Quotes

A creative man is motivated by the desire to achieve, not by the desire to beat others. Ayn Rand

Post Top Ad

Wednesday, 15 August 2018

Effective Business Tips That Keeps you Moving as an Entrepreneurs


 As an Entrepreneur there are many challenges that comes your way that makes you feel like quitting, or so often depressed along the way of your business but that's not the major problem, you can overcome the storm, every big company, big business out there sometimes face that also and over came, firstly its about not quitting and some other factors stated bellow.
Have at the back of your mind an Entrepreneur is a risk bearer, all you are doing is but a risk.

1. Keep the big vision in sight.

A big vision will take you far. I put this tip first because when things go wrong on the path to your success, and they will, keeping the big vision in mind will enable you to steer your way back to a successful course. It may not always be the course you imagined, but your big vision becomes your north star, which in turn helps you navigate and orient yourself through the darkness. I believe in this so much, in fact your vision is your foundation, compass and celestial beacon, lighting the way forward.

2. Fuel your vision with perseverance.

What should go hand-in-hand with a big vision is the perseverance you’ll need to keep moving forward. in a movie Game of Thrones, there was a great line in one of the episodes when Stannis Baratheon was being advised about the lack of wisdom in starting a battle in the snow. He responded: “We march to victory or we march to defeat, but we go forward, only forward.”
Sometimes, when things get challenging on your path as an entrepreneur, you have to commit yourself to moving forward, regardless of the discomfort and fear surrounding the next steps. When you fuel your big vision with perseverance and the spirit of “only forward,” you eventually meet your success.

3. Make a plan, but be flexible.

You need a few sets of plans, even if each is only a few pages. A business plan, with an accompanying marketing outline, are important blueprints for success. They help you map out the major landmarks of the road ahead, define your success and break the journey into important metrics you can track your progress against.
I’m not one for a giant, robust plan nobody will access, but I do advocate a more modest go-to plan that can act as your basic instruction manual and hold you accountable to specific numbers. The reason I don’t support highly detailed plans is that I believe you need the flexibility to alter the course as necessary. Sometimes, large changes to the plan will be necessary, it does not necessarily need to be so professional Business Plan but it must be a plan indeed, writing in a way you could understand easily and clearly and it will be a good track record of all your plans for your business/Vision.

4. Embrace your expertise/Skill.

If you’re already innately good at something, or have a skillset, embrace it. Don’t try to be all things for all aspects of your business. Hire out or sign contracts with agencies for the things you can’t do, and focus on your strengths as quickly and often as possible. Don’t be a jack-of-all-trades and a master of none. Your strength is your Glory.

5. Don’t reinvent the wheel.

What is already working in other people’s business models, in your industry, in software applications and other business operations that you can emulate instead of re-create? Don’t waste your time trying to set up systems when you can simply purchase and install one, saving precious time and spending little money. I always keep my burn rate in mind and run as lean as possible. But sometimes the best decision is to take on the expense of some good systems so you don’t have to waste time and make mistakes building your own.

6. Don’t burn out.

This isn’t just a stale piece of advice: Your health is literally the most important thing in your life. When your body gives out, you’re done. Your heart doesn’t care how good a business you have; your circulatory system isn’t all that impressed with your money or accomplishments. . . you get the point. Personally, I try to eat really good food, get good sleep and take as much time as I can manage day by day to laugh with people around me and never get boring.
You will burn out if you sacrifice your physical and mental health on the altar of your business. So, take care of yourself.

7. Keep your sense of humor.

If you can’t laugh at yourself, you’re missing out. 
Laughing is a good cure to diffuse stress, infuse some lightheartedness into life and get some perspective on the fact that, hey, this is only life after all -- you don’t have to take it so seriously.
So, try to laugh more and stress a little less. It strengthens your emotional and mental well-being, keeps other people from getting under your skin and keeps you cool and collected, plus a lot more fun to be around.

8. Review and Restrategise.

When every thing seems crumbling in a business the best option/step to take is to review and restructure your strategy. Sometimes what is faulty about your business is your strategy, your approach. A little change might just be the catalyst to your business.
Note that restrategising is not abandoning your vision. 

After a thorough review of your strategy then you can determine whether to restrategise and move on.

No comments:

Post a Comment

Powered by Blogger.

Search This Blog

Post Top Ad

Your Ad Spot

Pages