7 Out of 10 businesses fail in the first 5 years...
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is your business destined to fail?
If you're like me when I started my first business, you're probably doing it all wrong...
When I was just starting out as an entrepreneur, I had a lot of passion and a lot of hours logged reading books like Rich Dad Poor Dad, Think and Grow Rich...
And hours studying countless other small business resources that made me feel like I understood how to run a successful business.
Well I realized that wasn't the case as soon as I opened for business. Nothing but crickets...
So let me tell you, relying on your idea and passion with basic business knowledge is simply a recipe for disaster!
The Small Business Association, and publications like Forbes and Entrepreneur, have all released studies and statistics on small business longevity and it boils down to this...
Most small businesses will fail in their first 5 years...
The biggest reason this happens is pretty simple...
The mistake is most people start a small business...and not a SMART business...
What is a smart business?
A SMART business is a marketing-centric business built to stand out in the market and systematically generate leads, sales, and profits.
Simply put, a SMART business can survive no matter if the economy is good or bad because it creates the 2 most important things every business needs...
Revenue (Sales) and Cash
It does this consistently using an efficient sales process combined with an effective marketing strategy that brings in leads and potential customers and turns them into clients and repeat buyers.
And the best part is, a SMART business doesn't have to act salesy or pushy. In fact, it is the opposite.
A SMART business builds trust and a brand you and your customers can be proud of.
Unfortunately too many small business owners get this wrong and their dream, their passion, their idea get shattered in the first 2 to 5 years...
If you're lucky to get out of your first year in business.
You struggle to get customers, cashflow dries up, and you ultimately have to walk away from your dreams of becoming an entrepreneur and small business owner.
After that you struggle to become financially independent, and it is off to the Rat Race you go.
As if it couldn't get any worse, you ultimately live a life full of jealousy (of other successful people) and regret (that you couldn't make it work out)...
And possibly the worst, is listening to friends and family tell you they 'told you so' when you first told them you were going to go start a business.
But the good news is, it doesn't have to be like that if you simply...
Start a smart business!
Wouldn't it be nice if you could start a business that consistently produced sales so you never had to struggle with money in your business AND personal life?
You would have more cashflow, more income, and you would never have to worry about business coming through the door.
How much better would your life be?
Knowing your business would predictably provide for you and your loved ones?
Being respected in the community, by your friends, and by your family?
You would probably live life more confidently, have no financial stress, and could live life professionally and personally on your own terms...
The good news is you CAN start a business like that...
Starting a SMART business boils down to following a proven formula used by the most successful businesses and brands in the world...
And if you are wondering if it can work for your 'type' of business...the answer is YES!
The SMART business formula works for:
- Businesses that offer a service
- Businesses that sell a product
- Solopreneurs
- eCommerce businesses
- Brick & Mortar businesses
- Network Marketers
- Professional service providers
- New and Existing small businesses
Bottom line...anyone starting or running a small business today can implement the SMART business formula.
If you would like to join our Free community of SMART entrepreneurs that create businesses that succeed...
Simply click the button below and join us today!