10 Step Program
Session Menu

1. Self-Assessment
2. Business Idea
3. Market Analysis
4. Management Skills
5. Business Planning
6. Forecasting
7. Financing
8. Support Help
9. Venture Launch
10. Monitor Progress
Graduation!

10 Step Venture eMentoring Program™

Session 4: Management Skills

Do I have the business skills I need to succeed?

Certain skills and experience are critical to the success of any business. Other skills are essential to the particular business that you may be interested in starting. The way to get started here is to first perform an inventory of the skills and experiences you already have. You can then compare these against the skills and experiences you will need in order to succeed. The gaps that may exist between what skills you have and what skills you need, will show you where you may need to get more training or gain more experience. If you want to start a restaurant, and do not have any experience in the restaurant business, it makes sense to work in a restaurant similar to the one you are interested in and learn what you need to know that way – without risking your own new venture by trial and error learning in your own business.

In this session, you will now determine whether you have the skills needed to be successful in your own venture. First we provide an article to read to give you some context and background. This is followed by a worksheet to help you identify your own skills and skill gaps. If you do not have all the skills you require, there are many places where you can receive instruction and help in developing more general business management and technical skills. Determine what training or experience you need, and then find a resource that will meet these needs conveniently and affordably. Resources are listed where you can find needed instruction. Sometimes it is easy to get lost in the jargon. It is no different with these business topics. A glossary of terms is provided to help you to better understand the issues.