9 tips to be a better business person

Starting a business can be exciting but also stressful. Once you have started a business there are many financial, legal, media and customer things that will need to be complete for it to be up and running. Here are a few tip that will help along the often lonely road of entrepreneurship that could help you succeed in what many entrepreneurs called their other baby.

1. Have a solid business plan

Never underestimate what having a solid business plan can do for you and your business. While it will take a significant amount of time, work and research to complete one, it’s well worth it. It will allow you to see into the potentail your business has that not even working IN your business can do, as by building it you will be working ON your business. It is also a living document that can evolve with the ever changing times.

It allows your to see your ideas on paper and should answer the following questions.

Who is your Target Market
What need are you fulfilling
What is my breakeven
What will your business structure be
What is products or services

These are just a few, the more questions you can answer, the more clarity you have about running your business.

2. Create healthy Habits

Healthy habits help your mind and body perform at a higher level. When you make a habit part of your routine, you’ll automatically stick with it for the long term. Habits such as tackling the high return task can lead to less time wastage and better performance. Waking up early has been proven to improve mood but can also help the ever growing list of things entrepreneurs need to get done.

Try forming good habit by habit stacking, its a technique developed by James Clear in his book called Atomic Habits that help with introducing and maintaining a new habit by attaching new habit with an already persisting one, such as brushing your teeth or having your morning coffee.

3. Plan your week ahead of time to get stuff done

Planning your week will allow you to see the tasks at a glance, it will also allow you to shift focus on tasks that are more important, tasks that have a better return on investment. Try to outsource low value task. This should clear you up to again work on your business instead of in.

4. Don’t be afraid to ask for help

If you need help ask for it, you will be surprised at how many people are willing to help and collaborate! This is a key concept for entrepreneurs as getting eye on your business is what you need. There are loads of resources out there and people sharing knowledge and advice. Use as much free resources as you can such as Facebook groups, online forums or even the people around you. Become part of a community and engage like minded individuals.

5. Build a team that shares your vision

Having a team around you that share your vision is good business practice because behind every successful business is a reliable team. Each team mate will bring a different skill set to the business and will aid it its success.

6. Never stop learning

Attend classes, seminars and read books. Learning new skills and concepts can give you the tools you need to succeed. Read our blog post about what its important to keep learning and how it can make you a better entrepreneur.

7. Get a reliable mentor

Getting a person who you can rely in for guidance is always valuable. Entrepreneurship can be a lonely road and having someone who you can bounce ideas off and will help you to keep track of you goals can be a real game changer.

8. Don’t be afraid of networking

Again getting eyes on your business or reaching out to a resource that can help support or provide fresh idea and again collaborate is and important tool kit to have being an entrepreneur.

9. Learn to speak confidently in public

Having a great elevator pitch can really get people interested in wha you do. Have a succinct and compelling to to tell your story and what you do to potentail customers and investors. Keep it under a minute if people are interested be ready with more detail.

These are just some tips to guide you on your entrepreneurial journey. There are loads more tips that can help and some may work for you better than others.

Good luck!