Posts in Getting Started
7 Key Tactics For The Small Business Owner

For most folks, owning your own business is a dream come true. The freedom of being your own boss and succeeding to the best of your ability are facts of life for the small business owner. Sure, there's more stress than what you probably imagined when you were creating your grand plans, but with a little strategy and planning you can overcome any tough spot you get in. There are 7 tactics developed by successful marketers that are sure to make your business as successful as theirs.

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5 Steps To Supercharge Your Business Referrals

It is no secret that “word of mouth” or referral business is one of the most effective ways to bring in new clients while simultaneously strengthening relationships with your existing customer base. But even though it is extremely powerful and virtually free (or at most costs very little), very few business owners use it anywhere near it’s potential!

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Your Secret Marketing Weapon

It seems paradoxical – the more you give away, the more people are willing to pay for your services – but it’s true. This exact approach has worked quickly and effectively for me for years. The key is that it’s got to be good and of high relevance to your target audience. This builds people’s confidence that you consistently know your stuff and that you can be counted on for long-term value. People soon realize that if you’re willing to give away such valuable expertise, think how great the solutions they pay for will be!

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What it Takes to Succeed in Business!

Business is tough in today’s world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also “pack up” shop and lock their doors. Why do so many businesses fail?

The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.

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What is a Niche Market?

I’ll be honest, I didn’t know how to pronounce “niche” until just a few years ago. That being said, no matter how your pronounce it, it’s very important to the success of your business. Let’s say you are interested in starting a home-based business. You also want to use the Internet for your work-at-home idea. However, you are not sure if you can make money online. To make matters worse, you are confused about what home-based business opportunity to pursue.

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Having The Right Tools to succeed in starting your business

Once you’ve got your business plan written it’s time to iron out some of the basics. This part is important because it’s something that I’ve seen business who are making 10+ million dollars a year skip out on, and it’s come to bite them in the rear when they least expected it.

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Creating A Good Business Plan

It may seem boring or like a waste of time, but taking the time to write a clear comprehensive business plan for your business is very important. The reason reason is that it forces you to:

  • Create a vision

  • Define what success looks like

  • Identify what problem you’re solving

  • Know who you target audience/customer is

  • Decide how you will reach that market

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The New Business Owner Checklist

I was asked the other day what personality traits I thought were important to business owner success. I immediately gave my preprogrammed reply about passion and dedication and hard work. After taking some time later to ponder the question a little deeper (I normally operate in shallow waters), I came up with a more detailed checklist for entrepreneurial success. This is by no means a definitive list, but I'd be willing to bet that if you don't have at least a majority of these traits, your chances of business success will be greatly diminished.

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