Most entrepreneurs and small business owners – at some point – dream of the time when this thing they are creating will give them freedom. Financial freedom and the freedom to fulfil the rest of their dreams.
The sad reality is that so few do it. In fact, the figures tell us that only 4% of start-up businesses make it to ten years. 4% last ten years. The rest fall by the wayside. That’s a 96% failure rate – which is horrifying.
So why is this happening? Continue reading
Mystery because you hear every business owner saying that they need systems. Everyone knows that they need them and that healthy productivity of the business depends on them. Problem is, few know what they really look like or how they work.
So, we can begin with the definition of a system. In business, a system is a way of getting the same result or outcome repeatedly. Continue reading
Assuming you already have employees on board, how well do you manage them? Do you manage them or are they managing you?
Today, small businesses have to make the most of limited resources, and that includes people.
My definition of managing people is easy; it’s simply to help the people who report directly to you to be the best they can be.
Whenever I ask my clients to think about the worst hires they ever had in the past, and why they were not right, the reasons generally come down to one, or a combination of these, seven classics.
When you run your own business you can’t live in a vacuum. Not if you want to build a successful business.
You must have on board the right people who are engaged in the process and the vision and bring them along with you.