Entrepreneurs

1. Do what you enjoy

“In fact, if you don’t enjoy what you are doing, chances are you won’t succeed.”

2. Take what you do seriously

DO NOT fall prey to naysayers who tell you this “Nay! Fat Hope! Not Possible. You are not born rich. You need a lot of capital to start off with. Your family cannot provide capital for your startup. You are DAY DREAMING, GET REAL…”

“KNOW YOUR WHY FIRST!”

3. Plan everything

Build habits that every business owner MUST HAVE:

DEVELOP, IMPLEMENT and MAINTAIN your inner spirit's momentum going.

4. Manage money wisely

CASH FLOW

Every entrepreneur must ensure that they have cash keeps flowing and the bills get paid. There are two aspects to this wise money management.

1)    The money you receive from clients in exchange for your goods and services you provide (income)

2)    The money you spend on inventory, supplies, wages and other items required to keep your business operating (expenses)

5. Ask for the sale

A home business entrepreneur must always remember that marketing, advertising, or promotional activities are completely worthless, regardless of how clever, expensive, or perfectly targeted they are, unless one simple thing is accomplished – ASK FOR THE SALE!

REMEMBER: All of these skills will become naught if you do not actively ask people to buy what you are selling.

6. Remember it’s all about the customers

Your CUSTOMERS are the ones that will ultimately decide if your business goes boom or bust. Everything you do in business must be customer focused, including your policies, warranties, payment options, operating hours, advertising and promotional campaigns. In addition, you must know who your customers are inside out and upside down.

7. Become a shameless self-promoter

REMEMBER: NOBODY KNOWS WHO YOU ARE, WHAT YOU SELL AND WHY THEY SHOULD BE BUYING?👉👉 IT IS YOU THAT MAKES YOUR PRODUCTS KNOWN TO THEM, YOUR POTENTIAL CUSTOMERS!

“BE A SHAMELESS SELF-PROMOTER IF YOU WANT TO SUCCEED!”

8. Project a positive business image

Entreprenuers must ALWAYS make a conscious effort to project the most professional business image possible to IMPRESS their customers.

9. Get to know your customers

Get to know customers by providing personal attention and win over REPEAT business in doing so. Most businesses come from repeat customers rather than new customers. The more you woo your regular customers, the better off you will be in the long run and personalized attention will be much appreciated and remembered in this modern high tech world.

10. Become known as an expert

Create exposure and make known your expertise in the business you do to wider audience, which in turn will create more selling and referral opportunities. Ultimately, it gives another style of prospecting for new businesses. Instead of finding new and qualified people to sell to, these people seek you out for your expertise.

11. Invest in yourself

Don’t be stingy yourself! Buy and read business and marketing books, reports, magazines, journals, newsletters and websites, knowing that these resources will improve your understanding of business and marketing functions and skills. Network yourself with other skilled business people to learn their secrets of success and help define your own goals and objectives.

Remember: Education is an ongoing process.

Entrepreneurs attend business and marketing seminars, workshops and training courses, even if they have already mastered the subject matter of the event.

12. Be accessible

YOU must be accessible and knowledgeable about your products and services and also be able to provide customers with what they want, when they want it.

13. Sell benefits

Selling benefits associated with owning your product or using your service is your NUMBER #1 key in your mindset!

14. Grab attention

Whenever there is an opportunity to promote your products to your prospective customers, DO IT NOW! Be a shameless self-promoter if you want to succeed!

15. Master the art of negotiations

Mastering the art of negotiation means that your skills are so finely tuned that you can always orchestrate a win-win situation. These win-win arrangements mean that everyone involved feels they have won which is really the basis of building up a long-term and profitable business relationships.

16. Follow-up constantly

Constant and consistent follow-up enables you to turn prospects into customers, increase the value of each sale and buying frequency from existing customers, and build stronger business relationships with suppliers and your core business team. Follow-up is especially important with your existing customer base, as the real work begins after the sale.It’s easy to sell one product or service, but it takes work to retain your customer and keep them coming back to you!