Running a successful business is the dream of every entrepreneur. Thriving in business, however, requires skill and tact, all which can be learned. They say business is not for everyone, but that may be one of the many external factors that can hinder you from pursuing your venture. You can go beyond the societal noise and mockery and not only make a name for yourself, but become the go-to person in your field.
Tony Robbins, one of the most respected business and life coaches in the world, built a business empire without a college degree while hailing from a troubled home. There is always something you can learn from the best. If you want to run a successful business, applying the pointers below could help you make a difference. Read more at iAfrikan.com
- Have must-do’s not just goals
Sometimes, setting goals does not motivate us to achieve what we need to achieve. It is like having something that should be done but there is not a huge drive toward achieving it. Framing the things you need to achieve as ‘musts’ gives you a renewed energy. You suddenly start going over and beyond, putting in all the necessary resources without restraint because you MUST get what you want.
- Do something that makes you want to wake up every morning
We all have one or two things that motivate us. Something that makes you feel alive and brings you utmost fulfillment. It’s a tragedy to be running a business venture that you hate or one that you barely understand just because you want to cash out. That said, you can still start off by doing what you have to do to raise money for your dream venture. Eventually, a business that will last is one which you love to run.
- Learn to embrace and push through challenges
To move to higher levels in business, you need to embrace challenges as an inevitable part of the journey. People rarely make progress in life inside of their comfort zones. Courageous people are not necessarily fearless, but they are able to keep moving despite how they feel because they are aware of the reward that awaits. Pushing through fear allows you to make progress and move from victory to victory.
- Love and embrace your customers
Make customers fall in love with your business. Businesses which treat customers as king always win. Without the customer, you do not have a business. Listen to them. Treat them with care and respect despite their status or social standing. Do more for your customers and they will do more for you.
- Deliver beyond expectations
You have to get rid of the ‘what’s in it for me’ mentality and go all in to give the best that you can. Extra effort is always rewarded. Focus on adding value to the other person’s life by offering the best quality of a product or service that you can. Deliver more than promised when you can. Remember, the devil is in the details so ensure every aspect of your business is excellent.
- Keep learning and growing and seek help
Do not accept defeat. Find all the resources you need to get ahead. Learn, read books, model successful habits, and be resourceful to move forward. Think outsourcing because at some point, you will most likely need a second or third hand to get ahead. No one can be the jack of all trades.
- Have an exit strategy
Smart entrepreneurship demands that you have an exit strategy, which is a plan of leaving or selling a business at some point. A proper exit strategy gives you a sense of peace and safety because every business you undertake is a risk. It involves knowing what you want to get out of your business when you leave, the time frame, if you want the business to continue after you leave, and what you will pursue next. There are several benefits of having an exit strategy including being able to define your success and setting strategic goals.
Having a business plan and carrying out
market research can be crucial to business success. The correct skills and
tactics will help actualize your venture into an empire.