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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 04-10-2007, 11:41 PM   #1 (permalink)
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*update On My Business*

ok, so I posted a thread about How I was going to start a Tele Fundraising company-check the thread out so you know what I am talking about.
Everyone, check this business idea out.

OK so, I used to work for kirby and was their best salesman, and the owner(who was shady) skimmed me and I quit, I think I am goign to meet hom tomorrow and Discuss the use of His facilities.

He has a telemarketing room that he uses to set appointments to get in and demo the kirby.

I am going to tell him that I will give him 20% of profit, just for letting us use his computers and phones, and I will get all the stuff I need to do it legally. He likes money just as much as me, Ill tell him Ill come back and run a team in the summer and sell some kirbys. I also have a friend who I recently met that worked for the business that gave me the idea and we are going to go in together, and this way 2 minds are better than 1 and we can get it done.


What you guys think?

I am going to keep the updates comming.
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Old 04-11-2007, 02:56 AM   #2 (permalink)
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do you have any personal experience with telemarketing? Do you have people that will be working for you that have telemarketing experience? Thats a tough job, selling vacuums door to door is a cake walk compared this. Do you honestly know what you are getting yourself into?

What about lists? Lists of people you are going to call. Do you have a source already? Is it quality? Thats going to be one of the most important things for your business.

Have you put together a flow chart of the business processes yet?
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Old 04-11-2007, 06:34 AM   #3 (permalink)
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Where do you plan to get your leads?
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Old 04-11-2007, 09:10 AM   #4 (permalink)
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well 1st of all I love sales, and trust me telemarketing is ALOT easier than direct sales with vacuums.


And ya I have 2 yrs experience.
Also fundraising is exempt from the do not call list.

And no flow chart yet.
I am going to get 4-6 people I know with tele marketing experience.
the 1st week we will work on a VERY high rate of commission until the weeks after where I will switch to hourly and drop the commission rate.

If if I see any profits for me I will expand the business into my own office and get an automatic dialer, etc. This is just to bootleg it, because I have nothing to barter with the banks with to get any kind of loan.

Besides it will be fun.
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Old 04-11-2007, 09:11 AM   #5 (permalink)
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in tele fundraising you can talk to 10 people in 10 mins, and 1 could be a potential sale. With kirby you could be beating a dead horse, or it could be a bomb deal and you just wasted 2 hours of your life.
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Old 04-11-2007, 12:32 PM   #6 (permalink)
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if he is shady...and cheated you once...why on EARTH would you even CONSIDER working with him EVER AGAIN?

old saying:

Quote:
fool me once...shame on you

fool me twice...shame on ME!
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Old 04-11-2007, 04:19 PM   #7 (permalink)
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Quote:
Originally Posted by WhoYoDaddy View Post
if he is shady...and cheated you once...why on EARTH would you even CONSIDER working with him EVER AGAIN?
I couldn't agree more. Don't give the man a dime if he cheated you out of yours in the past. It may not look the most professional but it may be better to start this off in your garage or basement as compared to a rented space - plenty of fortune 100 companies started this way.
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Old 04-11-2007, 04:47 PM   #8 (permalink)
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Good luck!
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Old 04-11-2007, 04:54 PM   #9 (permalink)
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Justyn, what the eff is a kirby? Sorry if this is a dumb question.
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Old 04-11-2007, 05:01 PM   #10 (permalink)
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It's a brand of a vacuum.

Kirby Vacuums
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Old 04-11-2007, 05:38 PM   #11 (permalink)
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Quote:
Originally Posted by Cameron View Post
Justyn, what the eff is a kirby? Sorry if this is a dumb question.
Good, so I'm not stupid! (...and not the only one wondering what that is! )
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