Is Your Business Real?

No matter what type of business you have, are you taking it seriously?    

Here's a few tips from David Bullock for knowing if you have a real business or simply an income opportunity (hobby):

image courtesy Microsoft.com

• A business has its own clients/customers
• A business is not dependent on one channel for traffic
• A business can be sold later
• A business can run without me
• A business needs people working it (whether you call them employees, contractors, outsourced vendors, etc.)
• A business needs infrastructure (financial, marketing, customer systems, etc.)
• A business has "flow", a way to sustain a level of income
• A business is scalable

 If what you are doing does not fit with the statements above, then you don't have a business.

If you want a real business, focus on connecting with people and learn what they want from you. Then provide it.

Use the Internet as a vehicle to connect with these people. David says, "do things that are beyond business as usual." Find ways to create meaningful connections with people to grow your business and keep it moving forward.