Re: What Kind of Business Should I Have? -- Small Businesses Discussion Forum

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Subject: Re: What Kind of Business Should I Have?

Author:
Dennis S. Vogel

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Date Posted: 11:41:33 05/23/01 Wed
In reply to: Larry 's message, "What Kind of Business Should I Have?" on 11:37:41 05/23/01 Wed

Here's the answer I sent to Larry. The questions I asked him to consider may pertain to you and your situation too.

Hi Larry:

I could give you advice that might help you get some profit from your business. Considering what you wrote, I don't know if that would be best for you.

I'm not able to able to make your decision, but I can give you some guidance.

There are many things to consider here -
1) Do you like the car-wash and valet service business?
2) If you closed the business down, would you feel frustrated?
2a) If so, why would you feel frustrated?
2b) If not, would you feel relieved because having the
business is a burden?
3) Why do you have that business? 3a) Is it because it seemed like a way of getting money?
3b) Or because you enthusiastically want to do it/you're
passionate about it?
4) Does it seem like you have a car-wash and valet job
instead of a business?

A personal note - I used to be a janitor just to bring in money for myself and my family. But when I cleaned, I did it to my standards. If I didn't like the results, somebody's compliments were meaningless. When I returned to work the next night, I was mad if somebody messed what I did.

I was glad to quit because I dislike the company and
because I want to be a marketing consultant.

So how might this apply to you?

How would you feel if you just cleaned a car and got paid for it, then you saw somebody throw mud on it?

Could you walk away from your business and not feel bad about it?

Is it reasonable to think that you should have a profitable business by now? For most businesses, one year isn't long enough to get a profit.

If you make the business profitable, you may be sell it and use the money to start a different business.

If you decide to stay in your current business, let me know.
I can give you some advice if you give me some details about it.

Warmly,
Dennis
thrivingbusiness@email.com
When you compete against big businesses with big budgets you need powerful marketing strategies and tactics. You'll find them here-
http://wz.com/business/SmallBizThriving.html
http://www.thrivingbusiness.homestead.com

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