Welcome to Meadlock, Inc -- the one-stop resource for entrepreneurs and professionals. Education, Empowerment, and Assistance. You can do it yourself, but you'll need help. Meadlock, Inc was started as a place for people to find affordable, customized training on topics related to startups, new businesses, career development, and life. It's all in one place, tailor-made for YOU. Not only do you get the information, you can also get assistance putting it to use in your business, career, or household.Schedule a Consultation
Venturing out to start something new is always scary. Starting a new business and becoming an entrepreneur is terrifying. You’re on a 24/7 roller coaster ride of emotions. When that client signs, you’re at the top of the world. It was a good day. When the phone stops ringing, you feel the lows. The longer you go without a paying client, the worse your situation seems. There is an art to perseverance.
Be encouraged. Stay positive. Your business WILL succeed because it HAS to succeed. There are no other options.
Contact Meadlock, Inc today for a free 30 minute consultation.
When I first started my business almost a year ago, I spent $200 on business cards. $100 of that went to having the card designed. (More expensive than normal thanks to my being a big sister.) The other $100 went to having 3 different business cards printed with one set being rushed at a $20 delivery charge. I’m lucky I came out at $200! Why did I need 3 sets? Because every time I printed a business card, I changed something major like my email address or my business phone. I wasn’t finished with my marketing plan at the time. A small thing that should have cost me $30, cost me much more. This is the essence behind the business plan.
You absolutely MUST have a business plan. It sounds cliche because it works. It doesn’t have to be long, but it does need to be well thought out. It should also be a living document that is updated and changed as you learn and grow. Most importantly, a business plan should lay out your costs. Business plans help you decide whether to spend your money on fancy business cards or a better website. Business is always more expensive than planned. Every dime you save is another day that allows your business to grow and bring in revenue to sustain itself. Find a template, do your research, and spend the time. It’ll be effort well spent and money well saved.
Too many times, new business owners feel that free is a good way to spread the word, create credibility, and get references. Most owners began their business working for free anyways. It’s easy to fall into the trap of offering free and discounted services to family, friends, or even potential clients. Who doesn’t love free stuff?
Newsflash: Free is NOT a marketing technique.
Nor does is pay your business costs. The bottom line is this: You cannot be willing to provide your services or product for free and at a discount or you will only attract people that don’t want to pay you.
Meadlock, Inc is your business assistant from startup to growth combining data analytics, marketing, financial planning and business coaching. Get your business off to its best start.