Manage episode 361469791 series 2848350
Even if you love your business, these 3 things will stop you making money
Today we are mixing love and money. It's frustrating when you've built a business based on your passions, put your heart and soul into your products and your services, and then to the sound of the crickets. And there is the sound of the ants and the lizards. Maybe you've been limping along for months or years, not making much money, and you're considering giving up. Maybe you're getting pressure from other people in your life, for example, your parents, your family, or your friends to quit your business and go back to your day job. But before you panic, there might be some practical reasons why this is happening, and we are going to get real on what's going on and how you can fix it. You can have a business. You can have a business you love and make money.
So three things to check in if you are not making a profit from your passion.
Number 1: Is this idea valid for you?
Number 2: Not everything has to be a business.
Number 3: You have to learn to love marketing.
In this episode, key takeaways:
1. Business is an intersection between what you love to do, what you're good at, and what people will pay you for.
2. Do something that fits a good business model.
3. Good at marketing is simply a skill that is essential for all entrepreneurs.
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