Let me tell you a bit about my background first...
My father/uncles from my fathers side started working probably at age 7.
My father/uncles started their own company, when my father was 18.
My father ran 250-500 workers, in his sector of Germany.
My uncles with the help of my father have made hundreds of millions of dollars.
Was it easy? They say it wasn't...I am going to say the same thing, IT WAS NOT.
Well now here is a bit about myself, I come from a family that lives, to literally make money in everything they partake in. My family loves money, and truth be it, I love money as well.
It gives a person a sense of power, and freedom. I love both of those things.
I am what you would call, a web entreprenuer who can't finish squat related to the internet business. I can come up with great ideas, but am not willing to waste money to make them happen. So with that said, I am not a person to be giving e-commerce advice.
BUT, I am also a normal, non-internet related entreprenuer, and yes I am not that old AT ALL, and still do live with my parents...I do not have a job, I do not think I need a job.
But what I do need, is money, and to get money, I make others get it for me...I am the owner of a couple of businesses. Some are small, some are bigger and more income extensive.
Want to make $ 1,000.00 a day selling lemonade, from your lemonade stand? Well, I've done it, some people say $ 100.00 is hard enough, but nope, I think I am one of a very few people who have made that much money selling lemonade around the age of 16.
It takes persistance, you have to have a reason for customers to want to come to you, you have to make them want you. Well that is something everyone should think about, "How can I make the customers need me? or "How can I make the customers come to me no matter what they want?" ...think about the 2nd personal quote...Block the bridge, and make them buy lemonade to get across!
Persistance is something, needed, no matter what, to make money.
I am the Vice President to a construction company per say. If your customers are leaving, figure out why! Figure out what you can do to get them to come back! Well, in my case, I decreased the amount of income, I made, by lowering project costs...
Does this make sense? Charge less, to make more money???!!! Well it does work, and I am currently doing that. This is how it is done...(my explanation) ...if you are getting 5 projects for a projection of 25mill in company income for the year, and did not get the other 4 projects because we charged too much...what do we do? We charge less, so we got those 4 projects, of course since we charged less, we are not making 5 mil in profits from each we are only making 3.5 ...isn't it better to get 3.5mil from a project then it is to get ZERO??? YES OF COURSE IT IS!!!!
Well that is it, I am not sure how my real life example will work out, with e-commerce but ...I am thinking, if you find that customers are leaving because you charge too much...don't you think you should charge less, so you make the most amount of money, possible from all customers...and not lose a single one???
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Well here is something else...
Having opened a syringe plant...where they make syringes for flu shots or anything of that sort, there are just too many hospitals, and private doctors that need syringes, to inject their patients some "medication"...well if I only had the capacity to make 35,000 syringes a day...when some of our customers total need for a 1 month period at least 2mill these customers WALK AWAY...DAM I just lose thousands of dollars!
Well this is once again another reason why people fail at running successful businesses...clients walk off, because you don't full fill their needs...
Well let me tie this all up with my small lemonade business being run over the weekend.
You must be persistent, being persistent will get you father in the long run, you may not like the results yet, but when you keep on trying and thinking of how you can make your small lemonade business successful being persistant with what you need to accomplish is NEEDED A LOT!
Capacity! How in the world was I able to sell $ 1,000.00 worth of lemonade, (each glass at 1$) in one day, or weekend???
First you need a good location, and then you need to be able to meet the demands of your customers...you need to increase your capacity to make money! I DID NOT, sell my own lemonade??? I only bought, already made lemonade, and put it in a glass...and sold it! Well that's a good way to work your capacity issue...just use outside sources...that cost less than what you will be selling something for, so that you make a profit! I can buy 20 small cups of lemonade for I think it was 7$...that is a 13$ PROFIT... from my 7$ investment.
Change your capacity...think of ways to make it efficient and well you'll be on your way to a better more profitable business.
(Note: No trade or copywritten law applies to people younger than 18 years old...just like anyone under 18 can buy a camera today and return it 1 year later, the store can't say, "Ow it's past the 6 months...or whatever they say..." IT DOES NOT APPLY.
HEHE
Who here can say, they havn't tried this AT LEAST Once? I have done it hehe.
Well Not sure if this was an apporpriate place to post, but I think it was, since the name of the thread is Influencial Business...I believe increase your Capacity and Persistence to stay with something is a very large factor of a successful business or lemonade stand!
...Note: Sorry on spelling.
If it was wrong to post here, please delete this post.
Thanks.
