by: Royce Fitzgerald
Unfortunately we’ve all witnessed the downfall of one business or another. Maybe it was your own, maybe someone else’s. Either way it’s difficult to watch. Even if not directly involved each of us inwardly cheer for those start-ups. We share in other people’s success vicariously because it gives us hope.
We all know there are no guarantees but many times entrepreneurs put themselves at a disadvantage from the start by believing that success will find them just because their doors are open for business. That classic line from the movie The Field of Dreams, “If we build it, they will come”, rarely works in reality.
The reasons for business failure are many, but not promoting shouldn’t be one of them. When starting a new business or service agency always remember to budget for promotional efforts. You’ve worked too hard to reach the batters box so make sure that you don’t take a fastball to the head without your helmet. It’s one thing to strike out and quite another to receive a devastating blow because of unpreparedness.
Word of mouth promotion is fine but the results may take longer than your pockets are deep, so seriously consider your marketing strategy and budget accordingly in advance. Promote your field of dreams, we all want you to succeed!
With over 30 years of experience in the advertising and design industry, Royce Fitzgerald currently owns and operates Four Leaf Creative, Inc. (FLC) in Fort Smith, AR. Since 2006 FLC has been serving a wide variety of clients locally and nationally.