Ask The Fedora Posts
This week on Ask the Fedora: Tips For Starting A Business On A Limited Budget.
Congratulations! You’re thinking of starting a business and want to be an entrepreneur? That’s great! There’s no better time to start! If you’re about to start a business and don’t have any money don’t panic. One good opportunity that many entrepreneurs start with is by speaking to their family who may be able to help out. Start looking at your actual costs. If you have to pay rent, mortgage or gas, see where you may be able to cut-back because starting a business for many is not cheap. While you might not necessarily need to incorporate right away or start spending tens of thousands of dollars on advertising, you will need business cards, a website, a good graphic designer a videographer and other essential details. There are, however, lots of options out there. Perhaps you might be able to get a loan or grant to help you start. Most regions have such opportunities available but it’s a matter of finding out what they are and the application/competitive process involved. There must be programs around your region that you can tap-into. Ottawa, for example, has Invest Ottawa, L-Spark, the Ontario Self Employment Benefits Program and others. See what’s available in your town to help people promote and start a business. You may be surprised to find that there could be funding applicable to you! Get out there and start connecting with people and ask them if they know of any such programs that can help you start a business.
Do you have a networking question you’d like to ask? Email info (at) esax.ca or tweet your question using #eSAX!
This week our #AskTheFedora video looks at How To Interpret Body Language at Entrepreneur Networking Events!
Of all the networking events I’ve been to, the one thing I’ve really come across is that picking up on body language is so important as a networking skill. Next time you’re at an event, look at the person, look at the way their standing, their tone of voice, if they are looking over your shoulder to see if there is anyone else in the room to connect to. What I’m paying attention to at a networking event is the non-verbal body language. Then you can adjust the way you talk to that person. If they are very shy, you don’t want to be in their face, you want to stand off to the side a little bit. Because eSAX Makes Networking Work!
Don’t forget to register for the next eSAX Ottawa Networking event!
Today our #AskTheFedora explains how to follow-up with people after a networking event!
After a networking event you walk out with 30 business cards…what do you do with them? I realized three or four years ago when I was starting out that it was starting to become a really big pile. I kept going through my rolodex or plastic pages and quickly realized this wasn’t sustainable so I decided to put everyone I met on a database. What I do with a business is to see if I’ve me them before. If yes I update their record, if not, I create a new entry. What I do is send them a customized e-mail. “It was really nice to meet you at (insert name of event)” and then anything particular about that person…if they play music, or if they have a hat or something so that I can relate to them to develop that relationship with them. Then, I invite them to connect on LinkedIn. “Dear so-and-so, it was nice meeting you at the event would you like to connect on LinkedIn”? It’s important to keep in touch with them and continue developing these relationship so that next time you see them at a networking event it’s easier for them to make a better connection with you.