It’s sad when any business doesn’t make it and ends up having to close. But especially when you get to know the owner who’s trying to make a go of it and has invested everything he has into making the space as nice as possible for his customers.
But there’s one business principle that is the basis for the success of any business that you must follow. It doesn’t matter whether you’re Amazon or the small ice cream parlor down the street. It’s the same for both.
In this week’s edition of Mike’s Money Making Minutes, I give you that one principle and how to get your specific answer to the most important question you need to ask yourself before opening up that second location, adding that new revenue stream or dumping a bunch of cash into creating a new product that you think will sell.
Entrepreneurs beware.
Video highlights:
00:40 The only question you need to be asking yourself in business.
01:51 The first mistake this business owner makes.
03:34 The third mistake, and this wasn’t his fault.
04:15 Wanna build lunch business?
05:22 How to find the answers to your most important question
Need help answering the question of what your customers really want from you and what they honestly think of you? Your strengths and weaknesses.
How about what they think about you compared to your competitors?
Or what they think about your competitors?
We can tell you where you can get all the information you want about what your customers think for FREE!
Click the button below and grab a slot to meet with a DFY Marketing Pro who will find the answers to these questions you desperately want to know.
Michael Thibault
Known as “The Done For You Marketing Guy for Restaurants.” International Speaker on Restaurant Marketing. Published contributing author of 4 Marketing Books. Industry expert on Google Searches and Review Sites. Recovering Independent Restaurant Owner and Caterer of over 21 years. And, all-around good guy.
