First Money
January 28th, 2009I have coached three people in the last week who are starting up new businesses, but have not yet seen (made/generated) any revenue. Their plans are in place, the demand is there, but no customers yet.
The first check from a real customer is crucially important when you’re starting up. I know this may be a big DUH for everyone else, but I really got how the First Money will change all three clients’ attitudes about their ventures. They’ve done a lot of work to make sure the market is there and that they are charging the right prices, but nothing will confirm they’re on the right track like a paying customer.
So if you’re reading this, and you’re starting a new business, where can you get your First Money? Sooner rather than later.