So now that you’ve at least got your gotten your entrepreneurial feet wet.So to speak.
How do you -now- honestly feel, about being an entrepreneur?
One thing is definitely for sure. Being an entrepreneur, is definitely no picnic, correct? No way.
Even so, working for yourself, definitely presents, more than it’s fair share of ongoing challenges.Does it not? For sure.
But at the end of the day, knowing, you’re doing exactly what it takes, (most of the time anyway), allows you the freedoms, most hourly or salaried individuals, can only dream about, correct?
Being a successful entrepreneur, definitely means, you simply have to have a semi realistic idea, of what your ideal customer or clients, total lifetime customer value metrics are.
Otherwise, you’re speculating in a critically important area of your business or service.And if you happen to spend a little too much on initially acquiring your first time customer or client.
And your acquisition costs, actually exceeds the total revenue the recently acquired customer/client will ultimately provide.Well, you know how that movie ultimately plays out, right?
This Is Why You Should Seriously Consider Being An Entrepreneur!
By now, even the most stubborn skeptic, has to acknowledge, the incredible influence, social media has had, and definitely will continue to have on commerce of practically every kind.
Both on or offline, correct?
Because obviously, any influence-r, no matter what the specific niche is.
If they have at least 3 million twitter followers and at least two million Facebook followers.
And they’re own opt in email/mobile marketing subscriber base of 250,000 or more.
When they tweet, post on FB, Instragram or send an extremely time sensitive, opt in email or mobile alert message of some kind, to a specific segment of their constantly growing list.
Positive and potentially profitable things, normally tend to happen.Don’t you agree?
It’s Not Necessarily Which Specific Tools And Or Resources You May Access To Which Ultimately Make The Difference!
Case in point. Take a really close look, at one of my (many) Linkedin power partners.
His name is Shivam Sheoran. And he’s a digital marketing expert and social media marketing specialist.
This Is Why Understand Total Lifetime Customer Value Concepts Are So Potentially Important!
On a recent conversation, (via instant messaging) with Shivam. He immediately demonstrated, he totally understands, the long term potential value, of a satisfied customer, and or ongoing client.
He strategically pointed out.He could easily, lower his initial, one time setup fee, to just $500 dollars or X.
Instead of say, the normal one time set up fee of $1,000 dollars.Then $750 or X dollars per month, to monitor and maintain your account.
(Instead of their customary,monthly monitoring fee, of somewhere between $3,000- $7,000 dollars per month.)
Because his firm definitely has, their own set recurring and or ongoing costs, with accepting new customers, right? Especially, a brand new, first time customer.
After all, his associates, employees and or Virtual Assistants, (VA’s), they’ve got to be paid fairly well too, correct?
This being said. Try this particular train of marketing thought on.
A Proven Track Record Is A Great Asset To Have And Use As A Potentially Profitable Pro-active Marketing Tool! (Is It Not?)
Suppose, using his proven, paid and free, digital marketing strategies and tactics, in general.
And his battlefield tested, social media marketing strategies in particular. He doubles or triples, both my current twitter followers and doubles or triples my Facebook fan following.
(And helps steadily increase my overall conversion rates as well.)
And shows me how to consistently monetize my efforts on Linkedin too.Plus, increases the targeted traffic to my state of the art WordPress blog by at least 30 (or X%) or more per month.
In the next 90 days or less. Of course I, (or you), would be extremely impressed, correct? No doubt.
And do you think, on occasion, you (and I), will enthusiastically spread the word, about his companies proven services, both on and offline? Plus all over social media. No doubt.
Being An Entrepreneur Often Means Creating Your Opportunities! (Not Just Waiting On Them To Appear!)
So he’s more than willing, in a strategic way of course, to bank off growing and nurturing the back end of certain customers/clients long term value to his company.
By leveraging their goodwill, into new accounts, and key introductions, to new potential customers and clients.
Which can consistently generate, his normal corporate rates of X down, in an initial set up fee. Then so much per month. For as long as they remain, an extremely happy client..
Is this proven marketing strategy, really any different?
Than say the local magician, who joint ventures (JV’s) with a local, Mom & pop, family orientated restaurant owner.
And allows the restaurant owner, to offer the magicians services, to individuals.
Usually parents, or legal guardians of kids, 10 and under.
And just for renting a banquet room, for a kids 10 and under party. The magician agrees to perform, at or just above their actual hard cost.
In order to get directly in front of other local parents and or legal guardians.
Are You Starting To Appreciate All The Potential Mini Profit Centers Which Are Currently Untapped!
So just like the extremely marketing savvy magician, Shivam company is more than content, in certain situations, to bank on the back end income producing potential, of their long term sales funnel.
Knowing, positive word of mouth and mouse marketing, is definitely, an incredibly powerful marketing tool to have access to.Don’t you agree?
So for these obvious reasons, (and) so many others. This is why you should seriously consider, being an entrepreneur.Any questions?
(Extremely important note: When you’re ready, for some professional, affordable paid help, consistently getting your business or service, into these types of potentially profitable situations.You definitely know who to contact, right?)
P.S.Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can
apply to your business, product or service in the next 30 days or less!
As always, if you got any value out of this post, please share on your favorite social media sites or tweet this.Thanks!
And if you’re currently registered with either twitter and or Linkedin, let’s get connected now!
And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your gross profits by as much as 25% in the next 90 days or less.
And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)It’s a $97 dollar value and it’s free!
There is SO MUCH freedom Mark if we dive into SO MANY fears LOL. Definitely a certain generous, loving, detached mindset we need to develop, to see success with our business. Life is short and sweet, so dive in, take some lumps and be free. Power post bro!
Yes indeed Coach! Yes indeed!LL!
As per usual, very well said! The thing is, sadly we
both know and understand, only too well!
The vast majority, who see or hear your proven words
of real world wisdom.
For whatever reasons, will either dip their toe end, and before
the effectiveness and or lac thereof, of any proven strategy
can be accurately measure.
They’re off, to give another proven strategy and or tactic,
a half heart-ed try!LOL!
And so it goes for them.Still in all, thanks for![My Profile](data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==)
simply making it plain! It’s so greatly appreciated!
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