Most of you are treating your business like a side hustle, that's why you can't really make any headway in business.
Before go deeper into this, let’s unpack what it means to have a business quickly. ..
03/06/23 • 778 Views
Hello Everyone,
Most of you are treating your business like a side hustle, that's why you can't really make any headway in business.
But we before go deeper into this, let’s unpack what it means to have a business quickly.
What does having a business or a company mean in the real sense of it?
A business is only a business when the number of customers that will give you money in a chosen period of time is predictable, let’s say monthly.
If this were not true, how do companies hire people to work for them and then pay them every month?
Such audacity!
How do companies ensure they have a predictable income to service all operations?
The answer is simple - MARKETING!
This is why every company or business has a marketing department and the marketing team always turns out to be the largest….and loudest
Sis, What does that tell you?
Consistently marketing your business and filling your pipeline with more customers is the only way to keep your business afloat.
if you struggle to pay yourself every month from your business then you may have a customer PIPELINE problem.
And thousands of SMEs have this problem which is why many get stuck looking for the latest sales magic instead of learning the fundamentals of marketing.
You can't cheat the grind, you must market as though your life depends on it. This period you can't afford to miss the cashflow that’s about to break out.
To fix your customer pipeline, one thing I always recommend is to have a minimum viable marketing. This is what differentiates the big boys in business from the babies.
By developing a minimum viable marketing, you will be able to fix your customer pipeline problems and get into the business of actually making money as an SME.
Don't treat your business as a side hustle, stop treating your business like a quick fix funds. Make your business your business.
There's nothing wrong with having a side hustle, but you must approach it with a business mindset, this would help you develop the strategies and systems that can help you scale.
You're not in business if no one is patronizing you.
I wish you well my dear.
Thank you
#naijabrandchick
As written by *Nelly Agbogu*
2 years ago
This is eyes openers to business communities