What are the best systems, action plans and strategies to grow your business?
David Risley has been an entrepreneur for over 16 years. He knows what it takes to succeed as an entrepreneur. David will be the first to tell you that you should ignore the “get rich quick crowd”. He is the founder of Blog Marketing Academy. The Academy is a destination for small business owners, online marketers, bloggers and more. His mission is to show specific systems, action plans and strategies anybody can follow in order to grow a successful online business.
Listen to the following interview to learn from David and the power of content marketing.
Say hi to David at BlogMarketingAcademy.com.
What to consider before starting a business?
As we all know, having your own business is the American dream. We all want to earn money from home, but very few people know what it takes to make the American dream come true. It takes hard work, persistence, dedication and analysis to make a business work, so these are traits that you must possess to make your business work.
If you want to make money in your small business, you have to ask yourself a few questions. Let me share with you some of the questions that I would ask you if we talked face-to-face. Here’s the first question:
Is starting a business for you?
I’m sure that you’ve seen ordinary people have success in their business. But these “ordinary” people aren’t ordinary at all. They’re kind of brilliant. So before you say, “If this guy can do it, then I know I can,”… you should know that these people are geniuses in their own right.
Are you sure that starting a business is what you want? Don’t measure yourself amongst other business owners or people that you know – take a long hard look at yourself in the mirror to see if you have what it takes to run your own small business. It takes a lot of work, effort and patience to see your business grow in a relatively quick amount of time. So, here’s another question that I would ask you:
Do you have the money to start a small business?
Will you be using your own money, or will you get a loan from the bank? If you’re using your own money, proceed at your own risk. You will see yourself almost spending your life savings just to make a business work. So this is something that you want to keep in mind before embarking on your business adventure.
If you get a loan from a bank, how much are you willing to take out? If you take out a $100,000 loan, expect a high monthly repayment, and have a thorough plan of how you will be paying this money back. $100,000 could probably get you to invest in a franchise, or you can buy a small business with this kind of money. No matter what you do, be sure to plan how you will pay this money back.
Be sure to invest in training materials that will help you to market your business. Don’t do brand advertising and find out more information about direct response marketing and how it can make you money quickly. Test which publications your ad is making the most money from, and see if there are ways that you can duplicate your ads in more than one publication.
These questions should get you on the right track towards starting your new small business and succeeding with it. Make sure you write your goals down and ensure they are met when launching your own business. You’ll be more than glad that you did.
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