Britain’s youngest CEO Jenk Oz: What to do in the first 30 days of your business
Writing for Business Advice, Jenk Oz, founder of iCoolKid and the country’s youngest CEO, helps wannabe entrepreneurs get their own ideas off the ground with a guide to the first 30 days of starting a business.
Setting up a business is a huge challenge, so it’s important to have a focussed mind and be prepared for every single hurdle.
When we set up iCoolKid, I had a clear picture in my head of what I wanted the business to be, however getting into the “nitty gritty” of setting everything up was still pretty overwhelming.
To avoid losing focus during this crucial time, I decided to centre my attention on a few key aspects of the business first of all and tried not to get bogged down in anything else.
The first 30 days saw me thinking about the critical steps I had to take to get the business off the ground, and I highly recommend this approach to any other young entrepreneurs who are starting out on their own business adventure too.
Below, I have shared a list of my five top tips for how to navigate the first 30 days when setting up a business, to help all those who want to get ahead in the business game.?
Create a story board for your idea
You might think this sounds basic, but getting your ideas on a piece of paper will give you the opportunity to really see what your business will look like. You won’t believe how much clarity you can get from a simple word cloud.
For the first 30 days, you should add to this board daily with new thoughts and inspirations. This is the best way to get a clear picture of what your business will be about, and what the foundations are which you can then build on. Make sure your thoughts are always positive and allow yourself to get creative.
This is something I have learnt from my mum who is also the CFO of iCoolKid. Mum has taught me to view every person that I know whether it’s family members or friends as a potential business connection who can help me on my entrepreneurial journey. E.g. that one gadget-savvy uncle, who knows the ins and outs of the tech industry.
The idea is to pick say, four to five people, all different ages and from different backgrounds and use them as sounding boards to help inform and shape ideas. I have found my own board of directors? to be an invaluable source of advice.