Diana Peloquin found out recently that she had secured the property she was hoping for: a much sought-after piece of commercial real estate in Surrey, British Columbia. She intends to turn it into Cafe Pelorina, a high-end cafe featuring not just coffee, but art, books, and a community involvement component.

When she first began exploring locations for her cafe, she says, “I was told by my commercial realtor that the developers would not even look at an offer unless I had a business plan. Being of the strong mind that you don’t re-invent the wheel, I went on the Internet to search programs that offered business plans.”

Peloquin needed to get the business plan together quickly, as there were several other businesses interested in the property she had her eye on. She had never written a business plan before. “Instead of taking time, which I didn’t have, trying to figure out what a business plan is even supposed to look like, I Googled business plan software.” And that’s when she found Business Plan Pro, and discovered how helpful it was.

She says the planning process provided a lot of insight into her business. “As I was going through I realized how much detailed information I really had to get to be better prepared. I also realized that it was going to actually cost twice as much as I had thought!”

Her cafe hasn’t even opened yet, but Peloquin is already going back and fine-tuning her business plan. “I have already had to go back a couple of times to adjust numbers when I would look at the final outcome and see where there could be a problem in prices I had set. I was going to be paying too much for some supplies, which led me to get new suppliers and allowed me to achieve the margins I needed to make to be successful.”

Now a big fan of business plans, Diana would hate to think of what would have happened if she hadn’t written one. “If the developer hadn’t required that I have one I wouldn’t have made one, and I now realize this could have led to a huge disaster.”

Peloquin believes there’s no substitute for having a concrete plan when you’re starting your business. “Until you have everything in writing in front of you, you don’t know everything you should know.” She adds that Business Plan Pro made the entire process painless for her to accomplish. “I was amazingly impressed by how easy it was to do and how very professional the finished business plan was,” she says.

“I feel that doing a business plan gives you a great idea of how your business is going to work. You will be amazed by everything you learn about your industry.”

Tags: news, small business tools, success story, testimonial, testimonials
Posted on November 5th, 2009 | No Comments »

If you have ever read any books on marketing you are no doubt familiar with the 4 – “P’s” of Marketing – Product, Price, Place and Promotion.  When combined correctly, these 4 elements can have a tremendous impact on your bottom line, but NONE of them are anywhere near as effective as the never mentioned 5^th “P”.  Every company struggles with it, and most would confess it is what holds them back from achieving success in their marketing.  What is this elusive 5^th “P”?

Productivity

It’s all well and good to have a sound plan or system on paper, but it is another to put those plans into action and then to maintain those activities on a consistent basis.

Because so many business owners remain the key rainmaker for their organization and still carry out a ton of the work, non-time-sensitive activities, like marketing tend to fall to the wayside.

Let me ask you this.  If you were meeting with a new prospective customer to work on a sizable proposal, would you miss the meeting because the printer needs fixing or you have a ton of emails in your inbox?  Of course not!

It’s time to consider marketing your biggest client.  It does, after all, bring in more money than any other one activity, yet we constantly put it aside for less important issues. Want to make a big difference in your business?  Then start keeping your appointments with your marketing.  Here’s how you can harness the 5^th “P”

1. Make Appointments With Your Marketing – In your calendar, set aside consistent meetings with Mr. Marketing.  Try 1 hour a day at least 3 days a week for a start.  Now don’t break these appointments.
2. Minimize Distractions – Turn Notifications off on your Email, put your phone on Do Not Disturb, close the door to your office and remain productive for one hour.  After all if you were in a meeting with a client, you wouldn’t be answering emails, phone calls or questions from staff or family members!
3. Make a Priority List – I like to create a list in Excel and then next to each item I rank it first by priority (1 is high and 3 is low), and then by the amount of time it takes (.1hrs, 3 hours or 40 hours).  Now multiply these two columns and sort your task from those with the lowest to the highest.  For big tasks, you might want to break them down to smaller tasks so they get started and don’t remain too far down your list, especially if they are a high priority.
4. Create a Weekly Task List – of everything you want to accomplish that week so that when you sit down you know what it is you’re working on.
5. Too much on your plate? Then ask yourself, can you outsource this to someone else, and is it really that important right now.  Remove those items that others can do or that can be delayed with little detriment, to a later date.
6. Be Held Accountable – who do you have to hold you accountable on your marketing?  Face it – we all work best to hard deadlines.  Choose an accountability partner, or of course you can always enroll in one of our courses!

Cidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

Tags: Cidnee Stephen, Duct Tape Marketing Coach, Marketing, news
Posted on November 3rd, 2009 | No Comments »

“Unconsciously, everyone expects a startup to be like a job,” says Paul Graham, programming language designer, author, and venture firm partner. “It explains why people [in startups] are surprised…and why the surprises are so extreme.”

Graham’s recent post, What Startups Are Really Like, talks about the surprises in startups. He sent an email to all the business founders who had been funded by his venture firm Y Combinator, asking what things had surprised them in their startup.

Over 100 responded and their lists were summarized into frequently recurring patterns, including:

2. Startups take over your life — “I didn’t realize I would spend almost every waking moment either working or thinking about our startup.”
4. It can be fun — “The best way to put it might be that starting a startup is fun the way a survivalist training course would be fun…”
6. Think long-term — “For the vast majority of startups that become successful, it’s going to be a really long journey, at least 3 years and probably 5+.”
12. It’s hard to get users — “I had no idea how much time and effort needed to go into attaining users. ”
13. Expect the worst with deals — “Deals fall through. That’s a constant of the startup world.”
19. Things change as you grow — “Your job description … is completely rewritten every 6-12 months.”

Says Graham, “These are supposed to be the surprises, the things I didn’t tell people. What do they all have in common? They’re all things I do tell people.”

The answer to the puzzle is that our prior experience in business is our jobs — working for someone else. Being a founder of a startup is orders of magnitude beyond our experience and ability to imagine. Despite our preparation, we can’t believe it is as intense as others tell us, hence we are surprised.

So, go to Paul Graham’s site and read this essay, What Startups Are Really Like, and think about what surprised these other founders. Print it out, and stick it up near your desk where you can re-read it often. Take the advice to heart.

My thanks to my co-editor Sara Prentice Manela for sending this essay my way.

Steve Lange
Palo Alto Software

Tags: job, news, Paul Graham, startup, startups, surprises, work
Posted on October 28th, 2009 | 1 Comment »

What makes social networking so exciting right now is that “the book” is still being written. What I mean by that, is that people are finding a multitude of ways to use tools like Facebook, LinkedIn and Twitter to promote themselves and their businesses. Are they producing the intended results? In many cases, the answer appears to be, “absolutely.” If you haven’t stepped foot in this arena yet, at the very least set up your accounts and post a picture and a link to your website. It takes 15 minutes and it’s free.

The big question after you are LIVE is, “now what do I do?” The quick answer is start by posting updates and inviting people to be part of your network. In this article, let’s start by looking at what type of information you can post to boost exposure and promote your business. I’m not one personally for updating the world on the newest run in my nylons. So what kind of comments should you post? Strategic, well-thought-out ones of course, mixed with a personal flavour – hmmm sounds just like live networking.

Here are 10 clever ways to use your updates in Facebook, LinkedIn and/or Twitter to get results.

1. Think Media – Did you know the larger news and broadcast media are watching social networks for relevant news ideas? Well they are. So think of some catchy headlines that are topical and use these for updates.

2. Q. & A. – Do you get asked a lot of common questions? Pose the question via your update and then develop a link back to your site for the answer.

3. New Article or Newsletter Link – Check the software you are using. Can it automatically update your status? If so, set it up to do so or manually enter the topic and a link to read more.

