Welcome back to my channel as you guys know I extend two small and medium-sized companies SAS fiscal the financial planning practice and sugar mama Tv and whilst it’s challenging at the best of goes to juggle the two firms whilst too maintaining a certain level of health and fitness looking after Rocco and my two bird-dogs the report contains days at night where I wake up you know emphasized and obsessed but when this happens.
I look at it as a test and a challenge that I need to rise above and conquer, so I thought it’d be a really helpful mind to share with you guys my top 5 most personal small business tips so that you can drive energy determination and fervour behind your own small-scale business and see where it could fly to tip-off number one is to believe in yourself “were not receiving” stage having all these business plans.
If you don’t deep down genuinely believe that you are capable and can actually achieve those goals that you’ve designated for yourself, now of course we all have an inner critic that gave rise and tries to crush our dream or tell us that we’re not worthy of it or not good enough, or it’s simply impossible and that happens to me all the time I’m an improbable feelings person, and I’m not a hugely confident person, nonetheless, when this happens, I actually use this as an opportunity to pulverize that and rise above it, so when I’m telling myself, you know that’s physically hopeless, there’s enough time in the working day or its first year to get that goal done, I will then you know abide it and listen to that internal critic then I will come up with ideas and solutions to overcome that.
So for example at the start of this year I defined myself some really ambitious goals and yes that either critic said to me haha good luck you know that would be a miracle if you can achieve those, but then I just listened to that internal critic and I agreed it was very ambitious so I been put forward with solutions so my answer was getting more help not just in that business but also at home so I could free up my duration and vigor and framed it all into my goals even both my business and in my personal life, and I’m so glad that I did that because if I listen to that internal critic I would have lowered my goals, lowered my bar, and settle for mediocrity which is I obviously want to do I really believes in continuing stretch yourself propagandize yourself and grow so make sure you believe in yourself humble that inner critic by come through here with tactical proactive mixtures tip.
Number two is to know your numbers, it stuns me the amount of business owners out there who don’t really know or any vaguely know what their benefit boundary is or what the cost is to break-even or the cost of trot that business or what is the impact if they were to take on new produces or brand-new business on the business bottom line you need to know these numbers off my mind now I know this sounds a little obsessive but when you know your quantities you will actually be open and assure a lot more ideas and opportunities that will flow towards you which will assist you make your business to the next degree you open up I suspect the spectrum or the channel for brand-new inspiration to are now in, and you start looking at your business as a different way too when you know your figures in detail you will be a lot more conscious of the channel that you give your time in the business, when I do this, I realize that spending time doing admin undertaking was a waste of my business resources, I was much better off delegating that and presenting it to another staff member, so I could concentrate on increasing that you know the profit margins of the business and finding new business opportunities and since doing that, I’ve never looked back. You need to know your numbers off by nature gratuity quantity.
Three is to plant seeds you need to get out into the community and tell everyone around you what you’re doing how the business is going and what your dreams and goals are for the business now when you do that you never know what might come from it for example the other day I’ve talked to” a hairdresser and I just kind of briefly mentioned what I do is show them on a TV, and she looked at me in folly and said you need to speak with my best friend he’s just said this business up and there’s this could potentially be something really exciting, now ironically, that business is that she aligned to one of my large-scale purposes for sugar mama TV for next year by the end of the working day I had a verse sense from that business owner saying we need to have a chat about some of your goals and what we’re doing and look there is a meeting set up next week, and so I reckon nothing conclude that’s absolutely fine but by simply having that open converse with a person who has I most recently assembled telling what I do they have potentially been set up a brand-new track, or is demonstrated by a brand-new opportunity that my that assistance may facilitate promote my business further.
You never know where the next lead or the next business gratuity or even the next inspiring person that you may meet the universe is an unbelievably potent region and by place it out there about what you’re doing and evidencing people intensely and positively the appreciate that you’re adding to the world it’s amazing what will come back to you you’ve got to get out there engage with people and let people know what you’re doing and where the business is going tip number four is to evolve raise your disallow never settle for mediocrity or self-complacency you need to be constantly growing now one of the ways that you can do that in your business is to invest in it make sure you do your research but when you’ve made that decision shape it happens a classic lesson was in my business whereas envisaging arming and hiring for practice too long as to whether I should improve the computer systems and software now it was creepy it was a large was a huge cost I was worried about the impact would have on the business cash flow, but lastly I said you know what precisely do it and looking at the result, I did for investments in the business.
I’ve been improved of my yield I’ve improved the efficiency and having brand-new implemented equipment systems in the office has really collected the energy status in the role too when it is necessary to invest in yourself make sure that you’re reading records make sure you’re becoming the expert make sure the or thriving your knowledge you are interested in the go-to person that everyone wants to hear your opinion on those matters or the products that you deliver and gratuity count five is to look after yourself ranging your own small business is incredibly traumatic it drains your power beginnings which is why you need to make really good care of yourself you need to make sure that you are fit and healthy you want to make sure when someone tries to rattle your enclose that you can subsist and you can rise above it.
I’ll share with you guys previously that some of my very best themes actually come to me when I’m practicing or sometimes even in the shower when I’m really next you likewise need to take care of yourself on a personal elevation you want to stay aware you want to abide centered one remain ground now by doing that will mean that you’re better at listening to what your clients want and by doing that you can make sure you deliver the products and works that do not merely fill their needs but exceeds their expectancies remember the more beings that you can add value to the more valuable you and your business will become now looking after yourself likewise intends protecting yourself, so you need to build a strong tribe of parties around you that motivate you to engender you and facilitate give you ideas.
Now I know for a lot of small businesses having that team of people around you isn’t possible so what I actually recommend in these circumstances is and I’m going to resound a little crazy but initiate your own imaginary mentor I have a lot of mentors some of them I’ve never even satisfy I know I’ll never even get to meet but through munching their records through watching their videos for mulling how would this person answer this business question or how would this person make this business decision it has had a huge impact on the way that I appear at my business and the direction that I stir potent financing decisions as a future increment of the business so don’t worry if you don’t have that person around you, you can create them yourself, and it may be really a temporary measure until that person introduces themselves to you in the physical being recollected at the end of the day.
The more people you can add value to more valuable you and your business will become, in summary, if you are running your own small business do it properly throw as much energy passion, and decide into it.
I promise when you do this properly you will never look at, and you’ll actually realise how fantastically potent and capable “you’ve been” are, and from that, they are able to gave even more powerful destinations which you’ll strive to achieve and hopefully attained now please let me know if you attained this video of value if you haven’t already delight make sure you subscribe and if you have any other strong tips that you want to share in the YouTube community for other small and medium-sized companies satisfy given them in the comments box below I will see you next week for fund Monday in the meantime good luck with all your small business investment