Top Business Tips for the New Year
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| Stacy is a leader in the Work-from-Home Industry |
As we begin wind down another year, this is generally the
time when we begin to think about what we want to do differently in the coming
months, such as eating healthier, relaxing more, spending more time with loved
ones, and working out. But as much as we make these resolutions for ourselves,
we also make resolutions for our business. While we ponder what needs to be
accomplished in 2015, here are some great business tips compiled by BBC
Business News to help start off the New Year right.
Lead by Example
Danae Ringlemann, founder of the crowd funding website
Indiegogo believes in the importance of being an example as a leader. She
mentions a famous quote from Mahatma Gandhi that reads, “Be the change you wish
to see in the world.” As an owner, it is important to let your actions speak as
loud as your words. If you want a positive change to happen within your
business or with your employees, it is important to be that positive change and
make positive changes in the way you work day to day.
Get Back to Basics
Many business owners have grand plans to expand, add new
products and services, or launch themselves fully into the digital marketplace.
While all of these things are great for growing a business and staying relevant,
the founder of Nutmeg, an investment company, Nick Hungerford says it is also
important for small business to keep to the basics. “Don't over-complicate, and
instead think about what your customers genuinely need. What will make their
lives easier, richer and more convenient?”
Take Advantage of Resources
The managing director of Divine Chocolate, Sophi Tranchell,
stresses the importance of taking advantage of resources and advice that is
given from other business professionals. No one has all the answers and being
able to cultivate information from others who have been where you are and are
where you want to go is vitally important. Tranchell suggests planning what you
want to achieve in your business and coordinate the external professional
knowledge and internal skills you have to get you to that goal.
Work Hard
James Watt, the co-founder of Brewdog, a Scottish beer
company, says the simplest way to see success in the New Year is to work hard
but make sure you are enjoying yourself. Part of working hard is employing only
the best people to work for you, those who share your passion and your vision
and who will work hard for you and with you. Additionally, Watt challenges
business owners not to be afraid to take risks, “Don't be scared to take risks …
as the biggest risk to your company is when you stop.”
Keep Finances in Focus
“Never spend more than you are making,” says Rob Baines,
co-founder of the frozen yogurt chain Snog, “and invite friends into your
business with caution.” When a business starts to become successful, it can be
easy to justify spending more money on company dinners and client lunches. It
is important to keep finances in focus and ensure the extra spend is positive
for the business. Business success will also bring people in your personal life
out of the woodwork– make sure to approach these
situations with caution.
One of the leaders in the work from home industry is Stacy
O'Quinn and you can get him to help you with a simple phone call or email. If
you would like to learn more about Stacy, his opportunity, and how he can help
you, click here.
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