Five Things That Will Keep You in Business
Anyone who has ever run a business that they started knows that it is not an easy thing to do. Sure, there are high success stories that we all read, where somebody had a great idea and made millions of dollars. But let’s be honest; that’s the exception to the rule. For the millions of other business owners who have started their own businesses in today’s difficult market, here are five things that can help you stay in business.
- Make sure that everything your business says and does is directly related to why you started in the first place. It’s very easy for a business to start to wander by following after new opportunities that have almost nothing to do with the primary core purpose of the business simply to make money. If you’re running a coffee shop, don’t try and become the next supermarket.
- Finding the easiest and cheapest way of doing things is not always the best route. Pick what best represents your company's core values and make purchases that reflect and represent them.
- Never give up! Knowing and believing that better days are coming regardless of current circumstances is fuel enough to the help keep you fighting to win another day. How many companies go out of business simply because their owners do not have the grit it takes to build lasting ones.
- Watch your attitude! A know-it-all is not someone most people want to know at all. Remembering that the customer is 'almost always right' is the best attitude to follow.
- Know your own limitations. Many business owners want to do it all because it’s the cheapest way to get it done and they think they can do it better than anyone else. This is baloney. The smart money is on doing what you are best at and getting others to do the rest.
Since only one out of 10 businesses make it to year 10, paying attention to these five things identified above can help you become that one.
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Tom Marin Wants To Hear From You!
Tom Marin is the Founder and President of MarketCues, Inc., a national consulting firm. He has worked for some of the world’s largest corporations and middle-market firms. Tom’s focus is to help CEOs drive their strategy shifts and strategic growth programs. Follow MarketCues on Twitter. Tom also welcomes emails new LinkedIn connections or calls to (919) 908-6145.
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Tom Marin is the Founder and President of MarketCues, Inc., a national consulting firm. He has worked for some of the world’s largest corporations and middle-market firms. Tom’s focus is to help CEOs drive their strategy shifts and strategic growth programs. Follow MarketCues on Twitter. Tom also welcomes emails new LinkedIn connections or calls to (919) 908-6145.
