Why Small Business Problems Equals Profit

So, you've started a small business--and like every owner before you--you run into this inevitable scenario: everything is going wrong. Your marketing strategy isn't working, sales are down, you are wasting money left and right and you're worried that you're about to fail.

So many small business owners run into this problem. This is why so many small businesses fail within the first five years. But what if we told you that doesn't have to occur.

"Success is nothing but a series of failures you have to find a solution to."

It's not about how many times you fail, it's about how many solutions you find! Problems in a business are inevitable. They will come and will come consistently. The point of being a strong business owner is to be able to know how to handle each problem in a way that benefits the business.

When most small business owners handle a problem, they simply fix it and go. That's a major problem.

"Problems can't cost you money; they have to make you money.

To change a problem into a revenue stream, you have to be willing to interact with it!

What is Small Business Problem Interaction?

Interaction is the process of finding ways to capitalize on mitigated, or fixed, risks, issues, or problems. In short, it means that you find a way to make money when problems occur.

What are Issues, Problems, or Risks?

Issues, Problems, or Risks, in a business sense, are anything that stops the business from operating as expected.

How to Profit from Issues, Problems, or Risks?

Interacting with a Problem is EASY. Just ask yourself, "If this is going to happen anyway, how can I make money from it?"

That's it. If you have the power to find and fix a problem, you definitely have the power to learn to interact with it! It's a leadership skill that's important to use when reviewing and moving problems and risks. Click here if you want to know more about finding, fixing and removing risks. Learn even more about all aspects of risks and problems here!