| |
| |
|
Small Business Information |
|
|
|
7 Habits of Highly Successful Small Business Owners
Do you spend every waking minute in your business? Do you find it difficult to take time out for you? Are you constantly working in a mess? Unfortunately there are far too many business owners working too long and too hard. They tend to be involved in every aspect of their business from being the bookkeeper, marketer, human resources manager, mediator, customer liaison officer and cleaner. The smaller the business the harder it is for the owner to delegate these functions because they dislike spending any money. They fail to realize that if they invest their dollars wisely in accessing the right type of goods and services to grow their business and be more effective, they will see positive changes occur over time. It takes time to build a good "business mindset". I've noticed that those people who grow their businesses successfully do the following: 1. Highly successful small business owners are great role models They practice what they preach. They lead from the front. 2. Highly successful small business owners invest time and money in their team and themselves They develop their people and themselves through personal and professional development. They utilise outside expertise , as the successful small business owner recognises they do not have all the answers. 3. Highly successful small business owners are organised They know how to manage their time and have systems in place which enables them and their team to work effectively. 4. Highly successful small business owners are fit and healthy They understand that a healthy mind and body improves their productivity and general well-being. They realise that by keeping themselves fit and healthy it enables them to cope with the pressures of running a business. 5. Highly successful small business owners have a life They make time for their personal life a priority because they know it makes them a happier and more successful person. 6. Highly successful small business owners look after their clients They know that clients are the life-blood of their business. Without clients there would be no business. They ensure they continually look after them. 7. Highly successful small business owners are decisive They are not afraid to make decisions and take action. They have to if they want to their business to thrive. The Final Word Highly successful small business owners get their priorities about people, work and home right! They live longer and enjoy life more. They enjoy the challenge of being an entrepreneur. They go home at the end of each day knowing that they have achieved. They are fulfilled and realise that the success of their business is a direct reflection on themselves. So what are you waiting for? If you're dissatisfied with where you are now, then what are you going to do differently? It's June already. Take stock of where you're at. Do you need to make changes to improve your business so that you are able to enjoy the benefits of being the master of your own destiny? Or are you happy with the way you are currently travelling? Only six more months to Christmas. Will you be sitting on the beach in January satisfied with your efforts or will you be making the same new year's resolutions you made at the beginning of t his year? Remember, nothing changes if nothing changes. Implement the 7 Habits of Highly Successful Business Owners on an on-going basis and you too will have a highly successful business. About The Author Lorraine Pirihi is Australia's Personal Productivity Specialist, Leading Life Coach and a dynamic presenter. She runs her own business The Office Organiser specialising in working with Small Business Owners and Managers helping them to dramatically improve their productivity, reduce the stress and the mess and have more time for living life! lorraine@asecretary.com.au
MORE RESOURCES:
Small-Business - Google News |
|
|
|
RELATED ARTICLES
How Your Habits Control Your Small Business Success Habit: A consistent behavior you perform so frequently that it is automatic. For example, if you learned to drive a car with a standard transmission, the first few lessons were pretty jerky while you learned to synchronize the clutch with the accelerator pedal. Business Failure, The 8 Traps Causing Failure And The One Attribute Which Ensures Business Survival It is estimated that 78% of all small business start-ups fail within the first twelve months years, and long-term survival is likely for only 22% of all new business start-ups.At the same time huge corporations with seemly vibrant trade suddenly close their doors. Questions to Ask as Your Business Grows Here are some of the questions that you need to ask yourself regarding various areas of the business before you start your growth push. Are you clear on the goals of your business? Are your managers and other staff also up to date with these goals? Does your accountant or other adviser know what you are planning? Have you developed a business plan which brings into play the whole area of growth, which includes the resources that will be required of it? Have you assessed the performance of your marketing and advertising sections and if so, are these