Business · Entrepreneur · TrafficCenter101

Can Your Business Survive?

Ralph Waldo Emerson said, “Build a better mousetrap, and the world will beat a path to your door.”

But when you’re starting your own business, there’s no guarantee that your “mousetrap” is going to survive, especially in today’s fast-paced business world.

Nearly half of all small businesses fail within the first two years of operation. The number one reason for business failure is inadequate planning. The second reason is under-capitalization.

So before you mortgage your house, or go into debt financing your business, you need to know if your business is going to do more than survive — you want to know if it’s good enough to thrive! Here are three things successful businesses (in business for five years or longer) have in common:

1. The idea.  A successful business start-up always starts with an idea. Something that makes your business stand out from all the rest. So how do you know if you’ve got a good idea?

You’ve probably got a good idea if you can answer yes to any of the following questions: Does your idea provide the solution to a significant problem for your target market? Does it satisfy a need or want? Does it create an opportunity?

The most successful businesses either fix problems (either real or perceived), or they increase your customer’s pleasure. They create a repeat need for a product or service among the target market.

2. The market.  Your chances of survival are better if you can answer the following questions with a yes: Is there already a market for your product or service? (It’s much easier to fill a need than trying to create an entirely new market.) Can your target market afford to buy your products or services? (If they can’t afford it, it doesn’t matter how great it is, you won’t sell any!) Will your target market perceive your product or service as valuable? (If they want it, but don’t think it’s worth what you’re selling it for, you won’t make any sales.)

3. Your ability.  Do you have the people, the resources and the knowledge to be able to consistently provide your products or services to your target market? Can you maintain a competitive advantage? Do you have enough manpower? Can you purchase the supplies and materials you need over the long run?

DreamhostYour first step always is to create a solid business plan. Your business plan is more than an essay on “Why I deserve to get funding for my idea” however. Don’t spend all the time creating a business plan and then toss it in the bottom drawer of your desk. Your business plan should be a living, breathing roadmap that helps you make sure you’re on course and reaching the goals that you set for your business.

The second step to business survival is getting enough financing. Although the term “bootstrap entrepreneur” describes most small business owners, having enough capital to be able to keep your business afloat is vital to your survival.

When you’re creating your financial analysis of your business, make sure you’re being realistic about costs and expenditures, so that you give yourself the cushion you need to succeed.

If finding financing is a problem, either because you don’t have enough credit or equity, or there are other problems, take the time to look into the resources that are available in your community. There are a wide variety of grants and loans (including microloans) for entrepreneurs, if you know where to look.

Some great resources will be:

  • The Small Business Administration
  • Local Small Business Development Centers
  • Women’s Organizations
  • Local University or Community College
  • Chamber of Commerce
  • SCORE (The Association for Retired Executives)
  • Nonprofit organizations that work on economic development in your area

Use other successful business models as a guide. When you’re getting started, look around. What businesses are successful? Why? What is it they’re doing that is working? What attributes do you admire, and why? You stand a better chance of succeeding if you’re modeling someone who is already successful.

Find a mentor. Most entrepreneurs have great skills and abilities, but no one does everything well. You probably already know what your strengths and weaknesses are. (If not, there are many resources and tools that can help you figure it out!) Rather than ignoring your weaknesses, find a mentor who can help you either build your skills in your weaker areas, or offer advice for getting what you need.

If you take the time to plan to succeed, you could be creating a legacy that will be enjoyed by future generations, and that other entrepreneurs will look at as a model for building their own businesses.

If you’d like to take a look at something that covers all 3 of the aforementioned points, plus mentor-ship, just head over here: Worldprofit’s Home Business & Affiliate Marketing Bootcamp >> You can get started for free PLUS you’ll be given over $1000 worth of bonuses that you can use to start this business OR to market any other business in which you may be involved.

Business · Entrepreneur

[DECLASSIFIED] Robert Kiyosaki’s Brain…

So this Robert Kiyosaki event…

Did you save your spot yet?

It’s seriously only $1.00 and it’s all online (so you can watch it from your laptop).

Here’s why this is going to be a game-changer for thousands of people –

It’s a backstage pass to Robert Kiyosaki’s brain.

All for less than a cup of coffee costs.

And the speaker lineup is top-notch.

All entrepreneurs.

All successful.

And all of them are going to SHOW YOU how to break into the top 1% lifestyle.


I KNOW what it feels like to be stuck…

  • Living from payday to payday…
  • Always playing catch up on bills…
  • Never being able to buy stuff…
  • Looking at that damn debt & wondering if it’ll EVER get paid off

That sucks!

Even the event page says:

  • 78% of full-time workers said they live paycheck to paycheck
  • 56% of all U.S. workers say that they’re in debt over their heads

And that’s why this event is a LIFELINE!

It’s an insider look at the methods, rules, tactics, and mindset of some of the most successful entrepreneurs, wealth creators, and business people on the planet.

They’re showing you how to do EVERYTHING…

  • Increase your income…
  • Acquire assets…
  • Build passive revenue streams…
  • Invest in real estate…
  • The opportunity in cryptocurrencies…
  • Build your own business…
  • And much more…

For $1.00.

Check it out, get your seat, and get ready to level-up

I hope you jump on this opportunity, because as Robert Kiyosaki himself says:

“People need to wake up and realize that life doesn’t wait for you. If you want something, get up and go after it.”


Go after it!

Entrepreneur · LinkedIn · Recruiting

The Top 5 Reasons Why You Should Be Using LinkedIn to Make a Ton of Sales and Enroll New Team Members!

Written by Gloria MacDonald, Creator of the LinkedIn Recruiting Playbook FACT: Dollar for dollar, LinkedIn is the single most profitable social network for network marketers. And you don’t need to take my word for it, either. The stats speak for themselves, as you’ll soon see. Now, you might already know that LinkedIn is the social… Continue reading The Top 5 Reasons Why You Should Be Using LinkedIn to Make a Ton of Sales and Enroll New Team Members!

DDOA · Entrepreneur · Network Marketing

3 Steps To High-Quality Engagement With Your Prospects | DDOA

Network and Affiliate Marketers:

Watch and listen as JT DeBolt gives us ‘3 Steps To High-Quality Engagement With Your Prospects’

What?! 😵 “Human attention span went from 30 minutes decades ago to 8 seconds TODAY!”

** Get the 10-Day Bootcamp mentioned in this video right here:

1. Sincerity – ask questions – this engages the person and sparks curiosity
2. Bring your story to the conversation (or a parable, or even someone else’s story)
3. Give them something actionable to do – something to do Right Now (like reading through the 10-Day Bootcamp)!

link manager and click tracker

Visit us on Facebook!

Make it a great day!

Entrepreneur · Recruiting

Let’s Talk About LinkedIn Prospecting and Ending World Hunger

Network Marketers:

Let’s Talk About LinkedIn Prospecting and Ending World Hunger… I’m Serious!

This company ➡ ⬅ helps You Build Your Business AND Empowers Small Farming Communities with much needed resources as you can see here 🔀

They don’t just tell you what you should do to earn money from home – they TEACH you and SHOW you and ARE THERE for you every step of the way!

If you’d like to grab the 10-Day Prospecting Bootcamp, it’s right here.

No obligation – Just great information!  I learned quite a bit from this little series, and he made it fun 😆 to read, too.

Make it a great day!