How to Tell if You"re "Doing Your Thing"
Most people would agree, that "Doing your thing," means having a positive cash flow.
If your doing your thing and the money coming into your business exceeds the money going out of your business, well then your doing your thing.
To create a positive cash flow, generate more cash and collect the cash in a more timely manner.
AT the same time, reduce your expenses.
Try to have a plan for you business, and follow through with it.
You can plan to make a set dollar amount of sales every month, but if your plan is not specific on how to keep that goal, the plan is no good from the get go.
It might be a little bit hard at the beginning to see your profits and losses on a continual basis, especially when supply and demand switch up on a daily bases.
Just know as a business owner so your not discouraged.
Another way of widening your chances of "Doing your thing "is to do someresearch.
Go visit stores and businesses that will compete with your business, maybe even a business you admire.
Take note on how they do things and the particulars that their customers are interested in.
Another plus to doing research is that it's inexpensive since you're doing it yourself .
but you can find some very useful information if done properly.
OK assuming you have done these things, now you need to make enough people aware of your product in the most cost effective way as possible.
The purpose of a business is to create and keep customers.
Sometimes, in spite of a successful launch of a product, it fails to pick up sales.
Pricing, market, advertisement, location all may play a factor in this.
Your small business will see success if you, implement a more defined approach in place that keeps you constantly marketing your product and your business.
I would also encourage thinking outside the box and taking advantage of any opportunities that may arise.
In order to be creative and innovative about ideas, you have to have knowledge.
Knowledge is important.
You need to know thousands of things to be creative.
And last but not least, always have a backup plan.
If things go wrong, You could always fall back on something.
I think having a backup plan is almost a necessity because in the end nothing in life is promised so hope for the best and prepare for the worst.
Eventually your dividends will start to grow and that's when you will know your "Doing your thing"
If your doing your thing and the money coming into your business exceeds the money going out of your business, well then your doing your thing.
To create a positive cash flow, generate more cash and collect the cash in a more timely manner.
AT the same time, reduce your expenses.
Try to have a plan for you business, and follow through with it.
You can plan to make a set dollar amount of sales every month, but if your plan is not specific on how to keep that goal, the plan is no good from the get go.
It might be a little bit hard at the beginning to see your profits and losses on a continual basis, especially when supply and demand switch up on a daily bases.
Just know as a business owner so your not discouraged.
Another way of widening your chances of "Doing your thing "is to do someresearch.
Go visit stores and businesses that will compete with your business, maybe even a business you admire.
Take note on how they do things and the particulars that their customers are interested in.
Another plus to doing research is that it's inexpensive since you're doing it yourself .
but you can find some very useful information if done properly.
OK assuming you have done these things, now you need to make enough people aware of your product in the most cost effective way as possible.
The purpose of a business is to create and keep customers.
Sometimes, in spite of a successful launch of a product, it fails to pick up sales.
Pricing, market, advertisement, location all may play a factor in this.
Your small business will see success if you, implement a more defined approach in place that keeps you constantly marketing your product and your business.
I would also encourage thinking outside the box and taking advantage of any opportunities that may arise.
In order to be creative and innovative about ideas, you have to have knowledge.
Knowledge is important.
You need to know thousands of things to be creative.
And last but not least, always have a backup plan.
If things go wrong, You could always fall back on something.
I think having a backup plan is almost a necessity because in the end nothing in life is promised so hope for the best and prepare for the worst.
Eventually your dividends will start to grow and that's when you will know your "Doing your thing"
Source...