This blog is not only to enlighten you but a call to take action in your business(es)
When it comes to making money whether offline or online the trend is almost the same just that fewer people pay attention to what works.
A key to mastering anything is understanding the foundation or base so that you can build on that concept, as an entrepreneur you have to make more money from what you are presently doing.
Focus on Your Business
Growing your business is as important as life. No matter the kind of business you are into you need to pay attention on what works.
Remove your eyes from distraction.Therefore in the world we are into there are many distractions hovering in the society. Being focus is a primary key to succeed in any business. Money is like any other good thing in the world which a man can crave for.
The law of focus states that ‘What you think about expands. When you focus on positive thing, you push your mind on positive direction, your inner voice turns positive and your life starts to improve.’
There is nothing like non profiting business, every business depends upon the owner or the CEO of such business for it to flourish. Petty business grows and the growth depend on the owner. You hear people say what am doing is not lucrative, you are the one to make it happen by focusing on you business. Focus has a way of pulling intended ideas and capital to you.
Advertise Your Product
No matter the kind of business you are into. Ranging from small sales of food commodities, clothing, building materials to bigger companies like McDonalds, Dangote, Banks, Facebook etc.
Your business is not left out in this. hear me and hear me well any business not advertised may sink soonest or face low influx of money which is not healthy for any business. As we all know that the inflation rate are increasing day by day and more problem raises as one take up responsibility which is due to age, family, or even the society.
Take for instance the noodles company in Nigeria where Indomie has taken over as a result of advertisement. Their noodles is not the best so to say but they advertise more than any in that niche. With good advert you can go places.
Indomie have a revenue of $33.6 million just last year that will tell you how profitable they are. They are so many ways to advertise your business. Both online and offline. You can start a blog so as to advertise your business or ask a blogger to advertise your business on his blog. Join a social media like Facebook, Instagram, Twitter etc, join a forum and contribute etc.
The world is a global village don’t limit yourself to Nigeria only take your business online and meet countless people. Advertise you business on TV, and radio if you don’t have money to do any of this you can tell your friends, relations, colleagues, or meet people in places of worship and talk to them about your business by so doing you will generate sales and increase your business.
Get Complimentary Cards
Complimentary cards are good ways of growing your business. In such a way you may never understand until the need arises. When you meet someone you have discussed about your business your need to drop a complimentary card with them.
So that when they want to contact you they will get to you easier. Contracts are lost because of this. No reasonable company would like to do business with you when you don’t have a complimentary card.
A friend of mine lost a big business offer because he does not have a business card. after much business discussion, negotiation, and proper analyzing what the current company want just because he has no business card that dash the hope of him getting the contract.
You have to realize that they are lots of competitors out there who are willing to provide same services or goods which you are rendering.
Pay Attention To stock Taking
Stock taking as simple as it is, lots of business suffer from not taking stock. People are lazy to do few things that are needful to grow their businesses maybe their are ignorant of it or they don’t think is worth giving attention.
When I was selling soft drinks a few year ago. I noticed something miraculous happened when I began to take stock. We started with 17 crates of soft drinks with a deep freezer and a standing refrigerator from Fayrouz.
I took stock taking seriously. I will take stock before I go to work and when am back from work. It happened for a few months within that short period we were able to get 3 more deep freezers.
We got another shop increased our sales it was a game changer for us. Never take this step for granted it will accelerate your business capacity.