10 Startup Tips Chapter 19: Hold on to Cash Money is God By now, your business is growing, well run, and profitable. It’s time to double-check your finances. There is a pretty big difference between profit and cash flow. There are quite a few sad examples of great businesses, with great products, good profits, and…
10 Startup Tips Chapter 18: Sales Promotion: How to Get More Customers? So you have your first customers. Before you find more customers, you need to have a three-point plan to take care of your first customers so that they become the basis of your business. Step One: Make Customers Loyal to Your Product It…
10 Startup Tips Chater 17: How to Win in Sales Presentations Business, like a battle, has times to wait and times to finish. It’s the presentation phase. Giving a presentation is one of the few times in life where big results can be achieved with just 25 minutes of real work. It could be a…
10 Startup Tips Chapter 16: How To Be A True Successful Salesperson The only important skill you need in business is knowing how to sell. Many famous entrepreneurs are people of extraordinary drive. Mark & Spencer started out as boys selling goods in the market with a tricycle. Richard Branson started in a phone booth.…
10 Startup Tips Chapter 15: Finding Customers You have ideas, capital, factories, and marketing methods. You are ready to get to work. And now the important part. Sales are the number one success factor in your business. Customers are the fuel for your ship. No matter how well you pack your products, your methods are…
10 Startup Tips Chapter 14: Right Pricing Never low price. Add more value. – Aysa Angel Pricing is of great importance. Just 10% increase in product price can increase profits by 40%. Setting the right price can be a complicated process because pricing is closely tied to the concept of “value” and is emotional. People…
10 Startup Tips Chapter 13: Your Place Or Mine? There is a famous saying that the three most important factors in retail business are: Heaven, earth, and human harmony. The problem is that the funding to find a suitable location for your business is limited. 10 things to consider when choosing a business location 1.…
10 Startup Tips Chapter 12: Guerrilla Marketing To do a good job of marketing, you have to put yourself in the shoes of your customers if you want to understand their needs. It’s a lesson you should always carry with you. Many marketers define their audience by demographic profiles alone. But to truly understand your…
10 Startup Tips Chapter 11: Grasping the Law Most startup guidebooks have tons of information on legal matters. Just because you’re a connoisseur of the law doesn’t mean you’ll be successful. But if you ignore the basic legal issues, you will quickly get in trouble. The disappearance of bureaucracy Sadly, today’s small businesses are faced…
10 Startup Tips Chapter 10: Raising Capital Sometimes starting your own business makes you hesitant to develop your business idea. You need to spend money to make money. Below are the most common sources of financing. Financial sources Your savings: At this point in your mind, you always think about spending your sweat and tears.…
10 Startup Tips Chapter 9: How to Start a Business With Less Risk Know your limits, but never stop trying to exceed them.- Aysa Angel You have an idea and are ready to act. Now’s your time to get some mountain climber Chris Bonnington’s wisdom: Do risky things in a safe way. This is a…
Don’t Act Like a Seller, Think Like a Buyer Chapter 9: Business Expansion Will Lead Your Future To have the highest income, you have to be the best. – T. Harv Eker You may have the business skills of all the people like Zig Ziglar, Jeffrey Gitomer, and Brian Tracy combined, but if you lack…
10 Startup Tips Chapter 8: Turning Ideas into Business Plans You only live once, but if you do it right, once is enough. ― Mae West If you don’t know where you’re going, there’s no point in getting there. (Lewis Carroll, author of Alice in Wonderland) Your first task is to write a business plan.…
10 Startup Tips Chapter 7: Thousand Gold Business Ideas Sometimes the questions are complicated and the answers are simple. ― Dr. Seuss To get rich, you need to do three things: get up early, work hard, and dig the right oil. (John Paul Getty, Texas oil billionaire) The high tide pushes all the boats out…
10 Startup Tips Chapter 6: Some Useful Skills Show your action to others that you appreciate their actions. – Aysa Angel You are the key to the success of your business. Your strengths and weaknesses will quickly show up on the job. Before you worry too much about it, though, remember: Nobody perfect. An artist…
10 Startup Tips Chapter 5: What’s Your Motivation? Where there is a will, there is a way. – Pauline Kael The second part of the definition of an entrepreneur is an “initiative,” or effort, drive, or aspiration. If risk is the brake, innovation is the fuel to accelerate your business. Mark Mills wondered why only…
10 Startup Tips Chapter 4: How to Be an Entrepreneur? We are all angles with one wing, and we must embrace each other to learn to fly. – Aysa Angel According to the Collin English Dictionary, the word “entrepreneur” is derived from the French word “to undertake” – which dates back to the 19th century.…
10 Startup Tips Chapter 3: Am I an Entrepreneur? People can go far than they think because they believe that they can do it. – Aysa Angel When you hear the word ‘entrepreneur’, what image comes to mind? Bosses like Virgin’s president abound. Yes, that is the talented and ambitious businessman Del-Boy Trotters1 and his…