One of The Great Marketing Lies You Need to Steer Clear Of "It Takes Money to Make Money!"
Nick James
Ever heard this
ever said this to yourself
"If only I could get MORE money for my business, I'd be flying high"
"I've just got too many things good things to do, if only I had more
money to make them work"
"I just need to get my business
loan going and I'll be up and running and in the money pretty quickly
my cashflow's really weak just now, I just need another pile of money to get
things happening
"
Quite honestly, hurling unearned money into a business enterprise in
order to get it revving, is a sure recipe for failure. It's not the money
that'll help you succeed. Let me repeat, it's not the money.
What most businesses suffer from is a lack of ideas. And, for those ideas to
be acted on and implemented. If it were the case that the more money a business
has, the more successful they'll be, then all of those high spending companies
with deep pockets should have prospered majestically through the 'dot com
bust'.
Of course, that wasn't so.
The problem with the 'we need more money' attitude for the small to
medium sized business owner is that because of seeing how much the big companies
are spending in order to get their profits cranked up, the small business owner
feels the urge to do the same.
WRONG
And that's precisely the reason 80% of small business operators are NOT
in business within 5 years. They've just blown themselves up with the "It
takes money to make money" lie.
For the small business owner, there are plenty low cost to no cost methods
that can boost business. Money is not the primary issue here. What is, is the
lack of recognising these income generating tactics and ideas.
Imagine a business owner stumping up £5k or more for Einstein looking
search engine optimisation techniques or for having a spinning, whirring flash
presentation on their website
Where instead
For very little or NO money, they could be doing any of the following:
Submitting articles to the relevant ezine and article directories
creating
blog entries that'll automatically get picked up search engines
writing
joint venture letters to prospective partners for a mutual profitable arrangement
setting
up an autoresponder sequence or creating an electronic newsletter (ezine)
sending free press releases
arranging to speak for free or for a fee
making comments on relevant forum sites related to your particular area of expertise
All of the above are little to NO COST methods to ramp up your marketing.
You can do it all yourself. You don't need a pile of cash or a business loan
for any of the above.
And, if you're looking to really break the bank with say, 100-200 pounds or
so, you could add audio and video to your website.
Can you see how the 'it takes money to make money' will continue to
be a truth for you until you get an alternative point of view. I hope I've given
you an alternative to the above.
And, I know it may have crossed your thoughts about the fact that you may find
it somewhat tedious, time consuming, a pain at times to think of the writing
skills you'll need to own in order to get all of the above cranked out
the blog writing, the ezine content, the article writing, the autoresponder
content, the press releases, the joint venture letters to prospective partners
Certainly you can learn to do it all yourself. You'll gain an immense sense
of satisfaction and achievement when you're able to do so. You can go to the
copywriting section
of the members' website to get you up to speed on all that.
Or, you can hire outside help to get the job done for you. And, that's where
the wise money may get distributed to. And if that is the case, then you know
exactly what you are doing with your money, what you'll be getting for your
investment. There's no guesswork or no praying, wishing, hoping good things
will happen for it's very easy to lose track of all your spending on making
your business mor profitable.
On the other hand, diverting money to enhance your website with time consuming
graphics and flash; spending a bundle on complex search engine optimisation;
spending time, money and effort on backend and future product marketing is not
going to give you immediate impact and results for the investment you painfully
have put forth.
Concentrating on the little to no cost marketing activities and strategies
will be the best cash injection you can give your business.
Why not see which strategies and techniques you are going to get done today,
tomorrow and for the rest of the week. Once you begin to focus like this, you'll
soon see sales at your website that you may not have got before if you didn't
see this article. The resulting profits can then be reinvested back into the
other more sophisticated, elaborate marketing techniques and strategies we talked
about earlier.
And, the fact is, if you can make a business work without the need for a pile
of unearned income - loans, favours, gifts, etc, you most certainly can create
a profitable business with outside monetary help.
You see, once cash flow is revived with a big loan or investment, fresh thinking
and creativity, stops. It acts as a pacifier. A safety net. A buffer to stop
the creative flow.
And that's dangerous.
As a small business or home operator, you need to be constantly on the entrepreneurial
look out. You need to be alert at all times for you can never be entirely sure
where your next big business breakthrough will come.
Marketing your way out of a crisis is one of the biggest skills you can have.
And, when you learn to think this way and apply yourself in this most rewarding
of disciplines, you will find that there's really nothing much you cannot do
when it comes to ensuring the profitability of your business enterprise.
And you'll be able to stomp all over the crushing lie - the one that says that
you need money to make money - the very same one that has made many a business
owner - online and offline
bankrupt.
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