Common,Small,Business,Mistakes business, insurance 7 Common Small Business Mistakes
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Your big dreams and big passion is what inspired you tobecome a small business owner. You weregoing to change the world! Now it turnsout whether on the internet or a physical location the day-to-day activities ofrunning a business are time consuming. Where is all the time you want to spend on those big goals? You want to be a great business owner or executive, but youare becoming discouraged. If you spend your time on day-to-day business needsdo you have to give up on the BIG passions that got you started? And how do you avoid your business fallingapart if you do choose to spend time working on the big picture things? You CAN do both. Being a great business owner means knowing these seven common organizingand productivity mistakes and avoiding them! 1. You KeepUsing Systems That Dont Work for You: Who would do that? Many if not most small business owners. Your day is full of systems, or repeatedactions. You may have systems forfollowing up with clients, organizing paperwork, or schedulingappointments. Whatever the case for yourbusiness these systems have to work FOR YOU. If you buy into a system that is touted tobe the best, and you cant get yourself to commit to it or arent having thesame results as others than it isnt the best system FOR YOU. Bad ineffective systems leave customers upsetand take up lots of your time. Effectivesystems lead to happy clients and easily delegated responsibilities.2. Thinking Your Brain Can Hold it All: The other great thing about effectivesystems- it means you dont have to keep everything in your head, and youshouldnt. When you had a couple clients and were getting started maybe youkept appointments and reminders in your head. As your business increases the chances of something slipping through thecracks increases. Dont miss appointments, follow-ups, oremails because you didnt record it somewhere. Also when you have everything inyour head others have a much harder time picking up the ball and helping you. 3. Not Having Employees to Help You SoonEnough: It can be hard to delegate. You want to make sure that EVERYTHING is just how you want it to be, itis your business. Your big dream. The problem is that if you want to see yourbig dream become a reality you are going to have to delegate. Having an assistant to help you accomplishthe day to day things means you have more time and energy for the big picturegoals. Dont wait until you are drowning to hirethat person. While you may get lucky andfind someone ready to hit the ground running who can pick up your systems withlittle effort, chances are more likely you will need to train your newassistant and build confidence in them before you let them loose. 4. Not Using Your Employees to Their FullPotential: Youve gotten the help you need. Now you have to use them well. Many small business owners pass outresponsibility willy-nilly. This leavesyou and your employees unsure what you will be doing, what they will be doing,and often how it should be done. Have a plan, a detailed plan for how you willdelegate work and how you expect work to be done. It will save you time and money. 5. Becoming Involved in Every Detail, or NotBeing Involved at All: Youve foundyour employees, youve delegated work to them effectively. Now what? You need to step back and let them handle theday-to-day responsibilities, it is why you hired them! Keeping yourself involved in every detail,even after you found and trained someone, keeps you out of the big picturedreams that NEED you. On the flip side check in once andawhile. This is your business you needto remain connected to the everyday work to make sure it is runningeffectively. 6. When There is a Disaster, You Dont Have aBackup Plan: Who will handle yourassistants work if they get sick, hurt, go on vacation, or have a baby? Youneed a plan for when your primary employee is unavailable, because at somepoint it will happen. Who will cover for them? Layout a system that allows forothers to pick up where they left off. 7. Believing That Disorder and Confusion are Justa Way of Life: They arent. Surethere will be times of transition, but that should not be your everydayreality. Believing that they are inevitable gives you and your staff permissionto function in chaos. You need solid systems in placefor organizing paperwork, and greatpeople in place to help with the everyday work. Give yourself time to work on the BIG dreamswhile still remaining involved in your day to day business. Start working on these seven areas and yoursmall business can run smoothly and be profitable too!
Common,Small,Business,Mistakes