The excitement of a new month is real! Not only the hope of a new and fresh start or new wind of business project but also – Sept vibes too! Embracing the momentum of excitement is real but all serious business projects need careful evaluation and planning. Just like with sports, you should not rush into things! Preparation is the first stage of any business project whether it is a launch or a growth. So count to 3 …and read these “4 Mistakes to avoid with your small business”!
Here are few mistakes to avoid: Mistake #1 – rushing into business projects
Rushing into business projects without a strategy, planning or clear business goals is a no no. Your small business will not have identifiable business objectives. And without clear objectives you will be wasting precious time, money and resources! Having a clear business strategy is vital to have a clear vision for the future but also on the shorter term it will help you be focus on achieving your goals. This is exactly what we help our clients with with our 1:1 Strategy sessions.
Check out how CCJM Strategy sessions helped some of our clients. Mistake #2 – not taking action
So great ! Now you have a plan of action BUT lack putting it into action. Maybe you are being faced with a multitude of blocks such as lack of information, lack of confidence or lack of business experience etc… We talked about business procrastination over a podcast episode check it out here We also had an episode on Making the jump! where we are sharing the conversation I had with a fitness professional planning to take their business to the next level….explaining the whys of doing as opposed to learning/studying.
Mistake #3- sprinting
Running a business is a marathon not a sprint! The fire might become smaller and the hard work might start to feel real! Similar to the adrenaline numbing the fear and then suddenly it hits home!This is when perseverance & consistency comes into the picture. It might be extremely helpful to have a business coach or a business partner to be accountable to on a weekly or even monthly basis at that stage!
Mistake #4- give up too early
Just because it did not work the first time – it does not mean you should give up. The beauty of business is that we live in an ever changing eco-environment and the constant need to adapt to the market demand is real! A crucial part of your business project is evaluate, analyse – this is where the numbers / reports come into the picture & adjust your business strategy and planning. This is when you analyse the responses to your business offer and make the necessary adjustments to improve it or change it.
We hope these reminders will help you add whichever step is missing in your business project to help you start or grow your business. Remember we are here to help you! Simply email us to book a free initial online business chat with us!
Also, if you have missed it here is a recap on how having clear boundaries & daily routine could help you stay healthy physically, healthy mentally, focused, confident, happy and super productive! DOWNLOAD YOURS HERE
Do you lack time, motivation or experience to do some the crucial tasks in your small business? We can help you with our new “done for you” business services! Why not book a FREE business chat with us HERE and see how we can help you get it done for you!