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  1. Identify a business idea: Start by researching and identifying a business idea that you are passionate about and have the skills and knowledge to execute.
  2. Conduct market research: Research the market to determine the potential demand for your product or service, as well as your competitors and their strengths and weaknesses.
  3. Create a business plan: Develop a comprehensive business plan that includes information on your target market, marketing and sales strategy, financial projections, and operational plans.
  4. Raise capital: Determine how much capital you will need to start and grow your business and explore different funding options such as personal savings, loans, or investors.
  5. Register your business: Register your business with the appropriate government agencies and obtain any necessary licenses and permits.
  6. Set up your business infrastructure: Set up your business infrastructure, including setting up a business location, purchasing equipment and supplies, and setting up a website and other online presence.
  7. Launch and market your business: Launch your business and market it to your target audience through various channels such as social media, email marketing, and advertising.
  8. Monitor progress and adjust as needed: Continuously monitor the progress of your business and adjust your strategy as needed to ensure success.
  9. Keep accurate books: Keep accurate books and records of all financial transactions and expenses, which will be required when tax time comes around.
  10. Be prepared to work hard: Starting a one-man business requires a lot of hard work, dedication and perseverance, so be prepared to put in the effort to make it successful.

Written by Cassandra Colvin at GWOP Univeristy Art Dept.

WordPress is 10 years old today. Here is how wordpress is used around the world.

WordPress, the blogging and content management system, is 10-years old today. The platform has evolved in the past decade from being a basic blogging service to a news and media platform for major brand names and businesses around the world.

Started by Matt Mullenweg and Mike Little, WordPress is an open source service where anyone can make modifications to the code to improve their blog and make it something that works for them.

Bloggers who use WordPress are able to apply design themes to their sites while also integrating third-party plugins easily. Since it’s open source software, there isn’t a need for an approval process before someone can implement a new feature.  GWOP Magazine, CNN, TechCrunch, Mashable, Dow Jones, UPS, TED, BOSSIP, RAPRADAR all use a wordpress platform to get the message across for their business.

“Thanks Matt and Mike for creating wordpress.  Without you there would be no GWOP Magazine”

-GWOP Staff

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A group of local investors agreed on Monday to buy Philadelphia Media Network Inc., the parent company of The Inquirer, Philadelphia Daily News, and Philly.com, for $55 million with an additional $10 million in working capital for operations. The deal represents the fourth ownership change for the media properties in less than six years.

Led by businessman Lewis Katz, 70, and insurance executive and Democratic leader George E. Norcross III, 56, the group has agreed to buy PMN from a collection of hedge funds and other financial firms that have owned the daily newspapers and their related website since they emerged from bankruptcy in October 2010.
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GWOP Magazine staff has released our list of #GWOP top African American Female Entrepreneurs.  These black women work in various industries from media to politics. These women all have excellent leadership qualities management skills and innovative ideas that lead to their success.  Checkout the full list after the jump.

Beyonce & Oprah

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