Tuesday, January 25, 2011

Ron Kornfeld - Need money to make more money

Our second guess speaker Ron Kornfeld gave us a first taste about what the business plan about.  I narrow it down to 3 categories from his presentation.  1. How to create your business idea.  2. How to make plans for your business idea.  3.  How to sale your idea.  About creating a business idea, he mentioned that people need to be a little crazy.  The word "crazy" refer to creativity, thinking out side of the box with lots of courage.  It is true that many things we have nowadays people used to believe that it is impossible.  He also present great guidelines of how to make a business plan and using many different techniques such as 5 steps program to create a business proposal.  Then he used many examples to describe pros and cons on how to sale your idea and plan to potential investors.  With strong marketing and business developing background, Ron is all about business.  For any entrepreneur, unless you are already very wealthy, before you can sale your products or services, you will need to give what it takes to sale your business plan first, because you will need money to make more money.

No comments:

Post a Comment