Small Business Mastery MRR Ebook

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Table of Contents

Introductory 4
Chapter 1: Skills Required To Run A Small Business . 6
Chapter 2: Small Business Networking …….. 8
Chapter 3: Small Business Startup – The 90/10 Rule ………. 10
Chapter 4: Small Business Mistakes ……….. 13
Chapter 5: ‘Stop the Stupid Stuff’ In Your Business ……….. 18
Chapter 6: Buying a Small Business ……….. 20

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Chapter 1: Skills Required To Run A Small Business

Would you like to run your own small business? Have you an idea for a small business but do not think that you could make it work?

Are you bored of being an employee and yearn to become your own boss? Have you the required skills to run a small business? In this article I look at the type of skills that people need to possess to be able to successfully run a small business.

My name is Stephen Hill and I have been running my own business for around nine years now. Previously I had been employed by a major insurance company and even though I progressed well during my time there, I always wanted to run my own business, to choose my own hours of work and basically have no one to answer to etc.

I am now a speech coach helping people who stammer/stutter to achieve fluency and I also help people to promote their websites as a form of web marketer or web promoter.

I love what I do as it allows me to take my children to school as well as to pick them up from school. I am able to watch their football and netball matches and attend their school plays and other functions.

I am not bound by what hours I work, for example nine to five. I sometimes work late at night when I do the web promotion work but have the day free to relax. This is not to say that I do not work hard, because I think that I do work very hard.

Self-belief is an important skill required to be your own boss. If you have an inner belief and self confidence that you will make the business succeed, then you will have a great chance to make it work. There will be times when during a month you only earn a small amount of money but in other months you should earn quite a lot. Some people prefer to know exactly what their income will be each month and these people may struggle to be their own boss.

Discipline is another requirement if you are to be a success at running your own small business. It is very easy to become lazy and to watch too much television or to have an extra couple of hours in bed in the morning. Even though you may have nobody to answer to, you have to be of the character to ensure you put in the required number of hours and work.

I also think it is important to have a positive attitude. There will be periods when business is slow, this is where you may start to think in a negative way. This can lead people into becoming very stressed and even depressed.

By thinking in a positive way and by working even harder to attract more work is the only way to react in this situation. This of course is not that easy to do but in my opinion, there is not enough time in the day to get depressed.

Lastly is the ability to always try and improve your own self and to learn from any mistakes you make. We all make mistakes which is fine and natural.

There is again not enough time to beat ourselves up over these errors, all we need to do is to learn from them and to then move on. We should always be looking at ways of improving the business as well as our own knowledge. Standing still and treading water is no way to continue.

Chapter 2: Small Business Networking

Small business networking is absolutely critical to your business success. As a computer consultant you are in the professional services business.

This industry is all about relationships and relationships are built through networking.

You will need to make small business networking your priority for the first few months of operations. This is a process that can’t be rushed. You’re not going to go to your first network event and get six clients who all need network upgrades next week. But if you do participate in a small business networking event there’s a good chance that you will come away five or six quality contacts.

Networking for Contacts

Aside from the potential client contacts you make, the beauty of small business networking is that the accountant you struck up a conversation with just happens to have a neighbor whose brother is looking to network his company’s regional office. Or the dentist you were talking to has a similar business philosophy and would probably be a great client to do business with. These contacts are priceless Once you make the contact you then have to spend time following up with meetings, proposals and sales calls. But this time is much better spent than chasing down one-shot clients. Though small business networking you make in-roads with people who are, or who can put you in touch with, the steady clients that will support your business long-term.

Don’t expect to walk out of every event with a handful of paying clients. Do expect, however, to generate a bunch of quality leads and referral sources. These referrals and leads are the crux of small business networking.

Other Details

- 1 Ebook (PDF), 21 Pages
- 1 Squeeze Page (HTML)
- 3 Ecovers (JPG, PNG)
- Year Released/Circulated: 2019
- File Size: 2,955 KB

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