Friday, June 24, 2011

Five Dos and Don'ts When Running Your Business

Few think it kills the deal. Are you in danger of falling into the trap where you become too busy to really work on your business? Do you constantly run the business or prospective clients, spend the day jumping from one activity to another and eventually exhausted with little to show for their efforts?

It can happen to any business owner, no matter how big or small their business. The bulk of thinking syndrome occurs because of different razloga.Ishod, however, is never pretty.

Here are 5 dos and don'ts can be installed at any time when you feel yourself becoming scattered.

# 1: Follow the Money - Adopt this mantra as you do to get your business to produce more income, so you can grow your business

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Do not waste time on activities that do not make any income. Focus each day on 3 to 4 activities you can do that will run the machine for income.

Do not waste your time networking with groups who are not going to move your business forward. Do not be very picky about where you spend your time. If a group has great contacts where you can plant the seeds for growth, great. If the group is "feel good" group, or a reason for you to get away from the actual work of generating income, consider the time you are spending with them.

# 2:. Get something productive to do every day to be moving towards making money

do not spend untold hours in the day of entering data into the database. Make it work at night rather than during the productive hours per day. Make a list of people to contact and make a commitment to talk with 75% of them every day.

DO NOT run out and buy every gadget, every new tape dispenser, the latest "get rich quick" marketing plan. Do not spend time thinking about what you need to actually generate money. If spending a dollar has the potential to bring you two dollars, which may be a good deal. If expenses have long-term ability to add to your productivity, such as Contact Manager database, to find the money.

# 3:. Keep track of your money

do not make the assumption that since you have no money, there's really no reason to monitor arrivals and events for your money. Do not put together an easy to use get a plan that outlines where and when your income is hitting the pocket and when and where the costs are leaving your pocket.

do not make rash decisions when you panic because there is no money coming in. go back over the 'seeds' are planted and find other ways to harvest these seeds.

# 4:. Create partnerships

do not try and build a successful business on your own. Do not start thinking about what you offer that someone else could benefit from and see if there are possibilities of partnerships with people who have been around a lot longer than you have.

does not give the farm in partnership. Think clearly and confidently about what you bring to the table and never lose sight of the value that it brings. Never let yourself believe someone knows your business better than you do. DO find people who share your values​​, your beliefs and to get excited about your vision. Explore ways to work together, even if at first it was just sharing links to web pages.

# 5:. Be clear about what you want

I do not think you can just muddle along and your business will run, or hiring someone right out of the box will solve all your problems. You are a critical component of your business. DO write down your vision and values ​​and where do you see yourself in 3-5 years. If you can see the future, you can build a future. Rent will not reduce the future happen.

Do not be afraid to dream big, talk to people who are more successful than you, find people you can ask for help from. Get outside your comfort zone every day, every week, every month.

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