Secrets of small business to make it grow

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One of the secrets of making a money is to get a job and work for money, it is how “poor” people's mindset. On the other hand, “rich” people's mindset is different, they are thinking to build a business and let the money works for them. These thoughts are based on the book entitled “Rich dad, poor dad” written by Robert Kiyosaki.

However, it is difficult for a simple person to make their business grow but we can do it in a long time process but worth it once you did it correctly. There's a lot of things that you can do to make your business grow and make more money so you can buy your needs and wants, help other people and donate some of it in the charity.

In the end of this article, you will encounter the following:

  • The more you give, the more you will receive!

  • Bring your customer's friend and relatives!

  • Advertise it in social media

  • Promise the things that you can only do!

  • Be unique!

The more you give, the more you will receive

This statement doesn't a direct to the point, it doesn't mean that you will donate or give your products and service to the customers. It simply means to give them a discount where both of you will not be disappointed. How about giving them a 10% discount every $20 of purchase, right? This strategy is common even a big businesses and I can say that it is worth it!

People will immediately buy the product once they heard the word “discount and sale.” In my own perspective, the business who have a small profit can produce more product because the consumers are buying their products from time-to-time. My point is, don't sell your product in a very high price because a norma person may not afford it.

Remember, there is no dollar if there is no ¢ents. Every small pieces will be a big piece once you combined them. The more people buys your product, you can easily get a profit from it.

Bring your customer's friend and relatives!

This is one of the strategies that is also effective on businesses. Are you familiar on the statement, “Buy one get one”? then this is what I am saying! You don't need to ask your customer to bring their relative and friends, you will give them a reason to bring it!

When someone seen a sign like “buy one get one fore free” they tend to bring a buddy that will get the free one especially if your product is a food! Trust me, it is effective! In this case, your customers will expand and increase your revenue.

You can also use the word FREE to encourage more customers because this is the saddest truth about people, being greedy because of the free! Or maybe just being practical? Hmm.

Advertise it in social media

The technology is continuously growing in our society and this is the reason why you should advertise your business in social media. According to statistics, there are 2.85 billion monthly active users in Facebook as of June 28, 2021.

Imagine these 2.85 billion people and you paid an advertisement for your business, it can be seen by 1/3 of these population depends on your investment for advertisement! It is not bad, but you should consider its appearance to get more audiences, study the psychology of colors that is related to advertising.

Take note, there's a lot of social media out there that you can use and this 2.85 billion is just a Facebook users all over the world! How about Instagram, Twitter, LinkedIn?

Promise the things that you can only do!

Business is different from politics, as what you remember, most of the politicians love to promise the things that they can do for their campaign and encourage the people to vote them but once they won in the election, they will immediately forget their promises. Unlike business, it is hard to make a promise that you cannot do because your customers can give a negative feedback against your business.

Thus, always remember that business is more on reputation that you need to care because once you have a negative feedback, it is possible that it will create a domino effect to your partnership.

Be unique!

They said that following the trend is one of the best strategies in business, it is undeniably true! However, in business you need to have less competitors to get more attention from your audiences and consumers. Hence, the best thing to do is to make and create a unique idea that will be trend and viral once you release it.

How is this possible? Observe your potential consumers, and ask yourself “What are the things that they love?” In this case, you can provide what they want. To make your idea on top of the list, it is great to include it in your advertisement. Promote your business and it will grow! There is also a chance that other companies will follow your idea but the original is always the best at all.

Conclusion

In business, we don't need to rush the things because it will only create a chaos. The best thing to do is one step at a time and make your own ideas that will trend on the potential consumers.

Business is not a race, it is about having a strong foundation to make it grow and successful. In the end, you are the one that will build an empire that will help your business grow and be on top of the companies!


Source:


Published: July 1, 2021

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Comments

Sa place namin hndi mag gogrow ang business dhl sa relatives 🤣🤣 utang, balato. Ganern..

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3 years ago

Awit hahaha kaya ayoko din magbusiness dito samin ganan din nangyayari. Yung e-load ko nga nauutang pa.

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3 years ago

Kya tindahan ni mama lage lugi 🤣

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3 years ago

Hahaha mama ko nga din gusto magtindahan kaso sabi ko wag na kasi puro utang lang mangyayari

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3 years ago

It really needs to be unique make your own brand and recipes and not just because it's still not yet known in your place tho it's good and profitable at first but not in long term.

We have a family business a few months ago, the product isn't that popular in our area that time, not even heard any of it before 'til my mom propose that she'll make a business out of it. It's very easy to produce and has also simple recipes but turned out really good and very profitable. But that idea of "easy and simple to produce, low-cost recipes and high possible income" backfired after 4 months when it gained popularity. A lot of competitors came out and our family business got overshadowed.

I guess we somehow succeed to be unique and created a trend but failed to make our own brand haha

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User's avatar Oz_
3 years ago

That's business, the ideas will always stealth by other competitors. On the other hand, you still succeed but the greediness of your competitors are the problem.

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3 years ago

Planning to have a business soon. I'm certain these tips could help. ☺️ Very helpful.

$ 0.02
3 years ago

Thank you for the compliment:)

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3 years ago

So i'm a poor minded person who thought that Jobs can build me up 😅

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3 years ago

Hmm, according to the book poor people are thinking the same way. So better to change your mindset! I recommend to read the book that I mentioned on the article:) Thank you for reading!

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3 years ago

I have never got a chance to read rich dad poor dad. But when I read your article, I git some points.

Hope someday I will go through it.🤗 thank you, I will take it as a review.

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3 years ago

Oh man! You are losing the opportunity to learn financial literacy, it is worth to read😄

Thank you for passing by!

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3 years ago