Business ideas and monetising new concepts

6 things you should know before starting a business

That moment when 'doors are open' there's no turning back.

Jumping in the deep end and 'learning to swim' can be a great way to teach yourself how to survive in your business - but here are 6 things that may prepare you a little before you jump.

1. Build your processes

A process will help you stay on track and help you improve your service and highlight any deficiencies. 

2. Flexibility

You may think you know what you're selling and who you're selling to, but in reality you'll find that it will constantly adapt and change as you figure things out. Be flexible to change and move your business around to help your customers and build your sales.

3. Be humble

Sounds silly. But I have met many business owners that are more concerned about the title on their business card than actually working on their business. You're always learning (well I know I am) and you need to continue to grow.  

4. Start a good routine

If you begin with good habits, you're more likely to maintain them. I can get lazy when it comes to CRM and computer filing. How can I connect with my leads if they haven't been documented ? Note to self... make time daily! 

5. Good presentation

You don't need to throw money at everything to begin with - but you do need to make sure you start out with professional presentation. It's no good putting together a quick website and drawing your logo in MS word. Consumers are smart, and they can smell a newbie a mile away. Make a good first impression and don't send your potential client to your competitor.

6. Don't expect miracles but plan for them

When I started my business, I had a burning vision for instant success. I am one of those people who want instant gratification. Well didn’t I learn the hard way! It doesn't take a day to build your business. It is constant work and effort. Just don't give up!