In this How To Make four part series, I have covered $35,000 in sales and $50,000 in sales thus far. Today, we are taking a leap up to making $75,000 in sales a year which is a dream for a lot of small business owners who want to quit their 9 to 5 in order to pursue their dreams. For almost two years I was stuck between $50,000 and $75,000 in sales a year. When you break a financial cap it motivates you to go to the next level. Finally, I will share how you can achieve $100,000 or more in sales a year for your small business.
One of my favorite thing to do is work with people one on one to help them understand how to grow or launch their businesses. Next favorite thing would be to host workshop were I am able to help a group of people at one time comprehend what is going on in their business and how they can fix it. Hosting workshop has become the new style conference for entrepreneurs or future business owners who want to learn. They are easy to attend most times you can find them locally without having to spend thousands of dollars.
Raise your hand if you feel that your plate is running over and you just don’t have time to do anything productive to help your business grow. I will assume a majority raised your hand while reading this and trust me I completely understand why you feel that way about your business. Most new and existing business owners have control issue and rather be stressed out then allow someone else to work on their baby. Honestly, I don’t think its the cost that bothers them but relinquishing control to someone else. Today, lets talk about several small investments that can help you automate your business.
People love to say everything has been invented under the sun and there are no new business out there. Several companies such as Uber, Airbnb, Rent The Runway, The Bouq and many more have proven there is a plethora of business models out there to be discovered. However, if the industry you are trying to launch in or currently in is very oversaturated and you’re trying to figure out how to maneuver through the over-saturation in the industry and stand out can be some work.
On any given day I am providing my audience with a multitude of free information to help them build their businesses. Its up for mass consumption for those who read this blog, ICB Consult Blog, watch my youtube videos, read my newsletters or just follow me on social media. So many service based businesses are scared to share information. They feel if they give away their “secrets” no one will hire them or buy what they have.
Last month, I shared with you how to make $35,000 in sales a year and you can read how to make $75,000 in sales a year too now. I created this series solely because I know so many small business owners who are overwhelmed by the numbers. Which is truly understandable. Running the numbers and hitting the numbers can cause extra amount of stress when trying to achieve your dreams.
One of the greatest advantages you have and I have as relevantly unknown companies is being able to test out new ideas with our audiences and finding out what sticks. So many times, I hear people say “I wish I was making more money” or “If only I had a bigger audience.” Then will mention how things are just not going right with their business and they need to figure everything out. This is the prime reason you need to be the totorise not the hare when it comes to your business.
One of the best things for me in 2015, was knowing my business did roughly 37% better than I did in 2014. My goal for this year is to do 40% higher in revenue than the previous year. Outside of using my Yearly Project Tracker one of the greatest things I could do was establish a tentative sales schedule to help increase my companies revenue.
One of the proudest moments in business is when clients use to email me and say it felt like Christmas morning when they received orders for me. Before I knew about cellophane sealable bags, I was buying cellophane wrap from The Container Store and wrapping each order up and including ribbon. I wanted my clients to have an experience when shopping with me. Providing my customers with a luxury experience on a small business budget was not hard.
In the last four years of business, I have solely focused on utilizing word of mouth to build my company over paid advertising and marketing strategies. In past years, I experimented with paid advertising on blogs and there was no real return on investment for me as a business owner. Then I started really observing how I as a consumer was buying from “strangers” on the internet and such. Because technically if you don’t know someone they are a stranger, lol.