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DiamondTip CRMDiamondTip enables you to meet and exceed your revenue objectives by giving you a complete sales management package that includes CRM, Sales Metrics, and best practices in Business to Business (b2b) sales that show you how to make the most effective use of these tools.
The
number 1 killer of all new businesses in their first year is lack
of sufficient revenues.
About half of the business started fail in their first year. Failure typically means that the entrepreneur has run out of money and has to look for employment as the source of income.
Most first-time entrepreneurs run out of money primarily because they underestimate the amount of time and effort it takes to get from zero to the number of customers they need to meet and exceed their cost of doing business.
The typical scenario for first-time entrepreneurs goes something like this. They get a great idea that fires them up. They talk to friends and family who tell them that it is a great idea. They continue to dream and think about it for a while. One day, they decide to start their company, perhaps because they got laid off and exited with a decent package, or perhaps their crazy and inept boss finally drove them to quit. So now they are their own boss and it feels great. They get their business license and go on a buying spree-new computer, printer, a desk, chair, stationary, website, even join their local Chamber, you name it.
However, nothing much happens in the first month, nor in month two, or three…
In the mean time, EACH MONTH, bills have to be paid. Money goes out, EACH MONTH. Their savings, which had looked like a lot of money when they started out, now is approaching zero at an alarming rate.
If the entrepreneur is married, the story is even bleaker. The spouse begin putting pressure on the entrepreneur to quit fooling around and find a job. At this point, the entrepreneur is already starting to lose heart, and in most cases, that will do it. The entrepreneur quits. Although it is hard to get good reliable statistics, anecdotal evidence suggests that it will be several years before this entrepreneur tries again.
Don't let this happen to you.
The remedy is relatively straightforward. Start selling from day one. Don't wait. You don't have time to wait. Start selling as soon as your last source of income stops. Don't worry about computers, stationary, business licenses. Sure, you will need these, but don't spend money until you have figured out how to MAKE money. Then start selling right away.
The DiamondTip complete Sales, Marketing, and Community building package costs only $10/month. Set aside $20 and try it out for 90 days. The first 30 days are free. Register right now and give it a try for free.