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Entrepreneurship

Starting a Business – You Will FAIL Without This! [Video]

Your new business will FAIL if you do not do this! Starting a new business is easy, but your business will struggle to grow without a recurring revenue model. With 9 out of 10 new businesses failing in the first 10 years and approximately 50% of businesses failing in the first 5 years, it is vital you watch this video before starting a small business.If you are setting up a new business you must ensure that recurring revenue is a key part of your business plan. A lot of people often spend time researching how to start a business, however, very few resources highlight the importance of recurring revenue.When people become self-employed and set up a Ltd company, they often focus on marketing and sales. Unfortunately, many of these sales will be one-off payments instead of recurring revenue streams.Most businesses have the potential to generate repeat income so make sure you take some time to think about how your business could do this.If you are looking for recurring revenue business ideas, I would recommend subscribing to the channel as I often talk about my passive income businesses.Does your business focus on recurring income streams? Let me know in the comments below!

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Entrepreneurship

WARNING: Starting a Business in the UK? BE AWARE OF THIS! [Video]

If you a starting a new business in the UK, either as a Ltd company or sole trader, then you need to be aware of this before you quit your job!People are often so focused on how to start a business that they don’t realise the potential impact it can have on their ability to get credit.Becoming self-employed makes it a lot more difficult to get a mortgage or remortgage as lenders treat self-employed borrowers differently than employees.Employees are often able to get a mortgage with only 3 months of payslips, whereas self-employed applicants often need to provide 2 to 3 years of earnings history.Self employed mortgages are available in the UK but the requirements are a lot stricter than they used to be before the global financial crisis.It doesn’t matter if you are a sole trader or a director of a Ltd company, the mortgage provider will still class you as self employed.Have you had any issues getting a mortgage as a self employed applicant? Let me know in the comments below!

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Entrepreneurship

How to Start a Side Hustle Business: The 10 Ps of Business [Video]

The 10 Ps of Business: How to Start a Side Hustle Business.Want to know how to start a business?Have you ever wanted to start a business or start a side hustle business to make extra money? Not sure where to begin your business or side hustle? Then this video walks you through step by step the 10 Ps of business. How to start your business as a side hustle or a full time business.Do you want to start a business or a side hustle and think about where to start or which business would be best for you?Have you already got a business idea and want to know what to do next for your business or perhaps how to market that business or side hustle?These are my top 10 P for starting a business and how to market your business to start getting customers.Whether you are a startup or a business owner, there should be lots of business ideas, marketing tips you can use and business advice that should provide some motivation for your business.Marketing for small businesses can be tough. That’s why we’re giving you our digital marketing 101 guide to small business marketing.In this video, I am going to walk you through step-by-step, what you need to know about digital marketing for small businesses. There are 10 ideas all starting with P to make it easy for you to remember and take action to get your business up and runningWatch today to learn how to start your business#business #howtostartabusiness #entrepreneur #entrepreneurship #entrepreneurlife #entrepreneurquotes #businessbooks #businessbookclub #investing #investingbooks #londonentrepreneurs #londonstartup #edtech #neildoig #money #mindset #moneymindset #millennials #millennialmoney #millennialmindset #londonstartup #addingvalue #thisismoney #moneytipps #millennialmoneymindset