Strategy Plan One
August 1, 2012
Business Tips for the Entrepreneur
As you are midstream through harsh economic times, take the time to reflect on your current business operations. Think about the small things that could be tweaked that can have the maximum positive impact on your business. Here are some helpful business tips to maximum the output in your organization and in your business development.
Business Tips – Maximize the Use of Your Time
Time is definitely considered an asset when you are a busy, mult-taking entrepreneur. Delegate operational tasks to staff and area specialists as much as you possible can. Free up your time for business management functions, business development, planning and implementation. Institute shorter, more concise meetings and communications as much needed time savers for all. Cut the slack time and concentrate efforts in a condensed shorter period. Incorporate that into individual and team goals.
Clutter can occur in many ways from physical bunched up clutter to the mental clutter of massive workloads of relevant and non-relevant tasks. Take the time to sort this out. Getting organized on a daily, weekly, monthly and quarterly basis should be a standard part of your business and of the action plans across all employees. Encourage organizing and priority setting as part of the valued added side of your corporate culture.
Business Tips – Create a Constructive Environment
Feedback is necessary on all aspects of your business. Ensure that you develop a culture of encouraging and valuing input from all levels in the organization. Constructiveness is essential … when everyone puts on their constructive gear and behavior, everyone is “building” towards a common goal. Feedback can be critical nature, but as team members put on the constructive hats, criticism turns to positive alternative idea and solution generation. Problems and issues are better solved when the collective can feed into the solution.
This business tip is not necessarily focused on spending massive amounts of time on social media. Being social in business means networking, partnering, collaboration, team work. Every business, every entrepreneur venture is vastly stronger when you and your team get out there and communicate and network with everyone. Not all deals, partnerships and customers will automatically fall into your lap … you need to get aggressive and make the moves to communicate and network with others. Remember that social media is only one form of communication and engagement with other businesses and customers. Communications, marketing and business development occur in many ways outside of normal office functions and social media.
Business Tips – Be Helpful
As a leader, entrepreneur and community member be helpful to all and it will eventually return to you in spades. Being a business leader is not a one-way street…. you need to not only receive but to give. Your valued staff give their efforts and their time to helping you achieve your success. You need to help your staff become successful through employee development, encouragement, recognition and in your acceptance of their needs professionally and in their personal lives.
When developing products and services for customers, remember this two-way street. It’s not about just gaining revenue from clients. You should be developing your business around how your products and services can first help the intended market, and meeting the needs of the consumer. Revenue then potentially follows after successfully meeting the needs of the customer.
Plan well for maximum benefits and results!
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