Well this week was a little more successful. I had my first sale, I lowered the price to $20, which only gave me a $7 profit margin, which is unfortunate but I had my first sale. I think that this showed me that maybe I was pricing it too high, and I need to find a happy medium, and sometimes these things just take time. So I need to be more patient.
I really enjoyed reading the E Myth book. What I got out of it the most was that there are technical people who open up a business to work for themselves doing what they love to do and then there are entrepreneurs who are business people who see opportunities and take them. Most technical people who just open up their own business fail. Unless they let the entrepreneur part of them have some control. They need to focus on running their business successfully, and not just on carrying out their technical skill. Like the lady at the Pie shop in the book. She was focused on making pies and getting the job done, and by doing that she suffered with money, time, employees, and almost lost her business. She even lost her joy in her work. That is where letting the entrepreneur part of you and the manager part of you have some say about it rather then just getting the job done comes in handy.
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