• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Entrepreneurship In A Box

Entrepreneurship In A Box

Increase your business potential energy

  • startup
  • entrepreneur
  • marketing
  • sales
  • management
  • technology
  • finances
  • about
  • contact

The Entrepreneurial Promise Cycle

Business Goals
Tweet
Share
Pin
Share1
Buffer
1 Shares

In the business world, entrepreneurs base their businesses on the promise.

You promise that your business will solve the problems and satisfy the needs of the potential customers, and if they believe you, they will buy from you. But, if you deliver your promise, automatically you are a more credible and trustworthy person that deserves their trust.

However, if you don’t succeed in delivering of your promises, your credibility and trustworthiness will be zero, and that’s the end of your relationships with that customers.

It is important for you to deliver everything that you promised. Delivering or over-delivering what you promised, automatically build the credibility for you as an entrepreneur and your company at a whole.

Think about situations when you buy something because of the promise on the advertising materials about that something and after trying your new toy you come to the conclusion that the promises about your problems are not delivered. How do you feel in such a situation? Would you buy something in the future from the same company? Even they made another, better promise, simply you will not believe them. They are losing you forever.

Business GoalsThink about the opposite way. What you think about businesses and entrepreneurs that deliver you what they promise you? Would you buy something in the future again from them?

The Promise Cycle

Because the promises are something frequently used from the entrepreneurs on one side, and have a very big potential to build or destroy the company I call this the promise cycle.

You promise something, and deliver on that promise. Your credibility is better than before.

You promise another thing, and deliver on that promise. Again, your credibility will increase.

Again, you promise, and you deliver on the promise, and your credibility has increased.

And these continue, again, again…

That’s the cycles that never end until your business is in life. But, on the other hand, each delivering on the promise and increasing the credibility and trustworthy means increasing your business potential energy. If you have more business potential energy, you will have more wealth for your business.

Tweet
Share
Pin
Share1
Buffer
1 Shares

Filed Under: Entrepreneur, Marketing Tagged With: Business, potential customers

About Dragan Sutevski

Dragan Sutevski is a founder and CEO of Sutevski Consulting, creating business excellence through innovative thinking. Get more from Dragan on Twitter. Contact Dragan

Signup Today and Get Regular Free Innovation and Business Building Tips

We respect your privacy and take protecting it very seriously. No spam!

Primary Sidebar




Want to Build Innovative Company?

Signup Today and Get Regular Free Innovation and Business Building Tips

We respect your privacy and take protecting it very seriously. No spam!

Recommendation

  • Overcome the Fear of Starting Up
  • Find the Gap in an Established Market
  • Business Idea – What’s Next?
  • Guide to Validate Business Idea
  • Find Customers With the Right Purchase Intent
  • How to Use Business Experiments?
  • Build the Business, Not the Product
  • Customers Stop Buying From You
  • Resistance to Change
  • Managerial Skills
  • 11 Most Important Tasks of Managers
  • Entrepreneurial Success Factors
  • Improve the Negotiation Process
  • 10 Rules of Success for Entrepreneurs
  • 10 Smart Skills You Need Now
  • 10 Habits of Successful Entrepreneurs
  • 77 Business Improvements in 77 Days
  • Efficiency and Effectiveness Matrix
  • Use Evernote to Improve the Business
  • 8 Important Team Leader Skills

Business Resources

  • Work Life Balance
  • 100+ Blog Post Ideas
  • 100 Marketing Ideas
  • 100+ Business Improvement Ideas
  • Create Standard Operating Procedure
  • Kaizen VS Innovation
  • Become an Entrepreneur
  • Business Idea
  • Business Startup in 30 Days
  • Business Success – 50 Steps
  • Resistance to Change
  • Customers Relationships
  • Evernote
  • Gmail as a CRM Tool

Privacy Policy | Refund Policy | Copyright © 2021 Entrepreneurship in a Box · Powered by Genesis Framework

This site uses cookies! By continuing to use this website, you agree to their use. To find out more check Privacy & Policy