Build Your Profitable Business – Starting Now

Do you ever feel like it’s an uphill battle to build your business so that it’s profitable?

Well, you’re not alone! Most entrepreneurs begin their business because of their passion. Who knew there was so much to learn about how to make that passion profitable, right? I know that business owners everywhere face this dilemma, especially solo-entrepreneurs and those who are service-based (coaches, consultants, healers, etc.)

So just where do you start if you’re ready to stop struggling and begin creating the profitable business you dream of? Well, I’ve got some ideas for you. (Imagine that!) I’d like to outline a step-by-step process you can follow to create the business success you desire.

5 Steps to Build Your Profitable Business

Step 1: Clarify Your Vision

Why is this so important to creating a profitable business? Well, it may not seem obvious at first, but if you don’t know what your vision is for your business you’ll find yourself floundering when it comes to creating success.

By clarifying your vision you create alignment between your personal values, your ideal life, and your business goals. When you do that, you’ll be running a successful business and creating your dream life. You know, the dream life you got into business for in the first place.

Step 2: Claim Your Tribe

Before you can successfully create offers of any kind for your tribe (your niche, your people, your target market) you absolutely need to know who they are, what their problems are and what they want from you. Let’s face it, you can’t create a successful offer if you don’t know who you’re trying to help and what kind of help they want.

At this point it may be time for you to dig deep – deeper than you’ve already gone – to clearly identify how you can best serve your tribe. The result of doing this is that you’ll be able to tailor your brilliance specifically to meet your tribe’s needs – serving them in powerful and relevant ways.

Step 3: Focus Your Expertise

This is where you identify exactly what you’re passionate about sharing with your tribe. You absolutely need to identify and focus your expertise in order to move forward in your business with confidence. Instead of thinking “well, I should just do this because it worked for so-and-so” you identify and focus in on your own gifts, talents, strengths, and passions. Then both you and your clients will be able to see you as the expert you already are.

When you complete these first three steps you’ll be standing on a solid business foundation. And now building your successful, profitable business becomes a whole lot easier.

Step 4: Design Your Programs

With your strong foundation in place you can begin building desirable programs and offers that meet your potential clients’ needs.

Why is this step so crucial to creating a thriving, profitable business? Because you’ve got to know how to share your brilliance in a way that your clients are interested in – in a way that meets their needs and that they’re willing to invest in. How can they understand the deep value that you provide if they aren’t already familiar with what you do and its benefits? They need a frame of reference. They need context. And that’s what your signature programs do for you – help your clients see what you do and understand what’s in it for them.

When you do that well, the programs you create become your signature. You become known for programs that get results clients care about. You will be able to successfully transform the core of your powerful work into a framework that your potential clients understand, are attracted to, and are ready to sign up for. Your signature programs also help your clients more easily achieve the results they desire because you will have outlined a clear path for them to follow.

Step 5: Market Your Magic

By transforming your natural brilliance into desirable programs, you’ve created a little bit of magic. Magic that is uniquely you and that emphasizes what you offer your clients.

It’s time to identify your best marketing options as well as the systems and technical aspects that need to be in place for a smooth launch of your program. As a result you’ll have a personalized marketing strategy for your program that you can have confidence in and actually follow through on. You’ll be in alignment with your values, your program, your clients, and your business goals.

That’s it. Those are the five core steps for building your profitable business.

Just imagine what becomes possible for you in your business once you’ve walked through all five of these steps, taking time to align with your business vision, speaking clearly to your tribe and their needs, focusing your expertise every step of the way, and organizing your brilliance into programs and offers that meet your clients’ needs. This yields amazing results!

Taking action to implement these five powerful steps will (1) result in the successful transformation of your brilliance into your own, unique signature programs that will (2) greatly enhance the one-on-one client work you’re already doing and (3) take you beyond individual client work so that you can leverage your time and energy.

And then what? Then you are indeed building your profitable (and sustainable!) business. And that means you are creating your dream life.

I know that you’re passionate about what you do and that you want to help even more people with your gifts and expertise.

So begin today.

Create the successful, flourishing business you dream of by applying these powerful steps. And don’t do it alone. You don’t have to!

Give yourself and your business future the support needed to grow and flourish with ease.

Advantages of Starting a Non-Profit Business

In today’s job market it is becoming more and more popular to start your own business. After all the only way to true financial independence is to own your own business. When pondering the type to start and developing your Business Plan consider starting with a non- profit business.

The first advantage of starting with a NP organization is that a NP business can own a for-profit business, but it can not work the other way around. There is not any stock of ownership in a non-profit. If the for-profit business wants to have a collaborative non-profit, it would need to register the NP as a separate business entity.

As the NP business grows it can develop any number of programs. The non-profit can even develop what is called UBI, or unrelated business income. The UBI portion of the non-profit can in theory be almost any kind of business activity. For example, many youth non-profits sponsor car washes. The car wash is an activity designed to generate revenue yet is not related to the mission or purpose of the sponsoring organization. If the car wash or other UBI becomes profitable on its own merits it could develop into an independent for-profit business which can be owned in whole, or in part, by the noon-profit.

A NP business can charge the same rate for services and products as a similar for-profit business. A classic example is child day care centers. The weekly fee for child care can be the same for both types of business entities. In addition, staff can be paid at the same rate and receive the same benefits. The difference between a for-profit and non-profit business has to do more with the tax-structure than the amount of revenue earned or salaries paid.

A 501c3 tax-exempt organization is a business corporation, and should be operated like any other business corporation. It is important to have sufficient revenue to pay all the bills, the staff, and to expand into new markets. The non-profit can generate as much revenue as possible and can even carry-over a surplus at the end of the year.

A business model using both a non-profit and for-profit is very strong, especially when their purpose and services are closely related. Not all business consultants are familiar with the non-profit – for-profit business model. You should seek advice from consultants who have expertise in both for-profit and non-profit business models.

How to Start Profitable Business

Do to want to start a business from home? Thousands of people are doing just that, every day. But how do you ensure that your business is a profitable one? This article provides tips for making your business a success.

1. Pay attention to the market to you choose your business in. Many people focus on the product, or how much money they can make, when in reality they should be looking at the market first. You need to ensure that you select a market where people are spending money and then find a good way to capitalize on that.

Some markets do well all year round whereas other markets are seasonal. Anything where people are spending money can be profitable for you.

For example people will spend money on their pets almost before they will their own kids. Selling products to pet owners is just one way to make money. Other profitable markets include golf, work at home, weight loss, and so on.

2. You don’t have to have your own product as there are many affiliate marketing programs offering 50% commissions and sometimes even more. This is an excellent way to quickly become profitable because your product is provided for you and so is just about everything you need to succeed. You will be given your own website, marketing materials, company support, training, and so on.

Selling information products is a good idea because of the market for them. This allows you to be more profitable, plus information products are always in demand. If you focus directly on solving peoples’ problems you are more likely to become profitable quickly.

3. Start your own website or blog and differentiate yourself from other affiliate marketers. This is good advice today because there could be thousands of people promoting the same product as you using the exact same website.

Today people expect to learn about things before they pull their credit card out. This gives you the opportunity to create pages such as review pages that provide information and help pre-sell your potential customer. Blogging allows you to interact with your customers on a level that a website cannot, so that’s a good idea as well.

4. The final point we want to make is you must spend the majority of your time advertising your business online. There are many free or nearly free ways you can do this to help increase your profitability. However you should consider doing paid advertising by reinvesting some of your profits once your business is making sales.

These were four tips for helping you to start a profitable business. An Internet business is a good way to be profitable and a fast way to start too!