Expand and grow my business

I hope to be closing a contract that will help me to move my business to a new level.

I send out an e-mail to another company that might be interested to make use of the services of my business. Maybe it will create additional work. At this stage I would not expect too much but every opportunity must be investigated.

We had a successful meeting which might imply new business. Opening another door in the insurance industry

I sumbmitted a proposal today for new business.

My continuing challenge is to balance income versus developing my business. As long as I am developing the business income reduces. But business development is based on a long term strategy while income is a short term survival.

I had very good networking meetings in the last three days. I need to now turn the opportunities in cash flow.

I have forwarded many proposals and must generate a few more proposals in order to get my business running. Balanceing earnings is a major constraint in driving passive income streams.

I am starting with a new project in the health industry focused at completing an Request For Information for a Hospital Information system.

I also started a new project in an Life insurance industry focused at the Improvement of a Pricing process in their product development

I submitted a proposal to an Short term Insurance company to develop an enterprise wide information model as well as a balanced scorecard for information management. The initial reaction to my proposal was positive but budget still need to be improved.

I submitted a proposal to another Life insurer to place a contract that will facilitate the implementation of a best practice IT facilitator. I did not receive any feedback.

I got an interesting proposition for a partnership which might give some huge cash flow injections into my business. The problem is that we are dealing with long sale cycles and this opportunity will not bring me any relief in my present financial situation. The question at present is if I can sustain myself long enough to also turn this opportunity into a reality. If I can then might just be a blessing in disquise…

I am spending money in marketing activities and networking but so far had many promises but very little actual return on my investment. failure becomes a real possibility that keeps nagging in the back of my mind.

I had a successful meeting with my business partner. We put our heads together to see how we can grow the business. Lots still needs to be done but I am glad that we at least have a common strategy going forward.