4. Conduct a Poll – Want to test a new product or service or gauge market demand? Ask people what they think on a topic.

5. Brag - Share your successes. It lets people know you are in business and making progress. This could be a big client or an award or media exposure, as examples.

6. Invites - Invite people to your next Free tele-seminar or webinar or even to a paid event.

7. Share Interesting Resources – This could be a helpful tool, recommended reading, a great blog or a useful website.

8. Announce New Products or Services – Again, this lets people know you are invested in growing your business.

9. Introduce/Promote Others in Your Community or Network – Networking is about connecting people. Make sure you “give” back and support others by singing their praises, providing a testimonial or commenting on a useful page on their website.

10. Stay Human – Ask for help or expose a weakness. Because you may never meet these people face to face, it’s important to show people you are just like them. Poke fun at yourself every now and then, or allow others to help you. Otherwise they may see you or your company as too high-level for them.

Think about it. If you can think of 3 examples for each of the above ideas you would have 30 updates. That’s a month’s worth!

Cidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget-minded small businesses and professional services. She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success. Cidnee is also a sought-after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

Tags: Cidnee Stephen, Duct Tape Marketing Coach, news, social media
Posted on October 27th, 2009 | 3 Comments »

“I don’t get no respect!” That was Rodney Dangerfield’s catchphrase.

I say this is terribly true today in the universe of electronic communications where, I point out, it is we that don’t give any respect. In our typing and our composition we are lazy, slovenly, careless, thoughtless, nonchalant — in short, downright disrespectful — and we don’t seem give a whatever about it…until we get no respect ourselves. Then we’re upset.

• We misspell names of people and businesses.
• We incorrectly name businesses and organizations.
• We ignore capitalization of proper names and trademark names.
• We misquote people, using incorrect words.
• We type famous quotes, but attribute them to the wrong people.
• We don’t check our sources to see if they are real or a hoax.
• We post and publish incorrect links.

Yeah, yeah, so what? Who cares? You know, you know what I mean.

Businesses can’t be so cavalier. Their success depends on enforceable copyrights, brand name identification, proper use of product names, tag lines, quotes, successful SEO, correct URLs, etc.

To start with, misspelling someone’s name is just plain rude. Our names, our choice of spelling, our inclusion of middle names, initials, nicknames are an integral part of how we present ourselves to the world, and how we see, hold, and validate ourselves. When you misspell or incorrectly capitalize someone’s name you are directly insulting them. In my opinion they have every right to be angry.

A misspelling could mean a reader couldn’t find a volume, and an author doesn’t sell a book. A misspelling could mean an innocent person can be harassed for the financial dealings of some ne’er-do-well.

For bloggers and online authors, misspelling other peoples’ names can alienate those folks, and the important trackbacks, reciprocal links and mutual admiration referrals and recommendations may never materialize for you.

When someone reviews our Business Plan Pro product but calls it, say BizinessPro Writer, we lose customers. It can, and will happen to your product as well. When you refer to a product or company or website, check to be sure you are using the correct name.

Ignoring capitalization of letters in names can cause confusion, and possibly a loss of copyright protection. For instance, we all know that Twitter is the proper name of a social communication network, and twitter is a bird song. The soft drink is spelled Coke, but coke is a narcotic and a coal derivative used in making steel.

As another example, take jello. Jell-O [note the capitalization now, if you haven't before] is the protected trade-name, but it has become a generic word for any type of gelatin-based dessert. Go to the store and you’ll see Knox, Royal, a local private label maybe, but to the customer they are all jello and they don’t care which one they buy. You can be sure that Jell-O cares.

Adobe’s Photoshop is well on its way to becoming an eponymous term. Now anytime someone makes a casual remark about manipulating pictures, they say they photoshoped it, regardless of which digital image editing software program they actually used.

It costs businesses billions annually in marketing branding efforts to keep their brand names visible, unique, known and purchased. But lazy, thoughtless, careless typing works everyday to negate the value of your marketing efforts.

