Ronnee Strickland Shares 5 Business Tips for New Entrepreneurs
                     RONNEE STRICKLAND
SHARES 5 BUSINESS TIPS 
FOR  NEW ENTREPRENEURS
Abou
tRonnee Strickland
Ronnee Strickland is a self-made  
businesswoman who has successfully 
run her  own business, employing up to 
17 employees  during her many years 
serving the legal  community. She has 
also managed to devote  1000s of hours 
of community service for  those less 
fortunate. Her educational  background 
is in law and sciences.
1.CHOOSE 
THE  RIGHT 
NICHE
To be profitable in business, create a value 
 proposition that customers are likely to  
buy. If your niche is too broad, you might 
 struggle to know the right target 
audience.  If it is too specific, you end up 
with a narrow  set of audiences. Your 
niche must be large  enough that you can 
be profitable selling  your products and 
services.
2.SOLVE A BURNING 
 PROBLEM
Each business starts by 
identifying a  pain point and 
providing the  solution to 
solve the pain point. By  
knowing what problem you’re  
solving, you can use that in 
your  marketing 
communication to help  people 
understand how it helps  them 
best.
3.BE 
BFe cRonscUious tGhat yAou’reL a start-up. Resist  the temptation to splurge on an 
expensive  office, equipment and over-
the-top  marketing. Your company’s 
subsistence  depends on how you 
manage your cash  flow effectively. Have 
a plan to meet the  short-term and long
-term requirements of  the company.
4.BUILD A
RELIABLE TEAM
It is the team that contributes to 
the  success of a company. It is 
vital to have  a core team that 
resonates with your  value 
system and fits the culture.
Secondly, though it can be hard 
to let  go, learning how to 
delegate tasks is  essential. 
Finally, don’t expect people  to 
be as skilled or eff icient as you 
are. .
5.BUILD 
A  
NBuildinEg aT netwWork is eOssentRial to 
the  success of your business. 
NKetworking  events provide 
business owners not  only a room 
full of potential clients  but also 
potential collaborators. Every  time 
you meet a new business owner,  
think it is an opportunity to refine  
your elevator pitch or sales pitch.
THANKS
FOR 
WATCHING