Business Success | Doing It Right & Doing It Wrong

When I started my first ever business at the age of 8 years old, I accidentally did something totally wrong and something totally right.

It was my idea to rent out, or even sell, the many many paperback story books I had already accumulated from older relatives, second hand shops and jumble sales.

I started well, planning out how to keep track of who had borrowed which book (modelled on the already successful methods employed by my local library – why re-invent the wheel?) and I’d gathered all the necessary equipment, including a John Bull’s Printing Kit to date stamp the books, albeit a touch on the slow side, due to having to manually change the numbers each day!

We even had premises, the under the stairs cupboard was requisitioned, in spite of my fear of the feather duster, but this was not my main concern because I had already decided I wasn’t going to man the shop, my trusty assistant Heather was!

O yes! One of my more clever moves was that I recruited my 6-year old sister, Heather (now an international opera singer and still dining out on the story!) on a payment-by-results basis and the plan was that I was going to go out around the local playgrounds marketing my new book-lending business, while Heather waited patiently under the stairs, reading the merchandise in order to better demonstrate the pleasure to be gained from any loan or purchase.

One of my LEAST clever moves was not doing any market research, particularly NOT finding out whether there was a ravening hungry horde of kids looking for my solution to their problem or challenge….

Because there wasn’t.

I was the only asthmatic, fairy tale crazy, reading-mad child locally – the rest were very busy having fun outdoors and they wanted to read LESS not more!

O dear.  Duh!

I sorry to say that this was only the first of many, many businesses that I started on a whim, on the back of a good idea, that I got going BEFORE I tested the market or found out if there was a demand.

At the Money Gym, we firmly believe that setting up a part time business (NOT a part time job, note!) can be one of the easiest, quickest first steps you can take in increasing your income.

But we want you to do it right, so that you can answer the most important five questions any business owner must know off by heart.

Do you remember those questions from yesterday’s video?

Well the good news is that today’s video will reveal a secret weapon in the armoury of any aspiring business owner or consultant….

Would you like to find out what that secret weapon is?

Well either hit this link and put your name and email in (even if you have done it before, it will take you to the right page)

http://www.themoneygym.com/silverelite

OR

Visit the Money Gym video page if you have bookmarked it before!

And don’t forget to tell us what you think of Money Gym “Video 5 – Footsteps In the Fog” by commenting at the bottom of the page.

Warm regards

Nicola, Judith, Steve & The Money Gym Team

p.s. Every comment could be a link back to your website, remember, and that’s a GOOD THING!

Watch the videos, comment and get your link by putting your name and email in here http://www.themoneygym.com/silverelite

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This post was sponsored by Money Gym Gold – the only 1:2:1 coaching programme that has been making millionaires since 1999!

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Reset To Zero – tune!

Something for the weekend?

Here’s a marvellously modern tune with a great retro feel….think “Valerie” by the brilliant Amy Winehouse or “Mercy” by Duffy….if you liked those, you will love this…now do I bring you the best tunes or what? Presenting Anthoney Wright for your pleasure

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