Starting Your Own Business–The Fifth Puzzle Piece–Marketing

What is marketing?  Marketing is the process that you will use to bring in prospects for your product or service.  Once you have the prospect’s attention then you can focus on sales. 

But, how do you plan to market your business to keep the pipeline full?  Before you get started in a business be sure of two things:

  1. How to successfully market your business?
  2. How that marketing strategy will be implemented consistently?

These two components will be part of any good marketing business plan.

Small business growth is about having a good marketing plan and executing it consistently.  Interestingly, the creation of the marketing plan is not as big a challenge as is the consistent execution. 

And, it is lack of consistent marketing that can doom a business to failure. Why does this happen?  It happens because the entrepreneur, business owner or solo professional does not have the skills to execute the marketing plan.  And, because the budget is tight they will not pay to have it executed. 

Making your own business the success you envision requires, in most instances when starting out, that you wear most, if not all the marketing hats.  It must be part of your performance strategy for success.

For example, for some businesses to be successful it may require consistent phone calling with a script from a targeted list.  If you are not good on the phone or don’t like it then it won’t happen. 

Maybe your business requires a great deal of face to face contact and networking.  If you aren’t comfortable with that then it won’t happen. 

Know what type of marketing your business needs.  Either be ready to develop the necessary skills to be successful or look for another business that caters to your strengths. 

I have observed many small businesses fail, not because the owner wasn’t a good person, but because the owner didn’t have or wouldn’t develop the marketing skills necessary to make his small business successful.

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