Here are some of the small business tips I shared, on Monday’s Zoom session with local business owners. These are just the the bullet points, so you’ll need to fill any gaps so you can apply them to your unique situation.
In no particular order.
- Fire any client or customer, who regularly pays you late. As a small business owner, you simply can not afford to be their interest-free, cash flow solution. The time you gain after firing them, can then be invested in finding a new high-value client to replace them.
- Grab yourself life long, unlimited, free access to the world’s highest paid marketing writers. I explained it here.
- Take note of how much time you spend reacting today, rather than initiating. Make sure you get the balance right.
- What’s the biggest hurdle to your commercial success, right now? And how do you plan to remove that hurdle?
- Do your business hours reflect the needs of your clients or are they similar to your competitor’s hours? If the latter, you can achieve a HUGE win by adapting to your client’s needs instead.
- Do something today, which your future-self will thank you for. Do it tomorrow, too. Just by doing one small thing each day, you’ll radically accelerate your progress. Try it for 30 days. That’s what I did back in the 1990’s. I gave it a month… and I’m still doing it.
- You can’t hit an invisible target. Start replacing general wants, with measurable, numeric goals. For example, how many referrals a day do you want? What should next month’s income / profits be? How many new clients should you gain over the next 30 days, 3 months, 6 months and 12 months… numbers please.
- Answer this question, in detail: “If my business was perfect in every way, what would it look like?”. Remember, you’re describing your absolutely ideal business, not an even slightly watered down version. Think big.
I hope you find at least a few of these small business tips useful.