8 Tips For Startups and Small Businesses
Get up, Start up!
Get up, start up!
If you want to get into business. What to consider before leaping into the world of entrepreneurship?
Here we share 8 tips to transform your business idea into action..
1- Keep on the winner mentality.
It's the same in the business world as it is on the football field. You've got to expect big things for yourself. You've got to expect that you will win. Don't go into any venture believing that you'll fail, because then you will. Always expect the best for yourself and for your corporate and be clear about what you want, what you expect to happen, and then take the action and get moving.
2- Follow your passion, don’t go for what you think is easy.
Think about a big business idea that you have. Are you in love with it? Is it something you'd be ecstatic to eat, sleep and breathe every day for a few years? If it pumps you up just thinking about doing it for a living, that's a good sign. Always turn your passions into businesses in some way.
3- Be a teacher, remain a student.
Keep positive about learning new things every day. Long after you leave your last class, as an entrepreneur, you must always be a student, willing to take advice, listen to others ideas and observe those who’ve been there themselves.
4- Dedication as a key.
You have to encourage your teammates and employees, be the type of founder who's always around.
A discouraged, unengaged team is the first sign that a business is doomed to fail. If you are not willing to dedicate the time and obsess over your business in the early years, you are not cut out for this kind of life.
5- Listen to the market.
“Resist falling in love with your initial idea so you can discover what the market actually wants and is willing to pay for, then give it to them” - Cherylanne Skolnicki.
Even if you nail down the perfect niche, it won’t necessarily remain the same forever. You must be always ready to pivot and react when the winds of change come.
6- Building as a priority.
Create written processes for how you do things, from recruiting to basic tasks, etc. in the beginning stages of your business. Creating will be the thing that defines your long-term success. Document everything, keep it always accessible to you anywhere, anytime. Not only will it help you delegate the day-to-day tasks you do as founder, it will make training, re-training, and process improvement that much more streamlined. It's OK that processes change as you grow.
7- Listen to Customers.
You have to really listen to your customers, instead of assuming you already know what they want.
To be a successful entrepreneur, you have to be connected to your clients. You can't build a trusting bond with cold impersonal transactions. So, get out of your office, hit the streets, and talk to your clients face-to-face, collect raw, useful information on how to make their experience even better.
“Make connections and keep a record on each person you meet” - Clare Dreyer.
Quality relationships are the keys to success! Ask professionals for their advice and help. Keep in touch with them along the way and build your network before you need it.