by Cassie Howard | Jun 10, 2020 | Business Basics, Making Money |
I’m a forever student who loves to learn. Over the past 5+ years, I’ve learned so much about business I could write a book about it (oh wait… I did). Truthfully, I believe that anyone can start a business. But I don’t believe that most people can run a profitable one. It took me multiple companies and multiple years (over 15 at this point) until I finally learned how to successfully run a company that is profitable (meaning it leaves money in my pocket at the end of the day). Here’s what I’ve learned: 1️⃣ Relationships are key. If you don’t have strong relationships, your business will fail. Guaranteed. Businesses are built off the backs of strong relationships. Relationships with your audience are key. Relationships with your team / employees / contractors are key. Relationships with your clients & customers are key. Relationships with your network are key. Cultivate strong, positive relationships with these people and you’ll find that your business runs better, makes more money, and gets better results for you and your customers. 2️⃣ Pay yourself first. You are the most important asset in your business. If you’re not taken care of, the whole business falls apart. This is why it’s critical that you pay yourself before you pay anyone else. I recommend paying yourself every week, or on certain days of the month. Even if it’s just a small amount to start - get consistent. Don’t pay a single bill or expense until you pay yourself. 3️⃣ Consistent, daily value pays off. Make it a habit to give consistent daily value to your audience every single...