If you have wanted to increase your small business’ capacity to earn more this week, month, quarter or until the end of the year these five tips are wanted you need. The insight I am providing is based on knowledge I have personally used, and wish was around when I launched my first company in 2009. A couple of years ago, I cracked the code to bring in $10,000 a month in digital sales. This was a game changer for my business mainly because I had to learn & do things I never did. However, before that, I remember the amount of money wasted. Thank you, Jesus, for deliverance.
The other day, I was talking to a friend about how business owners are not open to receiving constructive feedback regarding their businesses. Honestly, we can debate on this subject for hours, but most people have a wall up and believe they are right all the time. If you come to me with honest, constructive feedback, and insight I can use to help me grow my business I am all ears, notepad and recording device. I believe in order to be the best business owner; my iron needs to be sharpened by others. Today, I want to share how you can utilize constructive feedback to help grow your business.
First, please note that everyone does not to quit their job to be their own boss. Being your own boss is super hard work, and there will be several times you wonder how you will make it. In addition to that, if you have a current 9 to 5 know that is funding your small business dreams. That is something you should be super mindful of when it comes to quitting your job to go after your business idea. However, if you know all this and still want to go after your entrepreneurial dreams very soon, here is six steps to help you along that journey.
Before officially closing down my online high-end resale boutique, I started the transition into running a consulting company. I had no earthly idea on how I was supposed to do this. My approach to business has always to get my hands dirty, and learn as you go. So, you can say I took all the mistakes I learned, and they were my guide for consulting. Today, I want to share five things I wish I knew before launching a service company. No matter if you’re a service business or product based business there is insight in here for you too.
In the last couple months, I have been talking to people about their companies outreach plan. You know the engagement plan you have to reach your target audience. Most small businesses rely on social media or blogging to connect with their audience. There was a time; I believed you needed to blog, social media and email marketing. Times have drastically changed on that front when it comes to targeting your audience. Personally, I believe too many small business owners are spread thin trying to be all and do all. Trust, I use to believe the hype that guru’s in my industry would share, but I always ignored the fact they had team to help with all those things. Today, I want to break down should email marketing be apart of your companies customer retention plan.
A couple of months ago, I received a buy Tasha coffee question on how said business owner could transition their current business model into another industry gracefully so to speak. This upcoming July will mark eight years in business for Imperfect Concepts brand, and I know a thing or two about transiting industries. You see I started off as an online high-end resale boutique and transition to a business consultant and blogger. Today, I want to share five tips for those looking to transition your business from one industry to the next.
A plethora of new small business owners believes they can turn a profit in 30 days, 90 days or the first year of operations. To be honest, companies such as; Twitter has not turned a profit yet, and Ashley Stewart took twenty years to become one. I am not writing this blog post to diminish your goals of being a successful small business owner. It is truly possible to do so, but we must first be realistic when it comes to this. Today, I wanted to provide some real insight on increasing your small business chance of becoming profitable this year.
Last month, I shared six creative ways to save to fund your small business. Today, I want to focus on low-cost tools and resources to help you build your business and not break your bank account at the same time. These are just not resources for those launching a business; they are great tools and resources for those who are wanting to scale their business. My first company was started with $400 from my savings account, and by year five I was making $10,000 a month in digital sales and making six figures income level. Trust me, when I say these are the same resources I use on a daily for my business.
To be honest, if you asked me eight years ago what my company’s business model was or let alone my sales funnel, I would’ve had a funny look on my face. This is probably the same facial expression you would receive from thousands or more entrepreneurs springing up all over the global. In the last four years, of consulting it has been my goal to have not only solid sales funnel for my business model, but for my clients also. Scaling your company is not just staying out the red, it takes understanding the elements of your business sales funnel.
First, sorry it has taken me so long to write this post on “How To Make $100,000 In Sales A Year” or better yet break the six figure revenue stream. Trust me; it was something I wanted to do, but there was no significant response to the other three parts of the series. So, I completely let the ball drop. Then recently someone mentioned in a Facebook group how they were tired of the bait and switch of how to create the code of making six figure income.
If you don’t know what that means, let me shade some light for you quick. More creatives are selling courses, ebooks or webinars on the subject matter but never really touching on how to achieve it. They might have tiered level products that suppose that gets you there but you already spent $497, and now they are asking for $2997. Eek! That’s a no go. Quick tip, the fastest way to make a million dollars is to sell a book, eCourse or host a seminar on it. People will flock to it because most people have the aspirations to be a millionaire without working for it.
We all make mistakes when we first jump into something new. However, with the level of information you can find on the internet, it’s easier to jump over the roadblocks most people faced when they launched. The learning curve can be easier when you do the first item on this list. I know it can be seen as boring, but the information you collect will save a lot of time, money, and stress.