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Did you know that there are over 27 million people starting businesses in America. this is a record high! Never has there ever been this many people starting businesses and jumping into the wonderful world of entrepreneurship
And it is wonderful don’t get me wrong - and there are so many amazing reasons to start a business now.
I can list the benefits - we all know ‘em, the financial freedom, the be your own boss, the purpose driven call to create.
I love it all - but lets be honest the truth of the matter, the majority of these businesses won’t see themselves past the first 12 months.
And we all know the stats.
Entrepreneurship in the 21st century is very low barrier to entry - which is terrific! For this reason, I recommend that everyone - doesn’t matter if you love your corporate 9-5 gig or not, everyone should have something side hustle-is…
But let me actually get to the topic at hand…if you are beyond side hustle stage and you are wanting to be full fledged, full time in your business, and you have tried it but its not really bringing in all of the cash flow that expected i want take a look at that.
I’m going to give you 15 reasons why your business may not be getting to the consistent cash flow and some tips on how to fix it.
But first, I want to invite you to a something super cool that I am participating in. The Success Shortcuts Summit!
This is so relevant to this conversation because inside of this free summit you are going to hear from not just me but we are talking … dozens of successful entrepreneurs - Les brown one of the worlds top motivational speakers, Michael Gerber the worlds #1 small businesses guru, nest selling author Daven Michaels, John Lee Dumas, host of entrepreneur on fire one of the worlds top entrepreneur podcasts, etc.
And of course yours truly. We are literally giving you all of the goods in this thing…making money, keeping money, mindset, sales trainings, success shortcuts! CLICK HERE to sign up! because it starts October 14
Ok…now back to the topic at hand. Reasons why your business may not be bringing in the big bucks!
I’ve worked with hundreds of clients at this point, and over 10,000 people have taken my online courses and trainings so…I’ve seen a lot!
When someone comes to me with a cash flow problem in their business its likely going to be one of these things. These are in no particular order:
- Your positioning is off.
- You’ve spent a lot of time perfecting the product, but not the sales and marketing strategy.
- You are showing up as a catchall, a jack-of-all-trades, but master of none.
- You are doing the most!
- You don’t take your business seriously.
- You’re content is not good.
- You aren’t giving enough value up front.
- You don’t have a true path to profit.
- Too focused on sales, not enough focus on relationship building
- You are underestimating the process
- You’re letting your doubts get the best of you
- You are in the wrong environment
- You don’t have a good relationship with money
- You are worried about the wrong thing.
- Not investing in the right things.
I dive into each of these in this episode - do you get lots of nuggets here! Take a listen, and shoot me an email to let know where you are needing the most help!