If you’re setting up an online business (or indeed any business) then you’ve probably heard it said that most start up businesses fail within the first year. Why do so many start-up businesses fail? Depending on who you listen to the survival rate is around 20%. After three years it’s even lower – only around 5% remain in business. Why is that? According to a survey carried … [Read more...]
Think like a business owner
My biggest problem in becoming self-employed was me. In order to BE a self-employed person I had to start thinking like one. I found myself reverting to that nine-to-five mentality. If I wasn’t accomplishing a task every hour, then I must not really be working. Sometimes a self-employed person has to make decisions about their business. Sometimes they are just thinking … [Read more...]
What does it take to be an “entrepreneur”
Do you have what it takes? Over the years countless institutes and individuals have asked the million dollar question. What makes an entrepreneur an entrepreneur? What traits or characteristics are inherent to a successful entrepreneur and is one born with those traits? There’s great news! Successful entrepreneurs are born every day! Some people believe an entrepreneur is born while others … [Read more...]
How do you feel about failure?
Why Failure Can Be Good For You (And Your Business) How do you view failure? Do you see it as something negative that you don't want to be associated with or do you see it as something positive? Most people in the world don't like failure. Fear of failure is the main reason why more than 80% of people in the world are not prepared to change their circumstances. Why do people fear failure so … [Read more...]
Why do small businesses fail?
15 things to fix now! No Vision- Successful businesses have a clear vision or picture of their business purpose and mission. Your vision serves as a roadmap to help you see where you are today in relation to where you want to be tomorrow. Your business plan serves as the mechanism that will help you to bridge the gap. When you don't have a clear vision as to why you're in … [Read more...]
3 Powerful Tactics That Motivate Customers To Buy
Focus on the "buying" decision, not the sale You've heard this before I'll bet - wooing customers is a little bit like dating. No, you can't present the engagement ring on your first date - and nor can you suggest more than the other person deems appropriate! There's a two-way relationship that grows one step at a time. You can't rush it... you can't skip it... if you're looking for the … [Read more...]
3 Elements To Make Your Advertising Successful
Focus on the "Want" not the "Need" When was the last time you bought a car? Did you really NEED a car? I mean REALLY need a car? Chances are the one you were driving was still running when you bought the car you have now. Yes, people rarely buy because they need... they buy because they want to experience the feeling that comes with buying. We enjoy new purchases. Yes, we can … [Read more...]