How to Find the Right Dividend Growth Stock
How to Find the Right Dividend Growth Stock
How many great ideas for a startup do you know of that never really got off the ground? Startup companies are a dime a dozen and the majority never become successful. Even some of the best ideas and coolest technologies fail to reach their full potential. These days it takes more than just a great technology to achieve brand success. Startup companies must offer a compelling reason for people to embrace their products or services. Thus, even the best technology won’t be successful if the company behind it can’t create the buzz necessary for people to adopt it.
Solve a Problem or Start a Cause
Therefore, in order to become successful, you’re startup needs to create a movement. The best startups are companies that offer solutions to fix real problems. Likewise, a startup that is built around a cause is also more likely to succeed. You need to start with simplicity by keeping your products and/or services as simple as possible. Additionally, if you’re focused on solving a problem make your resolution as simple as possible. By keeping things as streamlined and focused as you can, customers will find it easier to adopt your technology.
Who’s Your Audience?
It’s also just as important to know your audience. You must not only identify whom you are trying to reach, but you also need to truly know them. That means you understand their tendencies, how they think, what drives them and what kinds of things are they pursuing. If you want to reach them at an in-depth level then you have to understand them. When you understand your audience and how to solve their problems or help their cause then you can create products or services that they desire and deem necessary.
Create Your Own Movement
If you have clearly defined your value proposition your customer base will start to develop even before they have had a chance to try your product or service. In most cases, companies attempt to reach this stage with advertising and marketing aimed at getting people’s attention. However, if you want to create a real movement that can catch on and push your startup over the top, you have to think outside of your consumer base. You need to consider all possible users in your entire network and how your product could help them. Next, focus your movement efforts on those segments, as well, until they understand how your product or service can help them.
Simplicity and Disruption
Countless startups have tried and failed. Even some of the best ideas have ended up on the scrap heap because a company couldn’t start a movement. It’s vital to keep things simple, know your audience and create your own movement. If you really want to disrupt an industry, or create a new one, then you have to immerse every possible stakeholder in your potential audience into your story. That’s how a movement begins.
We hope you found this article about “How to Find the Right Dividend Growth Stock” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
What Are the Wealthy Really Worried About?
At GROCO we work very closely with some of the most highly successful people in the world and because of that we know what makes these types of individuals tick. We understand how they think and how they operate and we offer top notch business consulting to help them be successful. We also know what…
Does it Really Pay to Win the Lottery?
Everyone dreams of winning the lottery. The thought of taking home hundreds of millions of dollars is enough to get even the laziest people off the couch and into their local quick-e-mart to purchase some tickets. The country has been abuzz during the last several days over the huge Powerball jackpot that ultimately reached $1.6…
What Tax Changes Can You Expect Next Year?
With the New Year almost here that means several new tax changes are on the horizon. These changes are for 2016 and do not apply to the taxes you will be working on in the next few months before April’s deadline. However, it’s a good idea to know what to expect as the new tax…
Try These Tax Ideas for Your Business Before the Year Ends
Are you a business owner? Then chances are you’re already busy getting ready for your taxes. Personal taxes can be a pain for many people, but business taxes can be even more complicated. This is a very important time of year for just about every business because making the right moves now can help save…