How to Know If a Business is Really Lucrative


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BUSINESS BUILDER. There are lots of businesses to choose from, but the thing is to know what business is really lucrative. And most especially, it is vital to know if it will really work for you. It may be working for other people, but that doesn’t mean it will work for everyone else.

So that’s the key to consider here–will it work for you?

Actually, every business will work. But it depends on certain factors. If the factors are there–location, relevance, need and prospect’s buying power–and the requirements are satisfied, any business will work lucratively. Selling sampaguita flowers may not seem very profitable, for instance, but if you are in the midst of 5 big full-packed churches that daily conduct masses by the hour–and you alone sell the flowers there–then you can make a fortune.

So, how would you know what business will work for you?

Excitement

Excitement to do a certain business is important. If you have undying enthusiasm for a business, that’s the lucrative business for you. Make sure the excitement you have won’t wane after a period of time. If you can really imagine yourself being excited to do a business for life, then that’s it. Never choose a business you’d drag yourself each day to do or you’d one day be too lazy to continue doing. You know what would happen? Watch this:

Sluggards do not plow in season; so at harvest time they look but find nothing. [Proverbs 20.4]

To find profits at harvest time, you should be excited to plow in season. And “in season” happens all year round. Farmers break the ground, fertilize it, plant, water, and care for the plants all year round till harvest time. And it’s that way each year.

If you can’t have that excitement for a business, it’s not lucrative for you.

Love It More than Leisure

Among things that kill a business is when the owner can easily choose leisure or relaxation over the business any time. Leisure or relaxation is not bad; in fact it’s healthy to enjoy it from time to time (and Expert Builder actually recommends it) to fight business stress. But habitual preference for it over your business is wrong.

So, can you love the business you’re thinking of more than leisure and relaxation? If so, then it’s the right lucrative business for you.

Do not love sleep or you will grow poor; stay awake and you will have food to spare. [Proverbs 20.13]

Better if you can bring your business with you during leisure–like if your business is online. Always remember that the business enables you to enjoy leisure and relaxation, so take care of it. “Stay awake and you will have food to spare.”

Look at Facts

If you ask people about a certain product or business, they may give you negative side comments. A lot of folks are like that–it’s not exactly bad-mouthing, but for some reason they hate favorable reviews. They hate giving someone or something their thumbs-up even if they find them satisfactory. They hate admitting that a product, business or service is good.

Then later, you hear them telling other people otherwise. Deep inside they really like the thing.

Funny, but some people think that having negative side comments are always smart.

“It’s no good, it’s no good!” says the buyer– then goes off and boasts about the purchase. [Proverbs 20.14]

So never rely on opinions–when planning a business or trying to gauge whether your present business is doing good or not. Doing random surveys are good but they are seldom accurate. Sometimes they don’t mean anything. They’re like popularity contests–winning or losing in them doesn’t prove good or poor quality. You may listen to them and gain some insight, but it’s always best to do systematic research.

Well, interviewing experts or those who have rich experience in the business is a different thing. Actually, it’s part of research.

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