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When you’re a business owner, there are very few things you can depend on to stay the same. In fact, change is one of the things you can always depend on! As such, it’s essential to keep an eye on market changes and trends in business – this will allow you to more confidently make the decisions that will keep your business healthy.
Ever since I was a child, I have had a bucket list of things I want to do and places…
Goal setting is something that we as business owners tend to enjoy doing, but following through on those goals is often a different story. It’s motivating to see those goals listed in your business plan. It’s fun to set them, and it’s encouraging to think of how your business will grow. But without a consistent plan of action, that’s what they will remain – goals. This is where your end of quarter review can become one of the best tools in your arsenal.
Summer is over, and it’s time to get back to work! Do you find yourself needing a bit of a kick in the butt when it comes to your business? After all, we only have about 3 months left to make our annual goals. If the answer to that question is yes, you’re not alone – and today, I’d like to share some tough love to help you and other entrepreneurs learn how to run a small business successfully.
There are times when we all need a bit of tough love, and I’m no exception. The tips I’ll share below come from both my own experience and from helping hundreds of clients develop their systems, grow their teams, and build profitable businesses.
All too often, people at all levels jump in and do tasks that truly are not at their highest and best level. While they feel that they may be helping pitch in or think it would be easier to just get it done themselves, ultimately they are starving their company by deciding not to stay in their zone of genius. The cost of these lost opportunities can be difficult to determine, but when you take a deeper look at them, you’ll see that it’s often significant.
As business owners and leaders, we all want to be able to delegate effectively to a great team – but unfortunately, this is often easier said than done. Instead of an easy workflow to get tasks off our plates, we tend to find ourselves mired in half-met expectations and frustration.
While it is important to build a team you can easily delegate to, it’s also important to realize that this is not going to “magically” happen. It will take some effort and communication on your part, but once the system is up and working, you’ll never look back. It’s that effective.