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Luxury Cosmetics (Professional Goals (Future Professional Goals (Depending…
Luxury Cosmetics
Vision Statement
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How will creating a business help you achieve your personal, professional, and financial goals?
Creating a business will help with my personal goals because I will be as one would say "the man in charge" which is my dream. It would help with my professional goals because I would learn more, and continue to find out who I am as a person. Lastly, it would help with my financial goals because who doesn't want to make a lot of money.
Professional Goals
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Lifestyle Business
I plan on operating this business for as long as I can. I will eventually venture off into something new, however, I want this one to last. Therefore, I prefer a lifestyle business.
Job Security
I am willing to work for someone first to get myself going, and once I am making enough money to live off of, then I will work for myself.
Future Personal Income
I know a few things I will need to start off, but I do need some guidance. I am hoping my business will take off so it can provide for my long term financial needs.
Expertise, skills, and preferences
Overall, I would like to do most of the work myself. However, eventually I would need help with marketing my product, packaging/shipping, advertising, etc.
Investment
I would have to work for someone else to save and invest money back into my business idea in order for it to take off. It would help to have a large sum of money before hand.
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Social Interaction
I would like to have frequent contact with colleagues and peers. I believe that communication is everything, especially in a business.
Assessing Ideas
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Personal Growth
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Taking a risk and growing from it, whether I succeed or not, I am still benefiting from the growth/knowledge
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Personal Goals
Travel
Yes, I do want to travel. I would rather work on the road than in one place.
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Location
Ideally, I would like to live and work in Los Angeles, California. I do believe that my business idea will allow me to be flexible with that location.
Family Involvement
Considering the business will be mine, I am willing to let my family be involved if they chose to do so. I do believe that my family will be supportive and help me out in any way they can.
Flexibility
I am willing to work all day Monday through Friday. I can also work on weekends as well if it is necessary.
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Good Idea?
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Things to do
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Talk to people
I need to make sure I talk to famous beauty gurus, and people in the beauty industry to get a feel for my business and know what is expected of me.
Avoid Obsolescence
Research trends in this industry to see if its constantly rising, or declining
Talking About Your Ideas
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Who will buy it?
My market is for everyone, because we support confidence and unique lifestyles.
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Elevator Pitch
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The You Factor
I am passionate about this industry, and I am excited to get myself out there.
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