How To Make Music Play When You Open A Door The True Value of Free in Business

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The True Value of Free in Business

What is the true value of free?

• For families who know about budget expansion, free grocery budget.

• For single people can be a hot meal for breakfast

For business owners, it can be a lottery to buy more than one product.

For home-based entrepreneurs, it can cost your business hundreds of thousands, if not thousands of dollars, over the course of your business.

For many years, as a home business owner, I have always sought out meeting rooms, especially free meeting rooms. . Because I wanted to be a leader, for example, I thought by showing my team that there was room for meetings and that there was no out-of-pocket investment, I helped them pave the way for leadership. Unfortunately, that investment turned out to be the most damaging investment of my business.

Open your mind and let’s walk this journey together and recognize how much you spend for free.

Meeting Room 1. The main local coffee shop has a big box and a local coffee shop. Free Wi-Fi and sometimes password-protected wi-fi, but who sits next to you when you enter your password. A scanner sitting in a backpack, drawing in your information, and a tape recorder recording your business meetings. Because you are a normal person, they know that you meet your new customers there every week. Your calendar is clock work, but you do not get a new business. Occasionally someone will sign a new contract but you can not close the sale. After the first few minutes, you start to change your approach by scanning the book for ideas and redirects, then you start questioning your decision to become an entrepreneur.

Meeting Room 2. Local restaurants have free meeting rooms. You arrive on time to prepare your presentation to know that it is already being used by another meeting in progress. When the staff cleans and refreshes the room, you are in your late 20s and you have booked a meeting for two hours. Guests start arriving and the server enters the room to order drinks. The presentation started and they arrived with a drink order, just starting again to accept food and menu orders. Within 15 to 20 minutes, they arrive with a snack, then within 10 to 12 minutes, starting with a meal order. During that time there is an ongoing conversation and the focus is on the server, not your presentation. Between 15 and 25 minutes after the food arrives, they go back to the drink and start washing the dishes, just going back to see if anyone wants dessert. Your carefully crafted 2-hour presentation is not given the full attention you want and less than 1/3 of the room will remember the’s of the presentation. Questions at the end will be skipped because they will miss some of the key points you focused on.

Meeting room No. 3. Grocery stall. Sunday afternoon while sponsors are having lunch. Children are playing in the play area while children are playing music and videos. Sure, there are many areas to meet, but there are signs everywhere asking you to “refrain from participating in requests or distributing business literature or other group meetings or other conduct that could be annoying to other customers. More. ” For a party planning business where recognition is important to your team, your excitement may involve employees when they ask your team not to speak too loudly. For customers who want to hire you to increase their social presence, you are inviting them to meet you in the grocery store.

Meeting Room No. 4. Local Restaurant. Just have lunch and have your business meeting. There is no disturbance from the staff, you are responsible for cleaning your dishes. Your customers are paying you to help them grow their business presence, organize their time, train them for new business ideas, ideas and more. Then as you sit at the next table typing as fast as you can speak, pause when you pause, lean closer when you are quieter. Your business is valuable and you just give a free hour to strangers when your paying customers have just paid you a top dollar for information that is supposed to lead to more business.

Finally, meeting room 5. Your living room, your home office, your basement. Welcome strangers into your home. Without asking for a criminal background check, everyone has a past. Most professionals are doing business with legitimate traders, however there are always opportunities. As parents we teach our children not to talk to strangers but to invite strangers into our homes. If your child is at home, the next polite step is for the children to say hello and go quietly. Strangers just know where you have children, where to play and if you have a pet and the size of the pet. There are precious family pictures on the wall of your address, everything about you is revealed in the presence of strangers. Lay out your house from the moment they walk in the door unless you have a separate entrance. In business we want to trust everyone we come to our own home, but we also live in an insecure world as we would like to believe.

Free is a four-letter word that can withdraw business. When you walk into an institution and take advantage of a free meeting room, there are expectations. Buying food They may say no to buying, but they will be disappointed and will begin to recognize your monthly phone call and tell you that there is no room, especially if you do not make a purchase. They can be offered for free with minimal food purchases.

Free can be a product exchange for meeting room use. After all, spending is still an out-of-pocket expense for you.

Free is great until the local baseball team presents pizza and ice cream.

Free is a lost business that others gain. Your public meeting has just opened the door to other competitors who have just heard your quote, and gathering information is important to their bosses and their salaries.

Free gives you nothing in return.

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