How to become a better business owner: 4 simple steps. https://buff.ly/3cNEJsX #SmallBusinessTips #StartUp
Erica Stambler, Attorney at Law’s Post
More Relevant Posts
-
Starting a business is an exhilarating and exhausting journey filled with challenges and opportunities. While no two paths to success are identical, there are foundational strategies that every start-up can adopt to build a strong foundation: 1. Take risks but capture the lessons along the journey. Ask yourself, will this break me? Will the gain outweigh the risk? 2. Your net worth will be your network - take the opportunity to speak to as many people as possible, especially in the beginning. Here is a tip: Provide value to them. 3. Learn about your niche, how the customer thinks, what the customer wants, how they go about their day's. In the beginning focus more on speaking to the customer to gain feedback, even people who didn't buy. 4. Learn - Learn - Learn...Accept the fact that you will not know everything but you can always learn. Keep a student like mentality - a sponge. 5. This is tough but if your focus is only on making money - you will not focus on what your products/services are delivering - you will keep chasing the next sell. 6. Don't - I repeat - Don't buy every shiny tool/resource available. Focus on simplicity. What is the bare minimum number of tools, tech, partnership, and hires you need to maintain business? Going broke is why approximately 20% of small businesses never make it past the first year. 7. Focus on building an evolving machine - don't focus on setting stringient processes that can't pivot. Focus on building an evolving team...if the market shifts, your team will drive that change, if they are prepared and resilient. 8. Get the time you need to unwind - burnout is real no matter the passion you have - you can only do so much. Set time for mental breaks, physical relaxation and do at least 1 thing every day you enjoy. (Running, biking, reading, etc.) Don't make your entire day about work. Remember, building a start-up is a marathon, not a sprint. What’s your #1 tip for aspiring founders? Share in the comments below—I’d love to hear your insights! #StartUpTips #Entrepreneurship #SmallBusiness
To view or add a comment, sign in
-
🚗 Goal + System = Success Many of us set ambitious goals — “I want to grow my business,” “I want to get fit,” or “I want to master a new skill.” But without a clear system, goals remain dreams. This simple visual explains it perfectly: 🚫 Goal Only: You know where you want to go, but without a plan, you’re stuck at the starting line. 🚫 System Only: You’re moving, but without a goal, there’s no direction — just busy work. ✅ Goal + System: The magic formula! A goal gives you direction, and a system keeps you moving forward. Here’s how to align your goal and system: 1️⃣ Set a Clear Goal: Define your destination. What does success look like for you? 2️⃣ Create a System: Build daily or weekly habits that get you closer to your goal. 3️⃣ Track Progress: Adjust the system as you move forward. The road may not always be smooth, but with both a goal and system, you’ll get there. ✨ Remember: Success isn’t just about dreaming big; it’s about building the right habits and system to get there consistently. What’s a goal you’re working on this year? And what system will help you achieve it? Let’s inspire each other in the comments! 🌟 #Motivation #Goals #Success #Habits #business #startup #bizztor
To view or add a comment, sign in
-
-
💡 𝐒𝐡𝐚𝐫𝐢𝐧𝐠 𝐚 𝐩𝐫𝐨 𝐭𝐢𝐩 𝐭𝐨𝐝𝐚𝐲! 🌟 One thing I've learned from my experience in juggling a side project with a regular job and family is the power of time management and prioritization. Balancing work, personal life, and a side project can be overwhelming, but 𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐝𝐨𝐰𝐧 𝐭𝐚𝐬𝐤𝐬, 𝐬𝐞𝐭𝐭𝐢𝐧𝐠 𝐜𝐥𝐞𝐚𝐫 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐬𝐭𝐢𝐜𝐤𝐢𝐧𝐠 𝐭𝐨 𝐚 𝐬𝐜𝐡𝐞𝐝𝐮𝐥𝐞 can make a huge difference. ☺️ This simple yet effective strategy has helped me stay organized, focused, and productive while managing my various responsibilities. Give it a try, and let me know how it works for you! Remember, success lies in efficient time management and prioritizing what truly matters. 💪 #WorkingMom #Entrepreneurship #Founder #Tech
To view or add a comment, sign in
-
-
#WhatIsProductivity? 🚀 Day 13/30 of the Entrepreneurship Growth Challenge! Today, we're sharing tips on boosting productivity for entrepreneurs. These strategies will help you make the most of your time and achieve your business goals more efficiently! 💼💪 1. Prioritize Your Tasks 📝 - Focus on important tasks that drive your business forward. - Use the Eisenhower Matrix to categorize tasks by urgency and importance. 2. Set Daily Goals 🎯 - Start each day by outlining your top three goals. - Break down large projects into manageable tasks. 3. Automate Repetitive Tasks 🤖 - Use tools like Zapier or IFTTT to handle routine tasks. - Save time and reduce errors with automation. 4. Take Regular Breaks 🧘 - Follow the Pomodoro Technique: work for 25 minutes, then take a 5-minute break. - Maintain focus and prevent burnout with regular breaks. 5. Delegate Effectively 👥 - Identify tasks that others can handle and delegate them. - Trust your team and provide clear instructions. 6. Create a Productive Workspace 🖥️ - Set up a dedicated workspace free from distractions. - Keep your workspace organized and well-equipped. 7. Use Productivity Tools 📅 - Tools like Trello, Asana, and Todoist can help manage tasks and projects. - Track your progress and adjust your plans as needed. By implementing these tips, you can boost your productivity and make significant strides in your entrepreneurial journey. Let's get to work! 🚀 #entrepreneurship #growthchallenge #productivitytips #startup #businesssuccess #30daychallenge #businesstips #entrepreneurmindset #worksmarternotharder
