How To Avoid Going Broke In Business
The first thing you MUST do when you work in an offline business is find out:
1. Where the profits are being made. Who are your most valuable clients.
2. Where those clients are coming from. What is the process that's getting
them through the front door and spending money?
So many people lose their shirts in business because they have fanciful ideas
about how to "improve" a business when they buy it or how to set up a great
business idea.
Screw that.
ALL business ideas are crap.
Forget about building a business.
Find a hungry market that's easy and economical to get to, find out what they
really want and will pay good money for and offer it to them.
That's how you make money.
And if you're looking at an existing business you'd better find out where that
business' current market is coming from and get to know it and understand
it really fast.
Way back when I was still a young entrepreneur I ran multiple market stalls
(I started with just one).
I noticed that the people who came into those markets with a business idea
and tried to impose that idea on the market usually went broke very fast.
But people who came into the markets who were open and listening to the
potential customers walking through the market and stocking what they were
asking for started to make good money very quickly.
Good business is market driven.
Understand in advance that all your business ideas are crapola until they're
proven in the real world and you'll do pretty well.
FREE 58 Minute Audio: How To Find A Hungry Market Online
Kindest regards,
Andrew Cavanagh
More FREE High Value Online Copywriting Secrets Than Any Other Site On Earth. Andrew Cavanagh's Online Copywriting Blog
Products From Andrew Cavanagh:
Offers Unleashed: How Many Of These 17
Profit Multiplying Offers Is Your Website Missing?
Make $1,500 Today: This 48 Page Report Reveals
The Simple Step By Step System For Selling Your Online
Marketing Skills To Businesses Right In Your City
$500 In 24 Hours Without A Website: From Offline Store Front
To Online Gold. Charge Local Businesses To Explode Their Sales From Walk Past Traffic And Turn That Traffic Into Long Term Online Income (Perfect For Copywriters)
Online Gold For The Offline Business: The Definitive
eBook On How To Use Online Marketing To Power Up
The Profits In Any Brick And Mortar Business
Make My Website Sell: FREE 11 Minute Video
Insider Secrets Of Web Design That Sells
$7 Secrets: How I Made Over $3,000 In Just 7 Days
By Selling A 30 Page Report For $7
Make Money Copywriting: 34 Insider Secrets To Making Money
As A Copywriter And How To Land Your First Copywriting Client
1. Where the profits are being made. Who are your most valuable clients.
2. Where those clients are coming from. What is the process that's getting
them through the front door and spending money?
So many people lose their shirts in business because they have fanciful ideas
about how to "improve" a business when they buy it or how to set up a great
business idea.
Screw that.
ALL business ideas are crap.
Forget about building a business.
Find a hungry market that's easy and economical to get to, find out what they
really want and will pay good money for and offer it to them.
That's how you make money.
And if you're looking at an existing business you'd better find out where that
business' current market is coming from and get to know it and understand
it really fast.
Way back when I was still a young entrepreneur I ran multiple market stalls
(I started with just one).
I noticed that the people who came into those markets with a business idea
and tried to impose that idea on the market usually went broke very fast.
But people who came into the markets who were open and listening to the
potential customers walking through the market and stocking what they were
asking for started to make good money very quickly.
Good business is market driven.
Understand in advance that all your business ideas are crapola until they're
proven in the real world and you'll do pretty well.
FREE 58 Minute Audio: How To Find A Hungry Market Online
Kindest regards,
Andrew Cavanagh
More FREE High Value Online Copywriting Secrets Than Any Other Site On Earth. Andrew Cavanagh's Online Copywriting Blog
Products From Andrew Cavanagh:
Offers Unleashed: How Many Of These 17
Profit Multiplying Offers Is Your Website Missing?
Make $1,500 Today: This 48 Page Report Reveals
The Simple Step By Step System For Selling Your Online
Marketing Skills To Businesses Right In Your City
$500 In 24 Hours Without A Website: From Offline Store Front
To Online Gold. Charge Local Businesses To Explode Their Sales From Walk Past Traffic And Turn That Traffic Into Long Term Online Income (Perfect For Copywriters)
Online Gold For The Offline Business: The Definitive
eBook On How To Use Online Marketing To Power Up
The Profits In Any Brick And Mortar Business
Make My Website Sell: FREE 11 Minute Video
Insider Secrets Of Web Design That Sells
$7 Secrets: How I Made Over $3,000 In Just 7 Days
By Selling A 30 Page Report For $7
Make Money Copywriting: 34 Insider Secrets To Making Money
As A Copywriter And How To Land Your First Copywriting Client