Little Money = Getting Motivated for Sales!
Starting on a shoestring budget is hard. It takes much longer for the business to reach a stable point, but puts much less risk on your personal finances.
Starting a business takes money
Unless you are one of the lucky ones, you will soon find out that not everyone will want your product or service. Once you open your business doors, you may find that people who said, “What a neat idea,” don’t think that the product is something that they really need or want.
Now, you have your start-up costs (business cards, computer, printer, phone, PO box, product development, etc.) and no cash coming in. This is where one of two things usually happens.
With a lack of money coming in, you get motivated and hungry for the sale. What will it take? How many people do you have to talk to? Cold call? Network? You start to see that your business is going nowhere unless you start to really work.
In this new age of online business, the same old principals still are the best ones.
- Network with other business owners.
- Join your local Chamber of Commerce.
- Join as many women’s business groups as possible.
- Volunteer and donate your time to Junior Achievement, your church, and other places that you can go to meet people.
When you go to the meetings or events, walk up to people and introduce yourself. Tell them about your product or service. Ask about their business. Develop relationships. Ultimately, it is the relationships that will make your business work.
Close for Business
You close up shop and learn from your experience for the next time. This is not really giving up – you have learned a great deal this first time around. Next time, you will make the changes necessary to choose and build a great business.