Here are five ways to building your business successfully this new year
5. Create a Strategy and Singular Focus
If you asked me what we did early on in our first business, I’d have told you, ‘What do you need done?” And if you’d asked me how much we charged, I’d have said, “What’s your budget?” While this may have worked early on to help generate revenue, it wasn’t sustainable. Ultimately, too many businesses fail because they don’t have a sound strategy and focus.
4. Say No to What’s Off Focus
It’s easier to create and plan a strategy and focus than it is to stick to it. But if you’re going to be successful, it’s not just important to say “Yes” to the right things, it’s important to say “No” to the wrong things.
3. Find Peer Support
It’s lonely at the top. Seriously, running a business is one of the loneliest jobs out there, even if you have a great partner.
2.Form a Board of Advisors
You can’t possibly know it all, and even with a great partner and great peers, you can use help in growing your business. While it’s great to have friends and mentors who can help you, I recommend you codify your mentors through the creation of a Board of Advisors.
1.Build Your Brand
The world of the mobile internet and social media has made it easier than ever before for a small business to “act and look big.”