7 Ways Entrepreneurs Unknowingly Leave Money On The Table
#4 is the strategy most people don’t apply, losing millions of dollars
I almost gave up on my first attempt at building a business.
I was chasing the wrong metrics and it took me 483 days to see this.
If you want to build a positive cash flow business today, the only goal is to reach revenue generation as soon as possible.
Even venture-backed businesses in today’s environment will see higher chances of success if they can prove their profitability quickly.
The focus should be on selling, upselling, more selling, and social selling.
Unfortunately, so much of what I was doing as an entrepreneur left a lot of money on the table. Money that could have been a game-changer for us.
Money that cost my business, Geeks and Experts, tons of lost revenue.
If you are a solopreneur, bootstrapped founder, consultant, or venture-backed startup founder, you are leaving money on the table if you aren’t:
#1 Following up with your leads
Most sales don’t close after the first touchpoint.
Put yourself in your potential customer’s shoes and see how busy life gets.
