As an entrepreneur, your launch and initial sales are simply the beginning. You must constantly be developing your business to generate a profit and survive. It may take time and effort, but you will receive back what you put into your business. Collaborating with more well-known companies in your field is a great strategy to expand your business. Ask for promotion from other companies in return for a free product sample or service. Get your name out there, team up with a charitable group and donate some of your time or products.
“No plan survives first contact,” which means that you may have the finest plan in the world, but once it’s in action, things will change, and you’ll need to be ready to adapt to the changes quickly. As an entrepreneur, you add value by addressing issues, whether they are problems that your product or service solves for others or problems that you solve within your company.”