Press "Enter" to skip to content

3 ways to SAVE your business from failing


if your business is on life support

if your business is on life support today I’m gonna share with you the three

today I’m gonna share with you the three

today I’m gonna share with you the three ways to save your business from failing

hi I’m Evan Carmichael

hi I’m Evan Carmichael I believe in entrepreneurs and I

I believe in entrepreneurs and I

I believe in entrepreneurs and I recently got a question for one of my

recently got a question for one of my

recently got a question for one of my YouTube subscribers love you guys

YouTube subscribers love you guys

YouTube subscribers love you guys anyhoo wrote in to say are you in a

anyhoo wrote in to say are you in a

anyhoo wrote in to say are you in a small photography studio and it seems

small photography studio and it seems

small photography studio and it seems that conventional advertising is not

that conventional advertising is not

that conventional advertising is not working and I need to generate some

working and I need to generate some

working and I need to generate some revenue fairly quickly to support my

revenue fairly quickly to support my

revenue fairly quickly to support my lease I applied for loans but because I

lease I applied for loans but because I

lease I applied for loans but because I have returned in a heart condition no

have returned in a heart condition no

have returned in a heart condition no one is willing to give me the money out

one is willing to give me the money out

one is willing to give me the money out of risk I might die what can I do to

of risk I might die what can I do to

of risk I might die what can I do to save my shop this is a great question

save my shop this is a great question

save my shop this is a great question Amy thank you so much for writing in I

Amy thank you so much for writing in I

Amy thank you so much for writing in I feel the stress and the angst and the

feel the stress and the angst and the

feel the stress and the angst and the despair and the genuine desire to want

despair and the genuine desire to want

despair and the genuine desire to want to make this business work and so here

to make this business work and so here

to make this business work and so here are the three bits of device that I

are the three bits of device that I

are the three bits of device that I would have to help you save your company

would have to help you save your company

would have to help you save your company number one is live within your means

number one is live within your means

number one is live within your means this is a little bit of tough love but

this is a little bit of tough love but

this is a little bit of tough love but if you can’t afford the lease for your

if you can’t afford the lease for your

if you can’t afford the lease for your business then maybe you shouldn’t have a

business then maybe you shouldn’t have a

business then maybe you shouldn’t have a shop one of the biggest mistakes that

shop one of the biggest mistakes that

shop one of the biggest mistakes that most entrepreneurs make is they start

most entrepreneurs make is they start

most entrepreneurs make is they start spending money before they’re making

spending money before they’re making

spending money before they’re making money

money

money anybody can spend money the trick is to

anybody can spend money the trick is to

anybody can spend money the trick is to find customers start making money and

find customers start making money and

find customers start making money and start building a business around them

start building a business around them

start building a business around them and then you expand when you can afford

and then you expand when you can afford

and then you expand when you can afford to expand now losing a shop doesn’t mean

to expand now losing a shop doesn’t mean

to expand now losing a shop doesn’t mean you have to close your business you can

you have to close your business you can

you have to close your business you can do what you probably should have done in

do what you probably should have done in

do what you probably should have done in the start is out of your home start

the start is out of your home start

the start is out of your home start small build a customer base get revenue

small build a customer base get revenue

small build a customer base get revenue coming in make sure you can pay your

coming in make sure you can pay your

coming in make sure you can pay your bills and then expand and the last thing

bills and then expand and the last thing

bills and then expand and the last thing you want to do is take out a loan

you want to do is take out a loan

you want to do is take out a loan because now if the business doesn’t work

because now if the business doesn’t work

because now if the business doesn’t work they’re gonna come after your house so

they’re gonna come after your house so

they’re gonna come after your house so cut back on your expenses and that may

cut back on your expenses and that may

cut back on your expenses and that may mean losing the shop and go out and get

mean losing the shop and go out and get

mean losing the shop and go out and get customers so that you have a profitable

customers so that you have a profitable

customers so that you have a profitable business number two is pick a niche and

business number two is pick a niche and

business number two is pick a niche and form alliances listen there are tons of

form alliances listen there are tons of

form alliances listen there are tons of photographers there are tons and tons

photographers there are tons and tons

photographers there are tons and tons and tons of photographers what makes you

and tons of photographers what makes you

and tons of photographers what makes you different you’ve got to pick a niche

different you’ve got to pick a niche

different you’ve got to pick a niche that you excel at that you love dealing

that you excel at that you love dealing

that you excel at that you love dealing with these kinds of people and then

with these kinds of people and then

with these kinds of people and then express it in every communication that

express it in every communication that

express it in every communication that you put out there so if you’re writing a

you put out there so if you’re writing a

you put out there so if you’re writing a question to me I love this here you say

question to me I love this here you say

question to me I love this here you say hey I’m a photographer and I specialize

hey I’m a photographer and I specialize

hey I’m a photographer and I specialize in taking pictures of athletes that

in taking pictures of athletes that

in taking pictures of athletes that gives me a lot more context to help you

gives me a lot more context to help you

gives me a lot more context to help you because if you’re just a general

because if you’re just a general

because if you’re just a general photographer there’s so much competition

photographer there’s so much competition

photographer there’s so much competition and it’s really hard to stand out so you

