Starting a business, whether it is a 'small business'
where you work out of an office or a 'home based business' you
run out of a corner of your bedroom, you can drastically change
your life through a very simple plan.
Starting a business is not something you jump into. When you
are working a simple plan, starting a business is something you
GROW into.
How do you make a simple plan for growth when starting a business?
1. Groundwork of your simple plan is crucial when starting
a business.
Find someone that was successful in starting a business in your
industry, watch them, interview them, find out everything you
can about what they did when they were starting a business. Then,
write a simple plan outlining what they do all day.
In order to have what they have, you must do what they do,
so find out what percentage of their day is spent, for instance,
on the telephone making calls, receiving calls and the type of
calls.
2. Divide your time.
The next step in your simple plan as you are starting a business
is to divide your time like your mentor. Use the same percentage
of the total hours, as you will not work the same hours they
do.
The 'secret to success' is not in the hours, it is how you spend
them! By following the simple plan outlined here, you make the
most of your hours, and get the most out of everything as you
are starting a business with a simple plan of success.
3. Set your Goals.
A vital piece of success when starting a business is that you
have a goal in mind and work your simple plan to get there.
Without a destination (a specific income amount, a personal
item like a car or boat, or simply an amount set aside in savings),
how will you know you arrived?
4. Track your progress.
Divide your goal into days, weeks, months and/or years to quickly
know what is required to reach your destination.
Check your progress often. You will know quickly if you are
sticking to your original goal or if you are ahead or behind
schedule.
Just like a road trip, as you are starting a business, you will
likely come across some detours, that's OK. On vacation, just
as in starting a business, if you find a road blocked or a path
impassible, you simply find another way.
And, just as on vacation, include in your simple plan a few
hours here/there for such 'emergencies'. If you find you have
no emergencies, simply choose something else that will get you
closer to your destination, or just relax and enjoy where you
are.
5. Work ON your business, not only IN your business.
In starting a business, you must set aside part of your time
to plan, set goals, promote and advertise your business, not
simply work along in your business, doing the things you do.
When starting a business, a simple form of advertising is a
website. The more people that see what you have to offer, the
quicker your business will grow.
You could go door-to-door, telling everyone about your website
(not a simple plan!), or maximize your time by posting articles
online where many people see them.
This is overlooked by many as they are starting a business,
and one of the reasons they fail...
As your business grows, you will do less advertising and begin
to work your simple plan toward the 'IN your business' phase.
6. Give excellent Customer Service.
Upset customers kill more business than you can imagine. Find
a way to work with them, or simply give them their money back.
Losing customers is something you cannot afford when you are
just starting a business!
So many people simply do not make the time to provide quality
service to their customers. Do not let that happen to you!
With a little planning and goal setting, follow through each
week and simply repeating the process, you can change your business
from flat to cash in a short amount of time.
When starting a business, if you follow the simple plan we have
outlined here, you are already a success!
Steve Majors - The Lazy Investor
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