No end of trouble, misinterpretation, bad feelings, feuds, lawsuits, destroyed public images and reputations have come about because of misquoting. Something as small as a single letter or two (could, would, should) can change the entire meaning of your business’ publicly made statement of concern to one of callous indifference, and the survival of your company.

Many quotes from literature and famous people from years past have slipped into our vernacular. They are often misquoted and misattributed. Brush up your Shakespeare by Michael Macrone has an entire chapter on popular phrases which people think came from the Bard, but did not. “The long and the short of it” “Nor Hell a fury, like a woman scorn’d” “Fool’s Paradise” are just few.

This problem is certainly not limited to age-old authors. “Play it again, Sam” – was a line never spoken by Ingrid Bergman or Humphrey Bogart in Casablanca. “Houston, we have a problem.” This is a misstatement of the actual communication between the Apollo 13 astronauts and Mission Control in Houston. Your credibility suffers when you incorrectly quote, or assign the words to the wrong person.

Recently, the U.K. mainstream media was caught not checking their sources adequately. They printed quotes from an elegy for Michael Jackson, from a Twitter post ostensibly by Foreign Secretary, David Miliband. The tweet was actually by a Twitter impostor, a case of identity theft. A significant lapse in due diligence. It damaged the public position of the Foreign Secretary, and discredited the reputation and trustworthiness of those media.

Posting bad links is sloppy and unnecessary. At best, it irritates readers who get the 404 Errors, or end up on a page that has nothing to do with the original publishing. Worse, a bad link loses customers/visitors/business at the intended link. If the author gets affiliate or click-through revenue, publishing a link without checking its accuracy is like throwing money away.

It is time we electronic digital communicators put some polite respect back into our writings. Use spell checkers, proof read, double check and spell correctly the names of people, businesses and products. Don’t assume you’ve got it right. The power of the Internet is just a click away.

After all, if you expect to be respected, you have to show the same respect to others.

Steve Lange
Palo Alto Software

Tags: branding, business writing, capitalization, copyright, names, news, polite, proof read, quotes, respect, spelling
Posted on October 22nd, 2009 | No Comments »

Guest post today by Cidnee Stephen of  Strategies for Success.

I love to write – creatively as well as for business. So last year I decided to take a course at a nearby college to learn how to hone this skill. I learned a very valuable lesson that REALLY should be the GOLDEN RULE for your marketing.

It’s always better to SHOW your audience than TELL them.

Speaking is a great way to do this, especially for those of you in service based businesses. Here are just a few of the key advantages of integrating this into your marketing:

• You have the opportunity to educate your target market in your area of expertise
• By demonstrating your expertise, you increase trust and credibility with attendees
• The content you create can be used in multiple other ways – articles, audio CD, teleseminar, webinar, report or book.
• You get to hone your public speaking skills and may find that you can even get paid to speak!
• Most importantly, you have the opportunity to attract more prospects to you and your business

Okay, so you know that speaking is for you. You do after all possess some public speaking ability. Maybe you have even done some talks already. If this is the case and you are finding that you STILL are not getting the leads you think you should, it could be because one or more of the following areas are not aligned.

• You are not presenting your subject in an appealing way or with a catchy title – Create at least 3 various topics to present. This allows the organizer to choose the one that is most appropriate for them. Research various topics that other speakers in your area of expertise use to give you inspiration in catchy titles and content.
• You are not attracting the RIGHT type of speaking engagements – Look for speaking engagements that have your qualified prospects in the audience. Don’t be afraid to ask about the audience or expected numbers. There is nothing worse than doing hours of preparation only to find a handful of people in the room when you are expecting 50!
• You are giving too little or too much away in your talk – you should be looking to explain why your topic is important to the attendee and what the key areas are they need to address. You are giving away too much if you start explaining HOW they address each area.
• You have no mechanisms in place to capture leads AFTER your talk - This is probably one of the biggest mistakes many speakers make. If you walk away after a talk HOPING that people will contact you, you are losing valuable control in your marketing system. Think of ways that you can contact them. Perhaps you can offer to send them the PowerPoint slides for your presentation or a special Trial of your product or services. By having a lead capture system in place you will be able to measure your results and implement a strong follow up campaign to move prospects closer to a sale.

