Evaluate Skills Before Starting Business

If you don’t know where you are, you can’t know where to go.

One of the most difficult tasks that beginning entrepreneurs have is to make a realistic evaluation of their own abilities. Lesson 4 of my LearnDesk series covers a series of points from personal appearance to communication skills. No one likely has all the skills to run a successful business. The objective of this lesson is to have viewers systematically evaluate different aspects of the business world to determine which aspects they need to improve, and which are best farmed out to others.

Often the person who starts a business has a creative idea. This idea goes through a developmental stage to production and finally to market. It makes no difference if the idea is a manufactured product, a piece of art, a service, or an intellectual product. Of necessity this often starts as a one-person show. Very soon the person who sparked the idea will discover he needs help to file a patent, get a proofreader, or in finding someone to make a prototype. By identifying personal strengths and weaknesses the company can be designed so that the person who started the company can be put to best use and not bogged down with the details of accounting, shipping products, etc.

By doing an honest self-evaluation, entrepreneurs can undergo self-training to overcome their own deficiencies or search for temporary collaborators who may come from educational institutions or chance encounters.

This free 45-minute video is available on YouTube at the Hovey Smith Channel. The twelve LearnDesk lessons may be subscribed to at a cost of $200. The lessons will be held twice a week and likely start in January, 2023. Class size is limited to 10 because each person at the end of the course will present a business plan which will be evaluated by the instructor.

To receive information on how to sign up for the course reply to the YouTube video.