This article illustrates the importance of thinking things through before jumping into any new business venture.
If you are a small business owner I am sure you have all heard the painful statistics that:
97% of network marketers and small business owners fail
Over 50% fail within the first 5 years
90% make less than $10 a week from their business
Easy and least expensive tips to make the most use of your marketing budget for small business owners and entrepreneurs.
Here are the Top 10 Tips I give small business owners and entrepreneurs on a daily basis when I see them out at networking functions. These 10 things will be the least expensive and probably the most effective forms of marketing that you could do to promote your business.
1. Display your cards at coffee shops, book stores, businesses of people you know, membership stores like Costco and Sam’s Club; all of these are free.
Rejection is a natural part of the sales profession. In fact, it should be a regular occurrence to anyone who is trying to accomplish more than the average and ordinary in his or her life. How do you respond to this inevitable part of success?
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Talk about strategic planning and you see eyes roll, arms cross and voices that say we can’t afford that. Too much time, too much energy, too much money! And, besides that strategic plans don’t work.
For many businesses, strategic plans don’t work because they, the small business owners, the entrepreneurs, the executives, the independent contractors such as real estate agents, insurance agents, financial advisors fail to use them each and every day. These business owners believe that the words within the plan will magically increase sales, improve employee morale and create loyal customers. Talk about living in a fairy tale world.