“Learn,” Starting and Growing My Business (2014)
“Learn,” Starting and Growing My Business
Learn
How do I describe my business?
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Read:
Today we will make our business presentations. When we describe our business to others, we learn things about our business that may help us improve. As we have ideas during and after the presentations, let’s write them in our business notebooks.
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Read:QUESTION OF THE WEEK—How can I explain my business to others?
ACTION OF THE WEEK—I will seek ideas from others on how to grow my business.
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Time:For each person who presents, set the timer for three minutes. Let the presenter know when there is one minute left.
Successful business owners improve something every day.
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Read:We will now have our first presentation. Who would like to go first? Remember, you have three minutes to make your presentation and then two minutes for discussion.
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Read:Follow the instructions on the next page.
MY BUSINESS IN THREE MINUTES—INSTRUCTIONS
Part 1
In less than one minute, describe your business.
Part 2
In less than one minute, describe how answering one of the following questions greatly improved your business.
1. What do people want to buy?
2. How do I sell?
3. How do I control costs?
4. How do I increase profits?
5. How do I run my business?
Part 3
In less than one minute, describe one thing you will do to continue improving your business.
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Time:Now, set the timer for two minutes for discussion.
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Discuss:Ask each other questions. Counsel together. Help improve this group member’s business.
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Read:Now, repeat these steps for each group member until everyone has presented.
What did I learn?
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Discuss:Successful business owners learn continually. What did you learn from other group members that will help you improve your business?
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Read:In our next six meetings, we will learn how to grow our businesses. For our next meeting, we will need to bring business income and expense logs and our business income statements from the last two weeks.
If we have not yet started a business, we will help others with their income and expense logs and business income statements. This will be good practice for us.
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2:3See how Felix improved his business by using principles of self-reliance. Watch “Felix: Refrigeration Parts.” (No video? Just continue.)
Am I becoming more self-reliant?
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Read:Our goal is self-reliance, both temporal and spiritual. Making our businesses succeed is only part of that goal.
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Discuss:What changes have you seen in your life as you have practiced and taught the My Foundation principles?
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Practice:
Open your My Path to Self-Reliance booklet to a blank self-reliance assessment (in the back). Complete the steps.
When you are done, take three minutes to ponder the following:
Are you now more aware of your expenses? Can you now answer “often” or “always” to more of these questions? Are you more confident in the amount you have set as your self-reliant income? Are you closer to achieving your self-reliant income? What can you do to improve?