YOU CAN WATCH THIS VIDEO ON OUR YOUTUBE CHANNEL HERE!

Are you ready to turn your business idea into a thriving enterprise but unsure where to start? In this video, Gary Smith, of the Startup Three YouTube channel and US Army Veteran, professor, and experienced entrepreneur, will guide you through five essential steps for business idea evaluation and to realize your business's potential. From investigating the market to executing a test market phase, these actionable insights will help you determine if your startup idea has what it takes to succeed.

Take some notes as we dive into practical strategies for every aspiring entrepreneur, and don't miss the crucial tactic I reveal at the end for gaining instant credibility in your market. Subscribe to Startup Three for more expert advice on navigating your first three years in business. -Gary Smith, MBA

This is the podcast version of our YouTube Video. You can watch this episode and all our videos at StartupThree.com

Timestamps:

0:00 - Introduction

1:33 - Step 1: Investigate the Market

5:00 - Step 2: Validate Your Idea

8:55 - Step 3: Determine Scalability

12:48 - Step 4: Exploring Strategic Partnerships

15:50 - Step 5: Test Market Implementation

18:45 - Closing Tips and Final Thoughts

YOU CAN WATCH THIS VIDEO ON OUR YOUTUBE CHANNEL HERE!

YOU CAN WATCH THIS VIDEO ON OUR YOUTUBE CHANNEL HERE!

Ready to turn your startup idea into a real, income-generating business? Join Gary Smith of the Startup Three YouTube channel in this insightful video as he teaches how to start a business in six essential steps to take you from concept to launch. Gary, a seasoned entrepreneur and business professor, will guide you through each phase of establishing a solid business foundation, from choosing the right business structure to opening a business bank account.

Listen until the end to discover a little-known secret that could grant your new business instant credibility. Subscribe to Start Up Three for more practical business advice tailored for your entrepreneurial journey. -Gary Smith, MBA

This is the podcast version of our YouTube Video. You can watch this episode and all out videos at StartupThree.com

Show Notes:

0:00 - Introduction to transforming a startup idea into a successful business.

1:12 - Step 1: Choosing the Right Business Structure. Overview of different business structures and their implications.

4:45 - Step 2: Selecting a Business Name. Tips for choosing a meaningful and effective business name.

7:23 - Step 3: Registering Your Business. Necessary actions to legally formalize your business.

9:55 - Step 4: Obtaining Licenses and Permits. Understanding and acquiring the necessary documentation to operate legally.

12:46 - Step 5: Understanding Tax Responsibilities. Key tax considerations for new business owners.

14:45 - Step 6: Opening a Business Bank Account. The importance of separating personal and business finances for credibility and ease of management.

18:30 - Conclusion and final thoughts on starting your business with solid foundations.

YOU CAN WATCH THIS VIDEO ON OUR YOUTUBE CHANNEL HERE!

YOU CAN WATCH THIS VIDEO ON OUR YOUTUBE CHANNEL HERE!

Join Gary Smith of the Startup Three YouTube Channel as he continues the journey (part 2) through actionable steps to elevate your brand. In this episode, Gary delves into the next three crucial strategies: engaging with your audience, leveraging platforms wisely, and making iterations based on feedback. Discover how genuine interactions, strategic platform use, and responsive adaptability can transform your brand into a beloved market leader.

Whether you're a seasoned entrepreneur or just starting, these insights will help you create a brand that resonates deeply with your audience. Don’t miss this final part where we tie all the strategies together, showing you how to achieve exponential growth. -Gary Smith, MBA

This is the podcast version of our YouTube video. You can watch this episode and all our videos at StartupThree.com

Show Notes:

0:00 - Introduction to continuing steps on building a compelling brand.

1:20 - Action Step 3: Engaging with Your Audience. Tips for deepening connections through meaningful interactions.

2:54 - Strategies for using polls, surveys, and social media to enhance audience engagement.

4:04 - Action Step 4: Leveraging Your Platforms Wisely. How to select and optimize social media platforms that align with your target audience.

5:00 - Tips for testing and adapting strategies on different platforms to maximize impact.

6:40 - Action Step 5: Making Iterations Based on Feedback. The importance of listening to customer feedback and integrating it into your business strategy.

7:20 - How to effectively use customer feedback to make informed changes to products or services.

9:30 - Conclusion: Tying all the steps together for brand growth and final thoughts.
YOU CAN WATCH THIS VIDEO ON YOUTUBE HERE!