MBA2522 Q&A Wednesday: How Long Should It Take to Make My First Sale?
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 18 September 2024
⏱️ 19 minutes
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| 0:00.0 | Thank you. |
| 0:17.0 | If you got a question you want to ask, head on over to 100MBA. |
| 0:21.0 | net slash Q. And you can submit a question and we'll answer right here on Q and a Wednesday. |
| 0:25.6 | Today's question is from Eddie and Eddie asks, how long should it take to make my first sale? |
| 0:32.4 | This is a great question because it's a very common concern for a lot of new |
| 0:36.7 | entrepreneurs and in my opinion many people wait too long to actually ask for their first sale. |
| 0:44.0 | They wait way too down the line when they've created their product, their service, |
| 0:48.5 | they have, you know, created their website, all that kind of stuff. |
| 0:51.5 | In today's episode, I'm going to tell you |
| 0:53.6 | when you should be making your first sale and it's a lot earlier than you think. |
| 0:57.5 | Let's get into it. Let's get down to business. Did you know that on average it takes a |
| 1:02.1 | new business anywhere from a few weeks to several months to make their first sale? |
| 1:08.0 | This is according to a report by the Small Business Administration and they have this timeline that varied depending on the |
| 1:14.2 | industry or market that the business is in. And I want to stress something here. We |
| 1:20.7 | don't want to be average. We don't want to be average. |
| 1:23.0 | We don't want to be average. |
| 1:25.0 | We want to be exceptional. |
| 1:26.0 | So we're not going to try to get our first sale in a few weeks or several months. |
| 1:30.0 | We're going to try to get our first sale in a matter of a day or two if not hours okay we want to get our first sale as fast as possible as soon as possible from the moment you are committed and you make the decision, |
| 1:44.9 | hey, I'm gonna do this thing, right? |
| 1:46.9 | I'm gonna give this a try. |
| 1:48.7 | This is when you need to make a sale |
... |
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