How many of you wait until something goes on sale to purchase? I’m sure a number of you answered “me” to this question because I’ve done the same. One of my favorite clothing stores has sales so often that when something is not on sale I refuse to purchase from them because I know there will be a sale the following week. I’m certain there are many frequent shoppers of this particular store that think the same way.
Pricing your products and services is one of the most important aspects of your business. The way you price your products and services will have a huge impact on the amount of profit you make. Although selling products and services al la carte is an option there is more of a benefit when you sell them as a package. There are two major benefits of packaging your services; it is a greater return on investment and longevity.
Today, October 1, 2015 marks one year since I started accepting business coaching clients. I want to share with you lessons I learned within my first year in business. As you know I don’t mind being transparent about the failures and successes that I’ve experience in business because the goal is to prevent others from making the same mistakes. Although I founded a nonprofit organization in 2011, this is my first time owning a for profit business.
There are several factors that make your website great, but two questions you should ask yourself is; is it user friendly and does it have the potential to generate revenue? Below are the 6 things your website must have:
Aspiring entrepreneurs even established entrepreneurs struggle with making smart investments into their business. Most of the time making investments is a struggle because entrepreneurs don’t know how they can invest in their business without spending a ton of money. A smart investment in your business will create a return on investment. A return on investment is simply the percent of profit that you made off of your investment. Return on investment can be calculated by dividing your net profit by your Read More “3 Inexpensive and Easy Ways to Invest In Your Business”
Any of my fellow entrepreneurs will understand how and why you can become burnt out in business. Some of you may be reading this and asking what do you mean by burnt out. Well, burnt out simply means you’ve exhausted yourself so much that you literally have no more energy left in you to press your way through running your business effectively. I am sharing this post to help prevent any aspiring entrepreneurs or current entrepreneurs from getting burnt out in business.
You never know who is watching you, so you want to be careful with the things you do or say. However you always want to remember you remain yourself in the process. I wanted to write this blog because I’ve had several people come up to me and let me know how proud they are and how they’ve been following my entrepreneurship journey. Some people I know personally and some I don’t. I’m often shocked when strangers tell me how long they’ve been following my businesses and watching them grow. Read More “You Never Know Who is Watching You”
So, many of us have friends and associates that are all different in there own way. Most times we have a couple of people in our circle that are super similar to us but then we have a few that are total opposite. In life and in business it is extremely important and you are selected with the type of people you choose to spend time with. The people you hang around can either influence you for better or for worse. With that being said we want to make sure that we set standards and qualifications for the people we allow Read More “What Qualifies People To Be In Your Circle?”
- Optimistic about future opportunities
- Our ideas make 100% sense to you but no one else
- Late nights, early mornings
- Laptop = BFF
There are several ways to build a successful business; everyone has a much different experience in entrepreneurship. The three keys below to building a successful business will work for anyone, these are fundamentals.
Oftentimes when writing a blog post I speak about prayer. This is because prayer is a vital part in what we do daily. Prayer is one Read More “3 Keys to Building a Successful Business”