Inflation Behind Strangled Growth

You may be experiencing a bottle neck in your profits right now. This isn't a surprise. Most business owners focus on the blight of global and national stats. When entrepreneurs know its local economic stats that matter most. Economy begins (and can end) at the grassroots level. More money in local circulation means more money for your business.

Some of the best investments to make right now are those with local social impact. There are multitudes of examples of new pathways that soared higher ROI in the middle of an recession. A combination of omnipresence and ingenuity. Outcomes that will leave a local legacy. You become a home town hero.

Step One Stand on a firm foundation. Double your profits if you haven't done so in the past six months or longer. I guarntee you have hidden revenue. All you might need is to fully monetise your top four to six profit streams.

Step Two Identify gaps in your communities economic stability. Is it education, jobs, homelessness, housing, transportation, or a combination of issues? Define solutions to fill the gaps which also create a circular economy. This is when the majority of money spent in the community remains in circulation within the community. An entrepreneur isn't going to open another hair salon, dispensary, pizza place, marketing agency, cryptocurrency or other over saturated option. Not even one with a twist. The real money is in serving the people what they really need that isn't being offered. Biggest ROI comes from the innovation of combining two industries together. Fedex which combined overnight delivery with cargo airlines.

Step Three Test and Implement You do not need to start out big. You do not trade your time for money that's a job. You hire people to manage the day to day so you can work on growth. ` Pamela Weir

Founder of Red2Black Profits and Editor of Entrepreneur Spotlight magazine. Plus Market Domination Blueprints and Plans. [email protected] Join our group here on Linked In https://www.dhirubhai.net/groups/14194934/ ?