To view or add a comment, sign in
-
-
Title: "Mastering the Entrepreneur's Tightrope: Work-Life Balance and Business Scaling". In the entrepreneurial world, there's a subtle dance between scaling your business and maintaining a personal life. It's a constant high-wire act. The thrilling challenge of growing a business often overshadows the need for personal time. But, remember, the heart of every successful venture beats within a well-balanced entrepreneur. Firstly, it's all about prioritizing. Every successful venture is rooted in a clear vision. Define your business goals, but simultaneously sketch out your personal objectives. We often forget that personal growth and business growth are interconnected. A satisfied mind fosters creativity and innovation, key drivers for business expansion. Secondly, embrace the power of delegation. Yes, your business is your baby, but you can't do it all. Surround yourself with a competent team you trust and handover tasks that can be managed by others. This not only frees up your time but also empowers your team, fostering a growth-oriented culture. Thirdly, technology is your ally. Automate where you can. Use project management tools, automated marketing software, and AI for customer service. Embrace digital solutions that save time and energy, allowing you to focus on strategic tasks and your personal life. Lastly, learn to switch off. In the era of smartphones and 24/7 connectivity, it's essential to set boundaries. Designate 'no-work' zones in your schedule. Recharge, rejuvenate, and then plunge back into the entrepreneurial battlefield with renewed vigor. Remember, scaling a business is a marathon, not a sprint. It's a delicate dance between nurturing your venture and yourself. Find that equilibrium and you'll find success in both arenas. After all, a well-balanced entrepreneur leads a well-balanced business. #EntrepreneurLife #BusinessScaling #WorkLifeBalance
To view or add a comment, sign in
-
-
Title: "The Entrepreneur's Equation: Balancing Work, Life, and Startup Strategy" The life of an entrepreneur is a thrilling rollercoaster ride, filled with high peaks of success and valleys of challenges. As an entrepreneur, you're often required to wear multiple hats; you are the strategist, the marketer, the salesperson, the customer service representative, and more. This can often blur the line between personal and professional life. But here's a thought: is it possible to strike a balance? Maintaining equilibrium between work and personal life is not just about time management; it's about managing your energy, passion, and commitment. It involves setting boundaries while embracing flexibility. It's the art of knowing when to switch off the work mode and when to dive deep into it. A key aspect of achieving this balance lies in your startup strategy. Your strategy should not just be about business growth; it should also encompass your personal growth. An effective startup strategy is one that aligns with your personal goals, values, and well-being. Here are a few tips to help you achieve this balance: 1. Set clear priorities: Know what is important to you in both your personal and professional life and prioritize accordingly. 2. Learn to delegate: You can't do everything alone. Build a team that complements your skills and delegate tasks to them. 3. Maintain a growth mindset: See challenges as opportunities for learning and growth. This mindset will help you maintain your enthusiasm and energy. 4. Practice self-care: Exercise, meditate, eat healthily, and get enough sleep. A healthy body and mind will improve your productivity and creativity. Remember, the journey of entrepreneurship is a marathon, not a sprint. It's not about working 24/7, but about working smart. A well-balanced life leads to a successful and sustainable business. #WorkLifeBalance #Entrepreneurship #StartupStrategy
To view or add a comment, sign in
-
-
How do you stay motivated when you business hits rough seas? Starting a business is an exciting journey, but the early days can be incredibly tough. When the going gets rough, staying motivated is key to pushing through and reaching your goals. Here are some tips to help you stay driven during challenging times: 1) Remember Your 'Why': Reconnect with the reason you started your business. Your passion and vision are powerful motivators that can reignite your drive. 2) Set Small, Achievable Goals: Break down your big goals into smaller, manageable tasks. Celebrating these small wins can boost your morale and keep you moving forward. 3) Seek Support: Surround yourself with a supportive network of mentors, peers, and friends. Sharing your struggles and successes can provide encouragement and fresh perspectives. 4) Stay Positive: Focus on the positives and what you’ve accomplished so far. Keeping a positive mindset helps you stay resilient and open to new opportunities. 5) Learn from Setbacks: View challenges and failures as learning opportunities. Every setback is a chance to grow, adapt, and come back stronger. 6) Take Care of Yourself: Ensure you’re maintaining a healthy work-life balance. Regular exercise, proper nutrition, and enough rest are crucial for keeping your energy and motivation high. 7) Stay Flexible: Be open to change and adapt your strategies as needed. Flexibility allows you to navigate obstacles and find new paths to success. 8) Celebrate Progress: Take time to acknowledge and celebrate your achievements, no matter how small. Recognising progress keeps you motivated and shows that you’re moving in the right direction. Remember, every successful entrepreneur has faced tough times in the beginning. What sets them apart is their determination to keep going. Stay focused, stay motivated, and keep pushing forward. Your breakthrough could be just around the corner! What would you add to this list? Share below ⤵ #Entrepreneurship #Motivation #Resilience #SmallBusiness #StartupLife
