One of the most optimistic businessmen you will come across in Albury is Allan Endresz. Despite the many struggles and challenges which he has encountered in his life, business and with the federal government, he still has a positive attitude towards life. Allan Endresz is a go-getter who believes in himself and achieving the goals set before him.
Allan Endresz is also ambitious in nature – he has carefully planned out what he would want to achieve in the next five years. Some of the things which he would want to achieve is owning a billion-dollar company and gulf stream jet. So how does he plan to accomplish all this? Let’s find out:
- Capital Raising
Through conventional methods of capital raising including debt and equity capital, listing entities and cryptocurrency, Allan has raised over $40 million.
- Building a Strong Team
Allan Endresz believes in building a strong team to work with. According to Allan, “A strong team will help you to achieve your goals more effectively.” The type of employees you have can either steer you forward or hold you back. How you treat your staff members is how they will also treat your customers. So make sure that you treat them right. Give them bonuses and promotions if you can and invest in their personal and professional development as well as prioritise work-life balance within your team.
- Track Your Expenses
Tracking your expenses is one of the key factors in making your budget work for you. If you do not know how much you have spent each month, you cannot tell when you have overspent. Even the small expenses can cause you to blow your budget. There are several options available for you to track your expenses. One of the simplest is a written ledger or tracking system. By managing expenses and setting budgets accordingly, it can help you identify the areas where you need to change to save in the long run.
- Building an Effective Sales Funnel
Regardless of the business which you want to build it’s essential that you have an effective sales funnel. By definition, a sales funnel is the ideal process that your customers go through as they move from being someone who could potentially be a customer to an actual one.
The concept of a sales funnel is to move people through these different stages and whittling down a large number of suspects so they become actual customers.
- Learn How To Say No
Not every business request is an opportunity worth pursuing. But saying no to a client or a business opportunity can sometimes be tricky. You don’t want to damage a relationship or harm future opportunities. You have to strike the right balance. Always ask yourself: Is this in our best interest?