SWOT analysis – the way to spot opportunity

More people should use the SWOT analysis tool.

SWOT analysis is a way of noticing strenghts and weaknesses in a business. This can be used on your own business, but also when trying to find a niche to fill and make money from.

If you want to do this yourself, then do. But I would recommend for you to use the services of professional market researching firms. They can help you investigate a market segment, a certain segment in a certain geographical area etc.

Let’s say you want to see what kind of weaknesses that exists in the local food business segment in your local town. Then you contact the market researching firm and have them find the weaknesses that is currently existing.

When you know the actual weaknesses then you also know where you are the most needed. It is up to you now to find a solution to these current weaknesses and sell the idea locally to the businesses in the local food segment.

Now, test it. I am pretty certain you will make money from day one and if you are sharp, profit as well.

Do you know how to build enormous cashflow streams?

As an extension to my previous blog post “Startup deficites and how to create a surplus”.

If you are interested in increasing your cashflow stream (either your private one or for your business) you have to buy cashflow streams with as much money as you can get your hands on.

If your business has an annual revenue stream of $1 Million, then minimise fixed expenses as much as you can and invest 30% or more of your revenue stream in monthly divident income from other businesses. Then reinvest the divident income and 30% or more of your current revenue stream in even more monthly divident income.  Repeat, repeat and repeat.

You can get your hands on these opportunities by working together with a corporate finance company (investment bank). They can help you find these opportunities for you.

Let me give you an example so as to clarify how I mean:

Say you have $1 Million in annual revenue stream in your business. You take 30% ($300,000) and invest the money in guaranteed monthly divident income. This give you an annual, new, cashflow stream of $300,000 X 30% (in this example you ask for 30% ROI per year) = $90,000 annually.

Every month your company now recieves $90,000 / 12 months = $7,500. On top of your already existing revenue stream.

Every year you reinvest as much as you can of the revenue stream in more and more guaranteed monthly dividents income.

This secures your company from serious downturns in business.  A hedge.

It also makes your business a stronger competitor. A stronger force.