To view or add a comment, sign in
-
Failure isn’t the end—it’s a steppingstone. Turning a Major Failure into Positivity: A Small Business Owner’s Guide Facing failure is tough, especially for small business owners who pour their hearts into their ventures. But here’s the silver lining: failures can be powerful catalysts for growth and resilience. Let’s explore how to transform setbacks into steppingstones: 1. Embrace the Learning Opportunity: o Analyze what went wrong. o Was it a flawed strategy, poor execution, or external factors? o Document these lessons—they’re your secret sauce for future success. 2. Shift Your Mindset: o Instead of dwelling on failure, focus on learning. o Thomas Edison said, “I have not failed… I’ve just found 10,000 ways that won’t work.” o Embrace this mindset. 3. Seek Feedback and Advice: o Reach out to mentors, fellow entrepreneurs, or industry experts. o Their insights can provide fresh perspectives and guide your next steps. 4. Pivot or Persevere: o Sometimes failure signals the need for a pivot. o Is there a different market, product, or approach you haven’t explored? o Be open to change. o Alternatively, if your core vision remains strong, persevere with adjustments. o Remember, Amazon started as an online bookstore! 5. Communicate Transparently: o Be honest with stakeholders—employees, customers, and investors. o Transparency builds trust and shows resilience. 6. Celebrate Small Wins: o Even amid setbacks, find victories. o Did you retain loyal customers? o Did you learn a new skill? o Celebrate these mini successes. 7. Network and Collaborate: o Connect with other entrepreneurs who’ve faced similar challenges. o Shared experiences create a supportive community. 8. Rebrand and Reframe: o Turn your failure story into a narrative of growth. o Share how it shaped your business philosophy and fueled your determination. 9. Stay Adaptable: o The business landscape evolves. o Adaptability is your superpower. o Be ready to iterate, innovate, and evolve. 10. Remember Your ‘Why’: o Revisit your initial passion—the reason you started your business. o Use it as fuel to rise from failure stronger than before. Remember, every successful entrepreneur has stumbled. It’s how you rise that defines you. 🌟🚀🌱 ________________________________________ If you wish your business was more effective and efficient, I have good news. It’s not too late to create something meaningful in 2024. My name is Paul Angelle, and I create comprehensive business plans.
To view or add a comment, sign in
-
-
Take a Break, Come Back Stronger 🎄✨ Starting and running a business is no small task, it’s a full-time commitment that often feels like a 24/7 job. Between meetings, pitches, conferences, and the constant pressure to think ahead, it’s easy to feel overwhelmed. As Christmas approaches, this is your chance to pause. Take some well-deserved time off to recharge, spend quality time with friends and family, and clear your mind. Success demands time and energy, but it’s productive and focused time that makes all the difference. So if the past months have been a whirlwind of stress, step aside for a moment: 🎿 Do some sport 🍻 Go for drinks with your friends 🍲 Cook a special meal with your loved ones Disconnect now so you can reconnect later with clarity and a renewed drive to achieve your goals. Your business will thank you for it. #WorkLifeBalance #Entrepreneurship #Productivity #Recharge #HolidaySeason #Focus #Startup #ImpactByDesign
To view or add a comment, sign in
-
-
3 extra productive hours a day, within 1 week of implementation of Simplify Mind System. Even I am amazed to see this kind of transformation my clients are experiencing! I don’t promote quick hacks, but its beautiful to see, how fundamental changes can also lead to huge transformation in such short time. Recently I started helping one ambitious person, who is trying to establish his business along with job. You can understand how crucial time will be for him. People get burnout in one job or one business, and when you do both, Time is like Gold. When I asked him, what helped him to get extra productive hours, he mentioned one word. AWARE He said, I became more aware that I am not my mind and I need to train my mind, with implementation of Simplify Mind System. How does that work? When you are losing time unproductively, it happens due to lack of awareness. You are lacking awareness of what are you doing, what is more important. How your mind is wasting your time in low priority things. Your goals and current actions are not aligned. The moment you realize this, at deep level, Magic happens! That’s what we do in Simplify Mind System. What will change if you get 3 extra productive daily? Think... Thank you God, thank you universe for giving me this capability to help others. #manojsimplify #simplifymind #mindsimplifier #productivity #personaldevelopment #growth #timemanagement #entrepreneurship #business #startups #solopreneur #founder #bootstrapped
To view or add a comment, sign in
-