Small Business Management – Is This Your Solution To The 5 Things You Need To Be Successful In Business?

by Linda Feinholz · 0 comments

You basically need just 5 things to thrive in business. Focus, leverage, leadership, management and passion The really good news is that everyone can master these just by giving them your attention.

Focus
Being able to stay focused is the first key to small business success. There will always be new options, new opportunities, new markets you ‘could’ take your products and services to. The quickest and easiest way to build success is by having a clear focus and checking to make sure all your efforts are aligned.

There is always more that could be added to your To Do list, but are those tasks adding value? Double check daily that the actions you’re giving your time to will build the business results you’re aiming for.

Leverage
One of the ongoing challenges for every small business is getting it all done. If your vision is to grow your business, you need to practice ‘not doing’ – not doing it all your self, not doing what doesn’t actually need doing. Leverage means setting up systems for how things are best done, so that they can be handed off to other people.

Another form of leverage is hiring others, whether part-time or full-time, to take over those systems and activities. Using both of those forms of leverage will free you up to be doing exactly what you need to accomplish on behalf of your business.

Leadership
How do you envision your role in your business? Is it as a team member or a team leader? If it’s the former you’re playing small. Every team needs great members, but team success depends on a leader who make sure the resources the teams needs are available, and the obstacles get cleared out of the way. Be the leader.

Management
No matter the size of your business, you need to carve out time for working ‘on’ your business rather than ‘in’ it. That means putting together the plans that will be road maps for everyone’s efforts. Once you have those plans, it’s your turn to make sure you’ve got the resources your business needs to get the work done. And as work is taking place, you need to monitor how things are going so you know what to adjust.

Passion
Let’s not forget, as you become absorbed in the doing, you need reminders of why you’re in business in the first place. Keep your life vision and your business vision in your line of sight on a regular basis so that you can draw on the inspiration to sustain your balance!

And one way to grow your business to the next level is to join the Business Accelerator TeleSeminar Club at www.TheBusinessAcceleratorClub.com – come on board and join for $200 savings the first month.

Come join me and like-minded business builders and learn all about how to run your current business ever easier, AND how to take your experience & expertise and turn it into – Programs, Products & Services Your Clients Are Hungry For – with all the how to’s set out for you.

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