Growing Your Small Business

Sometimes your overall goals and ambitions are much harder to reach then you’d expect when starting a new business. The constant challenge to try and stand out and be different and better than your competition can be a battle. Without the right resources or knowledge, it can be nearly impossible. That’s why we have outlined 5 qualities for you that are a must when growing your small business.

1. Strategic Leadership: Strong leaders that can motivate and teach their employees are important to a company but strong leaders with strategic leadership is key to growing and expanding your business. Strategic leaders are necessary to see the future of the company and see the big picture. Being this type of leader you will more easily meet your business’s expectations and know the right strategies to take in order to be more productive and profitable.
2. Continually Self-Educating: It’s not enough anymore to have a degree and that’s where you stop your education. Every business is constantly changing and gaining new trends. The people that are constantly self-educating themselves by reading books, attending events in your industry, and networking will be more successful than those that don’t. Stay up on what is going on in your industry and adapt to those changes. Don’t be out of date.
3. Being Accessible: Today, everybody wants fast and right now. We live in a world where we have fast food, fast internet, fast everything. If you become hard to reach or hard to work with, your business won’t grow. Be accessible and provide your customers with what they want, when they want it.
4. The Ability to Take Time Off: This one may surprise you. Most people may think that working around the clock and never stopping will help your business grow faster. While working hard and putting in the hours to grow your business is important, it can also burn you out. All work and no play can create a grumpy manager and affect your customer service. Some companies are creating “anti-workaholic” policies. These policies, like the one at BambooHR, are designed to make sure people are taking time off of work. You should be able to take a few hours to yourself and relax.
5. Resilient: Being able to take rejection is important. Growing a business will take a lot of work and a lot of ‘up’s and downs’, but if you are able to pick yourself back up and keep trying after you have taken a lot of downfalls, you will reap the benefits. As cheesy as it sounds, if you are passionate, determined and believe you can achieve anything, you will most likely succeed. Given you put in the time and effort that it takes. Be resilient!