Why your business stay small? There are so many reasons why your business STAY SMALL.Malawi News Hub would like to share with you five reasons why your business remains small.
1. REVERSE LOOP SYNDROME
You need more staff but you don’t have enough business coming in. This makes you reluctant to employ because cashflow is tight. How does a small business owner break this cycle? Secret: (get more leads, more sales, more turnover = more confidence)
2. TURN OVER LEAKAGE
You get a nice deal but it drains your bank account trying to service it. You know you could make millions but you need money to make more money. Your turn over is too small to allow for overflow and thus you lose the deal due to being too small ( secret: get more leads, get more sales, increase turnover)
3. SMALL THINKING
You cannot build a big business with small thinking. Fear, reluctance to grow, inexperience and small thinking holds one back from what could be a great profitable business yet we don’t think to get help and grow through this.( secret: get more deals, make more money, make more profit, sleep easier)
4. MARKETING AND ADVERTISING FEAR
People fear what they do not know. If you are scared to advertise it’s because you’ve not mastered it. If you could learn how to turn $10 into $100 profits time and time again, after a while you would not be afraid anymore. ( secret: get more clients, make more money, make profit again, start smiling )
5. AFRAID OF SUCCESS
If you have been programming yourself to fail for years and years, you will be less likely to pursue success. Are you telling yourself you can not do it or are you completely confident to thrive and succeed? ( start getting clients, start becoming confident, start believing in yourself again)
You can grow a bigger better business if you want to. It is easier than you think.