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Tuesday 17 March 2015
Tips For Small Business Success
Helping your small business see success is what we’re all about. Here’s a list of our favorite tips and tricks to help your business increase growth and revenue.
EMBRACE MISTAKES
Learn from your mistakes. When something in your business fails, get right back up, fix it, and be better next time.
RESULTS TAKE TIME
Whether you are just starting up, or you’ve created a new product, remember that there’s a lot you have to do to make that business or product successful.
BE CREATIVE
The big guys with the big wallets don’t always win. Look at what your big competitor is doing and develop a smarter, more creative plan that could crush them.
THINK LONG-TERM
Before making a commitment, or putting together a project plan for a new idea, make sure that it aligns with your long-term goals. If it doesn’t, rethink it.
HIRE THE BEST
Figure out what qualifies as the best for your business then start hiring. The people you build your business with will determine 80% of your success.
INTERVENE EARLY
Work with complainers and non-performers early to change their behavior. They rob your company of positive energy and bring everyone down.
FIND YOUR NICHE
Your business has a specific purpose – so determine who has a need for what you offer. Focus on them, and don’t worry so much about everyone else.
SLOW DOWN
If a project or idea does well, do it 5 more times before starting a new one. Do what works, before trying something that might not. Experiment, but do it slowly
ASK,“SOWHAT?”
Evaluate achievements by asking “So what?” Did it generate revenue? Gather customer data? Increase conversions? You’ll see greater results this way.
SEEK KNOWLEDGE
Hone your skills and learn new ways to be a better business owner. Continuing to improve yourself will only work to your advantage.
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