and it’s really hard to stand out so you

and it’s really hard to stand out so you want to pick your niche

want to pick your niche

want to pick your niche then form alliances with people who can

then form alliances with people who can

then form alliances with people who can help you sell into that niche so an

help you sell into that niche so an

help you sell into that niche so an example is a buddy of mine named Richard

example is a buddy of mine named Richard

example is a buddy of mine named Richard who was a celebrity photographer he has

who was a celebrity photographer he has

who was a celebrity photographer he has a website called you gotta love and he

a website called you gotta love and he

a website called you gotta love and he specializes in photography for

specializes in photography for

specializes in photography for celebrities he’s worked with acts like

celebrities he’s worked with acts like

celebrities he’s worked with acts like Lady gaga

Lady gaga

Lady gaga and high-profile rappers and musicians

and high-profile rappers and musicians

and high-profile rappers and musicians and then he forms alliances with people

and then he forms alliances with people

and then he forms alliances with people who are already selling to those

who are already selling to those

who are already selling to those musicians and celebrities who work with

musicians and celebrities who work with

musicians and celebrities who work with music agents and he’ll work with music

music agents and he’ll work with music

music agents and he’ll work with music labels and who work with people who

labels and who work with people who

labels and who work with people who represent these stars already they have

represent these stars already they have

represent these stars already they have a big client pool that they can

a big client pool that they can

a big client pool that they can potentially introduce him to and because

potentially introduce him to and because

potentially introduce him to and because he is the expert in that field he’s

he is the expert in that field he’s

he is the expert in that field he’s likely to get the business so pick a

likely to get the business so pick a

likely to get the business so pick a niche that you were really good at that

niche that you were really good at that

niche that you were really good at that you really want to target these kinds of

you really want to target these kinds of

you really want to target these kinds of customers and then go form alliances

customers and then go form alliances

customers and then go form alliances with people who have complementary

with people who have complementary

with people who have complementary products and services that can introduce

products and services that can introduce

products and services that can introduce you to their clients and number three is

you to their clients and number three is

you to their clients and number three is provide amazing service your service

provide amazing service your service

provide amazing service your service based business and the number one way

based business and the number one way

based business and the number one way the service based businesses grow is

the service based businesses grow is

the service based businesses grow is through referrals you should be able to

through referrals you should be able to

through referrals you should be able to build a three hundred thousand dollar

build a three hundred thousand dollar

build a three hundred thousand dollar business just on your own and just

business just on your own and just

business just on your own and just through referrals and that counts by

through referrals and that counts by

through referrals and that counts by providing amazing service after somebody

providing amazing service after somebody

providing amazing service after somebody does a photo shoot with you what extra

does a photo shoot with you what extra

does a photo shoot with you what extra value can you bring them so that they

value can you bring them so that they

value can you bring them so that they can’t wait to go and tell their friends

can’t wait to go and tell their friends

can’t wait to go and tell their friends about you as an example the guy who shot

about you as an example the guy who shot

about you as an example the guy who shot my wedding was named Brian and he’s got

my wedding was named Brian and he’s got

my wedding was named Brian and he’s got a company called tarsi pix he went way

a company called tarsi pix he went way

a company called tarsi pix he went way over and above what was expected of him

over and above what was expected of him

over and above what was expected of him he came the day before the wedding and

he came the day before the wedding and

he came the day before the wedding and took shots of the setup he came with us

took shots of the setup he came with us

took shots of the setup he came with us throughout the whole day of the wedding

throughout the whole day of the wedding

throughout the whole day of the wedding he took pictures not just of us but of

he took pictures not just of us but of

he took pictures not just of us but of every single guest that came out to the

every single guest that came out to the

every single guest that came out to the wedding and then he made baseball cards

wedding and then he made baseball cards

wedding and then he made baseball cards for us personalized to each individual

for us personalized to each individual

for us personalized to each individual who came to the wedding he went way way

who came to the wedding he went way way

who came to the wedding he went way way way way way above what I expected from a

way way way above what I expected from a

way way way above what I expected from a wedding photographer and as a result now

wedding photographer and as a result now

wedding photographer and as a result now every time I know someone is getting

every time I know someone is getting

every time I know someone is getting married I say you kind of go work with

married I say you kind of go work with

married I say you kind of go work with Brian I even made a video thanking him

Brian I even made a video thanking him

Brian I even made a video thanking him for his amazing work doing your job and

for his amazing work doing your job and

for his amazing work doing your job and providing good pictures is not enough

providing good pictures is not enough

providing good pictures is not enough you have to over-deliver like crazy so

you have to over-deliver like crazy so

you have to over-deliver like crazy so they can’t wait to go out and tell their

they can’t wait to go out and tell their

they can’t wait to go out and tell their friends about you so live within your

friends about you so live within your

friends about you so live within your means pick a niche and form alliances

means pick a niche and form alliances

means pick a niche and form alliances and provide amazing service and belief

and provide amazing service and belief

and provide amazing service and belief for those who are watching I love to

for those who are watching I love to

for those who are watching I love to know

know

know how you live within your means how you

how you live within your means how you

how you live within your means how you got your business from the bootstraps up

got your business from the bootstraps up

got your business from the bootstraps up and how you overcame those early

and how you overcame those early

and how you overcame those early obstacles leave it in the comments below

obstacles leave it in the comments below

obstacles leave it in the comments below share your story I’d love to hear and it

share your story I’d love to hear and it

share your story I’d love to hear and it can also help inspire other people who

can also help inspire other people who

can also help inspire other people who are going through that same problem and

are going through that same problem and

are going through that same problem and if you like this video you want to see

if you like this video you want to see

if you like this video you want to see more don’t forget to subscribe to the

more don’t forget to subscribe to the

more don’t forget to subscribe to the newsletter and the channel thank you for

newsletter and the channel thank you for

newsletter and the channel thank you for watching I’ll see you soon

”

Be First to Comment

Leave a Reply

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