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RE: CTP Chat For May 6th 2021

in The CTP Swarm4 years ago

To quote Daymond John "The Power of Broke" watch your pennies and be as creative as you can when looking to fund your new business. For example there will always be a shiny new internet platform that for $300 monthly will give you all the tools you need. These programs a okay but never for the beginner. Beginning you will want to find the thriftiest solution possible i.e. my tool bag consist of Autoresponder, CTP (upgraded), CTP Inner Circle, Domain w/hosting, Listnerds (upgraded) My business costs are less than $100 a month.

In the first 6 months of your business working capital is crucial. You will want to keep reinvesting your profits in order to grow your business. Make a strict budget and stick to it. Only allow it to grow as your profits grow. No where every penny of your money is spent. Daily Bookkeeping is a necessary evil of being in business :-)

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That's something a lot of people seem to refuse to think about....the timelines.

Telling someone that it'll take more than 6 months to build a business....Is almost frowned upon lol