3 Ways To Make Your Company Grow Rapidly From Scratch.
< p > if you start a business, < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > business, what are you most worried about? People, customers or money? From today's media coverage, we are more focused on the number of VC companies that have won, and which enterprises are IPO? It seems that people think that money will succeed in business, so people tend to ignore entrepreneurs who are not favored by VC and PE.
But once these self-made entrepreneurs succeed, they will make the same applause.
When these entrepreneurs succeed from scratch, their next venture journey seems to be much more smooth in terms of capital.
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< p > DaveKerpen is a series of entrepreneurs in the United States. Recently, an enterprise founded by LikeableLocal has been very fortunate to get the attention of investors.
However, when he founded the first company, LikeableMedia, he also encountered constant crises, which made it difficult for him to raise funds.
Yes, LikeableMedia has grown more than 6000% over the past 6 years, and has been listed as the top 500 in the US over the past two years.
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< p > DaveKerpen shared his and his co founders, his wife's 3 lessons learned from scratch, and how to grow rapidly without foreign capital.
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< p > < strong > 1. sales your success road < /strong > /p >
< p > in the early days of LikeableMedia, DaveKerpen and his wife took part in the phone calls for sales and potential customers, just as they did in Disney when they were engaged in sales in early years.
They call their contacts to find out what they think. They invite people who have already trusted them to give them the chance to sell the services that do not yet exist.
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< p > when a bank has no cash to start a business, your only choice is sales.
Use your social network to make phone calls and lunch with people.
Do everything that can bring income so that you can hire people and start growing businesses.
Then the employer does the same thing.
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< p > strong > 2, barter < a href= "http://www.91se91.com/news/index_c.asp" > trade > /a > /strong > /p >
< p > in 2007, when DaveKerpen first started working with 1-800-Flowers.com Cye, the company wanted to make a barter deal instead of paying them cash, because the service they provided was social media, which has not yet been verified.
Many consultants told them not to do such barter deals.
Without investors' money, they also need cash.
But they decided to do their first business with 1-800-Flowers.com, anyway, for flowers.
So they got $48000 worth of flowers and gifts that year, and they bought flowers for potential customers, agents, employees, and anyone who said their names on twitter that year.
Although they didn't get any cash from 1-800-Flowers.com, the return on investment was huge.
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< p > when there is no cash in the bank, consider offering your products or services to exchange anything you need.
You will create a win-win situation, build value for others, until you can pay for these things, or have been verified enough to ask for cash.
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< p > < strong > 3, raising funds for your cash flow < /strong > < /p >
< p > when DaveKerpen began to create LikeableMedia Cye, we simply did not know about commercial banks and financing.
As a result, this is a very important part of leading the new company.
You can't grow without cash, and at the very beginning, a self-made company will not have any knowledge in this area.
That's why banks exist.
Get a loan, get a credit limit, one way or other way.
If you can't, explore options like factoring, in which way you can finance your accounts receivable.
DaveKerpen eventually got the credit limit, and later there was a loan, which also helped them recruit faster, so they grew faster, all of which never gave up any equity.
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< p > I believe China has many people who start from scratch, either in the present era or in the past.
Although it is very difficult to start from scratch, they can also make their a href= "http://www.91se91.com/news/index_s.asp" > Enterprise < /a > become the leader of the industry.
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