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Having a great business idea which sells products and services that people actually want is just the start. To be a success, not only do you need to do well but you need to do better than your competitors. The marketplace is saturated with businesses, many competing for the same customers. Regardless of how niche your company is, you can bet there are others out there who are doing something similar. In order to not only compete but get ahead there are a few things that your business should be doing. Here are some ideas!
A lot of the world’s biggest companies first started out from a home office or – in the case of Steve Jobs and Apple – a garage. And the idea makes total sense, when you consider the costs of renting or buying an office tend to be far too high for a business that isn’t turning a profit yet. That said, home-based businesses do have some significant downsides, which you need to be aware of before you get started on your business. Here are some of the problems you might face, and some essential guidelines to follow.
If you’re a business owner, you should know that your employees are super important to the growth and success of your company. They will support you, bring things to the table that you can only dream of, and help you to build the empire you envisioned when you were just starting out. However, keeping your employees engaged and satisfied is absolutely crucial. It’s all too easy for your employees to feel demotivated and stop producing the high quality of work that they once produced, no matter how long they have worked for your company.
I’m always in my own head. When I’m awake, asleep, whatever. I’m always pondering over something or the other, asking questions. Why did that happen? Why did he do this? What should I have done differently? This mistake I made hurts so much, how would things have turned out if I had taken a different decision? The questions are endless. They are with in the car, they are with me at my desk. They are hovering around in my sleep, haunting me.
Usually, I find an issue to worry about per time, thinking and overthinking it. A lot of times, each matter gives way to another and other times, I draw lessons from them.
As a Creative Entrepreneur who never set out to be one, I started 2017 wondering what I was doing and how I was going to do it. I took the plunge anyway and I would like to share some of my most personal experiences and possibly encourage someone.
The online world is growing every year, and more people are turning to the internet to invest their time and money in the array of products and services available. However, all companies know that they need a strong online presence, so most will have a website and a plethora of social media platforms to utilize and reach their customers and clients. Therefore, there is plenty of competition out there, and in order to stand out from the rest; you need to ensure that you’re putting all your efforts into your online space and making sure that it’s working hard to draw in customer traffic.
Every time I attend an event such as the Wimbiz 2017 Annual Conference, I have two reasons and in the end, two different learning categories. Learning something new is a given and the networking is, no doubt, matchless but what matters the most is the inspiration that comes with spending those two days with women from different walks of life usually with different philosophies, levels of success and sectors foreign to mine.
Us entrepreneurs are a funny breed. You could say we’re contradictions. To start a business, you need to be willing to throw caution to the wind. But, to make it last, you need to plan everything down to the fine details. So, we need to be spontaneous, while also making detailed plans. Sound difficult? That’s because it is.
But, if you’ve got the spontaneity sorted, the planning aspect may not be as tricky as you’re thinking. There are countless guides online which can help you develop the skill.
In life, it’s useful to have a five-year plan. This way, you have something to aim towards. This would also be a good place to start with your business. From the off, you should think where you want to be in five years time, and how you can get there. To help you decide, here are some of the things which should feature.