4 ms·
Many years ago, I registered some business names at the appropriate county office and set up a business bank account and that sort of thing. I had all the windo
by Mz 10y ago
Many years ago, I registered some business names at the appropriate county office and set up a business bank account and that sort of thing. I had all the window dressing, but no actual business. Never made a dime.
So, I still blog and what not. It is still not wildly successful (in terms of income), in part because my highest priority is still dealing with my chronic health issues. However, I am getting better at things like figuring out what the value position is and also figuring out how it will lead to money.
So, rule of thumb: If you do not have paying customers, you do not have a business. At best, you have a time consuming (potentially expensive) hobby.
Whatever thing you like doing, if no one is paying for it, it isn't a business. Paying customers of some kind are the heart and soul of business. The leather brief case and yada, that is all window dressing.
In essence: Don't confuse style and substance.
- ImTalking 10y agoExactly. In my latest venture, which I have marketed for a couple of months, I told someone that I finally have 1 paying customer and he kind-of laughed. I said the absolute hardest thing in business is to get the first customer that will look at your invoice and sign a cheque. Everything is downhill after the first paying customer. He really didn't understand this.