September 19. 2017
Everyone
has different ideas and views on what they class as ‘successful’, is it the
amount of money you make or is it having the perfect work life balance (does
this even exist?). If you know what you want to achieve you are heading in the
right direction. The following factors will help you to achieve your success!
Focus – What do you want to achieve?
Set yourself short term goals to ensure you stay on track. By knowing what you
truly want, you can define your business and achieve your goals.
Believe – In yourself and your business. If you don’t
who will?
Tax – Don’t
forget about it! Ensure you plan for your taxes. (We can look after this area
for you, one less factor to worry about!)
Creativity – Stand out from your competitors, think outside of the box, sometimes
it is good to be different. Develop your business to put you ahead of the rest.
It is also important to realise you don’t know everything, be open to new ideas
and opportunities that approach you.
Adapt – You need to do this for your
business to survive, adapt to change to ensure you are giving your customer
what they want and need (they may not know they need it yet). Opportunities
sometimes fall into your lap which aren’t the norm and you need to be able to
understand how to deal with such happenings.
Challenges – Identify and manage your challenges, develop your analytical skills.
There is never a problem you just need to find the solution. This will help you
move your business forward.
Cash - Feed your bottom line, find ways to get
money upfront to improve your cashflow. Make sure your capital
expenditures aren’t draining your business.
Organisation – This is important in both your personal and business life. Been
organised means you have control and this will increase your productivity.
Understand – Spend time researching your industry and your
target audience, you will then understand what your customers want and need.
This way you can ensure your business is offering the correct products and
services, in the right place and at the right time.
Notes – Reflect on your business, write down your
thoughts. Keep your notes to help you plan and prepare for the future.
Self-reflection will help you to develop self-awareness and encourages active
engagement in your work.
Technology –
Stay ahead
of the game, every day is changing. Does your business require you to use the
latest software? Should you be liaising with your customer more, can you do
this by using new technology? We can do everything we need to with our mobile
phones, is their opportunity for you to make changes? Smartphones,
social media, texting, emails and other communication channels make it easy to
get your message out.
Add Value – Give your customers that little
bit extra. Find low cost or no cost ways of making clients feel even better about
the product or service you have provided. Such acts will increase your gestures
of goodwill and also increase your word of mouth referrals.
Net Profit – Keep an eye on your net
profit, make sure you know how your business is operating. This then supports
your focus, creativity and understanding. This also give you the opportunity to
recognise any areas of concern, manage your finances and deal with any
challenges.
Consistency – Ensure you develop positive
habits that you can enforce over a long term. Therefore, giving each of your
customers the same experience.
You – Take time
for you! You are the most important part of all!