What is a stressful situation in a growing business?
If you are a business person who sets up your own business, it seems to be growing, but certainly not enough finance. You understand you learned about your company for a few years and set it up without issues. You do not need money when you start because your business is about starting without cash.
Then you settle down and think about growing your business; you encounter many problems, particularly money issues. As far as any business is concerned, you need to spend money when you try to develop. Where will you find money if you have zero budget when you mix with negative people?
Besides, it has taken you a few years to make money; no one will trust you because they believe your actions are worthless and will not bring any money. I will not blame others when they think like that because not every one of us knows everything; if that is the case, how do you expect people to see the worthiness of your business?
Their conclusion about the unworthiness of your projects is incorrect. They say you are an online tutor, and you prepare excellent online courses and keep that with you. Then, you find some platforms to upload your systems. They sell it for you but take most of the money from you. They reduce the prices because they know your courses are excellent and could make money.
You, too, get some income but not enough to reinvest in your business to grow. When you sell an online course, you know people will buy it because those platforms sell it for you. Therefore, if you want to have all the money for the hard work you have put in, you should be able to promote your courses. You are unknown to anyone as far as this business is concerned; unless you do a massive promotion, no one will come to know about it.
You might have some people on your mailing list, but that becomes useless and unhelpful because they are not the target audience. So, how will you find your target audience? It is possible if you can promote yourself and your business, you will become prominent in the internet-tutoring world to get recognition. Therefore, how will you find the funds for all that need money?
There are a few ways, but you do not know whether the people will give you the money. Besides, finding funding is not easy; you must spend much time learning the methods, finding funders, and making your applications. How many hours are there in a day? Do you think that you, as one person, can accomplish all these in one go?
I do not think so. I understand your aspiration to become successful, but how can you achieve that without funding? Do you know you have to spend money to make money? Also, if there is no marketing, there is no business. I often read why writers fail because they do not put themselves out there. Maybe for a few reasons, such as lack of self-confidence or no money to promote themselves.
What a sad situation! Many experts are underground because of these solvable issues, but they cannot do that. Even though it is profoundly depressing, do not give up hope. Maybe make your savings out of the small income you get from those short sales and reinvest in a prudent way to market your product to achieve your goal.
Many types of funding are available, such as government support loans, bank loans, and investors. Getting a bank loan depends on your credit score, the viability of your business, and other factors. You might find it challenging to try independently, so get the agencies’ help to find your funding. If you want to grow your business, there is no alternative.
