Entrepreneurs
Entrepreneurs
Entrepreneurs
Why do you want to build a business? Hopefully, it is not one of the reasons I shared above. You need a
strong reason. You are the only one that can find out your why. Until you find out a strong why, I don’t
think you should venture into business
Deciding to start your own business is a leap of faith. It requires pushing out of your
comfort zone and trying something new. If that idea excites you, why wait around?
You’re ready to take the leap and be the CEO of your OWN COMPANY. It’s a lot of work
and there are some risks, but the potential for rewards is huge. If you’re not convinced
yet, here are 10 of the best reasons for starting your own business.
When you’re your own boss, you’ll find motivation at work every day. Following your
dreams is exciting, and you’re in control of your own success. The day-to-day vitality of
your business depends on you, so you’ll be driven to make each day as productive as
you can. You’ll know that your own hard work and drive will help you reap the rewards,
and that’ll keep the fire burning in your belly to make each day count.
Starting your own business has several financial benefits over working for a wage or
salary. First, you’re building an enterprise that has the potential for growth – and your
wallet grows as your company does. Second, your business itself is a valuable asset. As
your business grows, it’s worth more and more. You may decide to sell it or you may
hold on to it and pass it down to your heirs. Either way, it’s valuable.
Many entrepreneurs say that once they’ve sampled the freedom of being their own boss
and calling the shots at running their own company, they’d never want to work for
someone else again.
Note that there are also a variety of programs aimed specifically at business started by
women and minorities, so you may be able to get grant funding and other benefits to
get your business off the ground.
As your business grows, you may opt to continue manning the helm for those tasks you
enjoy – whether that’s graphic design or accounting – but you can outsource those tasks
that you dread. You can also turn those skills to new tasks. Who knows? You may even
want to start another business!
Knowing that each day brings new challenges, exciting opportunities, and a chance to
engage your passion is reason enough to start your own business. Knowing that you’ve
decided to take control of your own future is empowering. What are you waiting for?
The time is now!
PART 2 HOW TO DECIDE ON THE KIND OF BUSINESS YOU SHOULD DO
1.Don’t Create A Product or Business and then Look For Customers… Rather Look For What People Want
and Then Create A Business Around It
I decide on what to sell only AFTER I have seen a market that wants to buy. Rather than create a product
and look for customers, I discover customers (market) and then create a product or service for that
market. I am not in love with any kind of business or service. I am in love with the market. I will sell
anything (legal) that will satisfy that market. You should find a market and their desires, create a
business around it
The point is I followed a sound business and marketing principle and you should be like that to. Forget
the ideas you currently have and let the demands of a market influence the kind of business you do
2. Sell What People Want To Buy… Not Necessarily What They Need To Buy
When names are being mentioned as to who the top guy in your industry is, your name should come up
in the argument. The truth is that it is hard and it can take you years of building, branding and credibility
to get there. But I have a smart short cut you can follow which is
1. you have engraved your name in that marketplace no one can ever take from you even when others
come with better products and services. you will be able to use the tag anywhere and no one will be
able to dispute it. Using the tag of being the best is debatable.
2. people will see others as a copy of you and if you are doing a decent job people will always refer to
you as the gold standard of that industry.
you already have a business and you cannot possibly be the first, what should you do?
1. Add a Part or Feature No One Else is Doing to Your Business
PART 4 HOW TO ADVERTISE FOR MAXIMUM PROFITABILITY
some of the reasons why people advertise.
To Get Instant Results: Sales, Prospects, Contacts etc
To Create Visibility and Mind Share
Because Their Competitors Are Advertising
Here are the principles and guidelines you need to follow. There are SEVEN of them. Feel free to
call them the SEVEN COMMANDMENTS of direct response marketing.
1. You must arrest attention
2. You must make an offer 3. You must make a call to action 4. You must create a sense of
urgency 5. You must track/test 6. You must establish credibility 7. You must take the risk away
from the customers