7 Tips To Starting A Successful Small Business

Starting in business early. Selling vegetables in the market. Boston, Mass. - NARA - 523224 Getting a off the ground is challenging to say the least. Here are some tips which will prepare the ground for running a successful .

Have Goals

This is where it all starts – the foundation for success. Know exactly where you are heading. What will the business ‘look’ like in the future? How will you know when your business is a success? When yoJohn Gully's Graveyard - geograph.org.uk - 1397993u wake up in the morning, do you know what actions you have to take to get you on the road to success?

Take Action

The difference between success and failure is down to the actions you take. The failures in life are the people who know what they have to do but never do it. The are people who take action on their ideas, ones who never say, “I wish I had done …”

Seek Feedback

There is a saying that feedback is the breakfast of champions. During the early days of your business you must continually seek feedback about all aspects of your business. What works? What doesn’t work? What needs changing slightly? Speak to customers, suppliers, your bank manager, your accountant – anyone who can provide you with a fresh perspective.

Find Out What Do You Don’t Know

You can’t expect to know everything about running a business. Undertake your own skills analysis and find out your areas for development. Once you know your knowledge gaps seek out courses, books and advice, which will get you on track.

Be Focused

Let no one distract you from achievement of your goals. At the start of every day get yourself into the frame of mind that you will only do tasks which will get you closer to your goal – nothing else matters.

Take Risks!

You will never achieve anything if you’re not prepared to jump off the cliff a few times! We’re not talking about risks which will put the business in jeopardy; just risks which are planned and thought out, yet at the same time test the edge!

Think Positive

Yes, the oldest clich © in the book, but totally true. See the positive in everything. If something has not gone right train yourself to ask, “What good has come out of this?” Understand that in every problem there is potential for good.

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Image credits:
Starting in business early. Selling vegetables in the market. Boston, Mass. – NARA – 523224 (Photo credit: Wikipedia)
John Gully’s Graveyard – geograph.org.uk – 1397993 (Photo credit: Wikipedia)

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Ernesto Sabatti

Ernesto is our resident entertainment expert. His knowledge of movies, television, and music is second to none. Ernesto enjoys reporting about how the internet influences the entertainment industry.

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