{"id":10737,"date":"2015-11-17T17:10:50","date_gmt":"2015-11-17T17:10:50","guid":{"rendered":"https:\/\/www.outsourcedacc.co.uk\/?p=10737"},"modified":"2015-11-17T17:13:25","modified_gmt":"2015-11-17T17:13:25","slug":"small-business-owners-top-10-things-to-keep-in-mind","status":"publish","type":"post","link":"https:\/\/www.outsourcedacc.co.uk\/blog\/small-business-owners-top-10-things-to-keep-in-mind\/","title":{"rendered":"Small-Business Owners \u2013 Top 10 things to keep in mind"},"content":{"rendered":"

Don\u2019t Putting It Off!<\/strong>\u00a0 Procrastination is the enemy of success.\u00a0 The time you waste on stalling breeds guilt, and guilt deflates energy and sometimes even leads to depression. \u00a0When you feel stuck and can\u2019t seem to move ahead, always remember that you don\u2019t have to get it right, you just have to get it going!<\/p>\n

\u00a0<\/strong>Make Big Mistakes.<\/strong>\u00a0Don\u2019t be afraid to fail its proof that you are trying hard and you are meant to be a successful entrepreneur.\u00a0 The only difference between people who are hugely successful and those who aren\u2019t is the time it takes them to get back up after getting knocked down.<\/p>\n

You are Little and Flexible.\u00a0<\/strong>\u00a0The big guy may have the corner on money but the little guy usually has the corner on creativity, cost and flexibility.\u00a0\u00a0\u00a0Take some time to sit down and figure out how your big rival is promoting their brand and plan. You can do it more effectivity and for cheaper, something smarter and more creative for yours.<\/p>\n

The Power of Free Social Media.<\/strong>\u00a0It always amazes me how easy it to get your name out there. 10 years back connecting with the mass social was something only the big guy can do.\u00a0Before you go out and blow money on advertising, capitalize on the free online access that leads you direct to your customers.\u00a0\u00a0 Blog, Tweet with humor or any trending topic, and make as many friends\/connections as you can on\u00a0Facebook<\/a>, Twitter, LinkedIn, Instagram and on and on…\u00a0 You can quickly build a huge following of customers willing to try your new product without spending a Pound on advertising. Please remember not to leave them dormant. If you can\u2019t handle it, its best you don\u2019t.<\/p>\n

Don\u2019t Rush Out to Get a Patent.<\/strong>\u00a0\u00a0Most entrepreneurs get a patent, trade mark on their new product or service as soon as they open their business.\u00a0 All that does is help build your patent attorney\u2019s business rather than yours. \u00a0It\u2019s a much better bet to put all your energy into getting your product to market before the next guy does.\u00a0 Patents only protect you IF you have the money to defend them, and small businesses don\u2019t.<\/p>\n

Start Blogging.\u00a0<\/strong>\u00a0The best way to get some attention for your product or service is to publish an industry related reports on a daily or weekly basis. \u00a0You\u2019ll be surprised how much you know about your industry once you start putting some numbers and articles.\u00a0 Reporters need stories, and if you put your report in a short, easy-to-read format and name it after your company, you\u2019ll soon become the expert when they search specific statistics.\u00a0 The easiest way to steal market share from your competitors is to steal the limelight, and nothing does that faster than being quoted in a reputed media.<\/p>\n

Get staffed up with the right people.<\/strong>\u00a0 Find the people with the right attitude and enthusiasm your business needs. Make sure you pick good people to build your business with, as they\u2019ll determine 80% of your success. There are really only two kinds of people: expanders and containers.\u00a0 Learning to separate them quickly into the right category will save you a lot of time.\u00a0 \u2018Expanders\u2019 like to push the envelope, take risks, make new friends, and test how far they can go!\u00a0 They also like to spend your money.\u00a0 \u2018Containers\u2019 like to keep things in order and stay on top of the details.\u00a0 They keep you from losing your money. \u00a0If you match the right person to the right position that takes advantage of their natural talents you\u2019ll build a powerful team of workers with all the strength needed to build a huge business.<\/p>\n

Do it yourself before Delegating. <\/strong>Before you start feeling like the boss man and delegating work do it yourself. Learn the task, process and put the systems in place. If you take the time to set it up once, make a System for Everything You Need to Do More Than Once. You\u2019ll build your business faster and know when someone is wasting your time. \u00a0Learning new tasks and processes is easy when you have google and YouTube in hand.<\/p>\n

Get rid of the Complainer!<\/strong>\u00a0\u00a0If you spot a complainer and if you have the authority to do it, fire them right away.\u00a0 Complainers are like thieves, robbing you and your company of its good energy.\u00a0 Your whole team\u2019s outlook will shine brighter once you\u2019re rid of them.<\/p>\n

Find a good mentor. <\/strong>\u00a0You don\u2019t know everything and you can\u2019t handle everything. Find a mentor who you can get advice from. Someone external who can think out of the box for you. A good business Accountant can help you in many ways. Act as a CFO when you can\u2019t afford one at the start.<\/p>\n","protected":false},"excerpt":{"rendered":"

Don\u2019t Putting It Off!\u00a0 Procrastination is the enemy of success.\u00a0 The time you waste on stalling breeds guilt, and guilt deflates energy and sometimes even leads to depression. \u00a0When you feel stuck and can\u2019t seem to move ahead, always remember that you don\u2019t have to get it right, you just have to get it going! […]<\/p>\n","protected":false},"author":12312400,"featured_media":10738,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[19],"tags":[34,35,33],"_links":{"self":[{"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/posts\/10737"}],"collection":[{"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/users\/12312400"}],"replies":[{"embeddable":true,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/comments?post=10737"}],"version-history":[{"count":0,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/posts\/10737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/media\/10738"}],"wp:attachment":[{"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/media?parent=10737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/categories?post=10737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.outsourcedacc.co.uk\/wp-json\/wp\/v2\/tags?post=10737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}