How do you know you have been successful? That depends on your goals. I am looking to speak at least 20 times per year to an average audience of 50+ solopreneurs and business owners (so let me know if you are aware of such opportunities). At each event, I am looking to capture information on over 80% of them, and to close a minimum of $5000 in sales through each one (not on the day, but through my follow up campaign).

What are your goals?

_________________
Cidnee Stephen is the owner of Strategies for Success – a marketing company that focuses on the needs of budget minded small businesses and professional services.  She has helped hundreds of small businesses get out of their peak and valley ruts to finally achieve that next vital level of success.  Cidnee is also a sought after speaker, writer and blogger on marketing topics that affect small businesses and B2B service based operations.

If you would like to build a system to reach those goals quicker, check out Cindee’s Speak for Leads & Expertise Program.

Tags: Cindee Stephen, Duct Tape Marketing Coach, Marketing, marketing leads, news
Posted on October 20th, 2009 | No Comments »

How much is your data worth? If you are a customer of T-Mobile using their Sidekick mobile device, all your personal data, pictures, contacts, emails, calendars, etc., which you had stored with them is worth one month’s service plan fees.

So, do you agree? Well, that’s what T-Mobile is offering users who lost all their data when the Microsoft/Danger network crashed earlier this month, without an adequate backup in place. Unrecoverable is the word they are using.

Now, here is the question every single one of you have to ask yourselves: “In case of a disaster/crash/hack, is my business’ data backed up and recoverable?”

Really now, think hard. If this can happen to mobile phone data, it can happen to your business’ vital records. If all your data…your accounting, your payroll, your invoicing, AR/AP, customer records, serial numbers, inventory, development plans, R&D reports, whatever, was lost, unrecoverable, would your business survive? And if it could survive, what would it cost you in money, time, cash, personnel resources, capital resources, lost customers, investment, fulfillment delays, dividends, tax inquiries, profits, and money to recreate those records, or blindly grope ahead without them? More or less than one month’s service fee do you suppose?

Those of us who started in computers with punch cards (”what are those?” some of you ask) and aged along with mainframes and Apple IIs, floppy disks and LANS have always been conscious of the need for data backup. Always, that is, since our first hard drive got reformatted at the repair shop who promised us we didn’t need to do a tape-drive backup.

The worlds of speculative fiction have, for years, been full of stories imagining and describing the dire consequences of data loss. It could be political opponents, war, criminals, business competitors, presonal enemies, preteen hackers, spies, hurricanes, earthquakes, solar flares, nuclear-powered satellites exploding, or even aliens that cause the data-loss crisis. Unlike books, TV and movies, though, the heroes (you and your business) won’t suddenly be saved by the deus ex machina in the last 3 minutes … unless, that is, you’ve already invested the resources of time and money into data backup.

Cloud computing, wireless access anywhere, online applications and remote-server-hosted data can certainly be a boon to business, but this foul-up clearly displays the hazards inherent in having your data stored elsewhere.

Understand this! Once you hand over your data to someone else, it is no longer exclusively yours.

There is no possible guarantee that your vital records won’t be, with evil intent, hacked, perused, copied and sold, simply stolen, corrupted or, by accident, just plain lost, deleted, or unrecoverable. Each technological generation becomes enamored of the possibilities and capabilities of the gizmos we invent. We can’t help it. It is, then, up to we geezers, ancients, oldsters and curmudgeons to holler:

“HEY! Pay attention! It is going to break! There are going to be screwups! Someone is going to mess with it! Watch out! Protect yourself now!” “We know this because it happened to us!”

