Your inbox is a necessary evil, but do you really understand how much time you’re spending checking, reading and answering your email?
According to the McKinsey Global Institute, 13 hours of the average work week is spent reading, deleting, sorting and creating emails. Yea, we know you still need SOME time to sort through email, but 13 hours worth?
If you think you might be an email addict, here’s how to fix it:
Think about the typical advice most business owner get and read.
- “Be great at what you do.”
- “Narrow your marketing to one ideal client.”
- “Focus on customer service to get repeat business.”
This advice is all well and good, but there’s a lot of successful business wisdom once you move past the vanilla advice. There’s a lot of wisdom in weird. Here are five strange pieces of business advice.
You may be the best coach in the world, but if nobody knows who you are – does it matter? This isn't an exercise in Zen thinking. It’s a real world concern if you're not a name in your field and want new clients.
Like it or not, people congregate around popular businesses. If you want to grow your small business, you need to create that popularity. Becoming a recognized industry expert is easy if you follow these steps.
There’s always too much to be done when you own your own business. So why not be as productive as possible? Here are ways to trick your mind into squeezing more out of each day.
The best way to get new small business clients is through referrals from satisfied existing clients. But how do you make that happen? It’s easier than you think. You don't have to ask your clients or contacts “Who do you know that would benefit from my services?” The typical direct sales type tactics for asking for referrals were developed over 70 years ago. And since you're doing business now, and not with your grandpa, you need to do something different.
Try these three unique ideas for asking for referrals that will actually work.
Are you a procrastinator? Instead of beating yourself over the head, do it smarter. According Timothy Pychyl, an associate professor and graduate chair of Psychology at Carleton University, procrastination can be important to creative work – including your work as an entrepreneur.
If you’re in business for yourself, you have to be a leader. There’s simply no choice. Not only do you have to lead, you have to do it well. It’s not the same as being in a management position in company. Not to be too dramatic, but everything is on your shoulders.
Fortunately, there’s a lot that you can do to become a better leader – and you can start with understanding your emotional intelligence.
Do feel like you’re living invoice to invoice? Are you a slave to your bank account and on a first name basis with your mail carrier (secretly wondering if he's lost that big account invoice you've been waiting the past 60 days to receive)? You need to improve your small business cash flow.
New research from Harvard Business School’s Shikhar Ghosh shows that between 40 percent and 75 percent of all startups fail. But you don’t have to be one of them. By studying successful startups, and learning from their successes and failures, you can avoid the landmines that can rock any business.
Here’s how to do it.
According to the Merriam-Webster dictionary, a mentor is a “trusted counselor or guide." Sounds good, doesn't it? Who wouldn't want to have someone they can trust to guide them through the new world of small business ownership?
Unfortunately, finding a mentor isn't easy--and finding a "good one" -- one that is the right fit for you -- is even more difficult.