"Marketing & Financing Tips for Entrepreneurs: How to Grow Your Business"

24 Jun 2012 · 5 min
5:18

In this episode of Ask Evan, Evan Carmichael answers a newsletter reader, Ronnie, who runs a building‑materials business and plans to launch consumer products. Evan advises Ronnie to concentrate first on business‑to‑business (B2B) customers because they provide repeat, larger orders and reliable cash flow, whereas consumer sales are costly, risky, and generate one‑off purchases. He recommends building around customers with real budgets and pain points, and postponing the consumer‑product launch until the core business is financially stable. To win B2B accounts, Evan suggests starting with a small, low‑risk trial order that is essentially risk‑free for the client, then overdelivering with exceptional service, training, and support—using service quality rather than price to displace existing suppliers. This approach helps secure larger, repeat orders, improves cash flow, and creates a foundation for future consumer‑product expansion.

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