Do you want to call big shots with you small business idea? Success in Small business is nolonger an option if at all you could like to nuture your dream to greater heights.
These are the ethics that should guide you everyday
1. Become a Thought Leader in Your Industry
Start a blog, give speeches, write articles or publish a book on your niche area of business. Become the expert that people seek out when they need a solution. This is not an expensive adventure to undertake.
2. Create Passive Income Streams
Make a subscription based service renewable monthly or annually as a good source for generating income
3. "Up Sell" Your Current Customers.
Make a premium service for your upward customers.They are likely to buy
4. Over-Deliver to Every Customer Whenever Possible
Word of mouth is the perfect tool to help your business grow fast.Treat your already existing customers well
5. Conduct a Best Practices Analysis
Check on your top competitors.Copy their strengths and perfect their weeknesses
6. Stay Focused
Your business is an investment; changing your environment by spending time with other motivated individuals can help you keep focused.
8. $1 Million Is an Intimidating Number
Work toward $1 million a year in revenue backwards. If you want your business to earn $1 million a year, that means you must make $83,333 a month, or $20,833 a week, or $4,166 per business day.
9. Acquire Businesses
Who are your competitors? How are they doing business-wise? Are they about to retire?
10. Experiment
Many business owners find that it is only through listening to customers and/or trying to offer a dozen business services or products that they finally find one that really resonates with their target market and takes off in terms of sales.
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» The $1 Million Dollars With Your Small Business Dream
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