Ever Think of Starting a Business? An Interview with Vantage Point MBA’s Co-Founder
If you’ve ever thought about starting a business (maybe that is even why you are applying to business school!) or simply enjoy reading about people who’ve taken that leap, we’d love for you to check out Vantage Point MBA Co-Founder Melody Jones’s recent interview with digital magazine, GoSolo.
As she shares, Melody and her Co-Founder (and best friend!), Meredith Shields, turned their passion for coaching aspiring MBAs into a thriving team of consultants that help over one hundred applicants gain admission to top MBA programs each year. She also shares the biggest challenge she’s faced on her entrepreneurial journey, why she is so passionate about MBA admissions consulting, and her top three tips for those thinking of starting a business of their own, excerpted here:
“GoSolo: What are the top tips you’d give to anyone looking to start, run and grow a business today?
Melody: I love this question! Sharing my experience and lessons learned brings me so much joy.
#1 – Just do it! If I had waited for everything to be just right, for all my questions to be answered, to know exactly what challenges I would face and how I would tackle them BEFORE I started my business, I’m pretty sure I’d still be waiting. While I never encourage carelessness, don’t let perfection get in the way of progress. Sometimes, you just have to take a leap of faith and trust yourself that you’ll figure it out along the way. If you surround yourself with trusted mentors (and/or an incredible business partner), you’ll always have someone to lean on when inevitable challenges arise.
#2 – Focus on people! Those people can be your clients, your suppliers, and most importantly, your team. Put them first in all that you do, and success will follow. This may seem idealistic, but I’ve seen it make sound business sense too.
#3 – Invest in automation! It’s very easy to implement and maintain manual processes when the business is small and getting off the ground. Initially, it might make sense to try different methods before you figure out what makes sense for your business. However, once you’re ready to hit the gas on growth, automating your processes and systems will enable you to do so seamlessly without needing to work around the clock. For example, investing in a robust CRM system has been a game-changer for my business. It’s worth every penny.”
Read the feature for much more on Melody’s journey, including how she made the transition from investment banking to Columbia Business School to a career in marketing to founding Vantage Point MBA Admissions Consulting. She inspires us every day and we think she’ll do the same for you!