I was recently at a networking meeting and met a really nice woman. After several minutes of conversation, I asked her what she did. She excitedly launched into how she was a real estate agent, but that was slow right now, so she was going back to giving massages, but she was also selling Mary Kay cosmetics.
While I was trying to process all of those unrelated businesses, she dug into her purse and handed me a card that listed her as an Ambiance Coach. I questioned her about that since it didn't seem to fit with any of the businesses she'd mentioned. Amazingly, she said, "Oh, I'm also a distributor for PartyLite Candles."
Doing four totally different businesses with different target markets is the wrong way to establish multiple streams of income. Why?
In designing your startup processes, it is a crucial step to think about whether or not your product will encourage a repeat purchase. An item will showcase its value when it is purchased over and over again. These items usually contain at least one of the following traits.
There are seven essential principles that you should practice as an entrepreneur in your business life if you want to achieve maximum success.
Take advantage of the holidays.
Hopefully, your dollar store will receive plenty of extra traffic during the major holidays. You will likely be focused on getting rid of all the holiday merchandise you have for sale. However, do not forget that people will still be buying general dollar merchandise during the holidays too. While your customers are doing their holiday shopping try to maximize sales of general merchandise.
Legitimacy
