How To Make Decision That Benefit Your Business
The Lonely Entrepreneur2024-07-23T08:08:16-04:00Unless you make this principle very clear, you will constantly be battling the wants and needs of everyone else except the interests of the business.
Unless you make this principle very clear, you will constantly be battling the wants and needs of everyone else except the interests of the business.
Don’t let anyone tell you there isn’t a way. Don’t let the established ideas, and traditional solutions make your perspective static and inflexible. You need to bring your creativity to change results.
These Deadly Sins should be a avoided at all costs. The after affects can be detrimental to the progress and growth of your organization.
Customers want salespeople who are thinking about their business - not about selling them your product or service.
When you have limited resources, you must decide on the organization’s top priorities and align what resources you have to processes around those priorities.
The resources in an entrepreneurial venture will only be effective if you understand their situations and allocate an appropriate set of tasks to them. Everyone only sucks if you fail to put them in a position to have a positive impact on the business.
You want to believe that everyone you interact with will share your vision, have your best interests at heart and make the sacrifices it takes to make it happen
Freelancers can supplement your growth by providing various resources on an "as needed" basis without the need to hire full time employees
Advisory boards can be an invaluable source of insight.
Creating your business plan and how you are going to use it are key steps in setting the foundation for success.
Process actually improves innovation, creates the stability and opportunity for creativity, and provides the organizational structure to meaningfully implement both.
Embrace the gift of growth and learning. You may tap potential you didn’t know you had!
It’s tough, but once you realize the power of changing your perspective, the challenge becomes exciting, and the responsibility becomes liberating
It's Natural For Entrepreneurs to Blame Others
Accept this brutal truth - that the success of your business starts with you, and only you can bring your vision to life—and to see it grow successfully
We know how it goes, running from one task to another, constantly worrying about your lack of resources, both human and financial, never enough time to just stop and think about how our mind and body is paying the price for the constant "go go go" mentality
Establish ongoing processes to ensure accurate and efficient communication and goal achievement in the future.
Whether it is making employees more productive, or providing clarity or improving quality, training can help team members contribute more effectively
It's not the features that stand out - it's the positioning in the mind of the customer.
While we always say when you are an entrepreneur there is no difference between your business life and your personal life, when you start your business you actually have to create some separation between the two
Be proud of your invention but share it only with those who can help you in your dream of making your vision a reality.
We hope that whether you are celebrating 4th of July or just taking a much needed vacation, be thoughtful and enjoy the time away from work. Let your mind and body recharge, reconnect with family and friends and learn to really be in the moment. (easier said than done for most entrepreneurs!)
Your team is the most important asset you have, and yet, for many entrepreneurs with young companies, hiring is the skill to which we devote the least time and discipline.
Cash is King. Failure to understand your cash position and current and future cash needs can ruin a business, even a profitable one.
In the chaotic world of entrepreneurship, it is crucial to take the time to think about how to better manage yourself.