• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Tag World

tag world

  • Home
  • About Me
  • Business
  • Travel
  • Blog
  • Marketing
  • Lifestyle
  • Design
  • Health
  • Contact

Jeff Mohlman, Surviving Your Early Years in Business

February 28, 2019 by Ian Leave a Comment

Setting up a small business isn’t easy by any stretch of the imagination and there are a worrying number of businesses which fail within the first 3 years. If you are thinking about setting up a small business then this is of course something which you will be looking to avoid. To give you some help with this matter we have spoken to business guru Jeff Mohlman who has taken his business Questar from a small start-up in Dayton, Ohio to a real success in just a few short years. We picked Jeff’s brain about what he thought new businesses should be doing to ensure success and here is what he shared with us.

Product

The first tip which Mr. Mohlman shared was the importance of getting your product right before you even consider opening up a business. It doesn’t matter whether this is a service which you offer, a product which you make yourself or one which you import, it must be right before you begin selling. As they say there is only one chance at making a great first impression and that rings very true in the world of business. If you launch a product and there are faults, this is all that people will remember and soon all of those plans and all of that capital may not be worth a penny.

Customers

It is amazing how many new businesses simply fail to realize the importance of their customers, something which is almost too easy to forget about. The truth is however that you can have the greatest product or service in the world and the best prices, but if you fail to offer your customers any kind of service then you will never find the success that you may want. You must make your customers feel special and valued, failure to do so will end in tears.

Financial Management

Every business owner needs securities that their business is not going to fail and the perfect way in which you can give yourself that support is to hire a professional to look after the financial side of the business. This may seem to be an annoying expense but you must consider the fact that almost 70% of businesses which fail, do so because of poor financial management. To avoid this you should look to outsource the financials and focus on running the business.

Marketing

Marketing should never be seen as a cost but rather an investment which, if executed correctly, will bring in a strong return on your investment. You may chose whichever forms of marketing that suits you and your business but the top and bottom of it is that without marketing you will lose market share and you will find your business struggling to bring in new customers. Speak with a marketing company and see what they can do for you with the budget that you have.

Keep it simple and try to deliver the best business you can, do that and you’ll not only survive but prosper.

If you like this article and want to learn more business tips from us, click here.

Filed Under: Business

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

About Me

Hey! I am Ian, the editor of Tag World- an online magazine. I spend a lot of my time learning, writing, and reading.

During the day, I work downtown in an advertising/business office with an amazing group of individuals who like to have fun but who also work great together as a team when it comes to getting big and creative projects done.

Recent Posts

  • How Does Teleradiology Challenge the Barriers to Healthcare?
  • The benefits of a career in pediatric nursing
  • How Do You Find NDIS Providers?
  • How HVAC Techs Can Save Time Using HVAC Software
  • What You Need to Know About Starting an At-Home Business

email newsletter

Connect with Us

  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Categories

  • Blog
  • Business
  • Design
  • Health
  • Lifestyle
  • Marketing
  • Travel

facebook

Tag World

Footer

about me

Hey!

I am Ian, the editor of Tag World- an online magazine.

I spend a lot of my time learning, writing and reading.

During the day, I work downtown in an advertising/business office with an amazing group of individuals who like to have fun but who also work great together as a team when it comes to getting big and creative projects done. During the night, I turn into a full- time blogger; ready to share the experiences and knowledge I can offer. Read more...

RECENT POSTS

  • How Does Teleradiology Challenge the Barriers to Healthcare?
  • The benefits of a career in pediatric nursing
  • How Do You Find NDIS Providers?
  • How HVAC Techs Can Save Time Using HVAC Software

let’s stay connected

  • Facebook
  • Instagram
  • Pinterest
  • Twitter

facebook

Tag World

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in