So, if you’ve embraced the-sky-is-the-limit cloud computing, you owe it to your business and its survival to buy some information insurance, as it were, and back up all your data locally, and frequently. This doesn’t have to be on-site necessarily, but out of the clouds and firmly on the ground. Because, really, seriously, once your data is gone, the likelihood of successful disaster recovery is mighty slim. You are S-O-L.

Steve Lange
Senior Editor, and Oldster who’s lost data before
Palo Alto Software

Tags: cloud computing, data backup, data loss, disaster, news, recovery, unrecoverable
Posted on October 14th, 2009 | 3 Comments »

It’s always difficult to keep an upbeat view during hard times, and to remember that there are always opportunities for those who look close enough. Still, without those doggedly incurable optimists, we would still be plodding along without the benefits of some iconic inventions.

A list of Recession Inventions: Success Stories in Bad Times, was posted last Monday on mainstreet.com.

Chocolate Chip Cookies — 1930
Fortune magazine — 1930
Basketball — 1891
Miracle Whip — premiered nationally 1933
Monopoly board game — the early 1930s
Transparent adhesive tape — 1930
Coors Brewery — opened 1873
iPod — 2001
Ketchup — 1876
Compact fluorescent light bulbs — 1970s
Twinkies — 1930
Photocopiers — 1937
Diet Coke — 1982

The LA Times posted a similarly-themed list in their Some inventions born amid recession recently. So did ABC News Eureka! Recession Sparks Inventive Spirit while this BusinessWeek article, 20 Most Import Inventions of the Next 10 Years looks at Innovation from Recession.

So even in a bear market, grab the bull by the horns and pursue your dreams of innovation.

Steve Lange
Palo Alto Software

Tags: entrepreneurs, ideas, inventions, news, optimisim, recession
Posted on October 7th, 2009 | No Comments »

“The Big Idea is what makes you get up and reinitiate the process of building your dream whenever you hit an obstacle.”—Robert Tuchman

Technology, these days it is something we cannot live, breathe, or function without. Right now is the best time to be an entrepreneur and tackle your next big idea and dive in head first, to take advantage of starting your own business. Fifty-years ago your contacts remained in your regional and even local area. Today the vast number of people you can reach, communicate with, and do business with is global.

So what is “The Big Idea?” When we hear this we think, well it is something that doesn’t exist anymore, all the big ideas have already been created, and we are programmed to think that we have to work for the “Big Man,” instead of harnessing that idea ourselves. The problem is there actually is an absence of big ideas in an entrepreneur’s world. Even if you have all the access to all of the tools you could possibly need to launch, build, and grow your business, that business will not succeed if you see impossible-to-solve problems everywhere you look. Let’s take for example, Kevin Greaney, the CEO of Children’s Progress, a company that helps teachers and school administrators evaluate how kids are doing in the classroom. He harnessed his idea and believed in the opportunities of his company:

“We were already very interested in student assessment and student achievement. I had managed several small businesses in the educational field. My partner Eugene Galanter and I each had some strong opinions about the players who were already out there, these big for-profit publishers who controlled most of the market. They were doing their version of assessment: these big standardized, bring-a-number-two-pencil, fill-in-the-bubble tests.  We knew that those kinds of tests had been developed in 1906, and they really hadn’t changed since then. We felt very strongly that those tests were just boring, that they didn’t really tap into the mind of a child being tested, and that they didn’t really tell the instructor much. We felt we could build a better tool because we were using principles that weren’t, you know, a century old. So we were pretty excited about student achievement, even before we formally started the business.”

Kevin Greaney’s Big Idea had to do with harnessing technology and using it to improve student achievement. My Big Idea mixed top businesses with top-tier sports and helping those companies enjoy the sporting events that I enjoy so much as well. The most important thing to remember about your Big Idea is to love it, in a way you want to be married to it. If you wake up every morning and the first thing you think about is music, check out the latest on new business ideas that connect with music. Research it, harness it, and make it your own. Always remember to add your niche to any idea that you have, stand out and be different. Love something and it will not fail, do not look at a closed door but rather finding a way to always keep it open, and the world is your oyster.

