Entrepreneurs are creative people. What are the tricks of
the trade? If you are in business, follow these steps. If you want to go into
business again I say follow these steps. No longer can you depend solely on
your 9-5 as your only source of revenue.
1.
Everybody needs money and capital. Some sources
are SBA, www.Kabbage.com , www.Lendingtree.com, www.AccionNews.org
2.
Be flexible to change. What is your credit
rating?
3.
A brand can create multiple streams. For
example, Brand X can create t-shirts, eBooks, online seminar and host events in
exotic places. Can we say Jamaica?
4.
Money can be tight at times; therefore, you
might have to negotiate with your vendors and client. Remember you don’t get
what you want; you get what you negotiate in life.
5.
Watch your cash flow. Never let your invoice go
past 30 days. Know what and when your money is coming to you.
6.
Always focus on your customer’s needs. You might
be the best in your field but someone else can and will do it better. You must
be on point and take nothing for granted.
7.
Current customers are the best referrals for
future customers.
8.
Market your company or brand continually on
social media as well as other outlets. Attend conferences and seminars.
Visit: www.JamaicanDiaspora.com
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