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Having been running my own business successfully for 15 years now, I dare say I know a thing or two about it. I have come a long way over the years, stepped on more than one rake, learnt countless lessons, fallen down and got back up again. What has made my business successful and growing despite all the challenges?
Here are some of my recipes for a successful business:
1. Plan your profits. Think about how much profit you want to make, not how much you will spend, and budget your income and expenses accordingly, adjusting them regularly to suit your circumstances. Remember that where your attention is, growth is, so focus on the positive.
2. Invest. Invest not only in equipment and tools, but also in your brand, your advertising, your knowledge, your expertise and the people who will work for your dream.
3. Spend your time earning income, not saving. Think about how much time you spend trying to do things on your own instead of outsourcing to professionals. You can buy a €100 consultation to get advice on what to do and what not to do, or spend hundreds of hours learning from your mistakes. I think that I do not really need to explain what you should choose in this place.
4. Choose your staff carefully and responsibly and build good relationships with them. Be the leader of your team, lead by example and follow, but never be a dictator who just bosses and bosses around. Remember, employees are your greatest asset, they make you profits, value and invest in them.
5. Learn from your mistakes. Firefighting is about unlearned lessons. Once the lesson is learned, responsibility is taken and changes are made, fires do not happen.
6. Get involved in networking. Relationships and networking are the most direct route to success, and from this comes visibility, trust and all kinds of invisible help. And networking can help you reach almost any contact you need. And not just any contact, but a warm contact.
Before booking a consultation with a specialist, please write your question.
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