_________________________________

When Robert Tuchman started his first business, Tuchman Sports Enterprises (TSE), he did so with no money and no investors and ended up on the Inc. 500 list of America’s fastest growing privately held companies.

Now President of Premiere Global Sports, Robert continues to guide his company as well as writing the series “The Show Must Go On” for ESPN.com,  a monthly column for Entrepreneur.com called “Young, Fearless, and Fed Up” as well as a column called “On-Site” for Incentive Magazine, an industry trade publication for incentive and meeting planners. He is the author of The 100 Sporting Events You Must See Live, a sports travel book as well as Young Guns, The Fearless Entrepreneurs Guide To Chasing Your Dreams and Breaking Out on Your Own.

www.youngbusinessexecutives.com

Tags: entrepreneurship, guest author, news
Posted on October 6th, 2009 | 3 Comments »

During his second year of law school, Philip Amoa began the process of searching for internships. He found the research stressful — he had to locate law firms in specific geographic markets, personalize application documents, and meet important application deadlines, all while trying to prepare for classes the next day. A joking suggestion from a friend to hire a personal assistant planted the seed in his mind to create some way to make the process easier, and a short time later, Amoa launched LegalSummer.com.

Legal Summer combines the use of proprietary technology and an extensive database of law firms to provide the services of a personal assistant to law students who are looking to further their careers, but who have limited time to devote to the search. It helps law students identify possible job/internship opportunities based on location, and gives students the ability to email their customized cover letters and resumes with a single mouse click.

When opportunity knocks

Amoa considers himself a “situational entrepreneur,” and says, “When I started law school and began applying for internships, I realized the process was time-consuming and that was the point I started to think of ways to make the process easier. Time and chance happen to us all, and once the opportunity came knocking to start my own business, I had to seize the day by following my passion.”

He admits that starting a business while attending classes at the University of Illinois College of Law was not easy. But, he says “I was able to overcome the challenge with the help of Business Plan Pro. I had this ‘aha!’ moment and I wanted to bring my idea to reality. Business Plan Pro definitely helped me organize my thoughts into a well-written plan which continues to serve me to this day.”

The business got off the ground without a business plan in place, but it wasn’t long before he saw the need for one. “I decided to just plan as I went along but soon realized that a business plan was essential to the success of my business,” said Amoa. “I had a lot of ideas and was full of passion, and the plan actually helped me to keep a steady pace instead of the ‘trying to see what works’ approach.”

Fortunately he was no stranger to business plans. As an undergraduate Business Administration major, Philip had learned all about the plan-writing process. “But the main difference in using Business Plan Pro was that Business Plan Pro had some really helpful formats and tools. The software prompted me to consider things I hadn’t thought about. It was also easy to arrange my ideas in a coherent fashion.”

Extending its reach

LegalSummer.com is continuing to grow. Currently they have started expanding to law schools across the country, giving law students “a fast, effective means of researching and applying for internships/jobs. We have an application tool that saves them a lot of time and we will try to reach as many students as possible.”

For Amoa, who worked for a large corporation prior to starting law school and then becoming an entrepreneur, there is a great deal of satisfaction that comes with owning his own business. “The most exciting part about being an entrepreneur is taking an intangible idea or thought and nurturing it until it becomes a reality. I enjoy the art of putting together a team of skilled people and convincing them that they can bring this intangible idea to life.”

When he graduates from law school later this year, Amoa will have quite a choice of careers to pursue. And future lawyers will have him to thank for making their career stepping stones a little easier to navigate.

Tags: news, Small Business, startups, Success, testimonial
Posted on October 1st, 2009 | 3 Comments »