adequate? Have you put in strategies to get repeat sales? Are you clear about your competition and what you need to do to win when you start expanding your operations? Are you confident about your current advertising plan, including whether you have identified your target market and also the methods by which you will reach that market? Have you put in place policies for your employees? Do you feel you have loyal and productive staff? Have you put in place strategies for motivating your employees? This could include a system of extra remuneration or some other way of acknowledging their efforts. Cash Flow: Why Chaos Equals Poor Cash Flow Recently one of my customers told me the chaos swirling through his company was the result of poor cash flow. If only he had more money, his company would run better. Small Business - A Thing Worth Doing Is Worth Doing Badly A thing worth doing is worth doing badly. Yes I know that it should be 'well'. Five Quick Ways to Speed Up Cash Flow At one point or another, almost every business runs short of cash. Whether due to normal fluctuations in demand or an unexpected decline in sales, cash shortfalls are the bane of every company, and are responsible for sleepless nights for many business owners. Forming a Corporation - Investors You've come up with the best idea since sliced bread, figured out a business name and formed a corporation. There is, however, one small problem. Creating Time the Virtual Way Time. As a small business owner, it's the commodity you covet most but never seem to have enough of. Business Owners - Do You Actually Own a Job? How many hours do you work a week? When was the last time you took an uninterrupted holiday? Do your staff have a better job than you? Now ask yourself, Do I Own a Business or a Job- with Overheads? Are you happy about the answers to these questions? If not, read on.In Empower Business Solutions experience, too many owners, after investing their time and money, have not got a fair return from their business. How the Humble Ice Cube Made Business History Gather round while I tell you the story of Kennebec Ice. It's a story full of valuable business lessons even though it happened long ago. Increase Sales in Your Home Business With These 10 Simple Ideas Every home business has the same problem of how to increase sales without a hugely expensive marketing campaign. By utilising the following simple ideas you will be able to do just that. Creative Metrification - A Technique to Improve Some things in business are relatively easy to measure - these are the "hard" metrics such as sales volume and profit, production per man-hour, time without an accident, shipments without error, number of customers served, on-time delivery, etc. Other, "soft" metrics, are more difficult to quantify, but with a little creativity, measurement can be made of just about anything. Starting a Small Business: Balancing Risk and Reward In a perfect world, starting a small business would be risk free, but just as with everything else; the degree of risk determines the value of the reward.According to the National Commission on Entrepreneurship, at any given time, 6% to 9% of the United States adult population is involved in planning for a new business. Perfecting Your Pitch Why should you describe your business to others in 5 to 10 seconds?How long do you think you have to get anyone's attention? 5 minutes? 2 minutes? 30 seconds? It is actually 10 seconds. I know it does not seem like a long period of time but you will be amazed what you can say in 10 seconds. Five Tips for First Time Entrepreneurs It seems so long ago that I started my first business. Since that time, I've created several successful businesses and learned a lot of lessons along the way. Private Franchising is not Real a Real Franchise One major issue not being addressed right now in the regulatory definitions which guide consumers and lawyers in business opportunities and franchising is the new term being used; Private Franchising. The Federal Trade Commission decided it would revise its definitions of such opportunities in 1995, but failed to address this issue. Starting is the Hardest Part You can't imagine how many people ask me how I did it. To turn my back onto convention, to turn a deaf ear on the people who wants what is best for me, to snub my nose at people who thinks I am making one of the biggest mistakes in my life?etc. Justice In Action During the 1980 presidential campaign, candidate Ronald Reagan vowed, if elected, to appoint the first woman to the United States Supreme Court. Six months after his inauguration, President Reagan kept his promise - nominating a member of the Arizona Court of Appeals. Practical Money-Saving Tips For Small Businesses One of the primary concerns all small businesses have is saving money. When it's time to trim the fat, most look for one giant expense to decrease or eliminate in order to stay within budget. How to Create an Employee Manual Large corporations use employee manuals to both educate employees about policies and protect themselves legally. Whether or not you need an employee manual is your decision, though it can be a great tool for keeping your policies consistent.
|
| home | site map |
| © 2006 |
