How This Under Utilized Business Strategy Negatively Affects Your Business In At Least Seven Different Ways!
Ever heard the saying, “one step forward, two steps back!” So ‘what” if anything does that have to do with you under utilizing a proven money making business strategy?
Because by not taking advantage of this proven money making strategy (believe it or not) , your business, product and or service, can and will be negatively affected, in at least seven different ways! (And that’s just using addition!)
This post was created to (hopefully) help you avoid that (all too common) mishap from occurring!
How Not To Let This Under Utilized Business Strategy Negatively Affect Your Business!
Just so you know, before you get too lost in the sauce here. The proven under utilized (long term) money making strategy that’s being referred to here is, not consistently “adding value” to your extremely valued customers, clients and or employees or associates lives! As it relates to “how” they interact with you!
Entrepreneur, a ton of your current and future (business) problems, can and will be alleviated, simply by taking the time and consciously making the effort to consistently “add value” to the aforementioned groups!
Conversely, take a look at this (all too common) list of seven negative consequences, that are far more likely to occur, if you don’t consistently go out of your way to “add value” to your customers and clients lives!
1.) Potential negative consequence # one: Entrepreneur, by not not consistently adding value to your extremely valuable customers and clients, you’ve just incrementally and systematically added a ton of totally unnecessary stress to your life!
Think about it! you can’t and won’t sleep nearly as good as you deserve to, because you’re not earning as much money as you could be! So those endless financial pressures slowly start to mount up!
2.) Potential negative consequence # two: You’re sort of systematically forced into having to accept the low paying ( resource draining) type of clientele!
3.) Potential negative consequence # three: It’s really hard to attract your ideal clientele when most of your decisions are based on ‘how” you’re going to pay the light bill or mortgage payment!
Instead of which potential client would give you the most fulfillment and creative outlet!
4.) Potential negative consequence # four: By not consistently adding value, you’ll more than likely be forced to have to compete at the very bottom of the “price war” totem pole! And entrepreneur, if you don’t already know, it’s awfully crowded down there!
5.) Potential negative consequence # five: Here’s another potential negative (waiting to happen!) without more income, it’s practically impossible to consistently hire the absolute best talent!
6.) Potential negative consequence # six: Entrepreneurs it’ awfully hard to grow your business, when you’re constantly dealing with the lower 20% of the resource draining type of clientele!
7.) Potential negative consequence # seven: and lastly, by not consistently adding value to (either) your customers, clients or employees and or associates lives etc. It’s even harder for you to hang onto the best talent! Because your more successful major competitors, can afford to pay them what they’re really worth!
That my friend, is merely the short list! But hopefully you can see ‘how” and “why” the under utilized business strategy of not consistently adding value, can and will negatively affect your business, in at least seven different ways! Any questions?
Please list at least two simple spin off concepts (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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