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"A 'Down & Dirty' Method You Can
Use To Start Your Own Business:
Part 2"
By Edward "Mr Ed" Thorpe


Last time we talked about how the right way to start your business is to get a customer. ( Last Time's Story )
 

 

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We agreed you only needed someone who was willing to pay someone else to provide them with a service or product qualified as a customer for your business, right?

We also agreed it didn't matter what they wanted.

Once you knew what your customer wanted, your job was to find 'it' and make money by getting it to your customer at a higher cost than you spend to get 'it'...

No matter what 'it' was.

Because this kinda simple, commonsense thinking is critical to your business, let's expand on it, ok?

Keeping in mind I'm not a lawyer, a CPA, a certified business planner, nor am I legally qualified to give you advice:

Here's a short list of other dead weight business items coaches and consultants routinely advise business start-up clients to get done before they open their business:

  • A business plan. Bull... Without a customer, a business plan is a waste of time you could better spend finding someone with money and a want, right?
     

  • Professional services of attorneys, accountants, etc. Why? And how are you to pay for the services when there's no cash coming in?  

    You don't need an attorney to tell you to get it in writing, do you? Nor do you need an accountant to explain to you how to balance a checkbook.

    So why waste your time and money when you're starting out?   

    Instead, find someone with money and a want!
     

  • A business license. Good grief! You're going to pay good money to have some public official breathing down your neck, before you've made a buck?    

    So the locals find out you're running a business outta your home. Big deal. The fine is usually small, and with any luck, you'll have customers by then.    

    You can register your business after you're bringing in profits.

You see where we're going with this, right? Don't fall into the trap of thinking you aren't already smart enough to run a business.

You're not fooling me. I know you've been around. You've seen things and you've done things, right?

You already know how business works...

After all, you deal with businesses all day long, don't you? You know how they work. They sell you the 'stuff' you want and they make a profit when they do.

I'm suggesting you use your life experiences and your natural commonsense when you're making business decisions.

Furthermore, I'm sure that if you can run a home, you can use the same basic principles to run a business.

On the other hand, if you want to take advantage of the tax breaks of owning a home business, you need to get in the habit of keeping a record of every penny spent and every dime coming it.

Plus, you don't want to waste your time and money on things you don't need yet. Then, as you get customers, your customers can pay for the natural expansion of your business.

Speaking of your customers...

If you concentrate on customer service, which is the 1st law of business, you will be able to make more money by providing them with additional products and services.

Here's a quick personal example of this principle in action:

Do you recall my story of how I first starting making decent money online with web hosting services, even though I knew nothing about web hosting?

I simply referred people to a hosting company I became an affiliate of: Web Hosting

A funny thing started happening...

Some of the people who got web hosting from me asked me about getting a follow-up, autoresponder service.

Hm, I thought...

At the time I didn't know squat about autoresponders nor did I have an autoresponder service to sell.

But...

I did know I was talking to someone with money who wanted an autoresponder service.

In other words, I was talking to every business owner's favorite daydream... "A repeat customer!"

Soo...

I did some research and found an excellent autoresponder provider. First, I then became a customer and then I joined their affiliate program at: Autoresponder Service

Naturally I told my web hosting customers about the company I used for my autoresponder needs. And some of them bought.

Whoopee! I now had two sources of repeat income...

And repeat customers!

What I'm telling you is this: I'm no genius, and I didn't 'plan' any of the above...If I can do this, perhaps you can as well.

About The Author:

Edward "Mr Ed" Thorpe: publishes the 'Online Beginners Guide' (OBG) a generic business and life principles ezine. Readers agree 'OBG' is "Honest, funny, sincere and different." Subscribe: Send any email to: mailto:obg@aweber.com Visit: http://www.OnlineBeginnersGuide.Com

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That's it for today...

My very best to you and yours. May you live in peace and may you have the respect of your enemies and the love of your friends. Me, I'm still here and the pleasingly plumb lady ain't sung her closing song, and...It ain't over till its over!  

Talk to you next time.

Until then, may all your failures be lessons learned, and your successes runaway hits!

Peace,

Edward (Mr. Ed) Thorpe: Publisher/Editor of 'OBG'
"He who helps the most people - Wins!"

 

 
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Disclaimer: The information herein is presented without the assumption of any liability whatsoever by the publishers and the authors for the use of, or inability to use, any or all, of the information within any references, resources, strategies or methods, either implicit or implied, found herein or at any other referenced source.  Any example is for instructional purpose only.  As with any possibility, or any opportunity, there is no guarantee of outcome... i.e. use this information at your own risk. All represented trademarks and service marks are property of their respective owners.

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