What I have learned from the experts I researched is that it takes a lot hard work and dedication to get where they are today. Success didn’t happen over night. It takes planning and financial stability to be at the top. Experts across the country have put blood sweat and tears into making their dreams come true.
Experts like Mark Cuban, owner of the Dallas Mavericks, get their edge in start-up companies. They develop an idea; invest time and money in it for it to succeed. That is what I would like to do for my record company. Invest the time and money for a record company to be successful in the Pittsburgh area. Although, working on my business it has been easier said than done. I am not giving up on my passion.
In other words, passion is something that investors look for when choosing clients. They are not being apart of the management aspect so they want to make sure they are investing their time and money into someone who is passionate about their work. Experts like Frank Goley say that the biggest down in businesses is communication and execution. In my business would not want that to happen. I will strive to communicate with staff members and execute the plans I have in store for the business.
The key is to have a well-written business plan. The business plan must be detailed oriented to the goals that the owner wants to achieve. I myself want to manage at least seven by my third year in operation. In my business plan I will explain all the steps and procedure I want to accomplish within the first five years of business.
In the end, the experts are very helpful when looking for guidance to start your own company and work on your business plan. I will continue to look for experts in my field. I hope to open my own record company and become a successful businesswoman.
blog maverick. blog maverick. Retrieved August 27, 2011, from http://blogmaverick.com/
Expert Views on Business Plans. Expert Views on Business Plans. Retrieved August 28, 2011, from http://bpexpertviews.blogspot.com/
Rethinking Music: Faculty engage music industry experts in two-day conference (video). Harvard Law School. Retrieved August 27, 2011, from http://www.law.harvard.edu/news/spotlight/intellectual-property/rethink-music-conference.html
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