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One Minute Business Checkup

It’s so hard, I feel like giving up!

I haven’t met a business owner who hasn’t had this experience sometime in their life so if you’re feeling like this today then you’re not alone.

Thousands of business owners have felt like this and often for very different reasons.

Here’s a few examples you might relate to:

  • Cash flow is just not flowing because customers won’t pay their accounts.
  • Staff are leaving and you feel as though no one is left to help you.
  • Technology is great except when it won’t work and you feel hostage to it.

So what’s the answer!

There is a well known saying ‘The night is always darkest just before the dawn,’ which is true for all of these circumstances.

If running a business was really easy then you’d probably find more people who were doing it.

Think about this:
When you’re half way up a mountain and feeling tired don’t look up. You’ll only feel discouraged at how far you’ve still got to go. Look back down the mountain and encourage yourself with what you’ve already achieved.

When you feel discouraged it’s time to look back at everything that you’ve achieved to date.

From experience I can tell you that it’s not until you have achieved a few things that you’ll feel discouraged and want to give up. In the early part of your business you’ll be so pumped and motivated that you’ll have no need to reflect.

It’s only when you have been on the road and achieving quite a lot does it seem as though everything is too hard and you want to give up.

So what’s your experience on this?

When do I know if I’m pouring good money after bad?

The key to success is to get things right more often than you get things wrong, and an important element of this is recognising when something is not working and cutting your losses so you don’t throw good money after bad.

Today Andee looks at three situations in business where many people throw good money after bad. If you are caught in any of these situations we suggest you take a long hard look at what you are doing and consider a change of strategy.


The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from the Rye Back Beach and answers the question ‘When do I know if I’m pouring good money after bad?’

The seven ‘touches’ required for a sale.

How hard is it to get a person to move from being a completely cold lead to a raving customer?

I don’t know about you but it seems to me that it is getting more and more difficult to convince people to buy quickly because they have so much choice and also there are so many marketing messages that people are exposed to today.

I have previously spoken about ‘two step’ versus ‘three step’ marketing and it is this longer process which means that as business owners we are faced with more ‘touches’ for potential customers before they are prepared to respond to one of our offers and buy.

Now you might be asking what are the seven touches?

Are you saying that every customer must have seven touches before they will buy?

Seven touches is the number that I use when thinking about how I’m going to bring a cold lead through the process to a raving customer.

I know that the touches can be different for different situations but the most important thing is that I’m thinking a significant number before I can expect any revenue.

Now let me ask you this. Could you justify seven ‘face to face’ meetings before getting a sale?

Think about how difficult it is to set up a face to face meeting when someone doesn’t want to meet you.

This is an expensive way to go from both a Time AND Money perspective.

So there has to be a better way!

If you think about it, the first few touches are much better being done in a digital format.

Customers can research information that you provide them in a non confrontational way.

No one wants to be ‘sold to’ and therefore engaging them digitally can have a far better effect of warming a customer than the awkward nature of a face to face meeting when the potential customer is just not ready to buy.

What’s your experience on this?

Why does it feel like I’m squeezed all the time?

If you have been in business for any length of time you will know what it feels like to be under pressure.

Today Andee discusses three primary sources of pressure for owners of small businesses and gives a key to help relieve this pressure.


The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from Cape Schanck and answers the question ‘Why does it feel like I’m squeezed all the time?’

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