Regardless of the reasons for starting a business, focus on building solid foundations for your business, focus on building an empire, not the story of success overnight.
To help you run and grow business with the goal of creating long term opportunities, here are 10 common mistakes with solutions that will help you to avoid at all costs.
10 Mistakes Should Prevent while Growing your Business
Mistake : The First Mistake Almost all new entrepreneurs think that when you are the owner, you take the time. You can feel that there is no crowd to complete a project, you can always burn midnight oil and complete it at night, so that you can hit the beach during the day .As the time passes, you begin to develop a habit of working for a lesser and less and less time-bound work for your business. You losses your discipline.
Solution: When you work for a company, always there is someone who is above you to ensure that you are living on the track and meeting your assignment. To avoid this mistake, remember that owning your own business means that you only answer yourself and your customers and you have complete control on all decisions, Good and bad.
Set deadline for your projects, make sure that you commit 100% to complete them within the time frame provided by you. Remember, self-discipline is controlled by you, not by Anyone else.
2. Thinking that you know everything
Mistake : You have the knowledge and skills to do the essential tasks of your business. Everything is going well, so you do not have to waste time learning new things.
Solution: You may be getting it right, but if you really care about your business and want to see it and go to the next level, learn more about your business. You have to upgrade your skills. This does not mean that you need to get out and get an MBA, but you should always look for ways to improve your knowledge and ways to do your job better.
3. Lack of regular (good habits)
Mistake : When you are a boss, you feel like working in the working hours. You can take as many breaks as you want, as long as you want.
Solution : The problem is that when you are taking those extended breaks, you are losing on potential business opportunities. Instead, create a schedule and stick with it, even if you are working from home, stick to it anyway.
Set up a permanent time, say 8-12, and take only that time when you need full lunch, and be committed to being busy and working on your business.
4. Giving Up Very soon
Mistake : When things get tough, you throw it in the towel and call it a day. Leave whatever you were doing and your meditation has been redirected with any other idea, which was with your thoughts.
Solution : Do not give up – never thought of giving up, Understand that you will have to face difficult times, you will kill many brick walls, but if you accept defeat, you will never know that on the other side What is waiting.
Ready to face the obstacles on the way, commit all your energy to fulfill whatever you start. Break your goals into manageable areas so you can stay on track and keep motivated.
If you start developing a losing habit, you will never achieve anything!
5. To ignore passion for what you do
Mistake : You need quick cash, you see on the internet that people are earning money from home for a few hours in a week. To learn more and to reach that level faster, you invest hundreds of dollars on tools and training courses, Then you go out and start a business on a topic in which people are making money.
Even if you are not particularly knowledgeable and actually do not care much about a specific area, yet you decide to start a business because others are making a lot of money.
Solution : “Do things you like and you will never work in your life for one day.” In other words, if you are passionate about what you are doing then you will never be bored, you will actually expect to rotate your sleeve and work on your business, you always have to say something, and that is positive Energy will translate your customers and they will come back to you.
If you are passionate about your business, you will sell more and your customers will appreciate it. You can close the doors for a business that you do not care, but you can not close the door and you can go away from your passion.
6. Too many projection
Mistake : You are very excited about your new business, you are ready to do business and earn money, but then things get tough, things are not planned, and your speed starts to slow down and suddenly, things are being undone.
You take some time to recharge your batteries, perhaps taking a few days or weeks to run your business, this should help you get things perspective.
Solution : Any day, the moment you do, you should never do it today, you will start developing this pattern and you will begin to become habit.Be active all the time, divide your goals into manageable tasks and work towards meeting your goals at one time.
The best way to beat the delay is to give yourself a timeline to complete the task, and stay with it!
7. Networking is not enough
Mistake : You believe that the products and services you are offering are the best in the market, so customers will come to you, business relationships will be started by them, not you, because your brand And what you are offering is better.
Solution : In today’s world, if you are not networking, then you will quickly get faded, and your company and your products will also be there. No matter what you sell, you need to continually bet on networking to create your own brand, your company brand and create more awareness for your products and services.
You can not wait specifically to knock on your door during the startup phase. You need to go there and made your brand’s biggest publisher.
8. Lack of investment
Mistake : You borrow some money from family and friends to start your business, your friend is your website, some graphics for marketing, and you are in business.You do not need anything else because you only need to run one business, or so you read online.
Solution : Yes you should be economical, but should not be cheap. To find customers, you need to advertise and advertise, you need to spend money on creating graphics, creating marketing campaigns, running traffic on your website, etc.
You need to reassure your clients that your business will be tomorrow, and in order to do this, you need to look and act like running a successful business.
9. Lack of Culture
Mistake : There is no need to worry about the company’s culture, eventually the company will grow, a culture will grow.What matters is that how many customers can you sell and earn money.
Solution : You only need to define your business culture, even if you are one. Try to create a culture of passion and enthusiasm, your customers will be infected by it.
The most effective way to get loyal customers is to adopt a culture that really cares about the welfare of the customer. You can sell a pair of shoes that you can buy for half price in a nearby store, and you will happily pay for it.
There are companies that can not have a laudable office, they can not have the top of line products and services, but they are very good at customer service and they believe too much in whatever they do, due to them Competitive edge gets their more established competitors.
10. Only work no Rest
Mistake : You want to get your business and walk fast, and you want to start making money as soon as possible. One of the last and probably the biggest mistake is thinking that the only way to do this is to burn midnight oil every night, lock yourself in a room on weekends and possibly work in every other business on your business.
Solution : The fact is, the business is running, especially if you are doing it part time while doing full-time work, then it is very difficult, especially if you have a family.
Yes, to do your business, you need a lot of work, long time, and lots of support from your friends and family.
But, you have to set rules and be clever about them, do not burn the first year because you are working so hard that you forget that you also have life.
As soon as your body needs rest to work, your brain needs time to rest from your business, so that you can think clearly, relax, and with motivated and new ideas Can come back.