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Successful online business with these two tips

    I had way more limiting beliefs than you can imagine. In this short post, I will share with you two of the most important money-related lessons so you can apply them in your online business asap.

    This is what will make the online business successful or failing.

    For a very long time I denied that it is so and came up with excuses, but now guys I know better and I will gladly share this with you.

    For an online business to be successful it has to make a profit🤯 .

    For an online business to be successful it has to make a profit

    If it is that simple then why it is so hard?

    I will explain why.

    Not knowing your expenses can make your business unprofitable

    If you are just starting out, you haven’t taken everything into account like risks, things that can lose you money or cost you money.

    If you don’t know the exact expenses of your online business then you will not be able to count profit into that and have a successful online business!

    And not being able to generate profit, you will not be able to stay in business unless you have loans, etc to fuel your back.

    Even then if you haven’t calculated profit to be part of your overall expenses then you will not make a profit and will eventually lose your business.

    Don’t get me wrong it is normal to operate for a few years with loss, but it is also normal not to be able to do so.

    Getting even is the next big thing and that will happen when you actually know what you are doing and have a team helping you out.

    If you ask me that is more successful than a business that is operating on loss, but of course, the more money you can fuel bigger you can grow, but this post is not about that.

    To make a profit you will need to count profit in your products and services among salaries, overhead costs, tools, equipment, rent, taxes, etc.

    Being too nice can make your business unprofitable

    Or…if you are too nice and always thinking about others first then you most likely end in a lose-win situation.

    That is not optimal.

    The optimal situation is the win-win-win-win situation when:

    You use other services and tools to run your business and pay them fairly( and help them grow).

    You ask for a fair price for your own products, services, and make profit.

    Your clients pay you fairly and profitably.

    Your clients share good experiences with others and refer to you, and you get new happy clients and this helps you grow.

    This is how everyone wins.

    This is what optimal looks like and this is how a successful online business looks like💕.

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    Wrap up

    Of course, any business has multiple moving parts, I just wanted to share these two small tips that may be stopping you from doing better.

    Make sure you count all your expenses + your own salary + profit.

    If you are too nice, pay attention to it and try to listen and communicate your own needs and boundaries more clearly to others.

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    Thank you!

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