Selling to family and friends in your new business
Selling to family and friends in your new business is a very interesting situation. You create your new product or service and who are the first people you hit up for cash? Your family and friends.
For many people, selling to family and friends in your new business is almost like a little girl selling Girl Scout Cookies. Every year, the little girl parents get out the list of every family member and every friend that they can think of, and one by one these people are hunted down and hounded until they buy a box. Then, these people are left alone until the next year.
Depending on selling to family and friends in you new business can have it’s downfalls. In fact, the downfalls can put you out of business. Most people only have enough family and friends that can buy their product or service one time, and that’s about it. If you are lucky, these initial purchases will cover your expense for a month or two, and I mean all expenses, mortgage, rents, car payments, food, escort services, everything.
Once most people are done selling to family and friends in your new business, GAME OVER.
This is why most businesses go out of business. Let me say thisSelling to Family and Friends in Your New Business very clearly. The fact of the matter is that most people that start a business, go out of business, and they go out of business fairly quickly. That´s because their main focus was selling to family and friends in your new business.
The people you want to plan your sales around when you are planning your new business is people that you don’t know. That is the really scary part about sales. Yes, if you have your own business you have just signed up to be salesperson number one to keep your boat floating.
This video discusses the pitfalls and answers to “Selling to Family and Friends in Your New Business.”