What do smart entrepreneurs do differently to ensure their business stays profitable? They do the simple things right. Simple things really, like finding cheap ways to get exposure, or hearing their customers out, or networking in the right places.

Lack of funding is a problem many people face when looking to start a new business. If you'd prefer to go without the loan, there are a number of things you can do yourself:
 

  • Blogging, blogging, and blogging 

    The best way to create new buyers is by creating a company blog and posting on it frequently. Think of the quality of your product and the quality of your blog as two distinct things you could work on.

     
  • Join online communities and maintain a social media presence 

Facebook, Twitter, LinkedIn, and Instagram are great platforms to turn to if you're looking to find and join a community of people who will be interested in what you have to say or offer. To become an active member, you don't even need to start your own community. With billions of people logging onto social media platforms each day, it's imperative that you maintain active accounts that allow you to engage with your audience through posting regular updates and integrating sharable content.

  • Ask your current customers for referrals 

There's absolutely nothing shameful about asking your customers to refer a friend or two if they're happy with what you provide. People prefer to do business with people they know, or with people, they know of. Next time someone compliments your product or service, thank them and be sure to ask if they know of someone else who might benefit from what you've got to offer.

  • Network, be friendly and speak up

Great networking is about developing real relationships that are beneficial to both parties. Poor networking is shallow transaction-driven. If you're going out to speak to people solely with the intention of selling your product or getting what you want, you're unlikely to build trust, and therefore unlikely to get what you want. On the other hand, if you are genuinely interested in the other party, you're far more likely to find them opening up and getting in touch with you after the event.

  • Create a Marketing Plan 

By starting off with a marketing plan, you're really putting the time into laying out exactly who your target market is, what your competition is like, your company's strengths and weaknesses, and any budget or advertising plans that you'd like to remember.
 

The Millionaire Master Plan helps you discover where you stand at the levels of the financial spectrum and the steps to take at each level on your entrepreneurial journey. 
Click here to take the free test now!

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