All posts by Dan Boudreau

Dan Boudreau has devoted the last 20 years to coaching and mentoring regular folks into the captivating world of business. He authors and facilitates lively, transformative workshops on the topics of entrepreneurship, business planning, and training for trainers. He has inspired thousands of entrepreneurs to become successful business owners and leaders. Launching into his first venture in 1980 with barely enough knowledge to fill the back of a beer cap, he has embraced (and survived) the wide spectrum of business ownership, from single owner home-based enterprises to ventures employing more than 300 workers. Dan's top mission essentials are: laughing, loving, and learning. Armed with the business planning process as a teaching tool, Dan empowers ordinary women and men to create the financial stability and lifestyle they dream of. He is most proud of being acknowledged and appreciated by peers and friends for his ability to bring entrepreneurial ideas to fruition with a nod towards his warm, engaging personable style. In 2006, Dan compiled his knowledge (and bruises) into his first book, Business Plan or BUST! In writing this book, he combined his practical experience as a business owner with his expertise as a lender for an economic development agency, and tossed in his unique brand of wit. The end result: A refreshing perspective and practical style that makes the time-worn topic of business planning easy, fast and fun! When Dan takes those occasional days off from navigating the business world you might find him stuffed into a floating toothpaste tube sometimes referred to as a kayak (rarely right side up), or perhaps coaxing disturbing sounds from his guitar. His ultimate relaxation always involves fresh air, clean water and beaches—from botched attempts to outsmart fish in the rivers of northern British Columbia to flopping around in the waves or practicing applied inertia on just about any tropical sandy beach…

Small Business Lessons from a Writer’s Conference

In June, my wife and I attended the Summer in Words Conference in Cannon Beach, Oregon. The conference was hosted by Jessica Page Morrell, author, writing coach, and freelance editor. After reading a couple of Jessica’s books, Thanks, But This Isn’t For Us and Bullies, Bastards and Bitches, we hungered to draw more from Jessica’s well of editorial wisdom.

To me, writing is both a passion and my business. Jessica’s conference attracted successful and aspiring writers from Canada and the US, and was a feast of insights for artists and entrepreneurs.

Whether you’re writing a book or running a business, there’s never a shortage of naysayers. Jessica’s selection of speakers served up a smattering of realism balanced by a healthy dosage of encouragement. As I enjoyed the teachings for writers, my mind repurposed them to my business. Here are a few of the takeaways that I found to be helpful to my writing and my business.

  1. Experienced authors told us that they do a lot of research, but ignore most of it and use only the most relevant findings. Researching a business idea entails a lot of searching, massive reading, and then sifting to separate the best from the rest.
  2. Promotion of a book begins at least six months prior to its release or launch date. Promotion of a small business begins well before opening day.
  3. You save money by defining your niche clearly. A lot of money is wasted by attempting to market to a poorly-described audience. In business, it’s more efficient to target your advertising and marketing on a smaller, clearly identified customer.
  4. Write the book you want to read. Create the business you want to buy from.
  5. A book is an investment, not a hobby. A business is an investment, not a hobby.
  6. You are the boss; be in control. Whether writing or managing your small business, you must learn to work at your craft or career, even when you don’t want to.
  7. Much of a writer’s work is a lone journey, just as a lot of the fundamental work of building a small business is done solo.
  8. Let others critique your work, and then decide whether to use the input. Use feedback from unsophisticated sources judiciously. Give more importance to feedback from professionals.
  9. Once you’ve begun, there’s a tendency to get mired in the technical and mechanical aspects of writing. This is also true in business. Most writings and business ideas begin with a gust of intuition. Perhaps the most important advice I heard was “don’t lose the gut feeling that spawned the writing.”
  10. If you have a dream, don’t give up on it. If you give up on a book, it never gets written and your dream dies. Only if you write the book does your dream have a chance of coming to fruition. Similarly, giving up on a business idea is a sure way to killing it. Keep writing and keep working toward achieving your dreams.

Jessica Page Morrell’s books are rich resources for authors and the Summer in Words Conference was time well invested. We’re already plotting to attend next year. You can learn more about Jessica at her blogs, http://thewritinglifetoo.blogspot.ca/ and http://jessicamorrell.com/

If you’re an author who would like to grow your writing business, join us for the Business Planning Online Workshop Sept 24.

To Business Plan or Not: Is That Really the Question?

After coaching many people through the eye of the business planning needle, I’m intrigued and bewildered by the gap between “what business planning is” and “what people seem to think it is.” Time and again I see intelligent people going to great lengths to avoid business planning when it’s exactly what they need to navigate the complexities of start-up.

Whether they admit it or not, those who succeed in business do some sort of planning – or hire someone to do it for them. The pieces of a successful business don’t fall into place perfectly by themselves without some kind of high-level roadmap to get them flying in formation. The elements of success come together because someone—usually the business owner—plans, agonizes, organizes, pampers, and weaves the threads together to achieve the desired positive result.

So, what is this aggravation called business planning? Continue reading To Business Plan or Not: Is That Really the Question?

Join us for the Business Planning Online Workshop

Access Powerful “Hands-on” Training, Research Your Business Idea and Write Your Business Plan!

Join the RiskBuster Team for the Business Planning Online Workshop. Master business planning and market research skills and techniques so you can confidently start or grow your business! Use your business planning skills to develop a business plan you can use to start a business, grow an existing business, attract investors or leverage funding. You will learn how to research competitors, complete market research, develop the basis of a marketing plan and create one or more 3-year financial projections.

You’ve heard it said that four out of five new businesses fail in their infancy. That’s a scary statement. We think it’s misleading. We think it should go like this – four out of five businesses that fail to plan fail.

The top value of the Business Planning 2012 Online Workshop is that you become the expert for your business by building your own business plan. Working your way through a business plan gets you grounded in your business and takes you to opening day with confidence. The business plan removes much of the guesswork, freeing up your energy to focus on serving customers and making money.

In 30 years of owning businesses and coaching others to start businesses, I have learned that there are five essential keys launching any business: Continue reading Join us for the Business Planning Online Workshop

A Self Employment Checklist

Entrepreneurship has always been a key driver for job creation in our marketplace, and small businesses will continue to generate the lion’s share of new jobs in the future.

When it comes to job creation, there’s no playground quite as exciting or readily available for new entrants than the world of self-employment. While stepping into business is not for the weak or weary, it holds great promise for anyone with skills to market and a modicum of get-up-and-go.

Here are a few questions to ask yourself as you consider joining the ranks of the self-employed. Continue reading A Self Employment Checklist