How long did it take you? What were your biggest struggles? What were your biggest wins? What’s your margin?
EDIT: 10k per month
How long did it take you? What were your biggest struggles? What were your biggest wins? What’s your margin?
EDIT: 10k per month
I think it took about 3 months. It’s in a service industry that I’d worked in for a 5 years so it knew what I needed to do from day one.
Two pieces of advice.
Only start a business in an industry that you know really well, most people don’t have enough capital to be able to afford to “ learn as you go”.
Be prepared to spend money on marketing. Even 7 years in I still invest at least 1/3 of my gross profits back into advertising.
“The business of a bakery is selling bread not making it” if you don’t know how to sell your product or service it doesn’t matter how great it is.
Great points. Thanks for sharing! How do you spend your marketing budget?
I’d just add that I viewed paying for marketing as “priming the pump” while I also worked on my SEO. I operate in a very small niche so I don’t pay for marketing anymore and all of my leads come from organic search and other online platforms.