article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. 4- Netflix. Photo Credit: Jen Wan. 8- Failing at my own business.

article thumbnail

How “False Expertise” Can Damage Your Business—and How to Protect It

ConversionXL

The result of these vulnerabilities is that we hire the wrong candidates, listen to the wrong people, and fail to differentiate our businesses. The “mere exposure” effect helps explain why we continue to push similar songs to the top of the Billboard charts and why high-level brand awareness can ultimately lead to a sale.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Most Challenging Part of Becoming a Freelance Developer.

Software By Rob

A better approach is to focus on your strengths and from there determine the method(s) that will work best to differentiate yourself from every other the freelance developers around the world.

article thumbnail

5 Reasons Why Effective Marketing Makes Your Business More.

Duct Tape Marketing

If indeed you have any vision of selling your business in the future you’ve got to focus on marketing instead of simply focusing on sales. In my opinion, a greater focus on these elements not only creates greater sales, it leads to the creation of a more valuable asset – or something you might indeed be able to sell.

article thumbnail

7 Resistance Crushing Questions Every Business Must Answer.

Duct Tape Marketing

I’m no science wiz, but I’ve always loved the idea of resistance in physics as a metaphor for the kind of resistance many business owners encounter when trying to spark a sale. Many times we can present a solution and price that seems like the obvious and logical choice, but can’t seem to make the sale.

article thumbnail

How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Fund raising (as is much of life) is a sale – pure and simple. As with any sales campaign you need to: Qualify your buyers early so you focus your scarce resources on people likely to buy your product. .

Developer 366
article thumbnail

Even Branding Should Be Agile: An Interview With Base Creative’s Matthew Kinsman

Up and Running

In 2003, Matthew Kinsman was traveling around the world and found himself in Hong Kong. But there are some other steps you can take toward a viral marketing campaign: Prepare to grow: Make sure your web hosting account is ready for increased traffic and your merchant account is ready for an increase in sales. Don’t hold out.

Agile 60