The Cliff Ravenscraft Show — Where Strategy Meets Soul

512 – Why Most Online Businesses Are Not Responsible or Profitable


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Recently, my friend, Tammy Adams, provided a question for me to use as a topic for one of my YouTube VLOG episodes. However, when I started to think about how I would answer her question, I knew that the length of time that I wanted to spend answering this question, would make this better suited for a podcast episode.

Tammy's question was… “What do you think is the #1 reason people struggle to get their small businesses jump started and earning a decent income?” I share what I feel may be the top five reasons in this episode.

Here are a few reasons that I can think of.

They feel uncomfortable charging people money for something that comes so naturally to them. They feel that their “gifts and talents” should be offered freely to others.

They don’t feel confident in charging ENOUGH money for their products and services to allow them to operate a “profitable” and “responsible” business.

They have not been able to find the INTERSECTION between the MARKET PLACE and their gifts, talents, passions, experience, and areas of expertise.

They are too focused on where they are going to earn their next dollar and take little, to no, time evaluating where they want their business to be in the next five to ten years.

They failed to prepare for the fact that running a business requires more time than just doing the “activity” that generates their income.

I have other podcasts that might be of interest to you. See my list of shows at http://CliffRavenscraft.com/podcast

 

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The Cliff Ravenscraft Show — Where Strategy Meets SoulBy Cliff Ravenscraft

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