Build A Profitable Business: 10 steps you can take to build a profitable business - FREE ON KINDLE ONE DAY ONLY!
50% of businesses fail in America, but many of these failures could have been prevented. The U.S. census data shows that 48.8% of businesses are small-to-medium size businesses after five years, 1.2% are growth companies, and 50% go out of business. Inside startup ecosystems, the out-of-business rate moves from 50% to 90% according to a recent article in Forbes by Neil Patel.
“Build A Profitable Business” was written to foster a dialogue amongst American entrepreneurs about the causes of businesses failing. “It’s about finding solutions to the greatest struggles entrepreneurs face in building a local business that creates jobs and lifts the economy by generating wealth that stays local.” stated author Derick Thompson.
Thompson writes from his own experience as an entrepreneur building profitable businesses; most recently StartupRunner which caused him to walk through each step discussed in this book over the past three years. Derick shared, “there are 10 essential steps you can take today to build a profitable business that lasts.”
10 steps you can take to build a profitable business:
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Figure out where your passions intersect with a customer’s need.
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Commit to being a customer focused entrepreneur.
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Learn how to listen to your customers.
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Define the value you want your business to create for customers.
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Discover the value customers want your business to create.
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Pick a primary value proposition for your business.
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Identify a beachhead market of customers.
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Focus on your beachhead market of customers.
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Create a repeatable business model.
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Stop building a business that won’t be profitable.
Available as a free download from Amazon September 23rd, 2016!
Leave an honest review of how this book helped you build a profitable business.
https://www.amazon.com/Build-Profitable-Business-profitable-StartupRunner-ebook/dp/B01LZR0TVD