ALL employers must follow a business trip. Sometimes, the successful financial growth slows and requires a long process.
For others, success may be magical things just fall in place. However, we all have to believe the results are not magic, but rather a sign of an entrepreneur who understands the importance of learning to adapt and grow with their business.
Reporting from Entrepreneur, following 10 lessons entrepreneurs in building a long term business healthy and sustainable.
1. The customer is not always right
On the first day of opening a business, we emphasized that "the customer is always right." We are expected to bend over backwards to please every customer. In fact, when they are clearly wrong.
The saying it could be a serious disservice to ourselves, our employees and customers. Give your customers the benefits of this situation, but not at the expense of your dignity or employees.
2. Time is money
Money, customers, and ideas, all of these resources could potentially give it more. Time is the one commodity that you have a limited number. One way to make sure you have a big part in time is a set amount of dollars or dollars per hour for your tasks.
Ask yourself: What is the wage that corresponds to your tasks? If others can competently do his job, let them do it so you can focus on the higher duty, and generate more revenue.
Remember, as a business owner, you only need to perform tasks that can be done.
3. Not all money is good
This is a lesson for many entrepreneurs who struggled early in their careers. When you build a business from the bottom, it is easy to fall into the trap of taking money from anyone who offers advantages. The problem is, not all customers or clients deserve.
Avoid clients that take up too much of your time, which consistently have unrealistic expectations. Thus, you forget a lot of things more important subject and profitable.
4. There's no shortcuts in marketing
We often talk with business owners who want consulting marketing, but then avoid the recommendation as "too expensive." The correct answer is, cheap marketing can make your brand look cheap.
Content of low quality and low-cost advertising with a "budget" frugal SEO useful for short-term only. However, the damage is much greater associated reputation of your brand in the long term.
5. Outsource as much as possible
If you do not have the staff to share the workload, consider outsourcing. Many employers feel that hiring a virtual assistant abroad significantly reduce the time they need to spend on routine tasks, and freeing them to perform tasks that generate revenue.
6. Build brand and private companies
Many entrepreneurs make the mistake of focusing on building the company's brand, but ruled out building a personal brand. Keep in mind, a personal brand will differentiate you from the competition, giving authority and credibility to your business.
7. Work is life, and life is too short to hate jobs
Work-life balance is something that many entrepreneurs strive for. When you're passionate about what you do, and when you focus on the happiness (both your own and employees), the job is not just something that is done to fund the "real life" you.
8. Hire people who are smarter than you.
Let's face it, there are always people who are smarter than you. If you are lucky enough to find these people was their hire. Thus, you can focus on the best stuff and give them the freedom to do the same.
9. Best practices may not be good for your customers
At the moment you are just starting a business, it is very easy to get caught for doing what other people are saying, as the "best way" to do something.
Regarding this case, "they" do not know about your customers or clients. Use best practices as a starting point. Adapt was to meet the unique needs of your business and customers.
10. Just do it
Plan, strategize and weigh options, all have an important role in the business. But, there comes a point when you should do it. You know the quote: "Better to do something imperfectly, than to do nothing".
The analysis could be paralyzed just because of the lack of ability to carry out the plan, thus inhibiting the growth, innovation and progress of your business.
For others, success may be magical things just fall in place. However, we all have to believe the results are not magic, but rather a sign of an entrepreneur who understands the importance of learning to adapt and grow with their business.
Reporting from Entrepreneur, following 10 lessons entrepreneurs in building a long term business healthy and sustainable.
1. The customer is not always right
On the first day of opening a business, we emphasized that "the customer is always right." We are expected to bend over backwards to please every customer. In fact, when they are clearly wrong.
The saying it could be a serious disservice to ourselves, our employees and customers. Give your customers the benefits of this situation, but not at the expense of your dignity or employees.
2. Time is money
Money, customers, and ideas, all of these resources could potentially give it more. Time is the one commodity that you have a limited number. One way to make sure you have a big part in time is a set amount of dollars or dollars per hour for your tasks.
Ask yourself: What is the wage that corresponds to your tasks? If others can competently do his job, let them do it so you can focus on the higher duty, and generate more revenue.
Remember, as a business owner, you only need to perform tasks that can be done.
3. Not all money is good
This is a lesson for many entrepreneurs who struggled early in their careers. When you build a business from the bottom, it is easy to fall into the trap of taking money from anyone who offers advantages. The problem is, not all customers or clients deserve.
Avoid clients that take up too much of your time, which consistently have unrealistic expectations. Thus, you forget a lot of things more important subject and profitable.
4. There's no shortcuts in marketing
We often talk with business owners who want consulting marketing, but then avoid the recommendation as "too expensive." The correct answer is, cheap marketing can make your brand look cheap.
Content of low quality and low-cost advertising with a "budget" frugal SEO useful for short-term only. However, the damage is much greater associated reputation of your brand in the long term.
5. Outsource as much as possible
If you do not have the staff to share the workload, consider outsourcing. Many employers feel that hiring a virtual assistant abroad significantly reduce the time they need to spend on routine tasks, and freeing them to perform tasks that generate revenue.
6. Build brand and private companies
Many entrepreneurs make the mistake of focusing on building the company's brand, but ruled out building a personal brand. Keep in mind, a personal brand will differentiate you from the competition, giving authority and credibility to your business.
7. Work is life, and life is too short to hate jobs
Work-life balance is something that many entrepreneurs strive for. When you're passionate about what you do, and when you focus on the happiness (both your own and employees), the job is not just something that is done to fund the "real life" you.
8. Hire people who are smarter than you.
Let's face it, there are always people who are smarter than you. If you are lucky enough to find these people was their hire. Thus, you can focus on the best stuff and give them the freedom to do the same.
9. Best practices may not be good for your customers
At the moment you are just starting a business, it is very easy to get caught for doing what other people are saying, as the "best way" to do something.
Regarding this case, "they" do not know about your customers or clients. Use best practices as a starting point. Adapt was to meet the unique needs of your business and customers.
10. Just do it
Plan, strategize and weigh options, all have an important role in the business. But, there comes a point when you should do it. You know the quote: "Better to do something imperfectly, than to do nothing".
The analysis could be paralyzed just because of the lack of ability to carry out the plan, thus inhibiting the growth, innovation and progress of your business.
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