Keeping the faith as a new business

Last Updated on 23 April 2008

Yet another story from one of my former business trainees about the length of time it can take to get up and running.

This particular person said it was 8 months before she got any income from her new coaching business. And she wasn’t sitting around doing nothing in those 8 months.

This underlines the importance of having enough savings (or a big enough loan) to see you through the first year.

I always tell new freelances and small business people that it took me 9 months of hard ‘networking’ (ie coffees and chats) before someone decided they needed what I was offering.

A marketing person once told me to expect 7 points of contact (and about 6 months) before anyone trusts you enough, and has the right sort of project to give you some work.

Wise words.

Posted on 23 April 2008