Entrepreneur Andy Willoughby and founder of the 3 Step Plan home business system reviews Success Magazine article about How to Position your Small Business for Big Growth.
May 13th, 2010
Posted By: Andy Willoughby
I want to share an article from successmagazine.com written by Richard Fenton and Andrea Waltz, who also wrote the book, Go for No!, about how to overcome small business “size syndrome,” which confines your business by your thoughts and actions, from becoming the successful business you desire.
Small Business Seeks Big Opportunity
Being an entrepreneur means you’re the type of person who is willing to launch a venture and reap the rewards for success, as well as take responsibility for failure.
But being an entrepreneur also means you’re small—at least when starting out. Of course, what most small businesses really want is to be big businesses when they grow up. Yet many entrepreneurs suffer from what we call size syndrome.
Because they are small, they think and act small—and therein lies the problem. Because thinking small and playing small usually keep you, well… small. What small-business owners and entrepreneurs should be doing is thinking, acting and playing big, especially when it comes to the size of clients they call on.
Here are three steps to start overcoming size syndrome:
1. The first barrier to overcome is the belief that large prospects (be they individuals or organizations) have no interest in your products or services. The reality is, they don’t care so much about the size of your business; they care about solving their problems, wherever the solutions come from.
2. The second barrier to overcome is realizing that “calling on a company” is a misnomer. You are never calling on a business; you are calling on a person. The ABC Company can’t call on IBM. It’s always one person calling another person. Because businesses don’t buy anything; people do!
And never let the size or reputation of an organization (or the title or position of the person you’re dealing with) intimidate you. Yes, Bill Smith might be vice president of purchasing for IBM, but, first and foremost, he’s a husband, father and human being—the coach of his 8-year-old daughter’s soccer team with a painful bunion on his big toe.
Entrepreneur Andy Willoughby and Founder of the 3 Step Plan Business System, Explains How To Become A Successful Entreprenuer
May 6th, 2010
I would like to share with all of you about how you too can become a successful entrepreneur. 74 percent of the wealthiest people in America run their own business. By becoming your own boss you can control your own income and have the financial freedom you have always wanted!
What is a good way to start becoming an entrepreneur?
“One of the best and simplest ways today in today’s society is through network marketing because you can start very inexpensively. Just like for instance the 3 Step Plan, the marketing system that I operate. The 3 Step Plan is a way that a person can invest $35 to actually start their business and the rest is all sweat equity.”
Entrepreneur Andy Willoughby reviews tips for small business owners looking to improve productivity
April 29th, 2010
Here’s a great article from the small business tips section of Bloomberg Businessweek about how small business owners can create accountability within their company starting at the top. The article reviews several tips for ways to improve day to day productivity.
1. Set clear, attainable goals. Your employees need to know exactly what you expect them to accomplish in a clearly defined time line.
2. You as the boss need to lead by example. If your employees see you commit to a project and accomplish whatever goals you set for that project, it sets a precedent of how things are to be done.
3. Involve your employees in the process of generating ideas. This makes them feel more involved and gives them more ownership of the project.
Click here to read the entire article
Entrepreneur Andy Willoughby and founder of the 3 Step Plan home business system provides insight on how to increase your income and live debt-free
April 23rd, 2010
The problems we face today involving debt have become a serious issue. In Andy Willoughby’s latest video, he discusses why Americans are facing debt problems and what he sees as a solution. Following what society deems as the “American Dream,” has given many the perspective that spending leads to success, but this only digs a deeper hole. As Willoughby explains, the way to get ahead and make the money you deserve is to become an entrepreneur and take control of how much you earn. His low cost 3 Step Plan has shown others the importance of running your own business, and the rewards that come with it. Watch as Andy Willoughby describes how it is possible to make money from home and enjoy living your life.
“Well the reason I think so many people are living in debt is just the challenge of what the society has set forth. I mean, today’s society has been promoted to live the “American Dream.” So people are searching for this dream, and debt is easy. There’s two ways to avoid being in debt. You either have to spend less money or make more money. I think the easiest way to actually be able to increase your income is to become an entrepreneur and develop your own business. Seventy-four percent of the wealthy in America got that way by owning their own business. One of the best and simplest ways today, in today’s society, is through network marketing because you can start very inexpensively, just like for instance with the 3 Step Plan—the big marketing system I operate. The 3 Step Plan is a way that a person can invest $35 to actually start their business, and the rest is all sweat equity. The reason that I started my own business is I found out very young in my life that I would rather be captain of a rowboat than first mate of a battleship. I didn’t want someone else telling me how much I could earn. I always wanted to have that ability to decide for myself. So, I either worked in commissions, where I could earn commissions and control my income, or operated my own business.”
Entrepreneur Andy Willoughby featured in Jennings Social Media Marketing newsletter for April 2010
April 12th, 2010
I wanted to share a new video being featured in Jennings Social Media Marketing newsletter for April 2010. It discusses what I think is the reason so many people are in debt and ways to improve your personal income from your own home.
Entrepreneur Andy Willoughby and founder of the 3 Step Plan home-based business system is featured in Jennings Social Media Marketing newsletter for April 2010. Valerie Jennings, CEO of Jennings Social Media, wanted to interview Willoughby on the economy and the importance of living debt free. Willoughby is a friend and client of Jennings, so she felt comfortable featuring Willoughby because of his insights regarding building home businesses and addressing the need to live debt free. In the interview, Willoughby discusses what it takes to achieve financial success even in times of a recession, how to build a business, where to begin and why being an entrepreneur is the best financial route to success and freedom.
“Well the reason I think so many people are living in debt is just the challenge of what the society has set forth. I mean, today’s society has been promoted to live the “American Dream.” So people are searching for this dream, and debt is easy. There’s two ways to avoid being in debt. You either have to spend less money or make more money. I think the easiest way to actually be able to increase your income is to become an entrepreneur and develop your own business.”
With April being Tax month, Use the Recovery Act's Loss Carryback Provision
April 8th, 2010
Posted By: Andy Willoughby
It’s April, and that means the tax deadline is right around the corner. As I was reviewing Business Week’s daily tips for small businesses I came across this information which I feel is very beneficial for small businesses.
Use the Recovery Act’s Loss Carryback Provision
The 2009 tax deadline is quickly approaching. Balancing the demands of running your business with preparing a complicated tax return can be a daunting task, especially with new tax laws in place.
Enacted as part of the American Recovery & Reinvestment Act of 2009, the loss carryback provision extends the opportunity for small businesses to take those losses and offset income from five years instead of two. To qualify for the five-year carryback provision, a small business must have no greater than an average of $15 million in gross receipts over a three-year period that ends with the tax year of the net operating loss. It is available to corporations and companies organized as a partnership, sole proprietorship, or S corporation.
If you haven’t filed your taxes yet, the loss carryback provision is helpful to keep in mind when filling out forms 1045 and 1139.
Peter Bingaman
Vice-President, Small Business Services
Deluxe
Shoreview, Minn.