There is one thing that entrepreneurs want, and that is to be better. They are constantly striving for bigger and better. Never satisfied, they are always looking to achieve great things. But the one thing that will bring about the greatest shift for an entrepreneur is within. Working and investing on themselves is the best investment an Entrepreneur can make.
Entrepreneurs are more likely to plan for the future than evaluate the past. But how can you fix something when you don't know it's broken? How will you celebrate achievements when you don't realise how significant they are to the big picture? If you do not conduct a review mid way through the year, it's likely you'll begin January with the same troubled systems, processes, and problems.
Ever wondered what your business is worth? If you aren’t planning on selling in the near future you may not have even thought about it. However, we think it's important to always understand the value of your business and outline 5 compelling reasons why!
We've got a whole load of tips we could share with you to help you achieve your business goals but let's start with some fundamentals, which we find really helpful when advising businesses - Keep it SIMPLE and SMART.
Whether you need motivation to transform your idea into a functioning business or you just need a little boost when you’re down, it’s always good to seek wisdom from bright and successful minds who have experienced it all before.
Recently, I heard one successful entrepreneur say “If you don’t want to work ON YOUR startup for at least 10 years, don’t startup at all”. This was meaningful to me because, as a business owner myself with more than 25 years experience in entrepreneurship I can easily relate with that sentiment.
When setting up a business there are hundreds if not thousands of tasks of varying size that need to be done or considered. When you haven’t even got a client yet it is hard to consider that you need good terms and conditions. Many entrepreneurs think those sorts of things can wait till later.