Do You Have These 5 Essential Business Skills?

Do you have a dream for your business but don't know how to make it happen? Building a sustainable business model for your projects, especially creative projects, can be a daunting task for any small business owner. The good news is that the business skills you need to realize a creative project can be learned, and you do not have to learn them in isolation. There are mentors and seminars available to help you get on track and stay there. Momenta Workshops is one of these resources.

01
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Be Prepared to Accomplish Your Dream Projects

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Tetra Images - Brand X Pictures - Getty Images 175177289

Perhaps the easiest and most entertaining part of any project is coming up with the original idea, dreaming the dream. While any business owner can have good ideas, those who follow through on them are few and far between. The reason for this: dream projects do not begin and end with a good idea. These ideas require development, planning, and goal-setting.


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02
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Start Strategic Planning Immediately

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Vincent Hazat - PhotoAlto Agency RF Collections - Getty Images pha202000005

All of your hard work conceptualizing a project has given you a destination. First, you will need a road map to arrive there. This road map will help you develop milestones for yourself and your project. Start planning early to ensure you can feasibly pull off this project with reasonable goals and deadlines. Without it you could get lost, or worse, run out of gas.


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03
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Define Your Stakeholders

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kali9 - E Plus - Getty Images 170469257

As you continue to hash out what it will take to produce your dream project, you will discover you cannot be the only stakeholder. Others will also need to invest in the success of your idea. In business, as in creative professions, those invested will hold you accountable, give you support, and inevitably help propel you to a successful outcome.

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04
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Understand the Importance of Words

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kristian sekulic - E Plus - Getty Images 170036844

At first, your dream project is just that: a dream. Just because you believe deeply a certain issue or story deserves exposure, that does not necessarily mean others will get behind it. You need to learn how to speak about your work coherently, communicate your passion, and convey your ideas concisely. If you are seeking outside support, you must be able to captivate stakeholders, donors, or grant committees to push your project forward. If not, they will merely move on to the next, more enticing and better-written proposal. So work on that elevator pitch and get ready to sell your project!

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05
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Deliver on What You Promise

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Westend61 - Getty Images 515028219

Stakeholders, investors, and donors do not take well to being promised something you do not or cannot deliver. Failure to deliver compromises your future chances of working together, and you can inevitably begin to build a reputation for being untrustworthy or dishonest. An adage says, "You should not bite off more than you can chew." This holds true for project and expectations management. Remember, small steps make a big impression, and stakeholders will be more likely to work with you again if you make good on your promises the first time around. 

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In 2015, Momenta Workshops will host The Business of Nonprofit Photography workshops series as part of our Project Series: Working with Nonprofits line up. These one-day intensive workshops, held in San Francisco, Los Angeles, and Washington DC, aim to teach photographers how to create, sustain, and grow a sustainable business model as they venture into the nonprofit marketplace. To learn more about our business skills boot camps, one-day seminars, or any of our other products, please visit momentaworkshops.com.

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Workshops, Manuela Marin Salcedo of Momenta. "Do You Have These 5 Essential Business Skills?" ThoughtCo, Feb. 4, 2017, thoughtco.com/essential-business-skills-31359. Workshops, Manuela Marin Salcedo of Momenta. (2017, February 4). Do You Have These 5 Essential Business Skills? Retrieved from https://www.thoughtco.com/essential-business-skills-31359 Workshops, Manuela Marin Salcedo of Momenta. "Do You Have These 5 Essential Business Skills?" ThoughtCo. https://www.thoughtco.com/essential-business-skills-31359 (accessed September 21, 2017).