Managing the basic functions of a business successfully requires stamina and attention to detail.

In order to reap the benefits of building a business, you need to put in the work. Being an entrepreneur is only for those who are committed to this craft 100%. When you decide to start a business you are less concerned with short-term outcomes. What matters to you is to look at the long term. 

Because, it’s never easy to do this. But it’s actually simple. 

And here are the 3 simple steps: 

Client acquisition

Easier said than done right? This is one of the most fundamental parts when starting a business. Your clients are the lifeblood of your business. Using the internet, there are several ways to do this. 

But the two main parts are this: paid and organic. 

Some businesses will build their own sales funnel to get started for this step, and run Facebook ads. Others simply use a free online sheet, and make an organic outreach. 

Whatever client acquisition method you use, just make sure it works for you and that you find it easy to execute. 

Customer Conversion

This is turning your leads or audiences into clients. 

When mapping out or strategizing your conversion process. Make sure you have it mapped out well and set in stone. 

Also check if you can automate that process through your sales funnel. You can use video sales letters and sales pages for this.

If you can’t automate it, find out ways on how to organically do it. 

Customer Retention 

Here’s the truth about why you need to have customer retention in place for your business: They are the source of 40% of your revenue! 

And because of this percentage, as a business owner you need to think of strategies that will allow you to retain your customers. 

You can reward your loyal customers by giving out discount vouchers and discounts on renewals.

This way you can keep them happy and they will come back to you over and over, and even refer you to friends when they are pleased with your products or service.