Nothing is more disheartening than finally acting on your dreams, having the excitement and the desire to be your own boss, to work from home, only to find your finances and direction coming to an end. Believe me; I have been in your shoes.
Just because the business that you have created is slowing down or failing, does not mean that you are a poor entrepreneur. It sometimes takes successful business owners years to finally find what works for their business to prosper. Here are three BIG reasons why your business is most likely not succeeding:
1. You have a great idea but don't know how to market it.
Just because you have something that you are sure that everyone else is going to want, or that you think everyone else should have, doesn't mean that you are going to be successful.
Most people have an amazing product, but don't understand how to get it out to their target audience. You see, you can talk to one hundred people about your product, but only ten of those people are truly interested in what you have to offer.
Instead of wasting all that time, effort, and money on those ninety "tire kickers", why not find your target audience an focus your already dwindling cash flow toward some good.
2. You are tackling this whole thing yourself and have no inside support.
What do I mean by this? Starting a home based business is a huge undertaking. There are lots of variables and obstacles that are standing in front of you to be successful.
Many people start out with just themselves or have teamed up with a partner who has the same experience level as themselves. Many successful businesses have started this way, but I will be honest, there is a huge learning curve for the both of you.
3. You are spending more than you're making. (Shrinking profit margin)
This is so big, that I could have put it as the number one reason. You may have borrowed money, or
spent years of saving pennies to start your dream.
Now, once you've started, you realize how much this really costs to be sustainable let alone successful. You are in a downward spiral of trying to sell enough products to pay for the cost of producing and marketing it.
The cost of marketing is taking a huge chunk out of your profits and since you've tailed off on your marketing, your sales have tailed off. Now you are trying to figure out a way to pay off the money you borrowed or recuperate the money you've saved.
I'm sure if you've jumped into this with two feet, you've done your homework.
I'm sure you have read in multiple of the leading publishers, both online and offline, that the two biggest ways to be successful as a new savvy entrepreneur, is to ride the coattails of a bigger successful cooperation, or become a member of the revamped up-and-coming "multi level marketing" business giant.
Why try and reinvent the wheel when you can take an already great profitable idea and run with it. Imagine a system that will show you and teach you how to market effectively. Imagine having all the support you need until you get the learning curve under your belt. What would it feel like to look at your bank statement at the end of the day and see a profit instead of wondering how you're going to pay your next invoice?
Where do you see yourself in a year, in three years, in FIVE years? I'm quite certain that you are a dreamer like I am and don't see yourself sitting in front of the computer like you are right now looking for an answer. I'm positive that you see yourself with the financial freedom to do what you want, when you want.
There is an answer. Feeling stuck after starting a home based business is something you can put behind you and make forward progress.
Because I was once the person sitting there in my computer chair at 2 a.m. facing the same barriers as you, I'm committed to helping others learn what I learned so they can be successful as well. I have achieved the wealth that I have dreamed about three years ago with this system. If you are open to new ideas to creating wealth.
If you are going to follow your heart and not follow all the other nay sayers, I would like to take the opportunity to show you how to be successful and yet still be your own boss and have that home based business you've always wanted.
If you are not willing to make a change with a new business opportunity, or are a "tire kicker", thank you for taking the time to read my posting, but kindly move on. From one entrepreneur to another, good luck on your venture.
1. You have a great idea but don't know how to market it.
Just because you have something that you are sure that everyone else is going to want, or that you think everyone else should have, doesn't mean that you are going to be successful.
Most people have an amazing product, but don't understand how to get it out to their target audience. You see, you can talk to one hundred people about your product, but only ten of those people are truly interested in what you have to offer.
Instead of wasting all that time, effort, and money on those ninety "tire kickers", why not find your target audience an focus your already dwindling cash flow toward some good.
2. You are tackling this whole thing yourself and have no inside support.
What do I mean by this? Starting a home based business is a huge undertaking. There are lots of variables and obstacles that are standing in front of you to be successful.
Many people start out with just themselves or have teamed up with a partner who has the same experience level as themselves. Many successful businesses have started this way, but I will be honest, there is a huge learning curve for the both of you.
3. You are spending more than you're making. (Shrinking profit margin)
This is so big, that I could have put it as the number one reason. You may have borrowed money, or
spent years of saving pennies to start your dream.
Now, once you've started, you realize how much this really costs to be sustainable let alone successful. You are in a downward spiral of trying to sell enough products to pay for the cost of producing and marketing it.
The cost of marketing is taking a huge chunk out of your profits and since you've tailed off on your marketing, your sales have tailed off. Now you are trying to figure out a way to pay off the money you borrowed or recuperate the money you've saved.
I'm sure if you've jumped into this with two feet, you've done your homework.
I'm sure you have read in multiple of the leading publishers, both online and offline, that the two biggest ways to be successful as a new savvy entrepreneur, is to ride the coattails of a bigger successful cooperation, or become a member of the revamped up-and-coming "multi level marketing" business giant.
Why try and reinvent the wheel when you can take an already great profitable idea and run with it. Imagine a system that will show you and teach you how to market effectively. Imagine having all the support you need until you get the learning curve under your belt. What would it feel like to look at your bank statement at the end of the day and see a profit instead of wondering how you're going to pay your next invoice?
Where do you see yourself in a year, in three years, in FIVE years? I'm quite certain that you are a dreamer like I am and don't see yourself sitting in front of the computer like you are right now looking for an answer. I'm positive that you see yourself with the financial freedom to do what you want, when you want.
There is an answer. Feeling stuck after starting a home based business is something you can put behind you and make forward progress.
Because I was once the person sitting there in my computer chair at 2 a.m. facing the same barriers as you, I'm committed to helping others learn what I learned so they can be successful as well. I have achieved the wealth that I have dreamed about three years ago with this system. If you are open to new ideas to creating wealth.
If you are going to follow your heart and not follow all the other nay sayers, I would like to take the opportunity to show you how to be successful and yet still be your own boss and have that home based business you've always wanted.
If you are not willing to make a change with a new business opportunity, or are a "tire kicker", thank you for taking the time to read my posting, but kindly move on. From one entrepreneur to another, good luck on your venture.
-Neil Frey-
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