Our real world business has brought in over 1.25 million over the 3 yrs and we only started with a small $20000 loan. We have a flower shop so we have a bit of everything--services, retail, e-commerce and products. We started with a customized approach and are moving more towards products. Any advice for my situation. Good news is we have customers and we have revenues, but we are working harder and still not building any cushion. We are a small staff of 6 people.
The question you need to be asking is: How do I change the business itself so that it gets more efficient?
The act of running your business has to make your funnel better - and this is what you need to figure out.
Without knowing the intricacies of your business it's hard to guess - but you need to evaluate the distribution of your customer base, because it could be that there is no clear path between the early adopters and the early majority across each of your value propositions - and this is why you're not growing. Happy to chat further
Answered 11 years ago
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in