IBGR - RESULTS Radio Network. Everything a business owner needs to start, grow or exit a business. Come grow with us.
The 5 steps to grow your business and generate more money.
First question is why do you want to or need to grow your business? Once you have answered that question with full honesty then proceed to put more effort and look at other ways to grow your business and generate more money.
First is to manage your current startup well and once you have full control and business is running smoothly then you delve into the growth aspect.
After our time together you will find many new ways, some you may already be employing and some you may not even have thought about.
Once you have gone over all these see what relate best to you and your business and then start implementing them in order you can given the size of your business, number of staff or employees you may have, the resources you have that you can expend now… so lots of variables and as every business is different you need to pick and choose what you want to focus on and what can bring the best value to your business and your customer.
What You Need to Do
It is not about doing 3000 different things, but doing a few things 3000 times.
Go through these issues step by step and see what is working for you and what not.
According to a Wharton business school study in 2017 about Social Is the New Financial: How startup Social Media Activity Influences Funding Outcomes - Social Media, social media popularity can demonstrate a startups ability to build its brand, integrate consumer feedback and attract specific customer groups.
Don’t make Assumptions - Test Test Test - Fail but learn from it - Listen to your audience and the market
Master 3 things - Marketing, Management & Sales
Spend at least 1 hour every single week to improve upon the business. Work on your business not just in your business.
Previous: Episode A2.006 Customer Acquisition & Related Costs
Next: Episode A2.008 Cashflow
Written by Raj Kapur
new choice for BUSINESS SEARCH