working IN the Business

and Working ON the Business.

Page 5: Entrepreneurs: Basics of Business

What Makes an EntrepreneurWhat Makes an Entrepreneur

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

Vision, Passion & Drive Focus on the Systems (Systems for Sales, Operations, Finance, etc) Focus on Sales / Securing Necessary Capital Focus on Assembling Business Team Continuous Self-Improvement

Page 6: Entrepreneurs: Basics of Business

Rules of Sales & MarketingRules of Sales & MarketingAT Agent Technologies, Inc.

# Leads X Conv. Rate = # Customers X # Trans. X Avg Sale = Total Sales

Page 7: Entrepreneurs: Basics of Business

Securing CapitalSecuring Capital

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

Type Level

Credit Card, 401K, Home Equity, Loans/Credit Lines

Varies

Angel Investor $5,000 – $500,000

Venture Capital Over 1 MM

Page 8: Entrepreneurs: Basics of Business

Recommended ReadingRecommended Reading

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

The E-Myth by Michael Gerber The 4-Hour Workweek by Timothy Ferriss Tuned In by Craig Stull, Phil Myers & David Meerman Scott Think And Sell like a CEO by Anthony Parinello Jump Start Your Business Brain by Doug Hall

Page 9: Entrepreneurs: Basics of Business

Questions ? Questions ?

xRPsystem.com - Online Business Productivity Tool

AT Agent Technologies, Inc.

Ben Moore

Agent Technologies, Inc.

513.942.9444

[email protected]

xRPsystem.com