Turn What You Know Into What You Do

Read The Profit Principle: Turn What You Know Into What You Do - Without Borrowing a Cent! and found what the author said so true, we don't really need money to make money, we need SKILLS & KNOWLEDGE to make a profitable business. And the author states that one of the reason that most small business that fail in the first 12 months is because they focus on the structure of the business instead of bring in more paying customers.



You'll be surprised to find a lot of business owners when they start up a business, focus more time and energy on designing the logo, think about the business name...etc instead of finding more customers and refining the services.

We don't need letterhead if we don't have customers to send invoices to, or customer manage system if we don't have customers. Besides with the internet, a lot of the basic business need can be free.

All we need to do is to find and brush up on our skills, find our niche market, increase our knowledge on our niche and money will start coming in. Think in the past what others paid you to do something?

Best of luck!