Comments on: Why Your Business Isn't Doing As Well As It Could Be

By: The Money Man

The Money Man — Fri, 29 Oct 2010 23:04:32 +0000

Dang making cash with no job has always on the occasion been so difficult; most of the time I purchase some e-books and make money from those. But they get extremely expensive! Trying to make money without any sort of job experience is even harder. Some ebooks is just worthless, despite that this post really taught me a lot. Great Information!

By: Mark Dacoron

Mark Dacoron — Thu, 11 Feb 2010 18:39:31 +0000

I like your ideas and how you relay them. I am looking to start doing something to get me out of my 8-5. Check out my site and give me some tips on my blog.

By: blackkitt

blackkitt — Mon, 16 Mar 2009 17:09:25 +0000

Just found your site recently and I’m impressed with your information (as well as your success). Are you still planning on launching hardworkingmillionaire?

By: suzan

suzan — Fri, 23 Jan 2009 22:46:12 +0000

Andrew, sometimes taking a lower rent is not the way to go when it involves a business that needs alot of foot traffic to suceed. I myself owned a store that was in a mall with lower rent and lower foot traffic. I moved the store to a higher traffic location 4 years later that had higher rent but it was worth it in the long run. Until you can get out of your lease, I would suggest handing out flyers outside of stores in the mall and maybe offering some higher price point items along with the others for example. Your partner can handle this while you look for a job to get you by until business picks up or you are in a position to move. You can also hire a teen to hand out the flyers for you.

By: Andrew

Andrew — Fri, 05 Sep 2008 02:14:48 +0000

Just recently opened up a quick serve snack franchise business in a inline mall. When doing the due dilligence, knew the mall was smaller and less traffic but was reflected in a lower rent. First few months projections where about 40% lower than projected (good first month, and tappered off in the next two, but picked up for back to school in august). Our brand is pretty strong, but we also have another established type of franchise right next to us doing 40% more revenue and foot traffic. We have a loyal following so far, but we need to do more volume and the mall doesn’t seem to have enough foot traffic.We are breaking even without taking our own salaries, and my partner is working there full time as I am looking for a day job (seems very hard lately), to try to support the us and two small kids, while doing the administrative paper work for our store. We spent 200,000 from home equity to build to store. We do have enough savings to last about 1 year at this continued pace.

1)What should my priority be, the business or a day job search?
2)Sometimes you put in a lot of effort and the rewards is hard see, when do you know is the time to give up, or you never give up? We do have a good loyal following and niche, but since price points are usually low for our snack products, we need to do high volume and people don’t go there mainly just to eat snack (usually an impulse buy)?

By: Fabio Platero

Fabio Platero — Sat, 16 Aug 2008 23:22:19 +0000

In 1975 the Federal Trade Commission accused and sued Amway Corporation for operating as an illegal pyramid. After four years of litigation the court ruled that Amway’s multi-level-marketing program was a legitimate business and not a pyramid scheme.

Perhaps there was a time prior to 1979 that someone could say, “MLM is a scam! It is an illegal pyramid scheme!” And they might have been correct because MLM hadn’t been tested and adjudicated in court. But since 1979, only the uneducated can claim that the MLM industry is illegal.

This does not mean that ALL companies that claim to be an “MLM company” are legal. But, the INDUSTRY OF MLM IS LEGAL.

By: Web hosting blog

Web hosting blog — Wed, 23 Jul 2008 20:50:26 +0000

Wow!! really gave me some nice tips…will definitely use it!

By: Matthew

Matthew — Fri, 22 Feb 2008 11:49:23 +0000

I recently called a training company to do some MS certifications. We had a good chat the first time but they wouldn’t leave me alone and kept setting dead lines saying “If you don’t sign up now then you will have to wait a lot longer to do the course”. I got the impression they just wanted to close that sale and take my money rather then think of my personal welfare, so I told them where to go.

What you say is true. This was a classic example of them thinking of them rather then me first. Had they given me a list of course dates to choose from I would have said “I will take the one in March” rather then being forced in to taking the one in 2 days time. I would have signed up there and then for March had he not been so persistent in getting my bank details.

By: ericabiz

ericabiz — Tue, 05 Feb 2008 07:15:07 +0000

@Matt – Thank you for starting off the discussion! I think this post is named poorly… I’ll probably rehash some of the content later in other blog posts.

“Me” is what I named the default category…so, yeah, I should probably go back and re-categorize most of those old ones.

I’ll definitely be blogging more about how folks can make money by doing what they love. Keep subscribed — I promise you won’t be disappointed.

-Erica

By: outsource staff

outsource staff — Mon, 04 Feb 2008 11:54:43 +0000

Nice post!

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