Tag Archives: Start Business

What Could Your Life Be Like 5 Years From Now?

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I was inspired to write this post because today, June 29 th 2012 is the iPhone’s 5 year anniversary. Now I am not an early adopter so I did not get the iPhone when it first came out, and no I don’t wait in line for things either, but when I purchased my first iPhone I said to myself, “Where have you been all my life! ” I know, maybe a little extreme but I was just shocked at everything the iPhone can do and allows me to do in my business. So, what do you think the iPhone’s impact has been on  the world in the last 5 years?

Happy 5 Year Anniversary iPhone

Some people will tell you it has revolutionized the world and made it smaller and more connected. Others might tell you it has made people less engaged in human interaction and more engaged in themselves and silly games. Regardless of where you stand the past five years of the existence of the iPhone has changed the world and changed Apple as a company. So what am I getting at here? Well, what I want to get across today is that your life can be dramatically different 5 years from now but for that to happen you need to make a choice.

If you want to change the current situation you are in then you have to make the decision today to do that. Although it may be the iPhone’s 5 year birthday the planning for that started over a decade ago. The choices you make and the actions you take today can dramatically change your life 5 years from now. I have said this before and I will say it again it has never been easier to start a business then it is today. Technology and the internet makes it easier than ever. I know a girl who builds Amazon affiliate sites and sells them to people. Her cost to this is her time and she works out of her house. The future is in your hands and if you are wanting to have your life in your hands consider starting an online business. I can’t express in words how thankful I am that I started my online business but it all started with me taking action one day.

So here is what you need to do right now. No, not tomorrow, right now.

1.) Make the decision to start your own business.

2.) Begin with the end in mind. What I mean by that is visualize where do you want to be in 5 years from now. Get specific about it. Don’t just say I want to have a successful business in 5 years, really nail down what it will look like such as, you will employ 10 people, gross $10,000 and have multiple products for sale. The more specific the better.

3.) Build a plan to get there.

4.) Take action everyday that gets you one step closer to your ultimate goal

5.) Never, ever quit!

That is all my friends and I can’t wait to see what the next 5 years brings to you!

Dave

 

Ever feel like a unicyclist stuck in a foot of mud?

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“Grow your business.”

You’ve heard that before. And while you can grow plenty of other things (vegetables, your hair, sea monkeys), maybe the whole idea of growing your business has so far eluded you.

You can get traffic to your website or store. You can make sales. Maybe you can even bank a little profit. But sometimes it feels like there’s an invisible ceiling that’s capping your earnings. And if you could just break through that ceiling, you’d enter a new tax bracket. You’d take your business to the next level. You might even start enjoying a new lifestyle.

But nothing quite works.

You feel like a unicyclist sinking in a foot of mud – you try and you try, but you don’t budge an inch. You don’t move forward or back. You just stay stuck – working so dang hard but not getting anywhere fast.

Until now, that is…

Introducing the iBusiness Owner membership site – your ticket to growing your business!

>>> You can check it out right here:

ibusinessowner.com

This is NOT some irrelevant collection of materials or some basic “how to start a business” information. Instead, these are proven strategies that you can use to grow your business. You’ll discover profit-multiplying strategies such as:

* How to turn more browsers into cash-paying buyers.

* Which kind of products or services put the most profit in your pocket.

* How to generate more revenue on every transaction.

* How to turn one-time buyers into repeat customers that generate hundreds if not thousands of dollars in extra income for you.

* How to expand your market reach to beat your competitors and get a bigger piece of the market share.

And much, much more!

You’ll enjoy learning about and employing some of these strategies from your first month as a member. And every month thereafter you’ll discover still more ways to grow your business.

Bottom line, if you want to see real results – if you want to finally learn how to take your business to the next level – then visit ibusinessowner.com

And do it now, because the sooner you do, the sooner you’ll enjoy rapid growth and increased profits!

Best regards,

Dave McGarry

Are You Making This Mistake With Your Small Business?

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Okay, I am a little ashamed to admit this but I made one of the biggest mistakes that most small business owners make. The thing that bugs me even more about making this mistake is that in business school this is taught almost day one and I still did it. Well, lucky for me I decided to start working with a business coach to help me through some of the struggles I am facing with my business. More on that later, but have I got your curiosity to see if you are making that mistake in your small business? Alright, I won’t keep you waiting any longer. The biggest mistake most small business owners make is that when it comes to figuring out their Break Even Analysis they forget to include into the fixed costs section a line item that has the owner’s salary!

Yes, you heard me correct. Most small business owners when starting out figure that as long as they calcualte and cover all the fixed costs, which typically include things like rent, operations, marketing, employee payroll, etc. that the business can survive and they are making it. Well, after going back and seeing that for the past year all my calculations have been based entirely on just having enough members of my Working Mom Workouts site to cover all the fixed costs minus a salary for me has made me realize that my entire marketing and advertising strategy needs to change. Once I added in a monthly salary for me the number of clients I ned to have paying me a monthly subscription has gone up 2-3x of what I originally projected. So, let me ask you again, “Are you making this mistake in your small business?” If so, don’t beat yourself up over it, in a follow up post to this one I am going to show you how easy it is to calculate your Break Even Analysis with your salary in it, so that you have a true picture of what it takes to have a successful business!

To your success,
Coach Dave